Victoria Gold Corp VITFF

The safety beam was to try and mitigate the effects

[KenoHillYT]

should another "loss of containment" happen, especially for "the camp" and the present water monitoring stations? Right? Maybe?


Some things just don't make sense, for instance "lets keep saturating the HEAP and run water though it as is current practice"?  Sounds like the recirculating of water is to make up for the lack of storage for polluted water?

So here's the choice stop recirc. and stabilze the heap or allow contaminated water to excape, as is already being requested by PWC. 

I would bet the Geo Techs and P. Eng's are already thinking if the remaining heap comes down it just might blow through the berm? 

The current cubes that blew through the toe and down Haggert are miniscule in relation to what is hanging up there?  That said the last thing that should be relied upon is any forcasting by "data modelling and tech", this has proved to not be able to stop the current "loss of containment" incident.  It would be shocking if indeed any HEAP process were approved for any new mine licenses in the future.


So far $50,000,000 +/-  has been expensed; which begs the question why is the current effort being concentrated in an area it could be in harms way from another collapse by the recirc of liquid on the remaining heap?

Better to pull back and regroup out of harms way in case of a another "loss of containment" this time caused by the current process of remediation? 

The next $55,000,000 tranche requested will get the effort through to Spring and by mid-year the long awaited independent report will be submitted.  One can imagine after that another $55,000,000 request and by that time we will have reached the magical $150,000,000 estimate made within the first weeks of the incident.

As an aside to be clear this is not in any way to minimize the efforts made by people on site. 

But to anyone thinking that this mine will re-open mid 25 may want to reconsider. 

If it ever does re-open it will not be with another heap but may end up as a smaller operation with a contained process in place with YTG (taxpayers) losses made up over time? 

An estimate was made of $250m to get the mine operational after the collapse and it is appearing that perhaps the money would have been put  better us? 

As long as there was a chance to mitigate losses by all parties concerned including SH's money could have been raised.  It's really not that hard as there are still investors/SH's pouring millions into the economy every year to explore and poke holes.

Time will tell if the current actions by YTG were based on what was best for The Yukon or if something else was afoot?

https://www.aptnnews.ca/national-news/yukon-gold-mine-at-risk-of-cyanide-discharge-says-company-managing-clean-up/