Gold bar finally poured after 'blood, sweat and tears'
(Kitco News) - Victoria Gold was able to simulcast its first gold pour at its Eagle Mine yesterday.
"After all the blood, sweat and tears required to explore, develop, permit, finance and build a gold mine in Canada's north, it is extremely gratifying to pour the first gold bar at Eagle," stated John McConnell, President & CEO, in a news release. "With this key milestone behind us, we are focused on building ore on the heap leach pad and exceeding expectations for all our stakeholders."
The company unveild an inaugural gold bar, poured by Yukon Premier Sandy Silver, that weighed in at 1,001 ounces gold.
McConnell said ramp up of mine operations will continue.
The Eagle and Olive deposits, located approximately 375 kilometers north of the capital city of Whitehorse, include 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.