RE:RE:RE:RE:RE:Gold priceYes but I think with year -round stacking VGCX will increase their production to offset the hedge
Victoria Gold
STRENGTHS
Commercial production Q2 2020
Average annual production of +210,000 oz/year at AISC cost of <US$800/oz Life of Mine
• Open pit 1:1 strip ratio
• Heap Leach 76% recovery
Canadian Producer
• Safe jurisdiction
• First Nation Agreement
• Gold price at C$ all time high
• ~70% of costs are C$
Graduated to TSX, symbol VGCX
OPPORTUNITIES
Potential to increase production with
year-round stacking
Deep drilling has shown
mineralization extends to +650m
Priority exploration targets
• Nugget-Raven, Lynx, Bluto, and Olive-Shamrock
• $10.3M 2020 budget approved
Victoria Gold is an attractive takeover target