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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 Greatdaysaheadon Jul 05, 2023 10:40am
100 Views
Post# 35527249

RE:RE:RE:RE:My Outlook for 2023

RE:RE:RE:RE:My Outlook for 2023

They stated a long time ago that they will report production on a quarterly basis.

Regarding AISC, you will have it in the 2Q financial statements which will be released in August if I am correct.

I am fine with quarterly release at this stage. Regarding AICS, last 16th June interview with Soar Financials gives some clue about the cost centers to closely watch to estimate where it is headed :

30% of the charges are fuel related. Second cost center is the wages.
Note that with increased production, AISC goes naturally down.
As per the interview, 1Q AISC was 1420 and they are on track for meeting the 2023 AISC guidance.

If production is in the high range of the guidance, AISC will be in the low range (1350-1400 for the year)

 

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