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.

GREY:VITFF - Post by User

Victoria Gold Corp > For those not able to watch the briefing yesterday

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Comment by HoneyBadger77on Jul 27, 2024 11:10pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:For those not able to watch the briefing yesterday

Exactly Husky, The leach solution containing the dissolved minerals is then collected, treated in a process plant to recover the target mineral and in some cases precipitate other minerals, and recycled to the heap after reagent levels are adjusted."

So by processing the pregnant solution through the ADR and NOT adding reagent (not adding cyanide to the barren solution instead of adding, pumping what they can to the water treatment facility, and pumping the rest back up to the HLF and back onto the ore, they are actually helping the situation while able to extract the gold at the same time. The more the solution on the pad gets diluted the lower the environmental risk should a second slide occur that takes down more ore and pregnant solution with it.

Only someone who is short VG stock and would prefer to see them go bankrupt would have a problem with this and is failing to recognize the revenue that VG is very likely generating is also very likely helping to pay their bills like paying their on-site employees, engineers, contractors, etc as an indirect benefit. And you can bet VG's lawyers are aware of this and told them, keep pouring the bars, we'll deal with the YTG and EMR in due course.

My opinion only.

HB77

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