Victoria transitioned from a mineral explorer to gold producing mining company with pouring of the first gold bar at Eagle Gold in September of 2019.
Impressed with this success and having an opportunity to acquire a significant stake from a major shareholder, Coeur has cut a deal to acquire 11.07 million Victoria shares from Orion Co-VI Ltd.
A high-grade underground gold mine, Kensington is only about 350 miles south of Eagle.