Victoria Gold on the CBC

Victoria Gold, V.VIT, gold, Yukon, John McConnell, CBC

A 500 million dollar mine is big news. Big enough to rate a mention on the CBC.

“Closing a $505 million deal with investors was tough, but the president of Victoria Gold, John McConnell, says persistence paid off.

Orion Mine Finance, Osisko Gold Royalties Ltd., and Caterpillar Financial came up with the bulk of the financing needed to move the Yukon’s next gold mine forward.

Construction began last year, but now Victoria Gold has the cash needed to finish the job.

“It is a very important summer for us, we hope to get 60 to 70 per cent of the construction complete,” said McConnell.”

read the whole thing at the CBC

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