Proactive investors

Victoria's Core Projects are: (click on each heading for more details)

• Eagle Gold Project- Dublin Gulch, Yukon, Canada

The Eagle Gold Project shows the ideal combination of positive mineral indicators, a desirable location with road and power access, and a strong, experienced management team.  Historically, the Yukon has been productive region for gold, and this property shows an Indicated Resource of 2.7 million ounces of gold (98.6 million tonnes grading 0.85 g/t), with a low waste-to-ore ratio and metallurgical characteristics favourable to lower-cost heap leach processing.  Its location provides good road access, is near to hydroelectric power and is within a progressive mining jurisdiction.

Feasibility studies are promising; a 1997 Feasibility Study (conducted by Rescan) indicated its economic viability at a gold price of $350/oz, with significant sensitivity to gold price fluctuation.  An updated NI 43-101 Pre-feasibility Study by Scott Wilson Roscoe Postle Associates will be completed by year end.  Enviromental and socio-economic baseline studies will be completed by Stantec (formerly "Jaques Whitford"), at the same time.

• Cove - Nevada
  

Cove is Victoria’s most advanced gold exploration project and is located on a 6,982-hectare (17, 252 acre) property which is leased from Newmont.

• Mill Canyon - Nevada

On May 13, 2003 Victoria entered into a Purchase Agreement with Newmont to acquire a 100% interest in the Mill Canyon property. In 2005 Victoria earned its 100% interest by completing all the required payments and exploration expenditures. Newmont retains a 3.5% net smelter return (NSR) royalty and has a back-in right to earn a 50% interests in the property.

• Big Springs - Nevada

The Big Springs project is the most advanced project which Victoria acquired from Gateway Gold Corp in December 2008.

• Santa Fe - Nevada

The Santa Fe project is located in southwestern Nevada within the Walker Lane physiographic province. The Walker Lane, one of the prime exploration terrains in Nevada, is host to over 45 million ounces of gold and 436 million ounces of silver.

• Relief Canyon - Nevada
  

The Relief Canyon property is over 3,000 hectares in size and is located in North-Central Nevada approximately 27 km east of Lovelock. In addition to the land leased from Newmont, Victoria has also staked about 4,000 hectares of unpatented mining claims in the vicinity.

• Mac Ridge

The Mac Ridge property is contiguous with and immediately east of the larger Big Springs claim block. This was the location of the first mining at Big Springs, from a small open pit near the top of the ridge which had a reported average grade of 7.54 g/t (0.22 opt).

• Golden Dome

Several companies, including Dresser Industries, Echo Bay Mines, Freeport McMoRan and Tenneco Industries, conducted limited exploration programs in the vicinity of the present claim block, but left the Golden Dome exploration target essentially untested. BHP Minerals acquired a group of claims over the target area based on a stream sediment geochemical anomaly. BHP's efforts during its brief tenure were limited to geological mapping and interpretation.

• Dorsey Creek

• Jack Creek - Nevada

• Island Mountain - Nevada

The Island Mountain property comprises 53 claims and is located approximately ten miles north of  the Big Springs property. Geochemical rock and soil surveys have established a number of large gold anomalies where drilling by previous operators has intercepted gold mineralization. Significant areas within the anomalous zones are untested by drilling and provide excellent opportunities for the discovery of further mineralization.

• Tassawini - Guyana

On June 4, 2009, Victoria Gold Corporation acquired StrataGold Inc. and all of its subsidiaries which included StrataGold Guyana Inc., StrataGold (Barbados) Corporation, and Tassawini (Barbados) Corporation.

The Tassawini Property is situated in the Barima-Waini District of Northwestern Guyana, South America. It is located approximately 170 kilometres northwest of the capital, Georgetown and is accessible via a private airstrip located on the property and by barge.