Toronto, Ontario (September 8, 2016) – Victoria Gold Corp. (VIT.TSX-V) (“Victoria” or the “Company”) is pleased to announce that it expects to release the Eagle Gold Feasibility Study (the “Study”) early on the morning of Monday, September 12, 2016.
In anticipation of the release of the Study, the Company plans to hold an audio/video web conference and a simultaneous teleconference on Monday, September 12, 2016 at 8:00am Eastern.
The audio/video web conference will include a presentation by John McConnell, Director and CEO and can be accessed at:
For those unable to attend the web conference or unable to hear the audio portion of the web conference, an audio teleconference can be accessed by calling:
Local / International: 416-849-3996
North American Toll- Free: 1-866-323-9095
Participant Passcode: 181625
At the conclusion of the web conference, there will be a short question period open to all participants.
A copy of the web conference will be made available on the Company’s website.
About the Dublin Gulch Project
Victoria Gold’s 100%-owned Dublin Gulch gold property is situated in the central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year-round, and is located within Yukon Energy’s electrical grid. The Company has constructed and maintains a 100 person all-season camp at the project site.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company’s Eagle Gold Project. The Eagle Gold Project is expected to be Yukon’s next operating gold mine and includes Probable Reserves of 2.3 million ozs of gold from 92 million tonnes of ore with a grade of 0.78 grams of gold per tonne, as outlined in a National Instrument 43-101 feasibility study.
The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., as the Qualified Person.
Cautionary Language and Forward-Looking Statements
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.
For Further Information Contact:
President & CEO
Victoria Gold Corp