VIT:TSX.V

Victoria Gold Corp.

Victoria Gold Corp. is a leading gold exploration and development company. The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold. The Eagle Gold Project is shovel-ready and when in production will produce ~200,000 ounces of gold annually at an operation cost of approximately $550 per ounce. The Project is permitted for construction and operations. Victoria's shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in Yukon history.
VIT:TSX.V

Expert Comments:

Byron King, Gold Speculator (1/10/17)
"Victoria Gold Corp. is among the most advanced, bulldozer-ready gold mining projects anywhere in the world. . .it’s fully permited, de-risked and ready to go with a substantial resource confirmed. . .sooner or later, something will happen. . .a third party will move in and snap up a superb asset. . .with Victoria, the big payday is just a question of time and patience. . .maintain buy on VITFF, up to $0.60 per share."

James Kwantes, Resource Opportunities (1/5/17)
"Victoria Gold Corp.'s Eagle gold project is shovel-ready, with all permits in hand and an agreement with the local First Nations; Victoria has a mineral reserve of 2.7 million ounces and the potential to produce 200,000 ounces annually at low costs. It's a lower-grade operation (0.73 g/t Au), but a low strip ratio and the addition of richer satellite deposits sweeten the economics."

Byron King, Gold Speculator (12/20/16)
"Victoria Gold Corp. is among the most advanced, bulldozer-ready gold mining projects anywhere in the world. It's fully permited, de-risked and ready to go with a substantial resource confirmed. . .sooner or later, something will happen, it's just a question of time and patience. . .maintain Buy on VITFF, up to $0.60 per share."

Ryan Walker, Echelon Growth Partners (11/22/16)
"Victoria Gold Corp. reported assays from 16 holes drilled as part of Phase 2 exploration designed to test for extensions to the Olive-Shamrock deposit; the results showed mineralization near-surface and at depth extending north-east along the Olive deposit, and from a parallel zone approximately 250m to the south-east of Olive. . .we maintain our Speculative Buy rating, $0.90/share price target, and Top Pick H2/16 status, which reflects the Eagle project's strategic size, fully permitted status, district scale land package with substantial exploration potential, and situation in geopolitically stable Canada."

Thibaut Lepouttre, Caesars Report (11/9/16)
"The initial capex of Victoria Gold Corp's Eagle Gold has been estimated at C$370M, which should allow the company to produce an average of 190,000 oz gold during the entire 10 year mine life . . .This results in an after-tax NPV5 of C$508M and IRR of 29.5% using the base case scenario with a gold price of US$1250/oz. . . keep in mind this is based on just 2 million ounces . . .with a robust feasibility study which has been filed at the end of October, Victoria is now more than ever a valid buyout candidate."

Tom Hayes, Edison Investment Research (10/27/16)
"Victoria Gold Corp. released an updated feasibility study which includes run-of-mine ore from Eagle, higher-grade Olive ore, and accounts for the lower mine construction costs in Canada. . .these new inputs have positively influenced operating costs and shortened construction from two years to one, while maintaining environmental standards. . .Eagle's economics have been positively affected by a devalued Canadian dollar against the greenback. . ."

The updated definitive feasibility study for Victoria Gold's 100%-owned Eagle heap leach project reflects improved economics for the mine, prompting five analysts to applaud the company's investment and takeover potential.
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More Expert Comments

Experts Following This Company

Don Blyth, Analyst – Paradigm Capital
Eric Coffin, Owner – HRA Advisory
Richard Gray, Analyst – Cormark Securities
Tony Hayes – Euro Pacific Canada
Tom Hayes, Analyst – Edison Investment Research
Timothy Hayes – Davenport & Co.
Byron King, Editor – Agora Financial
James Kwantes Resource Opportunities
Thibaut Lepouttre, Editor Caesars Report
Don Maclean, Senior Analyst – Paradigm Capital
Derek Macpherson, VP Mining Analysis – Red Cloud Klondike Strike Inc.
Joe Mazumdar Exploration Insights
Adam Melnyk – Desjardins Securities
Gwen Preston, Founder Resource Maven
Craig Stanley, Analyst – Stifel
Chris Thompson, Mining Analyst – Raymond James
Ryan Walker, Analyst – Echelon Wealth Partners

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
 
Permitted, shovel ready, economically robust project
 
High leverage to increasing gold price
 
Cash in treasury
 
Yukon is a mining friendly jurisdiction
 
Blue Sky Potential
 
Experienced Management Team