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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 HuskySWon Jul 24, 2024 9:12am
125 Views
Post# 36145874

Victoria Gold pleaded guilty to six charges in Yukon 2023

Victoria Gold pleaded guilty to six charges in Yukon 2023my opinion only

I would bet there are people in YTG & EMR & water board that got into to major fracuses with VG in the past.

Richard Buchan, the board's lawyer, told the court Friday the company needs to pony up and pay, adding Victoria Gold has breached its water licence for years by, in part, not providing required information needed to assess and calculate security instalments.

https://www.cbc.ca/news/canada/north/yukon-victoria-gold-security-water-board-1.6573789

"Victoria Gold pleaded guilty to six charges in Yukon Territorial Court.

The Victoria Gold Corp. has been fined $95,000 after pleading guilty to violating some of its licence conditions at the Eagle gold mine near Mayo, Yukon.

The company was charged by the territorial government in June.

The company was accused of failing to maintain minimum water storage requirements at the mine site. The government alleged Victoria Gold stored more water in its heap leach facility than its licence allows. It also said Victoria Gold failed to report the amount of water it transferred every month."

It appears the HLF issue was ongoing

https://www.cbc.ca/news/canada/north/victoria-gold-mining-licences-1.6981657

best
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