Eagle Gold Mine in the Yukon is progressing quickly | Victoria Gold

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Victoria Gold has owned Dublin Gulch gold property that is situated in the central Yukon Territory, Canada. That is approximately 375 kilometres north of the capital city of Whitehorse, and approximately 85 kilometres from the village of Mayo. The Property is accessible by road year-round and is located within Yukon Energy’s electrical grid. It covers an area of approximately 555 square kilometers and is the site of the Company’s Eagle Gold Deposit. The Eagle Gold Mine is expected to be Yukon’s next operating gold mine. And, between the Eagle and Olive deposits, it includes Proven and Probable Reserves of 2.7 million ounces of gold. That is extracted from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne, as outlined in a National Instrument 43-101 feasibility study. The NI 43-101 Mineral Resource for the Eagle and Olive deposits has been estimated to host 191 million tonnes. And that averages 0.65 grams of gold per tonne. So it contains 4.0 million ounces of gold in the “Measured and Indicated” category. That is inclusive of Proven and Probable Reserves, and a further 24 million tonnes. And that is averaging 0.61 grams of gold per tonne. So it contains 0.5 million ounces of gold in the “Inferred” category. For more information on Victoria Gold Corp. (VIT.V) please fill out the form below.

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