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Bullboard - Stock Discussion Forum 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... see more

TSX:VGCX - Post Discussion

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Post by Research67 on Apr 05, 2023 10:17am

Q2

Pryor to Q1 2023, the best Q1 stacking was 0.9 million tonnes at 0.87 gpt.

This quarter Victoria stacked 2.1 million tonnes at 0.86gpt, more than doubling its best ever first quarter production.

This bodes extremely well for Q2 production!!

On top of that AISC and yearly production are on pace for their best year ever. 

Like Keg says, no time to celebrate, a quick chest bump and back to work for 3 more quarters!

Comment by OCB1234 on Apr 05, 2023 11:17am
I couldn't agree more, Research! Early returns from the market seem to indicate it thinks Eagle is back on track. Now just 'show me the production' one quarter at a time. Oh, and by the way, when are we going to see the amended Raven Technical Report???
Comment by Goldmann2020202 on Apr 05, 2023 2:10pm
I expect Raven update this week?
Comment by MVargas on Apr 05, 2023 3:36pm
Research67, I competey agree.  To me the most important production number is the number of ounces stacked on the HLP in the quarter.  In Q1 that number was 2,100,000 x 0.86/31.1 x 76% = 44,134 oz. So more ounces were stacked than were produced.   A comment in the NR is relevent - gold production "was impacted by lower than planned stacking rates in Q4" ...more  
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