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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 hcahoonon Sep 05, 2023 6:55pm
137 Views
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
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