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 NickelOneon Feb 13, 2018 10:43pm

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Post# 27555159

Gold price and Eagle IRR

By the time construction is completed and VIT starts producing, the gold price is going to be well over $1400/oz. Post tax IRR of +37% @ $1,400/oz is very attractive and project financing should be closed soon at attractive terms. Anything over 30% post tax IRR in stable jurisdiction (with a lot of upside potential) is a rare investment. Gold is going nowhere but up from here and VIT will be "hot" soon...

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