Victoria Gold is excited about the first gold pour at Canada’s next gold mine
The Eagle Gold Mine will produce doré from a conventional open pit operation with a three-stage crushing plant, in-valley heap leach and carbon-in-leach adsorption-desorption gold recovery plant. The Company currently has year-round road access to the site, and a fully operational 250-person all-season camp on site. Commercial grid power is available approximately 45 km by road from the site. In addition, an airstrip suitable for commercial planes is located 80 km to the south.
“The mine will produce 200,000 ounces of gold per year at an all-in sustaining cost of less than 750 per ounce”, says John McConnell, CEO & President. “This little company will be cash flowing over 100 million U.S. dollars per year”.
About Victoria Gold
Victoria Gold Corp. is a leading gold exploration and development company. The Company’s Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold. The Eagle Gold Project is currently under construction and when in production will produce ~200,000 ounces of gold annually at an operation cost of approximately $550 per ounce. The Project is permitted for construction and operations.
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