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by Mike Caswell

Victoria Gold Corp. is facing a lawsuit in the Supreme Court of British Columbia from Vancouver shareholder Rob van Santen over the heap leach failure at the company's Eagle gold mine in Yukon. The suit claims that management was negligent in its disclosure of past problems at the mine. In particular, Victoria Gold did not tell investors about a smaller failure six months earlier involving the movement of 14,000 tonnes of crushed ore, the suit states.

The allegations are contained in a notice of claim that Mr. van Santen filed at the Vancouver courthouse on Tuesday, Aug. 13. In addition to Victoria Gold, the suit names as defendants several of the company's officers and directors. Among them are company president John McConnell, chairman T. Sean Harvey, chief financial officer Marty Rendall and chief operating officer Mark Ayranto.

The case arises from the recent events at Victoria Gold's Eagle mine. On June 24, 2024, the heap leach pad at the mine suffered a landslide involving four million tonnes of material, some of which was deposited into the nearby Dublin Gulch Valley. A government engineer later estimated that two million tonnes of material, including 300 million litres of cyanide solution, had escaped containment.

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