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 > Reality check

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Post by Zibo510on Jul 18, 2024 10:27am

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Post# 36138269

Reality check

"Yukon mines minister John Streicker announced that the Department of Energy, Mines and Resources has directed Victoria Gold to stabilize the area where the slide occurred"

It's been over 3 weeks since the slide and work to stabilize the slide hasn't begun.

That indicates how complex approaching stabilizing the pad is, and developing a plan to deal with it.

Once a plan is approved how long will this work take, not weeks that's a given.

With cold weather a couple of months away once the pad is considered safe it's unlikely any further work other than environmental remediation will be undertaken until spring.

How long can VG hang on with zero revenue?

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