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 3,260 koz Au (155.0 Mt @ 0.65 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 1,470 koz Au (72.0 Mt @ 0.63 g/t Au)
  • Inferred resources of 570 koz Au (29.0 Mt @ 0.61 g/t Au)
  • 2020 : 117 koz Au
  • 2021 : 164 koz Au
  • 2022e : 165 to 190 koz Au


  • Ongoing ramp-up to steady-state production
  • Completion of “Project 250” to increase gold production to 250 koz per year
  • Maiden resource on Raven with potential for a separate mining center
  • Continued exploration results on Raven, Lynx and Whiskey Wrinkles
  • Updated reserve estimate in 2022 with potential for a larger pit and extended LOM at Eagle

More details in the 2022 Asset Handbook


Source: Company disclosure and Osisko management estimates.