Victoria Gold Corp. announced the final set of analytical results from the 2023 exploration campaign at the Raven deposit. Raven was the primary focus of this season's exploration efforts at the Dublin Gulch camp, with over 13,200 meters ("m") of diamond drilling consisting of systematic fence drilling to the east of the current deposit bounds coupled with exploratory drillholes around the promising high-grade mineralization identified last season in drillhole NG22-155C (20.24 g/t Au over 14.5m).

Victoria anticipates releasing an updated Raven Mineral Resource Estimate following the compilation and analysis of the 2023 drill results. Assays for the final 23 of the 39 drillholes collared in 2023 have been received. During the 2023 field season, 13,220m of diamond drilling was completed (39 holes at Raven) along with 1,282m of surface trenches (16 trenches at both Raven and Lynx), detailed structural/geological mapping and prospecting.

Drilling in 2022 and 2023 tested an additional 400m of strike length from the 2022 maiden Raven Mineral Resource Estimate eastern limits. Analytical results from these programs represent further confirmation of the Raven mineralization and Resource model, with long intervals of gold mineralization (such as 240.2m of 0.96 g/t Au) hosted within granodiorite lithologies punctuated by intervals of high grade massive sulphide veins (such as 1.0m of 49.10 g/t Au and 0.5m of 24.20 g/t Au). The second half of the 2023 program, from which these assay results are derived, was split between exploratory drilling to the east of the Raven deposit, targeting further definition of the previously identified high-grade trend east of Raven and drilling internal to the current Raven Resource, targeting areas with previously limited data.

This later aspect of the program was designed to increase the grade and confidence of the Raven Resource.