Eagle (Au)

Royalty and Terms: 5% NSR royalty on Eagle until 97,500 ounces of gold have been delivered and a 3% NSR royalty thereafter. Osisko’s royalty covers the entire Dublin Gulch property including the reserves on the Eagle and Olive ore deposits and all of the exploration targets being most actively pursued by Victoria.
Operator:  Visit Victoria Gold Corp for more information
Primary Commodity: Gold
Location: Yukon, Canada
Reserves and Resources:
  • Proven and probable reserves of 2,584 koz Au (124.0 Mt @ 0.65 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 2,079 koz Au (120.0 Mt @ 0.54 g/t Au)
  • Inferred resources of 704 koz (36.0 Mt Au @ 0.61 g/t Au)
  • 2020: 117 koz Au
  • 2021: 164 koz Au
  • 2022: 150 koz Au
  • 2023e: 160 to 180 koz Au


  • Ongoing ramp-up to steady-state production
  • Updated MRE on Raven expected H1/23 incorporating ~25 km of drilling completed in 2022
  • Continued exploration results on Raven, Lynx and Whiskey Wrinkles
  • Transitioning to year-round stacking to reduce seasonal variance in production

More details in the 2023 Asset Handbook


Source: Company disclosure and Osisko management estimates.