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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Post by momyoon Feb 16, 2012 2:55am

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Post# 19541375

placer

I'm still thinking there might be placer potential at the Eagle deposit.

International Tower Hill in Alaska is looking at this as a quick and cheap way to start earning some revenue. They are in a similar situation, trying to figure out how to finance construction of a hard rock mine.

https://thedailygold.com/podcasts/international-tower-hill-mines-2-9/?p=14214/

Some placer revenue would be real boost for VIT, too. Given the region Eagle is in, I think it's a real possibility and I'd bet VIT is considering it. Though as shaitan noted, it would require new studies and permits. Maybe we'll read about this in the BFS.

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