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 > Force margin players out by drive to <$5

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Comment by phoenix_traderon Feb 23, 2024 11:37am

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Post# 35895717

RE:RE:RE:RE:Force margin players out by drive to <$5

The tax losses available were worth more than the purchase price, the ore came for free. With Newmont's Coffee on the block and now not likely to get built for a decade or more will Yukon press YESAB to look more favourably on Brewery Creek.
The reason it was sold was YESAB's decision on a full ($ multi millions) review.
Jobs and tax revenue just fell off the table with Newmont's announcement.

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