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 > «Yukon First Nation calls for halt of mining on its land🇨🇦

<< Previous

Bullboard Posts

Next >>

Comment by nincompoopon Jul 03, 2024 7:27pm

122 Views

Post# 36117344

RE:RE:RE:RE:«Yukon First Nation calls for halt of mining on its land🇨🇦

There is no point anyone on here trying to state that this event was anything less that a catastrophe. It may be they didn't actually pollute local streams with cyanide, this time...or maybe they did...but a 1500 yard long 370 yard wide landslide is without doubt a catastrophe. It was pure luck that there wasn't multiple fatalities.
Given the seriousness of the failure, I find it inconcievable that they won't be forced to remove all the remaining ore still on the pad so as to fully inspect and or replace at least the liner...a massive undertaking. Victoria apparently followed the build spec, but still it failed, so the new spec will have to be far more robust, not with just a few cobbled together temporary dams. It will be insisted that the new design spec will need to be failsafe, and that process will cost huge amounts.
I fully understand why those sitting on large loses are desperate for this to be turned around, if I hadn't bailed out, taking a beating, I'd be just the same. For all your sakes I hope I'm proved wrong, But I've made my choice, and from my perspective I'm going to stick with it.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale