DESCRIPTION: VG Gold Corp. is focused on developing its four gold projects situated in the heart of the world-class Timmins Gold Camp in Canada. The company's key exploration focus is the Paymaster property located next to Goldcorp's Dome mine. VG Gold is also in the process of permitting, mine planning and exploration work to move the three advanced-stage properties that have significant exploration potential toward production. Headquartered in Toronto, the company also has an exploration and operations management office in Timmins and plans ongoing drilling programs to expand gold mineralization on all properties.
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
"VG Gold. . .had a very interesting drill result recently. [Its] properties are located in Timmins, Ontario, which is one of the world's best gold-producing zones. . .There was a huge drill result that returned almost an ounce of gold per ton over 25 meters. That provides evidence for a strong gold-mineralized system. . .The property shows near-surface mineralization amenable to open-pit, bulk-tonnage mining and also strong underground-mining potential.
. . .[VG] could be one of the few junior resource companies with the potential to break out and provide the types of returns investors crave. The company has three other high-potential properties in the same area. . .has the potential to develop multimillion-ounce gold resource base. We are watching that one very closely. . .the properties are near Timmins, in Canada, which has very good infrastructure and a system of mining financing, as well. That really helps junior exploration companies."
View Entire Article: Vikas Ranjan: Good Potential in Junior Golds
Wendell Zerb, Canaccord Adams
(07/20/10)
"Last week, VG announced that drilling at Paymaster West intersected 30.99 g/t gold over 24.7m, including 366.0 g/t gold over 2.0m (VPG-10-83). Three additional drill holes, one testing below VPG83 and two easterly step outs from VPG83, returned modest mineralized intervals. The company is targeting porphyry-hosted gold mineralization located to depth and adjacent to the historical mine workings. . .Paymaster West has had a history of individual high-grade intercepts."
Barry Allan, Mackie Research Capital Corp
(07/14/10)
"VG Gold's properties are located in the heart of the Timmins gold camp, with the Paymaster, Fuller, and Buffalo Ankerite projects being surrounded by large Timmins producers that have collectively produced over 50 Moz. The company's current 2010 drilling program is the largest in its history, with [three] drills operating to further develop Paymaster West, Davidson Tisdale and Buffalo Ankerite. VG Gold recently announced its highest gold grades to date on its Paymaster West property, including assays of 1,850 g/t over 0.9m and 30.99 g/t over 24.7m.
Catalyst: Results from ongoing drill program. Unique Feature: Strategically located on old, abandoned mines in Timmins camp."
Canaccord Capital, Morning Coffee
(07/13/10)
"VG Gold skyrocketed on news that the company encountered its most significant drill result to date from the Paymaster West Project in Timmins. Hole VGP-10-83 intersected 30.99 g/t Au over 24.7m, including 366.0 g/t Au over 2.0m. The Paymaster West project is located next to Goldcorp's Dome Mine, which has produced 17 Moz. gold. As drilling progresses to the east and closer to Goldcorp's Dome Mine, VG Gold's exploration has been encountering wide intervals of significant mineralization. This new intersection is particularly attractive given the hole starts at a vertical depth of only 15m and the zone remains open to the east."
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