Why Invest In Victoria Gold

Commercial Production achieved

  • H2 Guidance: 85,000 – 100,000 ounces Au;
  • Focused on early debt repayment;
  • Share price rerate as we move to full production;
  • 210,000 oz/year with high margins in Canada;
  • High potential exploration targets, Raven & Lynx;
  • Production increase with year-round stacking;
  • Mine life significantly extended at current gold price.

Strengths

  • Commercial production achieved July 1st
  • H2 Guidance: 85,000 – 100,000 ounces Au
  • Average annual production of +210,000 oz/year at AISC cost of <US$800/oz LOM:
    • Open pit                  1:1 strip ratio
    • Heap Leach            76% recovery
  • Canadian Producer

Opportunities

  • Increased production with year-round stacking
  • Extended mine life – deep drilling has shown mineralization extends to +650m
  • High potential exploration targets
  • VGCX is an attractive takeover target

Stock Info

  • Last $16.03
    High $16.25
    Year High $21.04
    Bid $15.86
    Volume 125,683
    As of October 24, 2020 02:07 am PDT
    Open $16.20
    Low $15.70
    Year Low $4.02
    Ask $16.11
    Change -0.09 (-0.56%)
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