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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

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.


TSX:VGCX - Post by User

Bullboard Posts
Comment by rgrieveon Apr 15, 2012 11:18am
347 Views
Post# 19796000

RE: Barrick drills on the Mill Canyon border

RE: Barrick drills on the Mill Canyon border

It may be speculation on your part, but it raises all sorts of possibilities. If Mill is as valuable as the Barrick Geo suggests then it brings them into the Victoria picture not only as a buyer of the Mill Canyon property but why not a buyer or partner in the Eagle/Dublin Gulch project.

 

This could set up a bidding contest between Barrick and Kinross. It may be why the Victoria people seem so confident. Their behavior in loading up on shares and the tone of their recent remarks sure smells like a player holding a hand full of Aces. Barrick would be the elephant in the room in the contest but Kinross being involved should insure a reasonably fair deal.

 

Things should get interesting real soon. The rapid sale of the Relief and Cove properties indicates things are moving quickly.

Bullboard Posts