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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

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.


TSX:VGCX - Post by User

Comment by Dragunovon Jul 04, 2024 6:32pm
182 Views
Post# 36118891

RE:Just an observation

RE:Just an observation
Dragunov wrote: I'm not an investor but find this situation interesting. Based on an article shared here...

(https://www.northernminer.com/news/victoria-gold-charged-after-second-landslide-at-eagle-mine-this-year/1003869073/)

... the situation on site is unclear:

"Investigators have yet to determine the full extent of the damage at Eagle. At the media briefing, they couldn’t say how much contaminated water from the landslide is being contained, how much contaminated water was released and how much cyanide was in the HLP ore at the time of the accident. It’s also unclear how much, if any, contaminated water escaped the property."

I don't know what the truth is about this incident, but I do know for certain that the sort of entitled people present in that region are quite greedy and prone to making loud and false accusations in order to get more $$ for nothing. These massive polluters don't care about the environment,  but they will protest and whine like no other group... Since the corrupt government is all too happy to appease these freeloaders, I wouldn't expect a quick, fair, or reasonable outcome.

I wouldn't be surprised if some local freeloading crows dumped cyanide in the water in order to go on CBC and whine about contamination of their "ancestral land"... They're definitely donning their feathers and polishing their drums as we speak in order to extort casino and liquor stores money.
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