Mining

Victoria Gold exceeds output guidance in 2021

“Covid-19 has had a significant impact on Eagle operations in 2021, but our team has been very innovative adjusting to conditions, and we achieved record annual gold production in 2021,” CEO John McConnell stated in a news release.

The Eagle gold mine is part of Victoria’s 100%-owned Dublin Gulch property in central Yukon Territory, approximately 375 km north of Whitehorse.

The property covers an area of approximately 555 sqkm and is the site of the company’s Eagle and Olive gold deposits, which combine for 4.7 million gold ounces in measured and indicated resources.

Eagle is Yukon’s newest operating gold mine, having achieved commercial operations on July 1, 2020. It is expected to produce over 200,000 ounces of gold per year for 11 years.

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