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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 valuekingon Sep 09, 2011 7:25am
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Post# 19025505

RE: RE: RE: RE: RE: financing

RE: RE: RE: RE: RE: financing If  recall correctlyprefeas shows 170k oz production at cash cost of 500/oz.  assuming1500/oz gold prices thats 170mill per year in cash flows.  Capex is280mill so less than 2 yr payback is attractive enough to get financingfairly easily

It will be interesting to see what the new estimates are that come out of the bankable feasibility later this year, could see some upside to the # of oz of production
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities