Testing shows cyanide levels near Victoria Gold’s Eagle mine are dropping

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Testing downstream in Haggart Creek – near Eagle – from July 2 showed one trace detection of cyanide in one sample measuring 5.7 parts per billion cyanide, Victoria said on Friday, its third news release since the accident. Other samplings found no cyanide.

Operations were suspended at Eagle, Yukon’s only producing gold mine, after the company reported on June 24 that a failure at its heap leach pad caused an accident and spill that damaged some infrastructure. Victoria shares plunged more than 85% during the last week of June. The company’s market cap is now C$57.5 million. The mine is about 375 km north of Whitehorse.

Yukon government representatives said in a media briefing on Thursday that the risk to human health from potential cyanide exposure in Haggart Creek and the McQuesten River is low.

“Last Friday, we received another test result from Haggart Creek, two kilometers downstream from the mine. No cyanide was…

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