Wide Mineralized Intervals in the Helen Zone at Cove-McCoy
TORONTO, ON - Victoria Gold Corp. reported assay results from core drill hole NW-11 from the Helen Zone at its Cove-McCoy Project located in North-Central Nevada.
Core drill hole NW-11 reached a total depth of 670 metres. Drilling was done using HQ and NQ-sized core and the assays were mostly taken at 1.52 metre intervals. The intercepts occur within the Helen Zone's eastern limb. The Helen Zone is located about 610 metres northwest of the Cove open pit.
The results of this step out drill hole demonstrate once again that higher-grade gold mineralization occurs within wide lower-grade intervals. Two drills are currently operating at Cove-McCoy. Drill hole NW-9 has reached a depth of 692 metres and is still in progress. NW-12 is currently at a depth of 613 metres and is also in progress.
"We are very pleased with these positive drill results at Cove because they clearly show that the dimensions of the Helen Zone's gold mineralization continues to expand. In addition, our understanding of the Helen Zone's geometry grows every day and we are well on track to validating our geological model. We are making consistent progress at Cove-McCoy and are excited about advancing this project. Of note, we have seen a remarkable improvement in the pace of drilling and therefore expect an increased flow of information from this project," said Chad Williams, President & CEO of Victoria Gold Corp.
Core drilling in hole HT-7 at Hilltop began on July 15, 2008 and has already reached a depth of over 853 metres. This probe hole has a targeted depth of approximately 975 metres. The target, below upper plate thrust sheets was defined using Victoria's structural systematics techniques.
The company's address is 80 Richmond Street West, Suite 303, Toronto, ON M5H 2A4, 416-866-8800, fax: 416-866-8801.