Echelon on VIT’s new holes

Gold, yukon

“Results were characterized by relatively shallow intercepts (mostly within 100m down-hole), averaging 12.3m overall and returning an average grade of 0.78g/t Au and 12.82g/t Ag. True widths are estimated at between 70% to 80% of interval lengths. The results compare well with grades from recent work at Olive and Shamrock, and particularly with Shamrock insofar as being fairly shallow. Drilling at Spinach tested an area of approximately 400m by 400m. For comparison, the Eagle Gold deposit, which is now under construction, contains Proven and Probable reserves of 2.7Moz Au grading 0.67g/t Au, part of a wider resource containing 4.0Moz Au grading 0.65g/t Au in Measured and Indicated resources, and a further 0.5Moz Au grading 0.61 g/t Au in Inferred resources.” read more

Red Cloud on Victoria Gold

V.VIT, Victoria Gold, gold, Yukon

“We expect continued exploration success to be a positive catalyst for the stock and should help demonstrate the exploration upside that exists on the property. Victoria currently trades at a discount on a per ounces basis, or C$31/oz versus peers at C$57/oz, which we believe does not take into account the exploration potential of the Dublin Gulch property or that the
project has just transitioned from shovel ready to under-construction.” read more