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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.


GREY:VITFF - Post by User

Victoria Gold Corp > Artemis Phase 2 NPV released, can VGCX do the same.
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Comment by DonaldDDukcon Feb 28, 2024 9:48am
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Post# 35903551

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Artemis Phase 2 NPV released, can VGCX do the same.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Artemis Phase 2 NPV released, can VGCX do the same.200koz is impossible. only on theory

The feed to HLF varries from days. On a good day, we can get 40,000 tonnes -30,000 tonnes. On shitty days you get 20,000. The ore grade varries between 1.2 -0.3 ppm

We take one days off each week for maintenance
so in one year you will have 300 running days. 
300 days*40,000 tonnes*1 ppm Au * Recovery Rate@70% /31= 270 thousandOz
That means we are very good boys
Then if you are all alcoholics and idiots?
We lost 30 days of crushing due to mechanical problem or other stupidity
Sometimes we cannot get 40000, it might even out to 30,000
Ore grade can get as low as 0.8ppm or 0.6ppm
Then 
270*30000*0.8*0.7/31=146koz
That is so much lower than 270 koz

That is the difference! 146 really sucks. When the management sell their 250oz story. it is not impossible



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