Victoria's Drill Hole NW-11 Intersects Multiple High-Grade Zones of Gold Within Wide Mineralized Intervals in the Helen Zone at Cove-McCoy

TORONTO, ONTARIO--(Marketwire - Sept. 8, 2008) - Marketwire - Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or "the Company") is pleased to announce assay results from core drill hole NW-11 from the Helen Zone at its Cove-McCoy Project located in North-Central Nevada. The results are shown in the table below:

Selected Intervals from Core Hole NW-11 Assay Results, Helen Zone,
 Cove-McCoy Project, Nevada


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                      From           To        Interval        Grade
                        (m)          (m)             (m)        (g/t)
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                     430.7        505.4            74.7         1.87
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Includes             441.4        444.4             3.1         4.87
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And Includes         468.8        486.2            17.4         5.55
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Includes             479.5        486.2             6.7        11.82
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                     577.0        611.4            34.4         4.06
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Includes             586.1        599.8            13.7         6.20
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And Includes         592.2        596.8             4.6         8.38
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                     615.8        624.2             8.4         2.50
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Includes             616.8        619.7             2.8         5.21
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A diagram showing the location of this drill hole can be viewed at: www.vitgoldcorp.com.

Core drill hole NW-11 reached a total depth of 670 metres. Drilling was done using HQ and NQ-sized core and the assays were mostly taken at 1.52 metre intervals. The above intercepts occur within the Helen Zone's eastern limb. The Helen Zone is located about 610 metres northwest of the Cove open pit.

The results of this step out drill hole demonstrate once again that higher-grade gold mineralization occurs within wide lower-grade intervals. Two drills are currently operating at Cove-McCoy. Drill hole NW-9 has reached a depth of 692 metres and is still in progress. NW-12 is currently at a depth of 613 metres and is also in progress.

"We are very pleased with these positive drill results at Cove because they clearly show that the dimensions of the Helen Zone's gold mineralization continues to expand. In addition, our understanding of the Helen Zone's geometry grows every day and we are well on track to validating our geological model. We are making consistent progress at Cove-McCoy and are excited about advancing this project. Of note, we have seen a remarkable improvement in the pace of drilling and therefore expect an increased flow of information from this project," said Chad Williams, President & CEO of Victoria Gold Corp.

Hilltop Drill Progress

Core drilling in hole HT-7 at Hilltop began on July 15, 2008 and has already reached a depth of over 853 metres. This probe hole has a targeted depth of approximately 975 metres. The target, below upper plate thrust sheets was defined using Victoria's structural systematics techniques.

New Website

Victoria has launched a new website that includes some new features and makes updated information more readily accessible to visitors. The website can be accessed at www.vitgoldcorp.com.

Analyst Coverage

On Tuesday, September 2, 2008 Craig Stanley of Blackmont Capital initiated coverage of Victoria's stock. The other analysts who cover the Company's stock are: Don Blyth of Paradigm Capital, Bart Jaworski of Raymond James and Paolo Lostritto of Wellington West Capital.

Cove-McCoy Background

Victoria is earning up to a 100% interest in the Cove-McCoy project through annual work commitments, such interest being subject to (i) a back-in right in favour of Newmont Mining Corporation for a 51% interest, or (ii) a US$1.5 million cash payment to Newmont and a maximum royalty of up to 5% (3.5 % to 5% including previous royalties) upon the delivery of a positive feasibility study completed by Victoria.

Hilltop Background

Victoria has a mining lease and sub-lease agreement with Newmont for the Hilltop-Slaven property in terms of which the Company is earning up to a 100% interest in the property by completing annual work commitments. The Company had until August 15, 2008 to complete the work commitments required for the current year and this has been fulfilled, subject to confirmation by Newmont. Newmont has a back-in right that it may exercise within 90 days after the delivery of a positive feasibility study. Should Newmont exercise this right the property will revert to a 51% Newmont/49% Victoria joint venture. To earn such a joint venture Newmont would be required to fund expenditures in an amount equal to 250% of the amount spent on the property by Victoria from the inception of the agreement. Should Newmont not exercise the joint venture option, the Company will deliver to Newmont a 3.5% net smelter return royalty.

About Victoria

Victoria aims to be a high growth, lower risk company focused on gold. The Company's strategy is to add value per share through efficient exploration, 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.

Quality Assurance/Quality Control

Victoria's core is transported from the drill site to the core logging/splitting area by a Company geologist. The core is logged, photographed and sawed in half. One-half of the core is shipped to Inspectorate Laboratory in Reno, Nevada. Each sample is analyzed for gold by fire assay with atomic absorption analysis finish. Every sample with greater than 3.0 grams per ton gold is re-assayed by fire assay with gravimetric analysis finish. The Company uses certified control standards, duplicates and coarse field blanks are randomly inserted into the sample stream to monitor the laboratory performance. Dr. Raul Madrid, Vice President, Exploration of the Company, directs the drilling and logging procedures at the Cove-McCoy Project and is responsible for the geologic interpretation.

The contents of this press release were reviewed by Nancy J. Wolverson, Independent Consulting Geologist and C.P. Geo. In addition to a recent site visit, she reviewed the analytical results and the QA/QC procedures in place at the facilities of the Company and the analytical laboratory. Ms. Wolverson is a Certified Professional Geologist (C.P. Geo.) through the American Institute of Professional Geologists (AIPG) and is a Qualified Person as defined in National Instrument 43-101.

On Behalf of Victoria Gold Corp.

Chad Williams, P. Eng, CEO, President & Director

Cautionary Language and Forward-Looking Statements - This press release contains "forward-looking statements" and "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performances of Victoria Resource Corporation, its subsidiaries and their respective projects, the future price of gold, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, capital, operating and exploration expenditures, costs and timing of future exploration, requirements for additional capital, government regulation of exploration, development and mining operations, environmental risks, reclamation and rehabilitation expenses, title disputes or claims, and limitations of insurance coverage. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "is expecting", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes", or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might", or "will" be taken, occur or be achieved. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans for the Company. Readers are cautioned that forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Victoria and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Although Victoria has attempted to identify statements containing important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this document based on the opinions and estimates of management on the date statements containing such forward looking information are made. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

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.