Victoria Gold’s Eagle Gold Mine Development Reaches Milestones, Canada
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Victoria Gold Corp. has released an update on the construction of its Eagle Gold Mine.
The mine is 60 percent complete and remains on track for delivery of first gold in H2 2019. Earthworks are substantively complete. Concrete works are 93 percent complete with 8,500m3 poured to date and will wrap up by year’s end. Structural steel is 32 percent complete and progressing well at all areas. Mechanical contractors have mobilized to site and equipment is currently being installed in the gold recovery plant and the secondary & tertiary crushing facility.
The site community of approximately 450 people has established a strong health, safety and environmental culture. 950,000 construction hours have been spent with over 600,000 hours and counting since a lost time incident.
“There is a tremendous team of people on site with over 25 contractors fully engaged to transform the Eagle Gold Project into the Eagle Gold Mine. The progress to date is impressive and we have the construction and operations teams in place to deliver Canada’s next gold mine,” said John McConnell, president & CEO.
Current activities on site are focused around the crushing, heap leach and gold recovery facilities.
SITE INFRASTRUCTURE, INCLUDING GRID POWER
Site infrastructure - including a 450 person camp, offices, laydown areas, warehouses, workshops, water control pond and incinerator are now commissioned and in use. The construction of the power infrastructure, which includes two sub-stations and a 45km 69kV powerline from the Yukon electrical grid to site, are all on schedule to deliver power in Q2 2019. The on-site 5MW power plant will be assembled and commissioned in Q1 2019.
CRUSHING AND CONVEYING
At the primary crusher building, structural concrete is now complete and the facility has been handed over to the structural steel team. The secondary & tertiary crushing facility internal steel is over 40 PERCENT complete and the mechanical team have installed the secondary & tertiary crusher frames. The right-of-way for the overland conveyor, which takes the crushed ore 1.4km across the valley to the heap leach facility (HLF), is prepared for conveyor construction to commence in Q1 2019.
HEAP LEACH PAD AND GOLD RECOVERY PLANT
The four-layer liner system and solution piping for the sump of the heap leach pad is nearing completion. Earthworks on the event pond is approaching completion and liner will be installed in the spring of 2019. The gold recovery plant is well ahead of schedule and is now fully enclosed with all 10 carbon columns in place with the overhead crane, commissioned and in use, actively placing internal steel and plant equipment.
PRE-PRODUCTION MINING
Development of the main haul road into the open pit is scheduled to commence in Q1 2019. Production benches and access to ore will be ready in Q2 2019, in advance of commissioning of the crushing and conveying systems. The Company’s primary mining fleet of hydraulic shovels, production drills and 150 tonne haul trucks have been assembled and commissioned on site and are ready for mine operations.
OPERATIONS TEAM
Victoria continues to rapidly advance recruitment of the operations team, with the management team now in place and key supervisors and operators currently being on boarded. Additionally, the commissioning team has been fully established and are now integrating with the construction team to prepare for commissioning of key facilities starting in Q2 2019.
About Victoria Gold
Victoria Gold Corp. is a leading gold exploration and development company. The company’s Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold (123Mt @ 0.67 g/t). The Eagle Gold Project is currently under construction and when in production will produce ~200,000 ounces of gold annually at an operation cost of approximately $550 per ounce. The project is permitted for construction and operations. Victoria’s shareholders are well positioned to participate in a highly leveraged gold play and construction of the largest gold mine in Yukon History.
To stop by Victoria Gold’s website, CLICK HERE
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