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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.


PINL:VITFF - Post by User

Victoria Gold Corp
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Comment by rgrieveon Feb 09, 2012 11:01am
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Post# 19509169

RE: BFS Delays Due to Later Cut Off Date?

RE: BFS Delays Due to Later Cut Off Date?

Tom, I agree with you and would add the following:

  • Delaying the study date to include recent drilling adds to the metrics and makes it a larger sample. (better data)
  • A delay also moves the time frame forward and makes it more relevant to current events in markets.
  • Moving the study period forward takes us further away from the 2008/2009 market when conditions were chaotic. (again, better data and more favorable)
  • Price of Gold is in an uptrend and appears ready to move much higher this year.
  • All of these things are incredibly important as the company moves forward in one of the most pivotal phases of development at Eagle/Dublin Gulch. 

I think we will see the BFS released in March at around the time of the PDAC convention. I also think we will be pleased with the results.

GLTA/rg

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