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.

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Victoria Gold Corp

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Comment by mephistopheles93on Feb 14, 2012 11:16pm

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Post# 19535361

RE: RE: RE: ALL GOOD BUT

Hi Blue Angel,

For me, the ideal situation would be to get the feasibility and permits in place, then push ahead with financing using as little dilution as possible. I would really like to see debt financing, and at $1700/ounce I wouldn't be against hedging 10--20% of production.On the other hand, if management is looking for a take out, then they will focus on drilling and proving up as many ounces as possible.

Brgds!

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