VITFF - Victoria Gold: The Largest Gold Mine in Yukon History
The Eagle Gold Mine
The company’s 100% owned Eagle Gold Mine in central Yukon poured it’s first gold in Q3/19 and achieved commercial production on July 1, 2020. Eagle is an open-pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse.
The Eagle Gold Project has an enviable combination of significant mineral endowment, a desirable location with existing infrastructure and a strong, experienced management team. Historically, the Yukon has been a productive region for gold and this property contains a constrained in-pit resource of Measured and Indicated Mineral Resource 3,6 million ounces of gold (180 million tonnes grading 0.63 g/t) with an industry low waste-to-ore ratio of < 1:1 and metallurgical characteristics favourable to lower-cost heap leach processing. The project has good road access, is connected to grid power and is in a progressive mining friendly jurisdiction.
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