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 NickelOneon Oct 30, 2019 10:57pm

142 Views

Post# 30289850

RE:RE:So, 3 pours on video so far? I realize VIT NR'd (Oct 9)

phoenix_trader wrote: Management projections are for over 200k Au oz annual production and have given no contrary guidance.

Let's compare where we stand to Pretium which has a market cap of 7 times VIT, twice the debt and AISC at least $150/oz more than the few week old VIT projection.

Patience my friend, armchair analysis is fraught with problems.

Year 1 production guidance is only 142,000 oz. That means approximately 2,700 oz/week once they reach commercial production. Gold pours above 1,500 oz/week at current point in time would be considered decent. Anything below 1,500 oz/week spells trouble.

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