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 HuskySWon Jul 30, 2024 10:04am

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Post# 36154214

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

badger,

So "nothing can be disposed of without the lender's consent. " Really? and you have the documentation to prove that every single VG asset is frozen....could you share that comprehensive list with us all?

well said

best

HoneyBadger77 wrote: So "nothing can be disposed of without the lender's consent. " Really? and you have the documentation to prove that every single VG asset is frozen....could you share that comprehensive list with us all?

And "Just like a homeowner who doesn't make their mortgage payment, the bank has to file proper legal notice in order to enforce their rights before they can proceed with any further action like foreclosure. " Exactly Zibo510 and at this point that's all it is is a Notice of Default. That means that VG could still remedy this or work out arrangements with the lender(s) if they find another lender with bigger Zalls. Just like a home owner who agrees to pay what they can until they can resume paying the full amount. The bank doesn't want to foreclose a home and VG lenders don't want a mine, especially in its current state. Do you honestly think VG lenders really want to take over this mess if they can at all avoid it?

I'm not seeking admiration from unwaivering defense of VG, I'm seeking facts. Nobody can dispute the facts, so bring em on and let's get on with this.

My opinion only, DYODD

HB77