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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
Post by rgrieveon Apr 08, 2013 6:06pm
404 Views
Post# 21227856

Great News!!!

Great News!!!

I had the feeling that something was going on. The fact that the recomendation for approval "without review" was issued on Feb 19th and nothing was heard until now indicated to me that there were some sticking points. They've been having meetings all during March with First Tribal people and others and finally the Yukon government has issued an "Unconsolidated Approval". This means they will have to get the other agencies to sign off. It could take some time but the bottom line is that Victoria has its approval.

 

This means they can move forward and that is a huge positive. They should be able to move ahead with financing conditional on the remaing details being resolved and begin construction this year.

 

GREAT NEWS/ GLTA LONGS

Bullboard Posts