Victoria: First Gold Pour At Eagle Mine Targeted For September - Kitco News

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Construction of Victoria Gold Corp.’s (TSXV: VIT) Eagle Mine is 95% complete and the first gold pour is expected in September, the company said. Officials described commissioning as are well under way, with 46 of 88 subsystems turned over from construction to commissioning. The original schedule had the first ore delivery to the heap leach pad in August, but the company said it may beat this schedule by nearly a month, with first ore reporting to the heap leach pad during the first half of July. By doing so, the company said it is targeting a first gold pour in September. "Construction of the Eagle Gold Mine is nearing completion ahead of schedule and the operations team is ready to take advantage by advancing additional ore delivery to the heap leach pad in 2019,” said John McConnell, president and chief executive officer. “With gold approaching an all-time high in Canadian dollar terms, 70% of our costs in Canadian dollars, and first gold production in September, Victoria is perfectly timed to become Canada’s next gold producer.”

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https://www.kitco.com/news/2019-06-04/Gold-Silver-Mining-Daily-News-Briefs.html

2019-06-04 12:05:00Z
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