Drills 6.14 g/t Au In Dublin Gulch Project
Victoria Gold Corp. (TSXX:GCX) has intersected shallow, high-grade gold in its first exploration results from Lynx, one of several targets along the extensive Potato Hills Trend which hosts a corridor of mineralisation within the greater Dublin Gulch Gold Camp in Canada.
Exploration work at Lynx consisted of a short, focused program including four diamond drillholes totalling 590m, 720n of surface trenches from six trenches and the collection of over 1,600 grid based soil geochemical samples. The programme was designed to test the near-surface mineralization potential of the Lynx target.
Intersections of highly anomalous, on and near-surface gold mineralisation have been identified from this season’s drillholes, including:
0.49 g/t Au over 153.8m from surface, including 6.14 g/t Au over 8.4m from 23.3m;
- g/t Au over 11.9m from surface, and 1.12 g/t Au over 13.5 m from 131.3m
Surface Trench results also returned impressive high-grade gold mineralization including:
- 4.65 g/t Au over 32m
- 3.33 g/t Au over 16m
- 1.62 g/t Au over 46m; and
- 1.35 g/t Au over 80.0m
“Lynx is another example of good geological work by our exploration team in the application of the Potato Hills Trend Mineralisation Model.” said John McConnell, President & CEO.
“These high-grade, near surface gold mineralisation results speak to the mineral potential of the entire Dublin Gulch Gold Camp, and in specific Lynx.
“Our confidence and hit rate with the Potato Hills Trend Mineralisation Model continues to grow with each new drill campaign.”
Lynx is located centrally in the Dublin Gulch claim block, approximately five km southwest of Raven, the main target of Victoria’s 2020 exploration campaign, and is centred on a 400 by 700m elliptical exposure of Cretaceous granodiorite stock that intrudes overlying metasedimentary Proterozoic Hyland Group and Devono-Missippian Keno Hill Quartzite Formations.
The Lynx target exhibits similar characteristics to Victoria Gold’s Nugget and Raven exploration targets and has seen limited exploration by previous operators including a preliminary drilling/trenching campaign in 1997 that received follow-up drill testing in 2004. Since then, the target has remained unexplored and has never been assessed within the framework of Victoria’s Potato Hills Trend Mineralisation Model.
2020 results extend and expand upon the known mineralisation, confirming the Lynx target is part of the Potato Hills Trend and has the potential to host a much larger and more robust mineralized system than previously recognized. Importantly, the surface trenches excavated and sampled this year were able to penetrate into the host rock deeper than previous historic efforts and were constructed to extend and expand the exploration footprint over the target.
2020 diamond drilling results were designed to complement and extend the previous historic drillholes by targeting the intrusive-metasedimentary contacts and structures mapped in newly constructed trenches with step-out drillholes collared up to 150 meters from any previous drillholes.