More good news from Victoria Gold close to Zonte border
Victoria Gold: 24.69 g/t Au over 6.5m from 2022 Lynx Exploration Program
WHITEHORSE, Yukon, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to provide diamond drill and surface trench assay results received to date from the 2022 Dublin Gulch exploration program for the Lynx target, one of the high priority on/near-surface gold targets within the Dublin Gulch Gold Camp. During the 2022 season, 27,215 meters (“m”) of diamond drilling was completed across the Dublin Gulch claim package, inclusive of 6 drillholes for 1,971m at Lynx. In addition, 12 surface trenches totalling 936 meters were constructed and sampled as part of the ongoing evaluation of Lynx.
Highlighted assay results for 3 fully and 1 partially received Lynx exploration drillholes are presented below:
24.69 g/t Au over 6.5m from 170.5m in LX22-037C**, including:
63.32 g/t Au over 2.5m from 172.0m
2.46 g/t Au over 27.2m from 70.3m in LX22-040C, including:
83.90 g/t Au over 0.5m from 70.3m, and
1.89 g/t Au over 7.1m from 292.2m
Highlighted assay results for 10 Lynx exploration trenches for which assays have been received to date are presented below:
1.11 g/t Au over 38.0m from 24m in TRLX22-030C
1.06 g/t Au over 10.0m from 16m in TRLX22-031C
0.62 g/t Au over 44.0m from 22m in TRLX22-032C
“Exploration at Lynx in 2022 has demonstrated consistent gold mineralization across a large target area,” commented Paul Gray, VP Technical Services of Victoria. “Through the Lynx campaign multiple strong gold intercepts were observed and mineralization was established across 750m of strike length and over 300m in width.”
2022 diamond drilling was designed to extend the previous historic drillholes by targeting the intrusive-metasedimentary contacts and structures mapped in newly constructed surface trenches. Exposures opened during the trench programs returned strongly anomalous scorodite, bismuth and siderite related sulphide veins within predominantly altered granodiorite lithologies. The style of mineralization and attitude of veins are strikingly similar to those previously noted at the Olive and Raven Zones.
Exploration in 2022 at Lynx built on the success of the 2020 and 2021 campaigns (4.65 g/t Au over 32.0m in trench TRLX20-5; 2.00 g/t Au over 32.3m from 7.6m in drillhole LX21-025C – See Company News Releases dated December 8, 2020 and March 1, 2022) and was designed to extend the known near-surface gold mineralization as well as target its vertical extents. To date, approximately 750m of mineralized strike has been tested and the target remains open in all directions, with particular potential defined to the east. Assays for 4 of 6 Lynx drill holes and 10 of the 12 surface trenches have been received to date, and are presented below in Tables 1 and 2.