Dublin Gulch gold property | July 2018 Progress Update | Victoria Gold

Victoria Gold July 2018 Progress Update

Victoria Gold has owned Dublin Gulch gold property located in the central Yukon Territory, Canada. Approximately 375 kilometres north of the capital city of Whitehorse, and approximately 85 kilometres from the village of Mayo. The Property is accessible by road year-round. And located within Yukon Energy’s electrical grid.

The Property covers an area of approximately 555 square kilometres and is the site of the Company’s Eagle Gold Deposit. We are expecting The Eagle Gold Mine to be Yukon’s next operating gold mine. Which includes Proven and Probable Reserves of 2.7 million ounces of gold from 123 million tonnes of ore with a grade of 0.67 grams of gold per tonne.  As outlined in a National Instrument 43-101 feasibility study.

The NI 43-101 Mineral Resource for the Eagle and Olive deposits has been estimated to host 191 million tonnes averaging 0.65 grams of gold per tonne. It contains 4.0 million ounces of gold in the “Measured and Indicated” category, inclusive of Proven and Probable Reserves. And a further 24 million tonnes averaging 0.61 grams of gold per tonne, containing 0.5 million ounces of gold in the “Inferred” category.

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