Victoria Gold Corp T.VGCX

Alternate Symbol(s): VITFF

Metals & Mining Gold

Victoria Gold Corp. is a Canada-based gold mining company. The Company is engaged in the operation, exploration and acquisition of mineral properties. Its flagship asset is its 100% owned Dublin Gulch property, which includes the Eagle Gold Deposit, the Olive Deposit, Raven Gold Deposit, the Wolf Tungsten Deposit, the Potato Hills Trend, including the Nugget, Lynx, Popeye, Rex-Peso, East Potato Hills, Eagle West, Falcon, as well as other targets. The Dublin Gulch Project is situated in central Yukon, Canada, approximately 375 kilometers north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers, is accessible by road year-round and is powered by the Yukon energy grid. The Eagle and Olive deposits include probable reserves of approximately 3.3 million ounces of gold from 155 million tons of ore with a grade of 0.65 grams of gold per ton. It also holds Brewery Creek property, as well as the Gold Dome and Grew Creek exploration properties.

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Victoria Gold Corp

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Comment by rgrieveon Mar 18, 2012 3:20pm

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Post# 19687185

RE: RE: RE: Why VIT is Under Performing - What to

One thing we have to keep in mind is that the debt portion of financing is the biggest part of the puzzle and no lender is going to advance funds without the full package having been worked out. They are after all lenders, not equity partners. In fact, they would probably demand that equity funds and monetized asset funds be escrowed or used first before any of loan money is advanced.

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How a junior advances one of the largest undeveloped diamond projects