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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (29723)1/14/2007 8:42:46 PM
From: Rocket Red  Respond to of 78421
 
Analysts were really impressed by the thickness of the discovery, 226m and the grade associated with 2.72g/t from 435.9 to 661.4. These results remind us on one of Aurelian’s first holes, 4.14g/t gold over 237m.

Victoria is also working on permitting its Black Canyon and Relief Canyon properties nearby which are due to be drilled soon. Black Canyon is interesting because earlier results of grab samples and trench sampling delivered very good results of 13.128 oz/t, 8.321 oz/t, 6.974 oz/t.

Given the current market cap of a good Ca$60 million we see minimal downward risk and a lot of blue sky potential.

The Gold Discovery Letter