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.

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.

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.