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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


TSX:VGCX - Post by User

Bullboard Posts
Comment by NickelOneon Nov 01, 2019 8:34pm
97 Views
Post# 30299976

RE:Thoughts on early Mayo cold snap? My guess is it's

RE:Thoughts on early Mayo cold snap? My guess is it's
PulpCutter wrote:

not enough to shut things down, because the feed lines are a meter down.  But I admit to knowing next to nothing about it.

According to the 43-101, the planned shutdown is Jan/Feb/March; that is, when the weeks-long bone-deep cold really soaks into the ground.

I think VIT's shipping at least 2k ounces/week (or 2.4k ounces of 83% gold dore/week), and so is at least cash-flow neutral right now.  More definitive data would be great.



The current temperatures are very much normal for this time of the year. This is not cold weather, anything below -20C is normal for this time of the year. Nothing to worry about! They are not getting a lot of snow either, which is good as they don't have to spend extra money on snow clearing. Ideal temperatures for open pit operation and ore stacking. The buried drip lines combined with steam heating of solution would work just fine. Keep on pushing ore on the pad and everything should be just fine.

No way they are pushing 2k/oz week. They are still long ways from being cash flow neutral. 

GLTA

Bullboard Posts