Santa Fe property and Barrick GoldBarrick is familiar with Santa Fe property - a good reason for them to take a close look at VIT.
Good exploration potential in safe jurisdictions is rare.
As of today this property adds zero value to VIT shareholders, making VIT a cheap takeover target.
The current focus is on Yukon and Eagle, but they could be drilling Santa Fe during the winter months, when drilling in Yukon is not an option. VIT has a VP of exploration, he should be showing some initiative and get some traction on this 1,670 square kilometers property.
Drilling results dating back to 2009 - 2010 indicate the potential for an open pit mine. An aggressive exploration program can generate a signifficant NI 43-101 in less than a year and increase the market value for VIT by a large margin.
https://www.vitgoldcorp.com/news/victoria-hits-another-wide-gold-intercept-at-santa-fe-284-m-grading-2.50-g-t-1/
https://www.vitgoldcorp.com/news/victoria-gold-corp-reports-another-exceptional-gold-intersection-from-the-santa-fe-project/
GLTA