Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Production Start | ...  |
| Mine Life | 11.5 years (as of Jan 1, 2021) |
The Company has initiated ‘Project 250’ aimed at increasing the average annual gold production of the Eagle Gold Mine toward 250,000 ounces of gold during 2023. The two primary opportunities to increase production are the scalping of fine ore from the crushing circuit and adjusting the seasonal stacking plan.
Scalping of fine ore is expected to reduce wear and energy requirements as well as increase overall capacity of the crushing circuit. Detailed engineering and procurement of equipment is underway to enable construction to start in H2 2022 to benefit 2023 production. |
| Latest News | Victoria Gold: Eagle Gold Mine Updated Technical Report February 24, 2023 |
Source:
p. 11
The Mine is situated within the Dublin Gulch property, which is a contiguous block of 1,914 quartz claims, 10 quartz leases, and one federal crown grant all of which are under the control of Victoria Gold’s wholly owned, directly held subsidiary Victoria Gold (Yukon) Corp. (formerly StrataGold Corporation).
Contractors
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Deposit Type
- Vein / narrow vein
- Intrusion related
Summary:
The Dublin Gulch property (Eagle Gold Mine) is underlain by upper Proterozoic to lower Paleozoic clastic sedimentary rocks that have undergone regional deformation including Cretaceous age thrust faulting and subsequent granitoid intrusions. Mineralization is associated with granitic intrusive bodies, here described as the Eagle Zone and Olive Zone gold deposits, which are hosted primarily in granodioritic rocks. The gold deposits occur within the Tombstone Gold Belt, located in the eastern portion of the Tintina Gold Province, which also hosts the Brewery Creek deposit and other gold occurrences in the Yukon.
The property is located on the northern limb of the McQuesten Antiform and is underlain by Proterozoic to Lower Cambrian-age Hyland Group metasediments and the Dublin Gulch intrusion, a granodioritic stock. The Dublin Gulch Stock is comprised of four intrusive rock phases, the most significant of which is Granodiorite. The stock has been dated at approximately 93 Mega annum (Ma).
The metasediments are the product of greenschist-grade regional metamorphism. Proximal to the Dublin Gulch Stock, these metasediments have undergone metasomatism and contact metamorphism. A hornfelsic thermal halo surrounds the stock and within the halo, the metasediments have been altered to schist, marble and skarn.
The Eagle and Olive zones belong to the RIRGS class (Reduced Intrusion-Related Gold Systems) of mineral deposits.
The Eagle Zone gold o ........
Summary:
The Eagle Gold Mine comprises the Eagle and Olive deposits which are mined using open pit methods.
Open pit mining will focus on the various Eagle pit phases with the smaller Olive pit coming into production in 2028.
- Year 2019: Completed pre-stripping the Eagle pit and transitioned into production phase.
- Year 2020: First year of full production with heap leach stacking and processing after preproduction and ramp up period have completed.
- Year 2021: Mining in Eagle Phase 1 and 2 will continue with waste stripping of Phase 3 commencing.
- Years 2022-2024: Mining at the Eagle Phase 1 be completed in late 2022, with Phase 2 ending in 2024, while Phase 3 continues over the entire period. ROM material is expected to start hauling to the secondary HLP at the start of 2024.
- Years 2025 to 2027: The primary HLP is expected to reach the crush ore capacity in 2027 and remainder of crush ore is conveyed to the secondary HLP near the Olive deposit.
- Years 2028 to 2031: Mining at Eagle Phase 3 is completed in 2030. The Olive open pit commences in 2028 and is completed at the middle of 2031.
The open pits are designed with 10 m benches in both waste and ore headings with adequate phase geometry to achieve a maximum production rate of 31M t/year. Mining is scheduled to advance sequentially through the pits and various internal phases with several phases active at any one time. Given the required production rate and pit g ........
Source:
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Flow Sheet:
Summary:
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Reserves at December 31, 2021:
Mineral Resources are estimated at a cut-off of 0.15 g/t Au for Eagle and 0.40 g/t Au for Olive.
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven
|
25 Mt
|
Gold
|
0.69 g/t
|
557 koz
|
|
Probable
|
108 Mt
|
Gold
|
0.62 g/t
|
2,145 koz
|
|
Proven & Probable
|
133 Mt
|
Gold
|
0.65 g/t
|
2,702 koz
|
|
Measured
|
33 Mt
|
Gold
|
0.69 g/t
|
729 koz
|
|
Indicated
|
175 Mt
|
Gold
|
0.62 g/t
|
3,463 koz
|
|
Measured & Indicated
|
207 Mt
|
Gold
|
0.63 g/t
|
4,192 koz
|
|
Inferred
|
28 Mt
|
Gold
|
0.63 g/t
|
571 koz
|
| Type | Material | Diameter | Length | Description |
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