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Victoria Gold Corp VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


GREY:VITFF - Post by User

Post by phoenix_traderon Jun 26, 2024 8:11pm
539 Views
Post# 36108093

Yukon government update

Yukon government updatePublished 26/06/2024

Minister of Energy, Mines and Resources John Streicker has issued the following statement:

“The Government of Yukon is closely monitoring the situation at the Eagle Gold mine, following the failure of the heap leach facility on Monday, June 24.

“We had a variety of staff on site shortly after the failure occurred. Our mineral resources staff are helping to review the company’s plans for next steps to address the environmental and safety risks of the failure. Natural resource officers are assessing the site’s compliance with the terms and conditions of the mine’s licences. The Yukon Workers' Safety and Compensation Board has also visited the site to help ensure worker safety.

“The company moved quickly following the slide to build dams to hold back contaminated water. This water is being pumped into storage ponds. Natural resource officers are monitoring water on site, and the Department of Environment continues to operate long-term water quality monitoring stations upstream and downstream of the mine.

“It’s too early to speak to the cause of the heap leach failure. What’s clear at this point is that the failure involved a slide of the ore stacked in the heap leach facility. The slide caused ore to spill over the embankment at the base of the heap facility. The slide appears to have damaged some mine infrastructure.

“We’re thankful to hear that the Victoria Gold has indicated no workers were reported as harmed by the slide. The company has voluntarily ceased operations while investigations are underway.


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