BH-2 Summary Table:
                                    From         To                   Grade,
                                      (m)        (m)       Meters       g/t
                                       0        309           309      2.25
including                             38         41             3      3.46
and
including                             49         60            11      4.24
and
including                            104        153            49      3.93
             including               125        132             7      7.57
                        including    125        128             3     11.49
and
including                            227        247            20      4.30
             including               242        247             5      8.39
                        including    242        244             2     11.01
and
including                            275        281             6      4.73
                                     337        383            46      0.87
including                            347        361            14      1.46

"These gold assay results exceeded the expectations of Victoria and are especially encouraging since BH-2 is just the second hole drilled by the Company on the Santa Fe property; BH-2 was consistently mineralized with almost continuous gold values for a minimum of 385 m which we view as demonstrating that the property has substantial gold potential", said Chad Williams, President, CEO, and Director.

Wide Gold Zone Intersected

Victoria has the right to earn from Barrick Gold Corporation, up to a 70% interest in the Santa Fe gold property, which is comprised of 24 patented claims and 226 unpatented claims, by incurring exploration expenses in an aggregate amount of at least US$6.5 million over a six year period. Cumulative expenditures to date by Victoria are approximately US$1.2 million. Victoria has also staked 42 unpatented claims adjacent to the Santa Fe project. A summary table of historical drilling at the Santa Fe property can be found at www.vitgoldcorp.com.

Victoria's exploration activities on the Santa Fe property started in the summer of 2009. Drill hole BH-1 returned 1.34 g/t over 47.6m as reported in a press release of the Company dated September 16th, 2009.

BH-2 was drilled in the southeast corner, and close to the bottom of the main pit. This pit was mined to a depth of approximately 75 meters to the top elevation of BH-2.