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 > BTW, we want John McConnell back running the Victoria Gold

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Comment by KenoHillYTon Dec 28, 2024 5:57pm

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Post# 36379618

RE:BTW, we want John McConnell back running the Victoria Gold

Good grief!

It could be said that $100,000,000 +/- later and the self proclaimed frankenstein solution isn't working. Is the environment getting better or worse? Was the recirc. of the cyanide solution back on the heap a good call when no one really knew what was going on at the "core" of the heap.

Current Allowance:

"Amendment temporarily allows for water with higher concentrations of contaminants to release into environment"

https://www.cbc.ca/news/canada/north/yukon-victoria-gold-emergency-water-amendment-approved-1.7419649

It's called a Frankenstein System.

"Dowd described the current water treatment process as a “Frankenstein of a water treatment plant,” with many different pieces being put onto an existing water treatment plant to treat the water in the short term. Throughout the winter, Dowd said, other treatment approaches will be considered for impacted water."

https://www.yukon-news.com/news/yukon-government-gives-presentation-on-response-to-victoria-gold-disaster-at-geoscience-7658132

Maybe an "independent review" is required of what exactly is going on and what led to the choice not allow creditor protection to be sought or to allow managment to approach the market for funds. That might have been a more rational approach than for the taxpayer to bear the cost of this now non-producing mine.

GoldenPolarBear wrote: John McConnell should be back at the helm of the Victoria Gold Mine and not a bunch of bureaucrats that are playing musical chairs with the assistance of PWC!