GREY:VITFF - Post by User
Comment by
hcahoonon Sep 05, 2023 6:55pm
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Post# 35620876
RE:RE:RE:RE:RE:RE:RE:At what point with this little volume
RE:RE:RE:RE:RE:RE:RE:At what point with this little volumeBarringtondolby
On the website:
"Exploration at Victoria’s Dublin Gulch Property has
extended the depth of the deposit an additional
500m and along strike for 500m. In 2022, an initial
resource* of 1.1 million ounces gold at 1.7 g/t Au,
was announced at the Raven Deposit".
It should be noted that Raven is likely 3 to 4 times that of the initial resource. This plus theres a 'plan' to truck from the Nugget site (although appears not to be a priority at this time), I believe, could potentially extend the Company's mine life near 40 years. Not to mention other idenified target on the overall property. John has referred to this in some of his interviews.
Also this does not include what could come out of the investment or take over of Banyan Gold (who knows that answer).
I'm not trying to read the future so, time will tell. I believe it is likely that Victoria Gold will be in busines for years to come.
h