The mining newspaper for Alaska and Canada's North
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Victoria Gold Corp. April 7 reported that its Eagle Mine in the Yukon produced 24,759 ounces of gold during the first quarter, down about 10% from the 26,759 oz produced during the first three months of 2021. The company attributes the drop to periods of exceptionally cold weather over the Yukon winter that impacted gold production. Gold production at heap leach operations such as Eagle lags behind mining, crushing, and ore stacking. With the operational plan over the past...
Victoria Gold Corp. sees outsized benefits from a relatively small investment into Project 250, a strategy to increase production at its Eagle Gold Mine in the Yukon to 250,000 ounces during 2023. "Project 250 represents a significant near-term, low-cost opportunity to increase annual gold production at Eagle," said Victoria Gold President and CEO John McConnell. A scoping study completed by Victoria details plans to incorporate an intermediate scalping screen that will...