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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 > some info about the belt replacement
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Post by Greatdaysahead on Oct 14, 2022 3:49pm

some info about the belt replacement

https://www.youtube.com/watch?v=eJAfFrOLy00&t=27s

- closer to two weeks than three
- impact maybe less important that what I was expecting as they expect to make back some of the missed stacking.
- currently production 500 oz per day

project 250 : next challenge : 200K by being more efficient, less impact from Covid. 

Raven : double the grade of Eagle. down to two drills now. Another 25000m to drill. Next ressource update : 1Q 2023

Comment by Greatdaysahead on Oct 14, 2022 3:50pm
https://youtu.be/eJAfFrOLy00 mayber a better link.
Comment by MVargas on Oct 14, 2022 10:22pm
Thanks for that find and link gda! Since primary crushing is continuing with the ore going into short-term stockpile, the belt replacement should have minimal impact on Q4 production.  The current mining rate of 20k tpd is only slightly less than the Q3 average of 23k tpd and once the secondary and tertiary crushers are back online, the rate of primary crushing should increase.  I ...more  
Comment by givemeabreak1 on Oct 15, 2022 3:38pm
Who writes this nonsense? Have a minimal impact on Q4 production then proceeds to say from 23 to 20. The last I looked that is 13% lower than an already bad quarter. If that is minimal I would love that minimal percentage increase to my dividend portfolio lol.
Comment by givemeabreak1 on Oct 15, 2022 9:56pm
Let us see who is closer!  I think a reasonable forecast is 45k ounces and that is if all goes well installing the belts!  
Comment by Whateverrr on Nov 01, 2022 2:31pm
Maybe they should first  just try and get a  production line that can stay working effeciently  and steady ?  What was the study number promoted forever ?  that 210,000 ounces per year 1st year was easy, simple and conservative with a fantastic cost ' memba?   It is wild how poorly it has gone.  It is/was a brand new mine and equipment and after this ...more  
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