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 > Let's get rid of those "cheap" common shares of VG...

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Comment by Whateverrron Dec 11, 2024 2:44pm

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Post# 36357240

RE:RE:RE:Let's get rid of those "cheap" common shares of VG...

Obviously, any one with any minor knowledge of VG would understand the potential impact on Banyan and or Lahontan....lol. So it is not that 'far reaching" and not surprising.

KenoHillYT wrote: HB

Thanks for the insertion and clarification. JM was also chair on the board of LG at the time so it might have been a reverse "investment". I can imagine this block of LG shares held might have an impact on LG.

One thing for sure did anyone think of how far reaching the "handling" of the VG incident was to become?

https://lahontangoldcorp.com/wp-content/uploads/2024/08/PR-August-KA-Becomes-Chair-VGCX-shares-update-23AUG2024-FINAL.pdf

https://finance.yahoo.com/news/lahontan-announces-resignation-director-201500161.html

https://lahontangoldcorp.com/wp-content/uploads/2024/03/MARCH-1-PDAC-2024-LG-KA-compressed-1.pdf

https://lahontangoldcorp.com/wp-content/uploads/2024/12/PR-Share-Sale-Update-10DEC2024.pdf

"Company Ownership Event Year
Cordero Mining Co. Original Staking 1960
Callahan Mining Co. Option Agreement 1968
Bell Mountain Silver Mines Option Agreement 1971
Westley Mines Ltd. Option Agreement 1971
Bethlehem Mines Option Agreement 1974
Westley Mines Ltd. Option Dropped by Bethlehem 1978
Inco Option Agreement 1978
Westley Mines Ltd. Option Dropped by Inco 1978
Ventures West Mineral Ltd. Takeover of Westley Mines Ltd. 1981
Lacana Gold Inc. Joint Venture with Brican Resources and Westley Mines Ltd. 1983
Lacana Gold Inc. Consolidation of Brican - Westley JV 1986
Corona Gold Corp. Takeover of Lancana Gold Inc. and CoCa-Amax JV 1989
Homestake Mining Merger between Corona Gold Corp. and Homestake Mining 1992
Barrick Gold Corp. Merger between Homestake Mining and Barrick Gold Corp. 2001
Gateway Gold Corp. Option Agreement 2008
Victoria Gold Corp. Merger between Gateway and Victoria Gold Corp. 2008
Victoria Gold Corp. Property transfer agreement with Barrick 2012
Lahontan Gold Corp. Victoria Sale of Gateway Gold Subsidiary to Lahontan 2020"

HoneyBadger77 wrote: Just to clarify, KH, the comment by Kimberly Ann is referring to the Lahontan shares held by VG that PWC is disposing of and not VG gold common shares.

The quote from Kimberly Ann was either misquoted or she missed the word 'held'.

"Kimberly Ann, Lahontan Executive Chair, CEO, President, and Founder commented: "This is an important step towards placing the Victoria [held] shares in the hands of secure, long-term investors."

VG holds about 21 milion shares of Lahaontan (if I recall correctly) and those are the shares PWC is disposing of and trying to dispose of in an orderly manner in attempt to maximize the sale proceeds to be received by PWC. The exact amount on Lahontan shares held by VG are on SEDAR but I'm too lazy to look it up.

HB77