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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

Post by Routanon Jul 18, 2024 3:48pm
177 Views
Post# 36138976

I think there is a very good of a restart.

I think there is a very good of a restart. Only 5% of heap left containment. They only use a 2% solution of cyanide. When exposed to sunlight has a very short half life and breaks down to a non toxic form quickly. So as the regulators said there is very little danger. It is not like most chemical which can hang around for years after a spill. It seems clear to me that everyone is just trying not to say the wrong thing. There is clear agreement that Victoria and the government need this to restart. Their economy needs this and the company has bills to pay. They need to get the heap leach pad operational. It won't take that long for the engineers to come up with a plan. They are already mandated to stabalize HLP and slumped material and have submitted a plan for the government approval. Look there is a lot of noise from speciai interest groups and the media over hyping this situation. I heard it mentioned today that they wished VG would give more updates on the progress they been making. You can understand legally why they are hesitant to put out too much news. The government has said more than once that VG is in charge of the site repairs and cleanup. They are removing any contamination from the water and will be increasing their capacity to treat all runoff over the next week or two. They mentioned they are pumping water through the leach pad already. Clean water is being released. This is not the disaster everyone is trying to make it out to be. Very fixable. 
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