Victoria Gold Corp. provided production guidance for the year 2022. The Company had previously expected production to be close to the lower end of the guidance range of 165,000 ounces.

If not for the conveyor belt failure, the mine was on track to meet guidance. Due to the estimated length of time required to replace the overland conveyor belt, the Company anticipates it will no longer achieve production or cost guidance. As a result, 2022 production and cost guidance have been retracted.

Updated guidance will be addressed following full resumption of Eagle operations.