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 > Mount Polley

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Comment by RatPatrolon Jun 26, 2024 2:19pm

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Post# 36107469

RE:RE: Mount Polley

I see a couple of differences between Imperial Metals' Mount Polley situation and this one.

1) Tailings dams are manmade structures; this may - and I emphasize MAY - be naturally caused.
Big difference in terms of insurance, liability, etc.

2) In order to pay for damages, Imperial sold 70% of its highly - valued Red Chris deposit to Newcrest.
Newcrest had the mining experience (block caving) to make Red Chris profitable right away.

SSR appears to be a closer comparison to Victoria Gold IMO.
But we are back to this single mine risk; no big offset.

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Advancing flagship Ishkõday Gold Project in Ontario