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 > My two cents

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Comment by rkhoslaon Jul 06, 2024 1:22am

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Post# 36120877

RE:My two cents

You are right about everything here EXCEPT that Victoria Gold will be at the helm of hoped for rebirth. There is absolutely no chance (and no reason) that they will or should be given a second chance at this.

Research67 wrote:
Seems logical that the best option for this deposit, employer, employee, debt holders and share holders is a situation where Victoria gold procures funding to repair the existing pad (short term) and build another, to enable stability for the long haul. Bankruptcy helps no one, the employees, debt holders, Yukon economy, all loose and I really don’t see someone else coming in to this PR nightmare, even at a rock bottom discount. There is too much infrastructure in place. The provincial and federal governments have bailed out the big 3 in the past as well as many others, this is no different, when you take into account the significance of this employer on the economy of the Yukon. Mining in Canada should reflect the values of a nation. Victoria should be a success story, not the end of a tail!!!

All parties involved must lead, not concede.

Appreciate all the posts and passion displayed here since the incident

Respectfully