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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

Comment by crazytimeson Jul 04, 2024 2:50pm
124 Views
Post# 36118579

RE:These government guys really need to get there act together

RE:These government guys really need to get there act togetherThanks MDJ... What the...... heres a news release hot off the press?????? How is this even possible????? 

Yukon minister says cyanide found in creek near mine spill, after firm issues denial

 

By The Canadian Press

MAYO, YUKON — Yukon’s mining minister says elevated levels of cyanide have been detected in a waterway after an equipment failure and slide of ore at Victoria Gold’s Eagle Mine last week.

The announcement by John Streicker comes hours after the company issued a statement saying it had detected no cyanide in surface water after the slide.

Streicker has told a briefing that elevated cyanide levels of about 40 parts per billion were collected in a creek, a level higher than the allowable five parts per billion, and which “could potentially affect fish.”

He says the First Nation of Nacho Nyak Dun was immediately informed that after the results came in last night.

 

Streicker says whether the cyanide actually affects fish will depend on other chemicals in the water.

Victoria Gold had earlier issued a statement saying surface water quality sampling at multiple points downstream of the mine located about 500 kilometres north of Whitehorse had “not detected any cyanide” since the June 24 failure.

The failure occurred at a heap-leach facility, which uses a cyanide solution to percolate through crushed ore and extract gold.

Victoria Gold also said in its statement that it had received notices of default from its lenders under a 2020 credit agreement.

It said production remained suspended and its previous 2024 production and cost forecasts had been retracted.

This report by The Canadian Press was first published July 4, 2024.

 

The Canadian Press


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