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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

Comment by Greatdaysaheadon Jul 14, 2020 8:06am
174 Views
Post# 31264157

RE:2nd Half 2020 Gold Production expected to be 85,000-100,000

RE:2nd Half 2020 Gold Production expected to be 85,000-100,000

This gives us a clear path to full production. So by end of year, Victoria should be producing 200K/year with an AISC less than $1000, which should further decrease in 2021.Let's now wait for exploration results. Any positive result is going to be directly reflected in the share price.

But in the meantime, what value should we give now to Eagle ? In other terms, current price per share = Eagle deposit in production only or give already a premium for further deposits to be confirmed ?

 

 

 

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