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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 jjeeddoo7on Feb 23, 2016 10:08am
200 Views
Post# 24585122

NEED/Want

NEED/Want   material from the Shamrock Zone resulted in 89% and 93% recoveries. It is superior to Eagle as well as to Olive. Also Shamrock contains some higher grade gold mineralisation. For example hole DG10-377C intersected 30.5 meters grading 12.03 g/t gold. Hole DG11-455C intersected 3.05 meters grading 21.59 g/t gold and hole DG11-454Cintersected 38.06 meters grading 1.22 g/t gold.
                                                                             

These higher grade targets to be added to the resources to allow mine plan to be more robust right out of the gate...the bankers want to be assured they will be paid back sooner rather than later these days with mining companues.


Bullboard Posts