Victoria Gold Corp. herein provided updated production and cost guidance for 2021. The Company achieved a record 55,827 ounces gold production in the third quarter of 2021. For the first nine months of the year, the Company produced 114,726 ounces gold. Based on actual production over the first nine months, stacking rates and forecasted gold production, the Company had previously anticipated full year 2021 production to be close to the lower end of the guidance range of 180,000 ounces. During fourth quarter 2021, the Company was delayed approximately 5 weeks in receipt of required driplines used to irrigate the heap leach pad. During this period, ”low flow” driplines were installed as an alternate until the shipment of new driplines arrived. The low flow driplines delivered less leach solution to freshly stacked ore on the heap leach pad than would be anticipated using regular driplines resulting in an extended leach cycle. Freshly stacked ore contains the highest portion of recoverable gold and contributes significantly to gold production for the first 45 days under leach. All low flow driplines have subsequently been replaced and normal leaching has resumed. However, a considerable portion of gold production expected to be recovered in fourth quarter 2021 will now be realized in the first quarter 2022. As such, the Company is now expecting gold production to be up to 10% below previous guidance of 180,000 ounces gold for 2021. As a result of the adjusted production guidance, all-in sustaining cost per gold ounce is expected to be up to 5% above previous guidance of USD 1,175.