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 jmlguyon Apr 10, 2012 5:44pm

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Post# 19777967

The important points.

1."SRK concludes that the Eagle Gold deposit database is sufficiently well defined,

documented, and verified, to allow for use in resource estimation and for definition of

reserves in a feasibility study". 2. Payback in 3.1 years 3. Should gold go to $1900 oz, the payback period is 1.8 years. Bottom line is that Victoria is well-worth owning, holding for a few years and perhaps cashing out with a 7 times return. Should continued drilling enhance the reserves, a $2.00 target would be increased geometrically.

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