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.

TSX:VGCX - Post by User

Victoria Gold Corp

Bullboard Posts

Post by NickelOneon Apr 02, 2020 10:54pm

210 Views

Post# 30874504

VGCX will also benefit from low LIBOR rate

It is not just the low oil price and low Canadian dollar that would benefit Victoria Gold.

The lower LIBOR rate will also have a positive impact on debt payments (LIBOR rates chart link: https://www.macrotrends.net/2515/1-year-libor-rate-historical-chart).

Lots of people with mining experience looking for work - Victoria is agressively trying to hire Yukoners, which will have a very positive impact on local economy.

They have to start working in increasing tonnage and increase gold production to take advantage of the favorable conditions for their operation.

GLTA

Bullboard Posts

Explorer's gold standard team presents a ground floor opportunity