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 $15.43
    High $15.75
    Year High $16.58
    Bid $15.34
    Volume 69,470
    As of July 10, 2020 19:21 pm PDT
    Open $15.68
    Low $15.21
    Year Low $4.02
    Ask $15.44
    Change -0.28 (-1.78%)
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