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Bullboard - Stock Discussion Forum Victoria Gold Corp VITFF

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... see more

GREY:VITFF - Post Discussion

Victoria Gold Corp > 2022 Raven drilling (25,000 M) not included in Initial Res.
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Post by phoenix_trader on Sep 15, 2022 11:27am

2022 Raven drilling (25,000 M) not included in Initial Res.

Results from the continuing 2022 drill program at Raven have not been included in this maiden resource and will be incorporated into subsequent resource updates.

 "In 2022, we have carried out Victoria's largest ever exploration program, with 25,000 metres of drilling planned to expand Raven along strike and at depth."


Mineral resource estimate discussion

The drill hole database utilized for this MRE utilizes 78 diamond drill holes collared between August, 2018, and September, 2021, and comprises 11,956 assays from 18,217 m of drilling. Additionally, 55 surface trenches with 3,464 assays and 7,443 m of sampling were included in establishing the MRE.

Comment by MVargas on Sep 16, 2022 12:55am
John had said about a month ago to look for Raven results in the first week of September and we are still waiting.  However this was an astute move to announce a preliminary inferred resourse estimate first so that there is no confusion that the test results not yet issued are included in the resource estimate. I think it is reasonable to anticipate that this will easily become a multi ...more  
Comment by phoenix_trader on Sep 16, 2022 8:48am
Strip ratio at Eagle, Raven and Powerline will affect mine economics. Eagle is under 2, Raven ?
Comment by kegman on Sep 16, 2022 8:52am
Price collapse is due to shorting.  Without that activity with this size of float we would be much higher.  WE simply would not be trading any volume.  Latest surge has to be short covering.  JMHO
Comment by BigJake on Sep 16, 2022 10:25am
I think we all know the answer to your question and as unhappy as I am about it short of liquidating my shares there isn't much I can do about it.
Comment by Whateverrr on Sep 16, 2022 5:42pm
Did you know that John's wife runs Banyan, so why not give the claim away so it is no longer controlled by VG and then help her fund the drillings for years.....this is not about you, Johnny Retail Shareholder, this is about them and their bank account  :  ) You know when posters write  "Our CEO"   "our drills"  "we" etc you are too ...more  
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