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Victoria Gold Corp T.VGCX


Primary Symbol: VITFF

Metals & Mining Gold
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.


PINL:VITFF - Post by User

Victoria Gold Corp > AGM Meeting Minutes
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Comment by Greatdaysaheadon May 12, 2023 9:13am
82 Views
Post# 35445067

RE:RE:RE:RE:RE:RE:RE:RE:AGM Meeting Minutes

RE:RE:RE:RE:RE:RE:RE:RE:AGM Meeting Minutes

What I know is that they added some fwd sales (see point 13 in FS)

40500 oz sold @ 1887 USD / 4500/month

7500 oz sold @ 1982 UDS / 2500 months Jan to March 2024

As at March 31, 2023, the Company has gold forward contracts for a total of 48,000 ounces of gold at a weighted average price of US$1,902 per ounce with expiry dates ranging from April 2023 through to March 2024.
7.3M CAD los booked based on spot at 1970 USD and CAD 1.3533 (I am unable to find how they calculate this for the gold forwards !!!)
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