resourcestocks profile Victoria gold corp

Vic Gold sets the pace in Yukon

Victoria Gold’s (CN:VIT) timing could be perfect. With gold-mining majors struggling to replace ounces through their internal exploration efforts, commentators are increasingly of the opinion that the market is entering a new phase of merger and acquisition activity. Victoria expects to be near the top of that list as few companies have a fully-permitted, shovel-ready gold project in a stable jurisdiction that will produce about 200,000 ounces of gold a year. And exploration at its Dublin Gulch property in Yukon, Canada continues to increase its scale potential to boot.

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Vic Gold sets the pace in Yukon

Victoria Gold’s (CN:VIT) timing could be perfect. With gold-mining majors struggling to replace ounces through their internal exploration efforts, commentators are increasingly of the opinion that the market is entering a new phase of merger and acquisition activity. Victoria expects to be near the top of that list as few companies have a fully-permitted, shovel-ready gold project in a stable jurisdiction that will produce about 200,000 ounces of gold a year. And exploration at its Dublin Gulch property in Yukon, Canada continues to increase its scale potential to boot.

Vic Gold sets the pace in Yukon

Capex for a 200,000ozpa gold mine at Eagle is put at US$300 million

But president and CEO John McConnell is not waiting for the phone to ring with a buyout offer as he prefers to have destiny in his own hands.