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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 18, 2024 6:56pm
98 Views
Post# 36139260

RE:Interesting comment from todays briefing:

RE:Interesting comment from todays briefing: mdj....possibly or possibly if there is no where else to put it, minds well put it back there vs. the alternative for now. Since the cyanide should be degrading it might be helpful rather than letting it all run off. It might be like pumping between two leaky buckets to keep some containment if other options are full or not available.
 as for it being speculation that the liner was damaged..... what about the company news release on the matter which I have posted below???? Just my opinion 

 

Victoria water sampling shows trace of cyanide at Eagle

2024-07-12 09:13 ET - News Release

Mr. John McConnell reports

VICTORIA GOLD: UPDATE ON EAGLE GOLD MINE

Victoria Gold Corp. has provided a further update on the heap leach facility (HLF) incident that occurred at the Eagle gold mine on June 24, 2024 (see company news releases dated June 24, 2024, and July 4, 2024).

Victoria's focus continues to be on the safety of its employees and mitigation of harm to the environment. As previously reported, the company has continued and will continue to liaise with the government of Yukon, the First Nation of Nacho Nyak Dun (FNNND), the Village of Mayo, the Yukon Workers' Safety and Compensation Board, and other regulatory authorities.

Mitigation

With respect to environmental mitigation, as previously disclosed, within hours of the incident, a pumping system was established to return water from the HLF material to lined containment ponds. Diversion systems have also been installed for the management of both non-contact and contact water and material.

Water sampling

Victoria is actively sampling water daily from multiple sample locations at the Eagle mine. Several of these sample locations are located downstream from the location of the HLF incident. Final results received subsequent to the company's news release dated July 4, 2024, showed one trace detection of cyanide in one of the downstream sample results from Haggart Creek collected on July 2, 2024, with the sample measuring 5.7 parts per billion total cyanide. Prior to July 2, 2024, and subsequently on July 3 and July 4, 2024, samples collected at this sample location did not detect any cyanide.

Other than this one sample, there has been no other detection of cyanide in final results at any of the water quality objective sampling locations received as of July 10, 2024, by the company, which include samples collected up to July 4, 2024. For further clarity, as of July 4, 2024, based on final sampling results received by the company, the company has not exceeded its downstream water quality objectives pursuant to its water use licence.

Heap leach facility and infrastructure

Since the start of production, approximately 38.9 million tonnes of ore have been stacked on the HLF. Based on an independent survey of the HLF, the company estimates that approximately four million tonnes of ore, representing about 10 per cent of the total ore tonnes within the HLF, moved during the HLF incident. Of this four million tonnes, the company estimates that approximately half, or two million tonnes of ore, representing about 5 per cent of the total ore tonnes within the HLF, moved beyond the HLF embankment. The company has developed a plan to stabilize the HLF, which is under review by an independent third party.

The majority of on-site infrastructure was not affected by the HLF incident. The Eagle open pit, associated mining infrastructure and mobile equipment, primary crusher, secondary and tertiary crushers, main overland conveyor, ADR (adsorption/desorption/recovery) plant, lined water containment ponds, water treatment plant, warehouse facilities, and camp and office complex were unaffected by the incident. Based on observations to date, on-site infrastructure on or near the HLF that has been impacted includes the HLF embankment, piping, pumping, liner, two short lengths of fixed conveyors as well as a small amount of electrical infrastructure.

Root cause analysis

Investigations are under way to determine the cause of the incident. The company has engaged with its engineer of record for the HLF and is co-operating with third party technical experts retained by the Yukon government and the FNNND.

Production operations remain suspended and may not restart without authorization from the Yukon Director of Mineral Resources. Victoria will continue to work to minimize impacts to the environment, with the safety of employees as a foremost priority. There can be no assurance that the company will receive authorizations necessary to restart production or that the company will have the financial resources necessary to repair damage to equipment and facilities or remediate impacts caused by the incident or restart production. The company will provide further updates in due course.

Qualified person

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