Notes from recent conversation with Chad Williams:

According to Chad Williams, Victoria Resources should SOON have a press release. Understandably, the potential date and information was not revealed due to selective disclosure rules.

Victoria Resources will be changing its name to Victoria Gold – this new name will be more reflective of the type of business they are in. When the name change is made, investors will now be able to find a link to this company by simply inserting the name “Gold/Gold Stocks” under “Search” @ Yahoo or Google. This name change illustrates the fact that Victoria’s management is focused on innovative ideas that are designed to improve public awareness of this company – its investment opportunities – and ultimately increase shareholder value.

One of Victoria’s current top corporate objectives is to get a third rig drilling with a crew that is experienced with difficult drilling problems that are common in deep drilling – an issue that is common to the mining industry and is not unique to Victoria. Another current top priority for Victoria Resources is to substantially improve their web site – see comments below:

Improving Victoria’s web site is another example how this company intends to enhance its marketing efforts to increase public awareness of its investment opportunities and increase shareholder value. A prototype for the up-dated web site has already been created, but it still needs some finishing touches before it is launched. Chad mentioned that he would be disappointed if the new face lift to Victoria’s web site wasn’t completed and fully operationally by the end of August. Listed below are some of the potential changes we might see in the coming months:

1. We could see a blogging section on their web site that will enable an interaction between investors and management. This would be a positive development that would enhance information flow – something that most Victoria shareholders believe is vital in supporting shareholder’s value. Getting direct feedback from management without a personal phone call – which is very difficult at times –is a vast improvement in improving communication with existing and potential shareholders.

2. To more clearly illustrate Victoria’s unique structure analysis for their drilling prospects, like the Helen Zone at Cove McCoy, we could see significant new 3D Modeling. Better illustrations will enable investors to have a better understanding and appreciation of Raul Madrid’s methodology of identifying drilling targets that have the potential of producing 2 million ounces of gold per year or more. The better the investment public is informed, the greater probability they will recognize the value of our stock, and eventually bid up its price.

3. Investors want to know who is recommending the purchase of Victoria Resources. Having this information at hand accomplishes three things: First of all, investors will know that Victoria has high “Brandness” and that there are informed analysts that cover and recommend the purchase of this stock; secondly, the investment public will know where they can obtain an informed opinion on their stock; and thirdly, the analyst doing the reports will obtain free marketing for their services. I discussed these issues with Chad Williams, and he had no disagreement with my analysis. Hopefully, Chad will include my suggestions and provide the list of analysts who have produced research reports on Victoria’s web site.

4. You don’t want to irritate existing or potential shareholders by not having your property reports on your web site current and dated. Not posting a date on a property report can result in misconceptions as to whether the report is up-to-date. The Black Canyon report on the web site is a perfect example. The report reads as if drilling will start in October 2008, but the report was last updated prior to October 2007. This report is outdated and doesn’t reflect currently drilling plans. I discussed these issues with Chad and he seemed to recognize some of the potential problems. Hopefully with this newfound insight, Chad will implement a policy of dating the property reports as well as providing any current property updates.

5. Investors should also get periodic updates as to Victoria’s marketing efforts completed, as well as those that they have planned for the future. According to Chad, they have pretty much completed their analyst’s meetings that they had on their marketing calendar – at least until later in the year – possibly until October. At that time they may consider expanding their marketing effort to the West Coast, New York, and possibly revisiting some of the European contacts. Chad and Raul have been very active for the last nine months putting together many analyst’s meetings and field trips out to their properties. The company’s web site should include this type of information - marketing efforts they have already completed this year as well as upcoming marketing plans. If this information was made available on Victoria’s web site, the public would be cognizant of the fact that Victoria is “well branded”, and that they are in fact doing the things necessary to improve stockholder value.

The important thing to recognize is the fact that management is well aware of their shortcomings relating to their web site, drilling issues, and the flow of information flow made available to the investment public. In the months to come, I am confident that management will implement many of the strategies listed above, as well as other strategies not mentioned here.