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 31, 2019 6:58am

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Post# 30290479

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

Greatdaysahead wrote:
I understand the 142'000 oz/year (2730/week) as an average for the first year production... So it would mean smaller production the first months up to 4000 oz/week when reaching commercial production during the first year..

let's assume : production is at 4000/oz week from end March 2020, if currently at 1000/oz and increasing slowly but surely to 4000 at end March... then the first year prod. will be around 142'000 oz

As long as they reach a steady 4,000 oz/week by end of March 2020 they are in good shape. They will more than likely surprise us with some news by mid November. The news can be very positive (higher recoveries and year round stacking), which will take the SP to much higher levels. VIT will end the year above 60c/share if they deliver the goods. Gold price is going nowhere but up in the coming months as cracks in global economies are showing all over the place. There is only so much paper the markets can support...Gold will be the ultimate asset everybody would like to own.

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