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Victoria Gold Corp VITFF

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

Bullboard Posts
Post by rgrieveon Apr 08, 2013 6:06pm
406 Views
Post# 21227856

Great News!!!

Great News!!!

I had the feeling that something was going on. The fact that the recomendation for approval "without review" was issued on Feb 19th and nothing was heard until now indicated to me that there were some sticking points. They've been having meetings all during March with First Tribal people and others and finally the Yukon government has issued an "Unconsolidated Approval". This means they will have to get the other agencies to sign off. It could take some time but the bottom line is that Victoria has its approval.

 

This means they can move forward and that is a huge positive. They should be able to move ahead with financing conditional on the remaing details being resolved and begin construction this year.

 

GREAT NEWS/ GLTA LONGS

Bullboard Posts