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.

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Victoria Gold Corp > What happend?

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Comment by hcahoonon Aug 17, 2022 6:37pm

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Post# 34903480

RE:RE:RE:What happend?

Victoria does not have to pay that amount up front.

They get a Bond Company to guarantee the amount of reclamation. It's not insurance but Victoria does pay the Bond Company a premium. When there is a claim against the Bond, the Bond Company is required to pay the amount claimed and then they(Bond Company) have the legal right to get the funds back from Victoria.

h

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