Why Invest in Victoria Gold?

  • Fully financed through to commercial production
    • Strong strategic partners in Orion Mine Finance, Osisko Gold Royalties and Caterpillar Financial Services
  • Fully permitted, in construction project located in a low risk geopolitical jurisdiction
    • $40 million Phase 1 work program was completed in November 2017 and included key de-risking milestones such as detailed engineering, camp expansion, earthworks, and road upgrades
    • Phase 2 construction is expected to begin in April 2018
  • High-quality, low-cost operation with first gold expected in H2 2019
    • Canada's next producing gold mine
    • Average annual production of approximately 200,000 oz/year at cash costs < US$550/oz
    • AISC Cost, including royalties, of < US$720/oz
  • District scale exploration
    • Potential to deliver meaningful upside to Eagle
    • Exploration has been limited, given focus on Eagle and market conditions
    • Recently completed highly successful 2017 exploration program which identified a number of highly prospective targets
  • Management team with successful mine development track record
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