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Victoria Gold Corp VITFF

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

Post by SWHuskyon Aug 15, 2024 7:37pm
174 Views
Post# 36181678

The Yukon - Is NOT a place to do business

The Yukon - Is NOT a place to do businessWho will invest in The Yukon after this?  Newmont, Western.  Not!  Bet they're having second thoughts on FID.  Juniors?  Not after this!

YTG better start thinking about how the day to day salaries are going to  be paid for once the bills come rolling in. 

This saga affects not ony VG but all the other mining proposals on the table. 

The Yukon will be perceived as a place where you go from hero with innovation to a black sheep villain in the space of a few months, because of a disaster that professionals designed and YTG, EMR, FN and all contractors and consultants signed off on. What a gong show!

Sure the C-suite is point but they also relied in good faith that everything was designed and built correctly with all parties signing off.

Well it is a territory so the Feds (all Canadian taxpayers) can now kick in whatever is required to feed the unemployed.

By now, based on this action, it should be very clear what the end game was.

imo




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