VIT:TSX.V

Victoria Gold Corp.

Victoria Gold Corp. is a leading gold exploration and development company. The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold. The Eagle Gold Project is shovel-ready and when in production will produce ~200,000 ounces of gold annually at an operation cost of approximately $550 per ounce. The Project is permitted for construction and operations. Victoria's shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in Yukon history.
VIT:TSX.V

Expert Comments:

Ryan Walker, Echelon Growth Partners (11/22/16)
"Victoria Gold Corp. reported assays from 16 holes drilled as part of Phase 2 exploration designed to test for extensions to the Olive-Shamrock deposit; the results showed mineralization near-surface and at depth extending north-east along the Olive deposit, and from a parallel zone approximately 250m to the south-east of Olive. . .we maintain our Speculative Buy rating, $0.90/share price target, and Top Pick H2/16 status, which reflects the Eagle project's strategic size, fully permitted status, district scale land package with substantial exploration potential, and situation in geopolitically stable Canada."

Thibaut Lepouttre, Caesars Report (11/9/16)
"The initial capex of Victoria Gold Corp's Eagle Gold has been estimated at C$370M, which should allow the company to produce an average of 190,000 oz gold during the entire 10 year mine life . . .This results in an after-tax NPV5 of C$508M and IRR of 29.5% using the base case scenario with a gold price of US$1250/oz. . . keep in mind this is based on just 2 million ounces . . .with a robust feasibility study which has been filed at the end of October, Victoria is now more than ever a valid buyout candidate."

Tom Hayes, Edison Investment Research (10/27/16)
"Victoria Gold Corp. released an updated feasibility study which includes run-of-mine ore from Eagle, higher-grade Olive ore, and accounts for the lower mine construction costs in Canada. . .these new inputs have positively influenced operating costs and shortened construction from two years to one, while maintaining environmental standards. . .Eagle's economics have been positively affected by a devalued Canadian dollar against the greenback. . ."

Chris Thompson, Raymond James (10/12/16)
"We are initiating coverage on Victoria Gold Corp. with an Outperform rating and C$1.00/share target price; we view Victoria as an attractively priced emerging gold developer capable of delivering a +200 koz/year production profile at low quartile operating costs, from its 100% owned Eagle Gold Project, located in central Yukon, Canada. We feel that Victoria is primed to transition from developer to producer (or be acquired), given the fully permitted and shovel ready status of the Eagle Project; funding remains the next milestone on Eagle's development track, which is anticipated by mid-2017."

Tom Hayes, Edison Investment Research (9/29/16)
"Victoria Gold Corp. released an updated feasibility study for the Eagle Gold Project in the Yukon, which includes run-of-mine ore from Eagle, higher-grade Olive ore, and accounts for the lower mine construction costs in Canada and the current prices for materials and process reagents. These new inputs have positively influenced operating costs (C1 estimated at US$539/oz, AISC at US$638/oz) and shortened construction from two years to one, while maintaining environmental standards; further, Eagle's economics have been positively affected by a devalued Canadian dollar against the greenback. . .as well as a resurgent gold price."

The updated definitive feasibility study for Victoria Gold's 100%-owned Eagle heap leach project reflects improved economics for the mine, prompting five analysts to applaud the company's investment and takeover potential.
read more >
Byron King, Gold Speculator (9/20/16)
"Victoria Gold Corp.'s property in Yukon has road access and is fully permitted. . .construction can begin tomorrow morning. In fact, the company is performing preliminary engineering work to expedite other construction with roads, power lines, etc. . .considering what Goldcorp paid for Kaminak last May, I'm looking at Victoria as a near-term takeover play. . .maintain buy on VITFF, up to $0.60 per share."

More Expert Comments

Experts Following This Company

Don Blyth, Analyst – Paradigm Capital
Eric Coffin, Owner – HRA Advisory
Richard Gray, Analyst – Cormark Securities
Tom Hayes, Analyst – Edison Investment Research
Tony Hayes – Euro Pacific Canada
Timothy Hayes – Davenport & Co.
Byron King, Editor – Agora Financial
Thibaut Lepouttre, Editor Caesars Report
Don Maclean, Senior Analyst – Paradigm Capital
Derek Macpherson, VP Mining Analysis – Red Cloud Klondike Strike Inc.
Joe Mazumdar Exploration Insights
Adam Melnyk – Desjardins Securities
Gwen Preston, Founder Resource Maven
Florian Siegfried, Senior Portfolio Manager – AgaNola
Craig Stanley, Analyst – Stifel
Chris Thompson, Mining Analyst – Raymond James
Ryan Walker, Analyst – Echelon Wealth Partners

The information provided above is from analysts, newsletters, the company and other contributors.

Victoria Gold Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
Permitted, shovel ready, economically robust project
 
High leverage to increasing gold price
 
Cash in treasury
 
Yukon is a mining friendly jurisdiction
 
Blue Sky Potential
 
Experienced Management Team