Victoria Gold says Eagle mine recovered 29,580 oz. in first quarter

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For the second year in a row, ore was placed on the leach pad throughout the winter. The 2 million tonnes of ore delivered for leaching was in line with the 2.1 million tonnes of 2023.

However, the average grade was 0.63 g/t gold in 2024, compared to 0.86 g/t in 2023. The lower year-over-year grades were related to mine sequencing in the Eagle orebody, the timing of placing stacked tonnes under leach, and lower-than-planned stacking rates in the last quarter of 2023.

Both the Eagle and Olive gold deposits are being mined as part of Victoria’s Dublin Gulch project, located 375 km north of Whitehorse and 85 km from Mayo, Yukon.

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