“At this early stage, it can be confirmed that there has been some damage to infrastructure and a portion of the failure has left containment,” Victoria said. “There have been no injuries to personnel associated with the incident.”
Shares in Victoria Gold plunged 85% to C$1.05 apiece in Toronto on Tuesday, valuing the company at C$73.1 million. They’ve traded as high as C$9.45 over the past 52 weeks.
Satellite images
The failure is 1.3 km long, according to satellite images by San Francisco-based Planet Labs shown by The Landslide Blog, a world leader in landslide analysis.
“Judging by the satellite image, the landslide is large – about 1,430 metres from crown to toe (along the landslide track) and a maximum of about 370 metres wide,” blogger Dave Petley says in a posting that compares before and after satellite photos.
Petley, vice-chancellor of the University of Hull in the United Kingdom, is widely…
