Victoria Gold provides first resource estimate for Raven deposit near Eagle mine

The mineral resource – totalling nearly 20 million tonnes at 1.67 g/t gold (1.07 million oz. of contained gold) in the inferred category – represents the culmination of diamond drilling (over 18,000 metres) and surface exploration programs conducted on the Raven target through 2021. Results from the ongoing 2022 drill program were not included.

“In 2022, we have carried out Victoria’s largest ever exploration program, with 25,000 metres of drilling planned to expand Raven along strike and at depth,” McConnell added.

Victoria initiated the 2022 Dublin Gulch exploration program in late May, and it currently has four drills on site with over 20,000 metres of drilling in 76 holes completed to date. This campaign is heavily focused on the Raven target, where the footprint of mineralized intercepts has been extended approximately 325 metres east of the extents defined by the 2021 drilling.