Make Kitco Your Homepage

Victoria Gold ups production

Kitco News

Victoria Gold (TSX-V:GCX) said today its Eagle’s August production was 20,744 ounces of gold, a 65% increase from the same period of 2020.

Last year the Yukon mine was facing some operational issues, as well as affects from COVID-19.

"The Eagle Gold Mine produced a record 20,744 ounces gold in August with more than 1 million tonnes of ore stacked on the heap leach pad in each of July and August, setting the stage for strong Q3 operational performance.” stated John McConnell, President & CEO. “Additionally, exploration remains in full swing and we look forward to providing results in the near future.”

When announcing its Q2 last month Victoria Gold predicted that its 2021 gold production would be heavily weighted to the second half of 2021. Guidance was estimated at 180,000 ounces to 200,000.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.