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 2.3 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 $600 per ounce. The Project is fully 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.
Victoria Gold Corp.'s primary focus given the current market conditions is to preserve shareholder value. Victoria Gold holds a strong cash position which enables the Company to evaluate and take advantage of accretive M&A opportunities.