North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Eagle gold output to rise on new reserves

North of 60 Mining News – December 6, 2019

 

Last updated 9/26/2020 at 11:24am

Victoria Gold Corp.

A truck gets loaded in June with some of the first ore mined at Victoria's Eagle gold mine in the Yukon. The recent increase in reserves is expected to increase gold output and extend the life of this new operation.

Victoria Gold Corp. Dec. 4 announced a 22 percent increase in gold reserves at Eagle, which is expected to translate into increased annual production at the company's newly developed mine in the Yukon.

The Eagle Mine went into production earlier this year with 2.66 million ounces of gold in 123 million metric tons of reserves averaging 0.67 grams per metric ton gold, enough ore for Yukon's newe...



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