Victoria Gold Corp.

14.58

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Company Press Releases

Victoria Gold Provides Update on 'Project 250'

WHITEHORSE, Yukon, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) has completed a Scoping Study designed to assess the potential incorporation of an intermediate scalping screen into the process flow sheet which will serve to bypass fine ore material from the crushing circuit directly to the heap leach pad. The results of this study demonstrate an increase to design throughput of the crushing circuit by approximately 15%, thereby increasing potential annual ore stacking on the heap leach pad by approximately...

Victoria Gold Amends Credit Facilities Including Reduced Interest Rates

TORONTO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) has amended its existing credit agreement on favourable terms, lowering the payable interest rate by 50 basis points (or 0.50%) on both the revolving and term loan tranches (the “Facilities”). Pursuant to the amendment, amounts drawn on the Facilities are subject to interest at LIBOR plus 2.50% to 3.50% per annum (reduced from 3.00% to 4.00%), with the undrawn portion subject to a standby fee of 0.56% to 0.79% per annum (reduced from 0.68%...

Victoria Gold: Eagle Gold Mine Q4 And Annual 2021 Production Results

WHITEHORSE, Yukon, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) Q4 2021 production was 49,497 ounces gold. Full year 2021 gold production was 164,222 ounces versus revised guidance of 162,000 ounces. (see Company news release dated December 16, 2021) Eagle Production - 2021 by Quarter   Q1Q2Q3Q42021Ore minedmillions of tonnes1.62.33.12.59.5Waste minedmillions of tonnes4.73.33.83.215.0Total minedmillions of tonnes6.25.67.05.724.5Strip Ratiowaste to ore2.91.51.21.31.6Mining rate000’s of ton...

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