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Victoria Gold Corp 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.


GREY:VITFF - Post by User

Post by m8magicon Jul 04, 2024 10:17pm
227 Views
Post# 36119074

so

so
the contractors that take over the clean up will be paid from the 110 million dollar bond that is in place that gets used after Victoria Gold declares insolvency....the assets sold pay the folks who are in the process of initiating all the court proceeding from the trustee that gets appointed..
 
0
 
 The private contractors are all ready on site with millions of dollars in new equipment so it makes sense to use them for the remediation process and or clean up. Bottom line folks is if any savior comes along they will be buying the mine from a trustee for pennies on the dollars....they aint gonna make any deal with Vicgold...
 

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