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 > Unknowns

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Comment by BigJakeon Sep 15, 2023 10:36am

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Post# 35638178

RE:Unknowns

BigJake wrote: The total price of the deal is 13.5 million
Initial installment is 1.5 million cash and 7 million in cash or shares, if shares ( at what value)

The remaining 5 million in two installments of cash or shares (again at what value and what is the time frame for the final two installments)

Looks like they didn't overpay, just don't know all of details yet, so real cost is unknown

Thanks Greatdays for the info, most that could be in shares now is 4 million and that is 2 years away at hopefully a much higher shareprice

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