Victory Goldfields (ASX:1VG)
- Coodardy project – 17 RC drill holes for 1,453m drilled in an area of known historical gold mineralisation. Historical results include:
- 12m at 4.5 g/t Au from 12m
- 14m at 4.21 g/t Au from 14m
- Coodardy program forms part of a larger resource definition drilling program to delineate a maiden JORC 2012 compliant resource at Coodardy
- Emily Wells project – 6 RC drill holes for 888m testing the gold anomaly that lies adjacent to the previously tested Oxonia mineralisation
- Nemesis (Tuckanarra) project – 8 RC drill holes for 1,480m testing the recently identified auger gold geochemical anomaly
Victory Goldfields (ASX:1VG) ("Victory" or "the Company") is pleased to announce it has completed a total of 3,821m of Reverse Circulation ("RC") drilling across three projects – Coodardy, Emily Wells and Nemesis (Tuckanarra). The RC drilling follows recent successful auger soil geochemical programs and the results of the DD drilling program at Coodardy.
Victory's Executive Chairman, Trevor Matthews said: "The three RC drilling programs are focussing on exciting targets from Victory's extensive project portfolio.
Assay samples are now with the analytical laboratory with early positive indications for all three projects. The Victory board and management eagerly await the results from this campaign "
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