Victoria Provides a 2011 Review While Enthusiasm Grows for 2012

Victoria Provides a 2011 Review While Enthusiasm Grows for 2012

ID: 107302

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/24/12 -- Victoria Gold Corp. (TSX VENTURE: VIT) (the "Company") is pleased to provide a review of 2011 while looking forward to key near term milestones the Company expects to achieve in 2012. All dollar amounts in this news release are expressed in Canadian dollars unless otherwise stated.

John McConnell, President and CEO stated: "2011 has been a transformational year for Victoria. We have achieved significant steps to becoming Yukon's next gold producer. In addition to our skilled exploration team, the Company now boasts considerable development and construction experience. This growing team, focused on developing the Eagle Gold Mine in the Yukon, will drive important milestones, including the anticipated start of construction in the second half 2012".

2011 Review:

2012 Current and Near Term Activities:

About Victoria

Victoria is a high growth gold company with a focus on adding value per share through efficient exploration, project development, accretive acquisitions and effective marketing. Maintaining a low risk profile through project diversification, sound financial management, and operating in secure jurisdictions are key priorities for Victoria's management team.

Cautionary Language and Forward-Looking Statements

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.





This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Victoria Gold Corp.
John McConnell
President & CEO
416-866-8800
416-866-8801 (FAX)

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Unternehmensinformation / Kurzprofil:
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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 24.01.2012 - 16:47 Uhr
Sprache: Deutsch
News-ID 107302
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Mining & Metals



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