Canadian Mining Journal

Victoria Gold Corp

  • News

    Victoria’s Eagle mine to produce 180,000 to 200,000 oz. this year

    March 1, 2021 by Canadian Mining Journal Staff

    Newly minted producer Victoria Gold (TSX: VGCX) has released guidance for its first full year of commercial production – the Eagle gold mine in central Yukon achieved commercial production on July 1. In 2021, Eagle is expected to generate 180,000

  • Victoria Gold’s new credit facilities expected to lower carrying costs in 2021

    January 5, 2021 by Trish Saywell

    Victoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200-million debt facility will cut carrying costs by about 50% in 2021. The credit facility consists of a US$100-million term loan and a US$100-million revolving

  • News

    Victoria Gold reports initial results from Lynx target at Dublin Gulch

    December 8, 2020 by Canadian Mining Journal Staff

    Producer Victoria Gold has released its first exploration results from the Lynx target, which lies along the Potato Hills trend within its flagship Dublin Gulch gold property, also host to the Eagle gold mine. The company says the results suggest

  • News

    Victoria Gold’s John McConnell on launching a mine during a pandemic at the Global Mining Symposium

    November 23, 2020 by Carl Williams

    Victoria Gold (TSXV: VGCX) commenced production at its Eagle heap-leach mine in the Yukon on July 1 – perhaps the only new gold mine in the world to launch in the midst of a global health crisis. “It’s going reasonably

  • News

    MINING PEOPLE: BHP, Canadian Goldcamps, First Cobalt, Teck, Treasury, Zanzibar

    August 20, 2020 by Magda Gardner

    Management appointments announced this week include: BHP has announced changes to its executive leadership team: these include the appointment of Ragnar Udd to the president of Minerals Americas role, effective Nov. 1. Udd is currently BHP’s acting chief technology officer. Grant

  • News

    GOLD: Victoria repays US$10M of secured credit facility

    August 5, 2020 by Canadian Mining Journal

    YUKON – Victoria Gold made a US$10-million early unscheduled repayment of interest and principal towards its US$100-million senior secured credit facility. The facility was fully drawn as of the end of March and the company made its first, US$7.1-million principal

  • News

    GOLD: Victoria to produce 85,000 to 100,000 oz. of gold in H2 of 2020

    July 14, 2020 by Canadian Mining Journal

    YUKON – After declaring commercial production at the Eagle mine earlier this month, Victoria Gold has provided production guidance for the second half of this year – it expects to generate 85,000 oz. to 100,000 oz. of gold in the

  • News

    GOLD: Victoria’s Eagle mine achieves commercial production

    July 2, 2020 by Canadian Mining Journal

    YUKON – Victoria Gold’s Eagle gold mine reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage of the mine life are now complete and, according to Victoria, the mining

  • News

    GOLD: Victoria continues to ramp up Eagle

    June 3, 2020 by Canadian Mining Journal

    YUKON – Victoria Gold’s Eagle gold mine has produced 25,068 oz. of gold from the start of this year until the end of May, and is expected to achieve commercial production at the end of the second quarter or early

  • News

    GOLD: Banyan releases maiden resource for AurMac in the Yukon

    May 25, 2020 by Canadian Mining Journal

    YUKON – Banyan Gold has released a maiden resource estimate for the 92.3-sq.-km AurMac property (previously Aurex-McQuesten) within the Mayo mining district. The pit-constrained inferred resource is made up of the Airstrip and Powerline deposits and totals 52.6 million tonnes

  • GOLD: Victoria raising $5M in flow-through financing

    February 10, 2020 by Canadian Mining Journal

    TORONTO – As it ramps up the Eagle gold mine in the Yukon, Victoria Gold has announced a $5 million flow-through financing, intending to issue 572,659 flow-through shares at $8.73 each. It has the option, exerciseable until closing, of issuing

  • News

    GOLD: Banyan Gold extends Airstrip strike at Aurex-McQuesten

    January 6, 2020 by Canadian Mining Journal

    YUKON – Banyan Gold has released diamond drill results from the Airstrip target at its 92-sq.-km Aurex-McQuesten project which increase the zone’s strike length to over 1 km. Drill highlights include: 76.9 metres of 0.61 g/t gold starting at 3