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 > Why

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Comment by Zibo510on Aug 19, 2024 6:36pm

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Post# 36186862

RE:Why

Some people here are in denial and have been wrong from day one of this disaster, the outcome was inevitable, no income and massive costs going forward VG was toast as of June 24.

YTG have indicated they want Eagle back in production, which may or may not happen, it will take time to understand the causes of this disaster and adopt new policies to govern future mines in the Yukon.

The economic benefits are just to important for mining to not continue, where would Canada be if mining was shut down, YTG just has to learn to do it right, surely they have enough examples of doing it wrong, and should be finally able to get their act together.

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