Does this mean we will probably be in business with Newmont? What would that do to the share price?

Below is copied from Victoria Gold website.

Victoria has a minerals lease and sub-lease agreement with Newmont for the Relief Canyon property in terms of which the Company is earning up to a 100% interest the property by completing annual work commitments. Newmont retains a back-in right, which should it be exercised, the property would revert to a 51% Newmont/49% Victoria joint venture with Newmont as the operator.

Looking at the map the only area not under control of these two mines is Firstgolds Mill and direct surrounding area.