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 > It seems like...

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Comment by MVargason Oct 05, 2022 4:02pm

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Post# 35007664

RE:RE:RE:RE:It seems like...

HoneyBadger77 wrote:

Let's roll ahead to 2022-2023 and what do you think it would cost to build this same mine today with today's high inflation, soaring fuel costs, significantly increased interest rates, the world in the midst of a pandemic, the world on the cusp of WW3, supply chain issues, and a significantly reduced labour force, just to mention the obvious? Why would an acquirer even think about building a mine when they can just buy one already in production with positive net earnings and significant free cash flow?

All very good reasons not to invest in a low-grade mine like Banyan.

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