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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 mdjbrownon Jul 21, 2024 10:28am
156 Views
Post# 36141677

Narrowing down the cast of characters

Narrowing down the cast of charactersThe third party engineering firm who was hired to inspect the Eagle Mine site in 2022 set out several key recommendations in a report following their inspection, and it will be interesting to see who authorised what on whose authority after receiving those recommendations.

The company has already publicly reported the stacking rate was not capped at 275 days at 39,154 tpd, so who authorised the increased volume of ore being stacked on the HLP. 

That is an additional 90 days or 3 months of additional stacking at almost 40,000 tpd above licensing authorization.

Follow the paper work and you shall find the answer .....................


 “4. Discussion Points – Operations (Section 7) 4.1. Ore Stacking Plan (OMS Section 7.2) This section states that ore will be stacked at “39,154 tonnes/day thereafter for 275 loading days, or more, per year.” QML-0011 (Section 9.6) sets the maximum 12-month average stacking rate at 29,500 tonnes per day (tpd), which is consistent with the limit set by Clause 9.6 of QML-0011.

At an actual stacking rate of 39,154 tpd the loading period is thus capped at 275 days.”


Recommendations: 4.1: Reconcile the water balance model updates with the stacking rate and period set forth in the OMS and the limitations of QML-0011 Section 9.6. Clarify the relationship between daily ore stacking rate and stacking days per year to be in compliance with QML-0011 Clause 9.6.
 
https://emr-ftp.gov.yk.ca/emrweb/COMM/major-mines/eagle-gold/Eagle%20Gold%20Heap%20Leach%20Facility%20And%20Cyanide%20Management%20Review.pdf

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