Why Invest In Victoria Gold

Commercial Production achieved

  • Achieved commercial production;
  • Share price rerate as we move to full production;
  • 210,000 oz/year with high margins in Canada;
  • High priority exploration targets, Nugget;
  • Production increase with year-round stacking;
  • Mine life significantly extended with higher gold price.

Strengths

  • Commercial production achieved
  • Average annual production of +210,000 oz/year at AISC cost of <US$800/oz Life of Mine
    • Open pit         1:1 strip ratio
    • Heap Leach    76% recovery
  • Canadian Producer
    • Safe jurisdiction
    • First Nation Agreement
    • Gold price at C$ all time high
    • ~70% of costs are C$
  • $23M Financing – COVID Reserve Fund

Opportunities

  • Potential to increase production with year-round stacking
  • Deep drilling has shown mineralization extends to +650m
  • Priority exploration targets
    • Nugget-Raven & Lynx,
    • $6M 2020 budget approved
  • Victoria Gold is an attractive takeover target
  • Re-financing of debt
  • US Listing

Stock Info

  • Last $16.65
    High $17.47
    Year High $17.50
    Bid $16.61
    Volume 384,367
    As of August 11, 2020 14:10 pm PDT
    Open $16.50
    Low $15.74
    Year Low $4.02
    Ask $16.90
    Change -0.51 (-2.97%)
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