Victoria Gold provides update on Project 250
Victoria Gold (VGCX) is Leading Yukon’s New Gold Rush. 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. Despite the COVID-19 pandemic, VGCX successfully ramped up the largest gold mine in Yukon history into production. The Reserve is 3.3 million ounces of gold. The deposit is open at depth and along strike. VGCX is currently looking at options to increase production to 250,000 ounces per year in 2023. Exploration potential of the greater Dublin Gulch property is good and includes priority targets Olive-Shamrock, Nugget/Raven and Lynx.
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