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Market Chatter: First Nation Concerned Victoria Gold, Yukon Govt Playing Down Impact of Eagle Mine Rockslide
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Market Chatter: First Nation Concerned Victoria Gold, Yukon Govt Playing Down Impact of Eagle Mine Rockslide
Jun 28, 2024 11:50 AM

02:26 PM EDT, 06/28/2024 (MT Newswires) -- The First Nation of Na-Cho Nyak Dun is concerned that Victoria Gold Corp. ( VITFF ) and the Yukon government are "soft-pedalling" the impact of a cyanide spill this week at a gold mine in the territory, The Globe and Mail newspaper is reporting Friday.

The report noted giant piles of cyanide-laced rocks collapsed on Monday at a heap leach gold processing plant at the Eagle gold mine in central Yukon, triggering a landslide that may have released the toxic chemical into the environment.

The mine is located roughly 375 kilometres north of Whitehorse, 85 kilometres north of the village of Mayo, and on the traditional territory of Na-Cho Nyak Dun

"We are not satisfied with industry and public governments response to this catastrophic event," said Dawna Hope, chief of Na-Cho Nyak Dun, in an e-mail to The Globe and Mail.

Public statements appear "to be downplaying the seriousness of what has happened and how this will have long term impacts," she added.

Friday's report noted Whitehorse-based Victoria Gold ( VITFF ) has so far only put out one public statement on the accident. A phone number listed on Monday's press release to reach the company's chief executive officer John McConnell is out of service.

McConnell has not responded to multiple e-mail requests for comment.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1.10, Change: -0.09, Percent Change: -7.20

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