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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 HoneyBadger77on Oct 05, 2022 12:08am
171 Views
Post# 35005875

RE:q3

RE:q3This (from Page 1-13 and 1-14 of the 2019 Technical Report) might help explain things:


1.10.1.1.1 ROM Ore
ROM ore (less than 0.30 g/t but above the cut-off grade of 0.15 g/t) will be sent directly from the Eagle pit to the primary HLP during the stacking months, and to the ore stockpile during the stockpiling months (January to March). The ROM ore will be reclaimed from the stockpile using a loader and trucks and taken to the primary HLP. The ROM ore will be segregated from the crushed ore but will be placed within the overall primary HLP.

 
EAGLE GOLD MINE
TECHNICAL REPORT
Prepared by JDS ENERGY & MINING INC.
For VICTORIA GOLD CORP.


q3
These guys are bad news.  Only now do we find out they bypassed the crushers for a third of the ore mined in q3 last year.  Did I miss something, or did they just not tell us? Can you imagine putting the blasted rock directly on to the leach pad?  Oh boy.  Q3 this year has a million tons less ore mined and therefore stacked, than q3 last year.  This has nothing to do with the conveyor breakage. This must be the reason the shares have sold off so much. Insiders know that the operation is stumbling around in the dark without a clue.  I guess the reason must be incompetent, lazy , or no-show workers and managers. I don't see how they can talk about 250k ounces when 200k is a distant dream.

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