Victoria Gold Corp. is pleased to provide an update on the construction of the Eagle Gold Mine. The mine is 60% complete and remains on track for delivery of first gold in H2 2019. Earthworks are substantively complete. Concrete works are 93% complete with 8,500m3 poured to date and will wrap up by year’s end. Structural steel is 32% complete [...]
Victoria Gold Corp. is pleased to report the assay results from the first hole received from the Nugget Zone tested during the 2018 Dublin Gulch exploration program. The newly discovered Raven Target was the prime focus of Nugget Zone exploration representing the previously un-tested southeastern contact margin of the Nugget intrusive stock. The [...]
Victoria Gold Corp. “Victoria” or the “Company” is pleased to announce that it has received cash as per its financing facilities . Orion On September 21, 2018, Victoria received its first drawdown of US$30 million from Orion Mine Finance under the subordinated debt facility of US$100 million . The Company also has a senior [...]
Victoria Gold Corp. “Victoria” or the “Company” is pleased to provide a construction update for the Eagle Gold Project, Yukon Canada. Full construction commenced on March 15, 2018 with first gold pour scheduled for the second half of 2019. Overview of Site Primary Crusher Secondary/Tertiary Building Gold Recovery Plant Heap [...]
Victoria Gold Corp. The Board of Directors of Victoria Gold Corp. has granted 4,020,000 options to employees, consultants, directors and officers of the Company. The option grant is in connection with the addition of an officer, two new directors and numerous new employees as the Company continues to build its operations team while constructing the [...]
TORONTO, July 18, 2018 -- Victoria Gold Corp. “Victoria” or the “Company” is pleased to announce that the 2018 Dublin Gulch exploration campaign is well underway. This season’s exploration activities are supported by satellite camps that have been built to allow exploration to proceed without impact to the on-going [...]
TORONTO, June 18, 2018 -- Victoria Gold Corp. is pleased to announce the addition of two experienced and respected mining professionals, Sean Roosen and Jacques Perron, to its Board of Directors representing our two new strategic investors, Osisko Royalties and Orion Resource Partners respectively. “We are excited and fortunate to welcome two [...]
TORONTO, May 28, 2018 -- Victoria Gold Corp. is pleased to present a suite of pictures from the Company’s Dublin Gulch property. The Dublin Gulch property hosts the Eagle Gold deposit which is fully financed and under construction. The Eagle Gold Mine’s first gold pour is scheduled for the second half of 2019, is expected to produce [...]
TORONTO, May 24, 2018 -- Victoria Gold Corp. “Victoria” or the “Company” is pleased to provide a construction update for the Eagle Gold Mine Project , Yukon Canada. Full construction commenced March 15, 2018 with completion and first gold pour scheduled for the second half of 2019. "The successful construction program [...]
TORONTO, May 14, 2018 -- Victoria Gold Corp. is pleased to report that the Company has entered into a gold price protection program with Macquarie Bank Limited. The objective of the Hedging Program is to mitigate the risk associated with adverse fluctuations and volatility in the price of gold during the critical early years of operation and debt [...]
TORONTO, April 16, 2018 -- Victoria Gold Corp. “Victoria” or the “Company” is pleased to announce that it has finalized and executed definitive transaction agreements with Orion Mine Finance , Osisko Gold Royalties Ltd. and Caterpillar Financial Services Limited with respect to the previously announced construction financing [...]
TORONTO, March 08, 2018 -- Victoria Gold Corp. “Victoria” or the “Company” is pleased to announce that it has entered into documentation with Orion Mine Finance , Osisko Gold Royalties Ltd. and Caterpillar Financial Services Limited with respect to a construction financing package totalling approximately C$505 million in [...]