(Kitco News) – Victoria Gold was in a position to simulcast its first gold pour at its Eagle Mine yesterday.
“After all of the blood, sweat and tears required to discover, develop, allow, finance and construct a gold mine in Canada’s north, this can be very gratifying to pour the primary gold bar at Eagle,” acknowledged John McConnell, President & CEO, in a information launch. “With this key milestone behind us, we’re targeted on constructing ore on the heap leach pad and exceeding expectations for all our stakeholders.”
The corporate unveild an inaugural gold bar, poured by Yukon Premier Sandy Silver, that weighed in at 1,001 ounces gold.
McConnell mentioned ramp up of mine operations will proceed.
The Eagle and Olive deposits, positioned roughly 375 kilometers north of the capital metropolis of Whitehorse, embrace confirmed and possible reserves of two.7 million ounces of gold from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne.
Disclaimer: The views expressed on this article are these of the creator and should not replicate these of Kitco Metals Inc. The creator has made each effort to make sure accuracy of data offered; nevertheless, neither Kitco Metals Inc. nor the creator can assure such accuracy. This text is strictly for informational functions solely. It isn’t a solicitation to make any alternate in commodities, securities or different monetary devices. Kitco Metals Inc. and the creator of this text don’t settle for culpability for losses and/ or damages arising from using this publication.