Victoria Gold Corp. (TSX-V: VIT and OTC Other: VITFF) announced today that the ongoing 2011 exploration drilling program at its 100% owned Dublin Gulch, Yukon project continues to intersect significant gold mineralization near the Eagle gold deposit and at targets elsewhere in the project area. The Dublin Gulch project is the site of one of the most intensive exploration programs in the Yukon region, and the 2011 work program includes diamond drilling and other geological and geochemical evaluation efforts. In addition, the Eagle Gold Deposit is in the permitting process and a Feasibility Study is expected to be completed in Q4, 2011.
In the release, John McConnell, President and CEO of Victoria stated: “Extensional drilling along and adjacent to the Eagle Gold Deposit further demonstrate the future growth potential as we move this deposit toward full production in 2014. Our strategy to find additional economic opportunities along the Potato Hills Trend have also been bolstered by recent drilling. We currently have three core drills operating on the property, one drilling on Eagle and two drilling along the Potato Hills Trend. With our 100 person permanent camp we have the unique ability to continue drilling through to early December”.