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Leveraging the golden Eagle

Victoria Gold is looking to bring down initial capital expenditure of its Eagle gold asset in Yukon, Canada, as it updates the feasibility study on the project.

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A new feasibility study on Eagle could be out in September (photo: www.emr.gov.yk.ca)

Targeting September for the update, Victoria aims to bring the capex down from US$400 million to US$350-375 million, boosting the economics at the low-grade project and making it that much more