GREY:VITFF - Post by User
Comment by
fasttrack5on Jul 27, 2020 6:20pm
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Post# 31327311
RE:In It To Win It
RE:In It To Win Itfasttrack5 wrote: Anyone invested in the gold market and miners exploitation or producers are making money for sure. Its been a wait, however well worth it.
Havin fun Fast. Lol spelling
Exploration Victoria Gold
STRENGTHS
Commercial production achieved
Average annual production of +210,000 oz/year at AISC cost of <US$800/oz Life of Mine
OPPORTUNITIES
Potential to increase production with year- round stacking
Deep drilling has shown mineralization extends to +650m
Priority exploration targets
• Nugget-Raven & Lynx,
• $6M 2020 underway
Victoria Gold is an attractive takeover target Re-financing of debt
US Listing
• Open pit
• Heap Leach
1:1 strip ratio 76% recovery
Canadian Producer
• Safe jurisdiction
• First Nation Agreement
• Gold price at C$ all time high
• ~70% of costs are C$
$23M Financing – COVID Reserve Fund
Happy days are here again.