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The 2021 forecast is an exciting one
"These are very exciting times for Victoria Gold. We've done a number of things to ensure that we maximize value for shareholders," says Director and President and CEO, John McConnell.
A few weeks ago, Coeur Mining purchased 17.8 percent of Victoria Gold from Orion Mine Finance. Secondly, the company has contacted other interested parties, signed confidentiality agreements and given them access to a Victoria Gold data room. Thirdly, Victoria Gold has accelerated its exploration program on Eagle, Raven, Lynx and Rex Peso. Additionally, the company plans to have five drills turning in the next few weeks.
Raven Exploration
Exploration timelines have been ramped up early due to favourable operating conditions, which will result in a longer, more intensive program for 2021. The originally planned exploration budget for 2021 has been stepped up to allow for a minimum of 15,000 meters of diamond drilling and related exploration initiatives. Victoria is targeting the definition of a maiden gold resource on this rapidly emerging, high-grade, near surface gold deposit.
For more information on Victoria Gold Corp. (TSX: VGCX, US: VITFF) please fill out the form below.
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