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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.


GREY:VITFF - Post by User

Victoria Gold Corp > Lawsuit
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Comment by SWHuskyon Aug 20, 2024 5:58pm
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Post# 36188834

RE:RE:Lawsuit

RE:RE:Lawsuit
https://www.globenewswire.com/news-release/2023/04/10/2643583/0/en/Victoria-Gold-Filing-of-Updated-Technical-Report-for-the-Eagle-Gold-Mine.html

| Source: 

Qualified Person
The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., as the “Qualified Person” as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Victoria Gold Corp

https://vgcx.com/site/assets/files/7042/vgcx-_2023_technical_report_update_nr_final.pdf

Routan wrote: Not sure if this is accurate but I do not recall any mention of this before. It might be the reason for the lower first quarter production. Or was this the first sign of pad issues.

paragraph 6
Adding to the trouble, unbeknownst to investors, the company suffered a slope failure at the heap leach pad on Jan. 6, 2024, the suit states. On that date, 14,000 tonnes of crushed ore moved, causing damage to the heap leach pad's liner, according to the suit. The failure was caused in part by Victoria Gold's decision to stack more ore on the heap leach pad than permitted, Mr. van Santen says. The issue only came to light after the June 24 failure, the suit claims.


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