Osisko Gold Royalties (NYSE:OR) has announced a significant operational incident at the Eagle Gold Mine in the Yukon Territory, operated by its partner, Victoria Gold Corp.
According to the latest reports from Victoria, the mine’s heap leach pad experienced a failure, leading to a temporary suspension of operations at the site as the situation is further assessed.
Victoria Gold Corp. confirmed that the incident has resulted in some infrastructure damage, and a portion of the failure has breached containment.
Fortunately, there have been no injuries reported among personnel as a result of the incident.
The company says it is monitoring the situation closely and plans to maintain an open line of communication with Victoria as more information becomes available.