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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 Whateverrron Jul 09, 2022 1:52am
160 Views
Post# 34812528

RE:RE:RE:RE:Reclamation review

RE:RE:RE:RE:Reclamation reviewUmmm,  it is SUPER BAD, regardless of some immediate or not immediate share price action. 
$74 million has to be allocated by Sept 15th. 
VG declined to meet with regulators earlier in the year. 
You should go read the entire report. 

Here is just a small snippet for some reporting...does it sound like just crossing some "t's" and dotting some "i's"   
NO it doesn't.

"The board also found the company non-compliant with their

water licence in that the re-contouring plans for the

heap leach facility and waste rock storage areas

were not submitted as requested, and

that they had given the company several years to provide them.

It appears that the board is “extremely concerned”

about the lack of studies regarding the contour

of the slopes and designated snow removal locations.


 


Swingandmiss wrote:

It must not be as bad as it seems or the stock would be getting killed today. 


Thoughts?



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