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 > Did anyone on this board attend this gig?

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Comment by Whateverrron Jan 12, 2023 9:52pm

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RE:RE:RE:RE:RE:RE:Did anyone on this board attend this gig?

The current Lynx drill results will get 'suitors pretty excited' ????? Umm, no. Any reasonable takeover entity would want to see far far more in the drilling catalog. Holy Moley. They STILL need to get the Eagle mine working remotely close to studies, reliability under control, costs lowered by a LOT, prove up more LOM at Eagle, etc etc but you already have them building a 2nd mine based on a few holes, LMAO. The cost to mine this past year/qtr must not be good as they have put off the conference call until the end of the qtr. Ole John Mc hiding his report card unwilling to show his parents until forced.

I can't imagine what a 2nd mine would cost TODAY with inflationary dollars, Eagle was way over budget. A 2nd mine similar would cost $500m or $750m or more ? If built in 5 years at its earliest what is the cost then? They can't get enough quality caliber employees and management now at Eagle, how do they get that for an entirely 2nd similar sized mine or even 1/2 sized ?

OCB1234 wrote: kegger - With the proximity of Lynx to Raven, a second mine is more likely than ore being trucked from Raven to Eagle should VGCX decide to go it alone. Either way, the latest drill results @ Lynx should get an eventual suitor pretty excited about the overall potential of the Dublin Gulch package.

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