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 > The big question is how saturated was the heap

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Comment by HuskySWon Jul 10, 2024 10:41am

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Post# 36126235

RE:RE:RE:RE:The big question is how saturated was the heap

There are a lot more ppl involved that YTG.
Possibly the mine will shutter for a term if it follows numerous others in recent history.

For long term remediation and monitoring?
Bankruptcy and return to YTG or the Fed's after company funds are exhausted?
Basically will follow all other mines in the Yukon that have been shuttered for one reason or another.

First VG needs to get the pollution component under control to de-risk that part of the investment. Then additional funding will be required to eventually restart or it's "tilt".

Best

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