Victoria Gold Announces Changes to its Board of Directors
April 19 2014 - 12:21PM
Access Wire
Toronto, ON / ACCESSWIRE / April 19, 2014 / Victoria Gold Corp.
("Victoria" or the "Company") (TSX-V: VIT-V) reports that
Edward Dowling has stepped down from the Company's Board of
Directors effective April 17, 2014. Mr. Dowling will be focussing
on his duties in relation to his recent appointment to Chairman of
Alacer Gold, which restrict him from participating on some gold
company boards. We would like to thank Mr. Dowling for his
contributions during his time on the Victoria Board and we wish him
continued success in his future endeavours.
About Victoria
Victoria Gold is an emerging gold producer whose flagship asset is
its 100% owned Dublin Gulch property which hosts the Eagle Gold
Deposit. Dublin Gulch is situated in the central Yukon, Canada,
approximately 375 kilometers north of the capital city of
Whitehorse. The property covers an area of
approximately 555 square kilometers, is accessible by road
year-round and is located within Yukon Energy Corporation's
electrical grid.
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
contained in 92 million tonnes of ore with a grade of 0.78 grams of
gold per tonne, as outlined in a National Instrument 43-101
Compliant Feasibility Study. The NI 43-101 Compliant Mineral
Resource has been estimated to host 222 million tonnes averaging
0.68 grams of gold per tonne, containing 4.9 million ounces of gold
in the "Indicated" category, inclusive of Probable Reserves, and a
further 78 million tonnes averaging 0.60 grams of gold per tonne,
containing 1.5 million ounces of gold in the "Inferred"
category.
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:
John McConnell
President & CEO
Victoria Gold Corp
Tel: 416-866-8800
Fax: 416-866-8801
www.vitgoldcorp.com
TSX: V-VIT
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