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Victoria Gold Corp VITFF

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

Comment by phoenix_traderon Jan 10, 2022 4:06pm
199 Views
Post# 34301168

RE:RE:RE:RE:RE:RE:RE:VGCX amends credit facilities, reducing interest rates

RE:RE:RE:RE:RE:RE:RE:VGCX amends credit facilities, reducing interest ratesRe buying the rest of BYN, I think permitting is going to be the driving factor. If Raven is a two year permitting process riding off the Eagle permits then no rush for Banyan. Dedicate cash flow and management time to the Raven build. If Raven is going to be a three year+ permit process then buy Banyan now and let each projects economics determine which goes first.

Anyway you look at it it is a win for both. 

The bank financing PR today is a real plus. The renewal likely followed an engineers review of mine performance which had to be positive for the term adjustments announced. This suggests bank cash will be available for the Raven build which I think will be a minimum $20 mill saving over the alternative.

Bring on Raven drill results and PEA please.



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