Tuesday, June 2, 2015

Victoria Gold Updates Feasibility Study

Victoria Gold has the Dublin Gulch project in the Yukon. Lots of gold and low grade.

They came out with an update on their feasibility study because essentially the OSC requested that they include after tax economic assumptions.

Which they did.

Conveniently enough, their economic projections are still based off a $1325/oz gold price and a wonderfully hopeful notion that $1.00 CAD = $0.92 USD.

Still, these numbers really help the post tax IRR to cling on to that near 20% level of 18%.

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