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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.


PINL:VITFF - Post by User

Victoria Gold Corp > Receivership ending at Yukon's abandoned Wolverine mine
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Comment by givemeabreak1on Aug 20, 2024 11:39pm
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Post# 36189171

RE:RE:Receivership ending at Yukon's abandoned Wolverine mine

RE:RE:Receivership ending at Yukon's abandoned Wolverine mineI am a loss of the comparison of the two projects.  One was a financial bankruptsy that created an environmental problem the other was an environmental problem that created a bankruptsy???

That said, it might give you a good idea of financial recovery..... If I remember correctly Wolverine ended with some 230 plus million in debt and lenders got just over .10 on the dollar!  Again, I might be wrong but Wolverine was a flooded mine site that needed to be cleaned up so the clean up bill would be much less!

At any rate,  I have no idea what comparison anyone is trying to make?  Please explain!
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