Member Company Profile

Victoria Gold Corp.

VIT:CN|Last Price: USD 0.40|Market Cap: USD 305.47 M

USD 0.23        USD 0.41


Gold Price: $1,499.75|Silver Price: $17.04|Platinum Price: $845.00|Palladium Price: $1,463.00|Gold:Silver: 88.0


European Gold Forum 2019

  Webcast|Presentation: April 10, 2019, 10:50 AM (CEST)|Presenter: John McConnell, Director, President & CEO


Status: Developer|Primary Mineral: Gold|Primary Country of Operation: Canada


Last Updated: March 19, 2019

  Print Profile

IR Contact

John McConnell
+1 (604) 682-5122
[email protected]
www.vitgoldcorp.com

Address

Suite 1000 - 1050 W. Pender Street
Vancouver, BC V6E 3S7
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & Victoria Gold Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Victoria Gold Corp – TSX-V : VIT
Victoria Gold Corp is currently constructing the Eagle Gold Mine. Construction is +80% complete and first gold production will be in Q32019. In full production, the mine will produce 200,000 ounces per year at an AISC of less than US$750 per ounce Au. The NI43-101 compliant Reserve is 2.7 million ounces of gold (123Mt @ 0.67 g/t) and the mine life is +10 year.

Investment thesis:
• Financed to production;
• Osisko, Orion, & Kinross are major shareholders;
• Re-rate of share price as VGC becomes a producer;
• 200,000 oz/year with high margins;
• Quality exploration targets;
• Analysts regard as a primary “take-out” candidate.

Value Drivers
  • Construction Underway - Eagle Gold open-pit, valley leach, gold mine.
  • Large contained gold reserve offers leverage to rising gold price.
  • Over 200,000 ounces of gold contemplated annual production.

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101 , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Orion Mine Finance
  • Osisko Gold Royalties
  • Sun Valley
Management
Chairman: T. Sean Harvey
CEO: John McConnell
CFO: Marty Rendall
Executive VP: Mark Ayranto
Vice President - Project Execution: Tony George
Vice President - Exploration: Paul Gray
Vice President - Operations: Dave Rouleau
More Detail
Capital Structure
Common Shares Outstanding: 776
Warrants Outstanding: 65,000,000
Options Outstanding: 26,800,000
Fully Diluted Shares: 91,800,776

IR Contact

John McConnell
+1 (604) 682-5122
[email protected]
www.vitgoldcorp.com

Address

Suite 1000 - 1050 W. Pender Street
Vancouver, BC V6E 3S7
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & Victoria Gold Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.