GREY:VITFF - Post by User
Comment by
Frankyboyon Nov 22, 2016 8:46am
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Post# 25494130
RE:RE:Last drill results for 2016 are out
RE:RE:Last drill results for 2016 are out On the contrary, these are very good results when we know Victoria Gold. This mine is not high grade gold and everyone here should know that. Despite this it will be a very economic mine.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle and Olive Gold Deposits. The Eagle Gold Complex is expected to be Yukon's next operating gold mine and includes Proven and Probable Reserves of 2.7 million ounces of gold from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne, as outlined in a National Instrument 43-101 feasibility study.