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Victoria Gold Corp. (TSX: VGCX)
Victoria Gold’s 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is located within Yukon Energy’s electrical grid.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company’s Eagle and Olive Gold Deposits. As at December 31, 2023, and adjusting for mining depletion through this date, the Eagle and Olive Deposits include Proven and Probable Reserves of 2.3 million ounces of gold from 114 million tonnes of ore with a grade of 0.63 grams of gold per tonne. As at December 31, 2023, and adjusting for mining depletion through this date, the Mineral Resource for the Eagle and Olive Gold Deposits are estimated to host 234 million tonnes averaging 0.59 grams of gold per tonne, containing 4.4 million ounces of gold in the “Measured and Indicated” category, inclusive of Proven and Probable Reserves, and a further 36 million tonnes averaging 0.63 grams of gold per tonne, containing 0.7 million ounces of gold in the “Inferred” category.
John McConnell
President, Director & CEO
John McConnell’s +40 years of mining experience is mostly in Canada’s northern territories. John has been President & CEO of Victoria Gold since 2010 and has led the exploration, development, and financing of the Eagle Gold Mine in Canada’s Yukon Territory. Eagle has been in production since 2019 and at full production will produce +200,000 ounces per year of gold.
Previously, he was President & CEO of Western Keltic Mines until it was acquired by Sherwood Copper; VP, NWT Projects for De Beers Canada primarily responsible for permitting and development of the Snap Lake Diamond Mine; Breakwater Resources Ltd in operations at the Nanisivik Zinc & Lead Mine on Baffin Island; and Strathcona Mineral Services Ltd.
Mr. McConnell is the 2021 Winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development for his role in building the Eagle Gold mine. A graduate of the Colorado School of Mines, with a B.Sc. in Mining Engineering Mr. McConnell is also a Director of Lahontan Gold Corp.