VITFF - Victoria Gold's First Quarter Of Commercial Production Brings Some Disappointments

• Victoria Gold produced only 35,312 toz gold at an AISC of $1,315/toz in Q3, its first full quarter of commercial production at the Eagle gold mine.
• The H2 2020 production an cost guidance was revised to 72,000-77,000 toz gold at an AISC of $1,175-1,275/toz.
• Victoria is working on modifications that should help to reach the originally projected production and cost levels in the future.
• The exploration activities provide good results, especially the Raven zone looks very promising.
• The chart shows that further share price weakness should be expected in the near future.

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