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 > Victoria Gold needs to start back into GOLD production ORE

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Post by GoldenPolarBearon Aug 04, 2024 7:55am

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Post# 36163746

Victoria Gold needs to start back into GOLD production ORE

"...

Victoria Gold sees nearly $43 million in liens filed against it..." Fortunately, court proceedings are notoriously slow but this is beyond concerning...

https://theyukonstar.com/victoria-gold-sees-nearly-43-million-in-liens-filed-against-it/

Victoria Gold CEO says company won’t fold, contamination minor..."

"... Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now.

CEO and president John McConnell has spoken publicly for the first time in remarks to the CBC since a June 24 landslide of millions of tonnes of cyanide-laced ore stopped production and threatened local waterways. He apologized to employees, Yukoners and the Na-Cho Nyk Dun First Nation...."

https://www.mining.com/victoria-gold-ceo-says-company-wont-fold-contamination-minor/

The Yukon government and Na-Cho Nyk Dun First Nation need to work in conjunction with Victoria Gold to settle this environmental and financial mess quickly if they don't want to promptly lose even more international corporate investors. The future of the mining industry in the Yukon depends on...