Eagle Gold Mine: The Second Yukon Gold Rush
The second Yukon Gold Rush has started! The largest gold mine in Yukon history is on schedule to start production in 2019. When in operation, Victoria Gold’s Eagle Mine will produce two hundred thousand ounces of gold annually and have close to four hundred employees.
Victoria Gold Corp. is a leading gold exploration and development company. Its Eagle Gold Project in Yukon Canada holds a permission for construction and operation. It hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold (123Mt @ 0.67 g/t).
The expected production of 200,000 ounces of gold annually will cost about $550 per ounce.
Victoria’s shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in the Yukon Territory.
Victoria Gold holds a strong cash position which enables the Company to advance Eagle development on a value add basis as they continue construction and near operations.
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