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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Comment by CommiePinkoon Feb 04, 2015 9:10pm

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Post# 23397501

RE:RE:VIT Under Accumulation

I would be dissapointed myself to see it go for less than $0.75 just saying thats about what I think they are worth based on current ounces in the ground. I would disagree about Olive, in my opinion there has been enough drilling and metalurgical work on Olive to know there is something of there that could be integrated with Eagle Gold.

If VIT is interested in going into production themselves, obviously after they come up with the financing that is.They have more than enough in proven & probable reserves to startup production now on Eagle Gold and any future exploration on Olive can be financed through cashflow. Spending more money on Olive at this point would only make sense if their sole intent was sell the company. Which I don't think is managements intent, but who knows they may have no choice in the matter.

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