Victoria Gold Corp. (VITFF)

[BestFishes]

Only one more dollar to get to the bottom of the covid lows. That is back-up-the-truck-ville.

[newguy49]

nice close for the day!

[stonsetr]

Golden cross

[Gatsby]

please have a look at this latest presentation. A lot of information.
https://articles.cruxinvestor.com/transcript-victoria-gold-vgcx-stacks-more-growth-potential

Note as well these section on their website about Eagle mine expansion... good time ahead imo.
https://eaglegoldmine.ca/extensionproject/overview/?q=access

[Oleblue]

Presentation at Money Show today by CEO.

Here is a link to an older presentation:

https://video.resourceworld.com/virtual-tour-of-canada%e2%80%99s-newest-gold-mine-%e2%80%93-the-victoria-gold-eagle-gold-mine_06e3326d4.html

[tmonkey]

traded these for fury gold at open---imo more bang for the buck there and mucho mas shares!!--fury my only gold ticker now-the rest is btc and cloud!---tmonkey

[tmonkey]

wish i added yesterday!!---nice to see a comeback and maybe tax selling is winding dn----tmonkey

[Gatsby]

volatile days here...
But two news this week :
VGCX added to the GDXJ index... very positive.
VGCX refinancing its debt:
https://vgcx.com/news/victoria-gold-closes-us-200-million-credit-facility-to-refinance-project-debt/

Better interest.

The negative are :
- no clarity about 4Q production guidance : will they deliver this time ? Have they fixed most of the operational issues
- Orion selling its shares through secondary placement.. raises some questions about the reasons.

2021 could be a very nice year..

[tmonkey]

this one cant wait for the new year!-tax selling continues to kill it------tmonkey

[tmonkey]

nice pop today but a long way to jan---still alot of losses in this one for the tax sellers to hammer---eoy i will add on weakness-----tmonkey

[tmonkey]

i think the tax selling is the main reason for this drop---further down i will add again-------tmonkey

[Gatsby]

yes. not in a good trend after the production forecast revision but cheap if they meet their new forecast... not to mention December bring abnormal vol and price movements sometimes (tax selling, windows dressing, and so on)

[tmonkey]

had sld out of this one but bt back on slump today--too cheap here------tmonkey

[tmonkey]

just added more after chasing it dn the last 4 days---got a nice position now and my small loss just now will vanish soon---a gift here---this and fury are my gld holdings after riding btc awhile----tmonkey

[Gatsby]

I am buying at these level.. over-invested here and took a big hit from 21 to 11 (ok after coming from 4 this March).
This oversold situation is too tempting. We should be bottoming.

Yes. could be some attempts to lower more than normal the pps before a take out offer.. but anything below 17 CAD (13 usd) would be doubtful imo as the recent secondary sale of Orion was at 17.
Whish would still be a bargain price !

Some points:
- insider buying at these levels. Some directors bought the past days.
- Last quarter was below expectation but still 0.33cad per share... so 1.3 cad year for a current pps of 11.5...
- New guidance is now lowered to a lever which should be easy to meet...
- Market is giving no premium at the moment for the exploration targets... Raven is providing good numbers up to now... Last PR release went unnoticed due to the FS release... IMO bad idea to post them between the FS release and the conf call. I guess they thought this would sustain the price....


Having added 15% to my main position will prove to me a smart move by 2Q next year.

[tmonkey]

at this pps i think this will be bt out on the cheap!!!-i have shares so i hope not too cheap!--------tmonkey

[tmonkey]

this board is less than active-----maybe that will change when this co starts to perform--missed expectations this time around but overreacted--i have added today and will be watching closely the next few weeks---------tmonkey

[stonsetr]

More good news..... https://finance.yahoo.com/news/victoria-gold-doubles-strike-length-123000843.html

[stonsetr]

https://finance.yahoo.com/news/victoria-gold-makes-early-debt-100000302.html

[stonsetr]

https://finance.yahoo.com/news/victoria-gold-provides-inaugural-guidance-100000917.html

[stonsetr]

Gold production increasing.
https://www.vitgoldcorp.com/news/victoria-golds-eagle-gold-mine-produces-13-828-ounces-of-gold-in-june/

[stonsetr]

Just going to getter better as they ramp up production.
Price has more than doubled in the last few months.

[stonsetr]

They poured!!!!!
https://www.vitgoldcorp.com/news/victoria-gold-provides-operations-update/

[stonsetr]

Nice to see Good News ! Is this the tip of the iceberg?


Victoria Gold Corp.
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Contact
TSX:VGCX $10.43 |GOLD: $1,704

NEWS RELEASES


VICTORIA GOLD PROVIDES OPERATIONS UPDATE

May 11, 2020
View in PDF format
Whitehorse, YT / May 12, 2020 / Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), is pleased to provide April and YTD production results for its Eagle Gold Mine (“Eagle”), Yukon Canada.

Production:
April was a very successful month at Eagle as mining, crushing and stacking on the leach pad increased significantly. As a result, gold production also increased substantially and higher gold output is expected to continue over the coming months as more ore is placed under leach. A summary table of 2020 production follows:



April

Q1

YTD

Hours Without A Lost Time Incident
72,984
213,108
286,092
Ore mined (tonnes)
759,133
946,479
1,705,606
Waste mined (tonnes)
845,295
1,565,964
2,411,259
Ore stacked (tonnes)
786,954
887,700
1,674,645
Grade (gold grams per tonne)
0.86
0.83
0.85
Gold produced (ounces)
6,768
10,544
17,312
“The ramp-up of Eagle has gone exceptionally well and we owe a sincere debt of gratitude to our employees and contractors for adopting and embracing Victoria’s rigorous COVID Protocols while working safely and diligently to ensure operational success.”, said John McConnell, President & CEO. “With production ramping up and gold price at record highs, Eagle is poised to exceed our projections!”

COVID-19 Update:

There have been 11 COVID cases confirmed in Yukon, with all patients having fully recovered. No cases have required hospitalization and no cases have been confirmed at the Eagle minesite. Victoria continues to meet or exceed regulations established by the Yukon Chief Medical Officer. Through our COVID-19 action plan, we have instituted strict prevention measures to protect our workforce and Yukon local communities. Importantly, these preventative measures have, in part, enabled Eagle Mine operations to continue while strongly mitigating the risk of COVID-19.

Qualified Person

The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo, as the Qualified Person.

About the Dublin Gulch Property

Victoria Gold's 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is located within Yukon Energy's electrical grid.

The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle and Olive Gold Deposits. The Eagle Gold Mine is Yukon's newest operating gold mine. The Eagle and Olive deposits include Proven and Probable Reserves of 3.3 million ounces of gold from 155 million tonnes of ore with a grade of 0.65 grams of gold per tonne, as outlined in a National Instrument 43-101 Technical Report for the Eagle Gold Mine dated December 3, 2019. The Mineral Resource under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Eagle and Olive deposits has been estimated to host 227 million tonnes averaging 0.67 grams of gold per tonne, containing 4.7 million ounces of gold in the "Measured and Indicated" category, inclusive of Proven and Probable Reserves, and a further 28 million tonnes averaging 0.65 grams of gold per tonne, containing 0.6 million ounces of gold in the "Inferred" category.

Cautionary Language and Forward-Looking Statements

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

For Further Information Contact:
John McConnell
President & CEO
Victoria Gold Corp.
Tel: [phone]
https://www.vitgoldcorp.com/news/victoria-gold-provides-operations-update/

[Renee]

VITFF: effective Nov. 20,2019 a one for 15 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Clemdane]

Victoria Gold Pours First Bar at Canada’s Newest Mine

https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/victoria-gold-pours-first-bar-canadas-newest-mine/?mqsc=E4087072

[LouisDesyjr]

First gold pour soon

Any day now the company is supposed to pour its first gold, the results of batches of ore from the leach pads.

Louis J. Desy Jr.

[Golden Cross]

New 52-week high today--->>

[Dodger1]

I don't know about this one...does anyone know what is up?

[Mrvince]

Does anyone have any news on this company it seems it’s still holding its own

[Harleyman]

NEWS RELEASES
Apr 4, 2017
Victoria Gold Begins $6.2M, Phase 1 Exploration Program, Yukon

View
pdf
Mar 28, 2017
Victoria Gold: Acquires Cat Mining Fleet for the Eagle Gold Project

View
Mar 27, 2017
Victoria Gold Awards Engineering for the Eagle Project to JDS/Hatch Team

View
Feb 23, 2017
Victoria Gold named to the TSX Venture 50(tm)

View
Feb 15, 2017
Victoria Gold Introduces Vice President, Project Execution, Tony George

[Harleyman]

https://www.vitgoldcorp.com/investors/presentations-videos/

[Harleyman]

Dublin Gulch

The Dublin Gulch property is located approximately 85 km by road north northeast of the village of Mayo, central Yukon. The Dublin Gulch claim block, which hosts the flagship Eagle gold deposit and multiple other targets at various stages of development, is considered part of the Tintina gold belt and is hosted within the mineral-rich Selwyn Basin.

The property hosts the Eagle gold deposit, the Wolf tungsten deposit and a 13 km-long belt of Au and Ag mineralization known as the Potato Hills Trend (PHT). They have also identified new gold and silver targets along the PHT.

Eagle Gold Project

The shovel ready Eagle Gold Project is the most advanced project in the region and is on track to be the largest gold mine in Yukon history.

The proposed Eagle gold mine will produce doré from a conventional open pit operation with a three-stage crushing plant, in-valley heap leach and carbon-in-leach adsorption-desorption gold recovery plant. The Company currently has year-round road access to the site, and a fully operational 100-person all-season camp on site, with a further 100-person all-season camp purchased and ready for transport to site. Commercial grid power is available approximately 45 km by road from the site, and an airstrip suitable for commercial planes is located 80 km to the south.

The project will employ 350-400 people and will be a significant economic contributor to Yukon.

The Eagle Gold Project has received all major permits for construction and operations, completed the Environmental Assessment process and has a signed Comprehensive Cooperation and Benefits Agreement with the local Nacho Nyak Dun First Nation, whose traditional territory the Project is located within.

A Robust Project

Reserve:
Tonnes Au g/t
Eagle 101M 0.73
Olive 7M 0.95
ROM 15M 0.27
Total 123M 0.67
Contained Gold: 2.66M ounces
Mining Rate: 33,700 t/d 12.3 Mt/y
Strip Ratio: 0.95 tonnes waste : tonnes ore
CapEx: $ 369M (US$ 288M)
OpEx: $ 10.49 /t
OpEx/Ounce US$ 538
AISC US$ 639
Financial:
Au Price: US$1250 /oz
Fx: 0.78 US$ : C$
Pre-tax: NPV 5% 766 M$
IRR 37.1%
After tax: NPV 5% 508 M$
IRR 29.5%
Payback (after tax): 2.8 years
Eagle Gold Property Feasibility Study

[Harleyman]

WHY INVEST IN VICTORIA GOLD?



Fully Permitted
Post-tax NPV5% greater than $500M
200,000 oz gold annually
Strip ratio less than 1
AISC less than US$650/oz
1 year construction period
District Scale Exploration Potential
Olive-Shamrock, Potato Hills Trend, Rex-Peso, Falcon
Yukon
Secure jurisdiction, pro-mining
Impact Benefits Agreement in place with First Nation
Excellent Infrastructure
Treasury
$63M cash, no debt (Nov.30, 2016)
Management team
Northern mine building and operating experience
Victoria Today

Capitalization as at November 30, 2016
Basic Shares O/S (M) 504
Warrants & Options (M) 69
Cash (Nov.30, 2016) $63M
Debt $0
Project Highlights
Fully permitted
Conventional open pit
Valley leach
Good infrastructure
Yukon - secure, pro-mining jurisdiction
First Nation - Benefits Agreement in place
Strategic Investors
Tom Kaplan’s Electrum Fund
Sun Valley Gold
Kinross Gold

[Harleyman]

https://www.vitgoldcorp.com/

[nas9709]

Not sure why this isn't getting more attention. From what I've read on the company they are solid.

[nas9709]

Mining and gold stocks are soaring all over.

[nas9709]

Agora financial has this as a strong buy up to .60.

[Beasy324]

$VITFF This stock has done nothing but go up. No PRs no chatter on boards what gives here?

[stocktrademan]

VITFF bullish 0.5745