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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 19, 2024 10:25am
132 Views
Post# 36185804

YTG thinks Eagle can restart - the rub - under new owner.

YTG thinks Eagle can restart - the rub - under new owner.

BIG question to YTG under new owner, will the HLP just be pinned and diapered with more dirt and rubber and then the diapered heap filled with 92mt to cap. in spite of the fact it failed at less that 1/4 cap? 

Now that would be something to see.  Better move the camp or the story will be worse than SSR.

And since VG couldn't do anything fast enough in the last six weeks, lets see what PWC and Parsons can do in the next six weeks.  You're lucky to still have JM and co. on board.

Want to bet Parsons won't even have the tendering done in six weeks (or maybe they'll just use the JM and Co. resources on site already (Hecla and Pelly) and just charge millions on top?

Or is this a case of just use as much taxpayers cash as you want in the shortest amont of time possible and then state we told you this was going to cost cost hundreds millions just to pretty up Dublin Gulch and oh by the way look the creek has 50 sculpin in it and we built a fish ladder with personalized elevators, because you know they really can't swim, they just bobble along the bottom.

And to YTG, EMR, FN. 

Everyone is still waiting to see when JDS/Hatch JV are called in to those famous weekly meetings (incl. all the the firms that did the inspections!) 

Why are those folks not being rousted out to answer some questions, before statements like
"Despite the likely long road to rehabilitation, the government is optimistic that not only can the site be restored to the state it was in before the accident, but that production can restart at some point."


Yukoners know what BS is and guess what it sure is starting to look like there is a Dublin Gulch size boatload of it.


Globe says Yukon has hope for Victoria Gold's mine

 

2024-08-19 08:04 ET - In the News

 

The Globe and Mail reports in its Saturday edition that the Yukon government is hopeful that the site of a catastrophic cyanide spill in the territory can be sufficiently remediated to allow the restart of gold mining. The Globe's Niall McGee writes that four million tonnes of cyanide-laced rocks collapsed at the gold-processing facility operated by Victoria Gold in June. About two million tonnes broke through the company's containment zone and spilled into the local environment. The first nation of Na-Cho Nyk Dun fears the spill could devastate fisheries, hunting grounds and groundwater. Dozens of dead fish were recently found in a creek near the mine. The company was put into receivership last week at the request of the Yukon government, which was concerned the company was not moving with enough urgency to remediate the site. Yukon is now paying for the remediation and cleanup effort, which is expected to cost up to $150-million. Despite the likely long road to rehabilitation, the government is optimistic that not only can the site be restored to the state it was in before the accident, but that production can restart at some point. The restart of mining, however, would likely have to occur under a new owner.


in my opinion
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