NEVADA – Core from Toronto-based VICTORIA RESOURCE’s Cove-McCoy project in the north-central part of the state assayed as high as 13.89 g/t Au over 9.1 metres in the Helen zone. That assay came from a 53.3-m section that averaged 3.94 g/t Au.
The Helen zone is one of eight postulated significant structural intersection zones located within the NW-Cove target. In turn, the NW-Cove target is just the first of 14 larger target areas on the Cove-McCoy property to be drilled by Victoria.
Victoria is earning up to a 100% interest in the Cove-McCoy project through annual work commitments. NEWMONT MINING, the owner, retains a back-in right for a 51% interest or a cash payment plus net smelter royalty.
To view a diagram, that shows the drill hole locations of the Helen zone at the Cove-McCoy property, visit http://media3.marketwire.com/docs/ZoneDrillHoleLocations.ppt.
Victoria Resources is holding its annual general meeting in Toronto on July 17, 2008, at which time it plans to change its name to VICTORIA GOLD CORP.