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 > Question asked if this will affect the Casino Mines approval

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Comment by HoneyBadger77on Jul 29, 2024 1:10pm

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Post# 36152862

RE:RE:RE:RE:Question asked if this will affect the Casino Mines approval

Interesting statement Sooner, "Yukon's problem isn't mining...it's letting all these little mom and pops develop mines rather than the big guys who have the means to do it correctly!"

And by this then you must mean that the 'Big Guys' should also do all the work and pay for all the exploration and thousands of drill holes, etc to prove up the resources too then, is that correct? Or did you mean that the retail shareholders should just continue doling out the cash so the 'Big Guys' can just walk in and give them pennies to buy out the company once the resource has been proven and all the work (exploration, drilling, raising capital, raising more capital, environmental studies, etc, etc has been done?

You see Sooner, the Big Guys are only Big and getting bigger because they let the 'Little Guys', the start ups and juniors take on the real risk, do all the leg work and spend copius amounts of retail cash. Investors who invest in junior minors only do so because of the potential for significant profit despite the signiificant odds against that happening. Get rid of the juniors and we'll see just how big these Big Guys would be. Oh and do you think the Big Guys don't have to meet the same regulatory rules and scrutiny as a smaller miner? The Big Guys always wait until the risk is at a minimum and then make their move. Why build an Eagle Mine and take all the risk when you can wait to see if it succeeds or wait to scoop in after a slide?

Not sure what world you live in Sooner but mining is risky and complex, always has been and always will be.

HB77

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