Victoria Gold faces charges from regulators

Sponsored by Temas Resources

Victoria Gold faces charges from regulators

Victoria Gold‘s (TSX: VGCX) Eagle mine in Yukon, Canada, is facing charges following a significant accident at its heap leach pad (HLP) this week. The incident, which resulted in a landslide and potential cyanide leak, is the second such occurrence at the site this year, according to government officials.

The accident led to the suspension of operations at Eagle, Yukon’s sole producing gold mine. Two workers required first aid treatment, with one sustaining minor injuries. The charges against Victoria Gold relate to water management under Yukon environmental regulations and typically involve fines.

You can read more on the matter here.

Temas Resources is focused critical metals key to our national mineral independence. The company is currently focused on advancing its La Blache iron-titanium-vanadium project in Quebec, which boasts a PEA with a net present value (8%) of $6.6 billion and a post-tax IRR beyond 60%, while proprietary tech held by the company has been proven to slash titanium production costs by up to 70%.

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