Eagle Gold Project

The Eagle Gold Project shows the ideal 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 near to hydroelectric power and is in a progressive mining friendly jurisdiction.

Mineral Reserves

In September 2016Victoria Gold Corp released the results of a National Instrument 43-101 feasibility study for its 100% owned Eagle Gold Project.

Probable Mineral Reserves are the economically minable portions of the Indicated in-pit Mineral Reserves as demonstrated by the feasibility study.

Type Ore (M/t) Diluted Grade (g/t) Contained Gold (K oz) Contained Gold % of Total
Eagle Proven 27 0.80 688 26
Eagle Probable 90 0.62 1,775 67
Total Eagle 116 0.66 2,463 92

Location & Infrastructure

Location and InfrastructureThe Eagle Gold Project is situated within Victoria's Dublin Gulch property, located in the Mayo Mining District of Central Yukon Territory, Canada. It is located approximately 85 kilometres (km) north-northeast of the village of Mayo and is centered at latitude 64º 2' N and longitude 135º 50' W.

 

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