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 offshoreskeison Apr 09, 2013 9:48am

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Post# 21230332

No Chance VIT Mines Gold

Under a minimum of $2500 per ounce spot come 2015. All costs in will be near $1400 dolars per ounce to mine 1 ounce of gold by then. Dilution needed to get them anywhere close to production will see this low grade smallish deposit in the middle of nowhere at above a half billion shares outstanding with even less of a guarantee mining will actually commence anywhere near this timeframe.

A real time ending up holding the bag is more what's in store for fools rushing in buying up this turkey now.

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