Issue link: http://resourceworld.uberflip.com/i/734523
o c t o b e r / n o v e m b e r 2 0 1 6 www.resourceworld.com 33 gram. Drilling at Hopper intercepted 43.6 g/t gold over 1 min 2015. Victoria Gold Corp.'s [VIT-TSXV] Eagle Project, 85 km by road north-northeast of the village of Mayo, central Yukon, is fully permitted and hosts NI 43-101 compliant proven and probable reserves of 1,880,000 gold ounces. On September 12, 2016, Victoria Gold announced the results of a National Instrument 43-101 feasibility study demon- strating Post Tax NPV of $508M and IRR of 29.5% for the project. The company states that the "Eagle Gold Project is shovel-ready and, when in production, will produce +200,000 ounces of gold annually at an operating cost of US $539/oz and a all-in sustaining cost of US $638/oz. The Feasibility Study "confirms the technical and financial viability of con- structing and operating a 33,700 tonne/ day mine encompassing two open pits, a three-stage crushing circuit, two in-valley leach pads and an adsorption desorption gold recovery plant." Wellgreen Platinum Ltd.'s [WG-TSX] 2016 drilling and field work at their 100%- owned Wellgreen PGM-Nickel Project, 317 km northwest of Whitehorse began in July. The program includes 2,500 metres of drilling to test resource expansion poten- tial along the North Arm and the Middle Arm of the deposit, test for the potential conversion of a portion of inferred mineral resources in the Central Zone into the mea- sured and indicated categories and assess expansion of the starter pit detailed in the 2015 PEA; and to further test the conti- nuity of higher grade intercepts in the Central Zone in the lower portion of the 2015 PEA Base Case pit. Western Copper [WRN-TSX] and Gold Corp.'s Casino Project, 300 km north- west of Whitehorse, is a huge copper and gold project in the permitting phase. The company reported that the Independent Engineering Review Panel (IERP), "con- firmed that the design concept currently forming the basis of Casino Mining Corp.'s YESAB (Yukon Environmental and Socio- economic Assessment Board) submission represents the best available technology for storing solid waste from the Casino Project." Casino Mining Corp. (wholly owned subsidiary of Western Copper and Gold Corp.) is evaluating the recommen- dations from the IERP and will revise the tailings management facility design in due course. Paul West-Sells, President and CEO said, "The new application will address many of the significant matters identified in the assessment process to date." In recent news, G4G Capital Corp. [GGC-TSXV] has signed a letter agreement granting it the option to purchase 21 prop- erties, comprising ~12,301 quartz claims (~2,490 km 2 ) in the White Gold District, Yukon, from Shawn Ryan and Wildwood Exploration Inc. The claims represent all of Ryan's precious metal interests in the White Gold District that are not in a cur- rent joint venture with third parties. The option is subject to certain customary con- ditions, approvals and the completion of a private placement. n