zonte metals

was in and out the stock,but for now,i'm still in VIT,
any market depth for us today Gambler...lol..thanks in advance.

GoldnBoy wrote: nice sample, wonder what kind of grade that runs, must be over 1%????

wonder what kind of grades RonS is talking about for zonte to be a major discovery,is he thinking 300m at 1.50% of copper,and btw,the project has to be also an economical one,we mustn't forget that.

ron, I think we will see more exploration results, a PP and then drilling. It could happen pretty fast if the interest is there as it sounds like. Could be drilling before end of October. I think that is when interest will really pick up - when drilling starts, but there could be over flow buying after the PP ??

Too much copper in that to beat out with that fly swatter

nice sample, wonder what kind of grade that runs, must be over 1%????

wow,it's showing lots of copper,let's drill,the next news should be the private placement,any idea what it could be ?

Here is a sample I brought back from Cross Hills, note all the green oxidized copper

Colombia will come back around when we least expect it. These court things can take a long time.

Meanwhile the value also builds at Jest as soon it will be adjacent to a producer.

Victoria Gold Receives C$87.2 Million in Cash from Funding Partners

TORONTO, Sept. 24, 2018 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce that it has received cash as per its financing facilities (See press release “Victoria Gold Announces Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities” dated March 8, 2018).

Orion
On September 21, 2018, Victoria received its first drawdown of US$30 million (approximately C$39.0 million) from Orion Mine Finance (“Orion”) under the subordinated debt facility of US$100 million (approximately C$130.0 million). The Company also has a senior debt facility with Orion for US$75 million (approximately C$97.5 million) which is expected to be drawn in 2019 after the subordinated debt facility has been fully drawn.

Osisko
On September 21, 2018, Victoria received C$14.7 million from Osisko Gold Royalties Ltd. (“Osisko”) under the royalty financing. The entire royalty financing was for C$98 million. The first tranche of C$49 million was received when the definitive documentation was executed on April 16, 2018. The C$14.7 million received on September 21, 2018 is the first drawdown of the C$49 million second tranche. The remainder of the second tranche of the royalty financing will be funded pro rata with the remainder of the Orion subordinated debt facility.

Cat Financial
Additionally, as of September 21, 2018, Victoria has received US$25.8 million (approximately C$33.5 million) from Caterpillar Financial Services Limited (“Cat Financial”) under the equipment lease facility. The remainder of the Cat Financial lease facility, to a maximum of US$50 million (approximately C$65.0 million), is expected to be drawn in 2018 and early 2019.

About the Dublin Gulch Property
Victoria Gold's 100%-owned Dublin Gulch gold property is situated in the central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year-round, and is located within Yukon Energy's electrical grid.

The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle Gold Deposit. The Eagle Gold Mine is under construction and is expected to be Yukon's next operating gold mine. The Eagle and Olive deposits, include Proven and Probable Reserves of 2.7 million ounces of gold from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne, as outlined in a National Instrument 43-101 feasibility study. The NI 43-101 Mineral Resource for the Eagle and Olive deposits has been estimated to host 191 million tonnes averaging 0.65 grams of gold per tonne, containing 4.0 million ounces of gold in the "Measured and Indicated" category, inclusive of Proven and Probable Reserves, and a further 24 million tonnes averaging 0.61 grams of gold per tonne, containing 0.5 million ounces of gold in the "Inferred" category.

flynn wrote: Zonte Metals Provides an update on the Gramalote Target application, Colombia.
June 26, 2016

This was the last news on Colombia, over 2 years ago.
I know all the focus is on newfoundland now, but remember long ago the focus was on Colombia, then it moved to Yukon.

good point,now maybe the focus can be on newfoundland and columbia again.

Zonte Metals Provides an update on the Gramalote Target application, Colombia.
June 26, 2016

This was the last news on Colombia, over 2 years ago.
I know all the focus is on newfoundland now, but remember long ago the focus was on Colombia, then it moved to Yukon.

And CX2 bidding 5,000 at .275. no offers from other platforms, they are probably short 10 to 20k

hoss, we hit 30. here is depth, looked better but Raymond James just showed up at 30. These sellers will be kicking themselves soon!!!