Victoria Gold issues new Eagle mine plan, resource estimate update. miningnews
Victoria Gold has issued an updated technical report for the Eagle gold mine, outlining a new life of mine plan together with an increase in mineral resource estimates.
“This increased production is achievable utilizing our existing crushing and conveying circuit and mining fleet,” stated John McConnell, president and CEO, in a news release. “The Eagle orebody continues to reconcile extremely well with our reserve model and gold production is in line with original recovery expectations.”
In addition to confirming the strong production growth, the 2023 technical report also provided new mineral resource estimates incorporating an additional 35 drill holes that were drilled proximal to the Eagle deposit since 2019.
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