Victoria Gold Corp. produced 41,982 ounces gold during the period October 1 to December 31, 2023, the fourth quarter of 2023. Full year 2023 Eagle Gold Mine production was 166,730 ounces of gold. "The Eagle Gold Mine achieved our 2023 production guidance of 160,000-180,000 ounces of gold," commented Mr. John McConnell, President and CEO. "This is a [...]
Victoria Gold Corp. provides its third quarter 2023 summary financial and operating results. Third Quarter 2023 Highlights Gold produced 41,561 ounces Average gold price realized C$ 2,583 Revenue C$ 105,127 Gross Profit C$ 19,899 Income before taxes C$ 10,465 Net Income C$ 5,631 Earnings per share - Basic C$ 0.08 EBITDA C$ 34,637 Free Cash Flow [...]
Victoria Gold Corp. is pleased to announce the final set of analytical results from the 2023 exploration campaign at the Raven deposit. Raven was the primary focus of this season's exploration efforts at the Dublin Gulch camp, with over 13,200 meters of diamond drilling consisting of systematic fence drilling to the east of the current deposit [...]
Victoria Gold Corp. is pleased to announce that it has further amended its secured debt agreement dated December 18, 2020, as amended December 20, 2021, June 16, 2022 and February 17, 2023. The Loan Facility is comprised of a term loan and a revolving credit facility . The Loan Facility is provided by a syndicate of Canadian banks including Bank of [...]
Victoria Gold Corp. produced 41,561 ounces of gold during the period July 1 to September 30, 2023, the third quarter of 2023. Year-to-date 2023 gold production is 124,749 ounces. Eagle Gold Mine Q3 2023 Production Results 3rd Quarter 2023 3rd Quarter 2022 9 Months 2023 9 Months 2022 Operating Data Ore mined millions of tonnes 2.1 2.1 6.6 5.6 Waste [...]
Victoria Gold Corp. is pleased to announce the acquisition of Sabre Gold Mines Corp.'s Yukon assets , via the acquisition of Sabre's wholly owned Yukon subsidiary, Golden Predator Mining Corp. . All currency amounts listed in Canadian dollars. Victoria has acquired Sabre's 100% interest in the Brewery Creek property, as well as the 100%-owned Gold [...]
Victoria Gold Corp. is pleased to announce the first analytical results from the 2023 exploration campaign at the Raven deposit. Raven was the primary focus of this season's exploration efforts with over 13,200 meters of diamond drilling completed. The drilling campaign consisted of systematic fence drilling to the east of the current deposit [...]
Victoria Gold Corp. is pleased to provide an update on the status of operations at the Eagle Gold mine in Yukon, Canada. Following the second evacuation of Eagle on August 4, 2023, due to the proximity of the East McQuesten wildfire, favourable conditions allowed for the return of employees to site on August 10th . Full production rates at the [...]
Victoria Gold Corp. provides an update on operations along with its second quarter 2023 summary financial and operating results. Due to fire activity in the area of the Eagle Gold mine, specifically, the East McQuesten wildfire, the operation was partially evacuated on July 30, 2023. Progress was made in managing the fire and, on August 1, 2023 [...]
Victoria Gold Corp. announces that its employees have begun re-mobilization to the Eagle Gold mine. On July 29, due to wildfire activity in the area of the Eagle Gold mine, the operation had been partially evacuated. The East McQuesten fire is being actively managed by the Yukon Wildland Fire Management response team. Due to progress made in [...]
Victoria Gold Corp. announces that as a result of wildfire activity in the area of the Eagle Gold mine, the operation has been partially evacuated. Mr. John McConnell, President and CEO commented, "The safety of our employees is our highest priority. As a result of wildfire activity proximal to Eagle and in consultation with the Yukon Wildland Fire [...]
Victoria Gold Corp. produced 45,568 ounces of gold during the second quarter of 2023 and 83,188 ounces of gold during the first half of 2023. Mr. John McConnell, President and CEO commented, "In Q2 2023, we continued with the record gold production we achieved in Q1. Over H1 2023, we have produced 47% more gold than H1 2022." Eagle Gold Mine Q2/H1 [...]