Toronto, ON / May 12, 2022 / Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company” - https://www.commodity-tv.com/ondemand/companies/profil/victoria-gold-corp/) is pleased to announce its first quarter 2022 summary financial and operating results.
The Company uses certain non-IFRS performance measures throughout this news release. Please refer to the “Non-IFRS Performance Measures” section of this news release for more information. All currency figures are Canadian $ unless stated otherwise.
This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2022 and 2021, available on the Company’s website or on SEDAR.
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First Quarter 2022 Highlights |
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Gold produced | 24,358 ounces |
Average gold price realized | US$ 1,838 |
Revenue | US$ 46,950,612 |
Gross Profit | US$ 20,766,149 |
