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Victoria Gold Corp VITFF


Primary Symbol: T.VGCX

Victoria Gold Corp. is a Canada-based gold mining company. The Company is engaged in the operation, exploration and acquisition of mineral properties. Its flagship asset is its 100% owned Dublin Gulch property, which includes the Eagle Gold Deposit, the Olive Deposit, Raven Gold Deposit, the Wolf Tungsten Deposit, the Potato Hills Trend, including the Nugget, Lynx, Popeye, Rex-Peso, East Potato Hills, Eagle West, Falcon, as well as other targets. The Dublin Gulch Project is situated in central Yukon, Canada, approximately 375 kilometers north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers, is accessible by road year-round and is powered by the Yukon energy grid. The Eagle and Olive deposits include probable reserves of approximately 3.3 million ounces of gold from 155 million tons of ore with a grade of 0.65 grams of gold per ton. It also holds Brewery Creek property, as well as the Gold Dome and Grew Creek exploration properties.


TSX:VGCX - Post by User

Comment by DonaldDDukcon Apr 17, 2024 4:35am
105 Views
Post# 35993110

RE:So I was just thinking!

RE:So I was just thinking!you are very smart. mining is not a value creation process. It is not like automobile or cosmetics/pharma industry. Mining is for virgin land like Congo or Angola. Minerals in Canada is already low grade. How often do you see 5% copper???? 5% copper open stope is normal in Congo but in Canada. 0.5% for pit and 2% for UG. If it is Canda 100 years ago of course you see some crazy mining activities like Dawson city in Yukon. I went to Dawson once they told me Dawson is the second place in North America that had electricity. Do you know how crazy it was back then??
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