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.

GREY:VITFF - Post by User

Victoria Gold Corp > Did anyone on this board attend this gig?

<< Previous

Bullboard Posts

Next >>

Comment by hcahoonon Jan 07, 2023 12:49pm

190 Views

Post# 35208808

RE:Did anyone on this board attend this gig?

I've offen wondered how VIT was planning on replacing the ore the Company needed to remain viable in the future. A mine must replace ore otherwise it will simply run out and cease to be a mine. And the value of the shares would decline each year as a result of the approching end of the mine. Perhaps others new of the plan but this is the first I've heard of it. It was always understood there was more ore at depth at Eagle and although I knew about Olive, I did not realize VIT had an actual plan to truck the ore to eagle from Olive. After reviewing the extension project presentation, it appears to be a well developed plan. The plan looks feasible on paper but questions will arise about financing as this is usually the bottom line for the success of any project. Have to admit I'm a little encouraged.
h

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario