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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 Routanon Jul 18, 2024 7:56pm
72 Views
Post# 36139347

RE:RE:I think there is a very good of a restart.

RE:RE:I think there is a very good of a restart. They have money. It will not cost much to move the slump around the TOE (base).The pumps and piping are located there. Make the repairs after HLP is stabilized which their plans have been sent for approval. Get that circulation going again as there are millions of dollars already stacked (80,000 oz.) They also have 30 mil in cash as of last quarter. At least 50,000 ounces produced 2nd quarter. Lenders will work wi them or they will only get pennies on the dollar. They have everything to lose. Believe they do not want this to not restart because that means as new owners they take on all the liability. Of course they will help  as needed. Delay payments etc. 
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