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 > It doesn’t have to come to this!

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Post by Oregonduckon Aug 15, 2024 3:04pm

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Post# 36181156

It doesn’t have to come to this!

On day one, the CEO and the Board should have been proactive and not go AWOL. They could have filed for CCAA bankruptcy protection to give them time and breathing room to deal with the disaster. They might have save the Co and successfully claimed the insurance on its $104 million policy due to engineering negligence not of their own making. It comes down to heap contractor's negligence for the failure of the Co.

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