Victoria Gold Corp 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.

GREY:VITFF - Post by User

Victoria Gold Corp

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Comment by cigarsailoron Nov 25, 2010 12:12pm

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Post# 17757088

RE: kinross or Newmont

I agree that Kinross may make a run at VIT eventually - but not in 2011. The CAPEX requirements for the Red Back properties that are necessay in 2011 and 2012 may limit their acquisitions for the short term. I think they are quite willing to let Victoria do the work for awhile. I also don't believe Chad is quite ready to hand off VIT yet. VIT has a share price potential far higher than what would be received by a near-term takeover. Majors aren't shopping for 'bargains' - they are shopping for minable reserves they can fast track to production and VIT will be a far more attractive target once it gets more ounces in the proven, probable, measured and indicated status.

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