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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 KenoHillYTon Nov 14, 2024 2:03pm
55 Views
Post# 36313225

Now it's being said VG was high risk - Casino is now listed

Now it's being said VG was high risk - Casino is now listedSo there's a call for a public enquiry, fine, just do it.

"Such an inquiry can examine the systemic issues that led to this disaster and past failed mines in Yukon. It can inform the decision process for the proposed Casino Mine northwest of Carmacks. That company plans a heap of gold ore for cyanide treatment 2.3 times larger than Eagle Mine’s heap"


Hindsight is a wonderfull thing.

"Victoria Gold embarked on this high-risk operation without enough emergency storage or treatment capability for the cyanide solution. In 2020 and in 2022 inspectors warned Victoria Gold that more storage and treatment capacity are needed. The mine didn’t follow the recommendations and the Yukon Government didn’t enforce them."

 
The real question is why did the later inspections not result in a full tilt stop of operation untill corrected?  Simple VG  was to be a major contributor to the economy.  If the mine did in fact not follow recommendations, there are many regulations that could have kicked a full tilt stop into action right now, until corrected.  Just look what happend when fisheries got involved.  That was when the hammer dropped.

It wouldn't be surprising if the end of the "independant review' results in an report citing overly complex under engineered, overly complex reliance on tech with way to much belief by the people running hte mine that it was all cool and business as usual.  There are a lot of reviews with this and that and evey other thing but no one had the brass to be blunt and say "Full Tilt Stop", instead lets just keep producing paper.

Basically the data modelling was incorrect or the engineering that depended on the data modelling was incorrect or the tech was not working of sufficient.  In fact some of the requirements where that site observe various tech when in fact it was buried under the heap.  What heck was that?

It could be said that the "consulting phase" that sucked $150m +/- of SH money out of the total $650M +/-  invested was perhaps not good value of  money considering  the Heap Collapsed had a "loss of containment" and is now the evil thing comtaminating the Gulch and Creek with cyanide. 

To this day I am thinking how fortunate the loss of contanment didn't avalanche through the camp, if that would have been the case dead fish and cyanide would have been the least of all the worries.


https://www.yukon-news.com/opinion/letter-call-for-an-independent-public-inquiry-into-the-eagle-gold-mine-heap-leach-disaster-7632991[/url]






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