Eagle Gold

Project Overview

Victoria Gold Corp is developing the Eagle Gold Project located approximately 45 km north of the community of Mayo, 350 km north of Whitehorse, Yukon in the traditional territory of the Na-Cho Nyak Dun First Nation. The Eagle deposit will provide 116 million tonnes (Mt) of ore while the Olive deposit will provide 7 million Mt for a total of 123 Mt for an overall 0.95:1 strip ratio. Production throughput will be an average of 12.5 Mt per annum at 0.73 g/t of ore over a 10-year mine life. Gold will be extracted from the ore into a solution by heap leach processing using two heap leaching pads (HLPs).

Project Scope

JDS completed a Feasibility Study which was published in 2016 illustrating an NPV5% of $509 M and an after tax IRR of 29.5%. JDS was subsequently engaged to design and construct the Project including the following process facilities; 3 stage crushing plant with a 50” x 65” primary gyratory crusher and secondary and tertiary crushing (4 x MP1250 hp), 1.3 km 42” overland conveyor, Phase I of the Heap Leach Facility (160,000 m2), and an 2,000 m3 per hr ADR plant (absorption, desorption and refining). JDS also managed construction of the 46 km 69 kV powerline, substation, access road upgrades, camp expansion to 450 beds, water management structures and site access roads.

Victoria Gold Corp.

Yukon Territory