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 > Just an observation

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Comment by Bubula50on Jun 29, 2024 10:55am

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RE:RE:RE:RE:RE:RE:Just an observation

Stratocheif wrote: Unfortunately there are those who are closed minded and refuse to accept what they see, attacking others who express suspicions (and rightly so) that this is not a "serious incident that caused the company to prudently stop operations" but an end to mining operations due to a catastrophic failure the full extent of which has yet to be evaluated.
Did you read the initial statement from Victoria?.....some infrastructure has been damaged.
Did you look at the pictures?....the land slide is almost on top of the gold processing plant.
Did you read the report from the world authority on landslides?....there is a high probability of further landslide as the angle at the top is too steep to hold in place.

The mine wasn't shut down due to prudence. It was shut down because it can no longer operate and to send people in there to even try to restart operations would amount to a suicide mission

In light of what you have said

May I ask your opinion as to how you think this will pan out over the next 6 months ?

Do you think this is a downward spiral from here and absolutely no hope whatsoever ?

Thanks

Bubula

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