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 > And so the VGCX oversight team shufflin' begins ;)

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Comment by KenoHillYTon Dec 30, 2024 3:30pm

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Post# 36381343

RE:RE:And so the VGCX oversight team shufflin' begins ;)

GoldenBear,

It appears so far that the only things that were punished so far (except I do feel sorry for a few grayling & sculpin) are the SH's and an increased debt load for all citizens

Like everyone I hate pollution but in consideration of what is on going regards polution and reclamation in at least a another half a dozen YUKON mines this loss of containment was not the major culprit..

BTW I bet that JM is doing just fine as he is quite diversified and I also bet he and his team could have raised say $250,000,000 to stabalize and contain the heap and further put in place a closed loop processing system to get this mine productive.

It appears JM is still on the board of Northern Vision Development LP.

"Northern Vision Development LP s a First Nation majority-owned development, hospitality and seniors living company operating across the Yukon. We do business on the principle that we can help create prosperity and wealth for investors and Yukoners by making long-term, value-based investments in the communities where we operate."

https://nvdlp.com/about-nvd/investor-information/board-of-directors-and-ceo/

"John McConnell

Member of the Board

John McConnell’s +40 years of mining experience is mostly in Canada’s northern territories.

John was the President & CEO of Victoria Gold and led the exploration, development, and financing of the Eagle Gold Mine in Canada’s Yukon Territory.

Previously, he was President & CEO of Western Keltic Mines until it was acquired by Sherwood Copper; VP, NWT Projects for De Beers Canada primarily responsible for permitting and development of the Snap Lake Diamond Mine; Breakwater Resources Ltd in operations at the Nanisivik Zinc & Lead Mine on Baffin Island; and Strathcona Mineral Services Ltd.

Mr. McConnell is the 2021 Winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development for his role in building the Eagle Gold mine. A graduate of the Colorado School of Mines, with a B.Sc. in Mining Engineering Mr. McConnell is also a Director of Lahontan Gold Corp."

https://nvdlp.com/

GoldenPolarBear wrote:
"... The Yukon government has replaced an acting deputy minister leading the Victoria Gold landslide response.

In a Dec. 13 press release, the territorial government announced Lauren Haney was set to be replaced by Sierra van der Meer. Premier Ranj Pillai appointed van der Meer as the acting deputy minister to oversee the Eagle Gold Mine emergency response at thre Department of Energy, Mines and Resources (EMR) for a term of up to six months, starting Dec. 18.

Haney had been a prominent part of the Yukon government's emergency response to the Victoria Gold landslide and pursuant environmental challenges.

According to a spokesperson from the Yukon Public Service Commission, Haney resigned from the deputy minister role to “consider other endeavours at this time.” The spokesperson confirmed Haney is no longer in a position with the Yukon government.

https://www.yukon-news.com/news/deputy-minister-leading-yukon-government-response-to-victoria-gold-landslide-resigns-7726684

What a financial mess!