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 > If qrtr. production DOWN 10% will AISC be UP 10%?????

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Comment by MVargason Oct 04, 2023 12:27pm

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RE:RE:If qrtr. production DOWN 10% will AISC be UP 10%?????

It is possible, perhaps even likely, that the crew that was evacuated had their 2-week shift cut short when they were evacuated and that the mobilization on resumption was the start on the next crew's regular shift. If so, there would have been no net additional evacuation costs.

Labour costs would have been down because you only get paid for hours worked.

Other operating costs would have also been down - fuel, electricity and camp costs. So any increase in AISC per ounce would probably have been minimal.

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