The company reported net income of $31.8 million for the three months period ended March 31, 2021, compared to a net loss of $47.4 million for the previous year’s comparable period.
The company noted that its 2021 gold production guidance at the Eagle gold mine of 180,000 ounces to 200,000 ounces is unchanged.
Victoria Gold’s 100%-owned Eagle gold mine 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.