
Fosterville: Victoria’s Golden Eagle
With 2023 production totalling 277,694oz, Agnico Eagle Mines’ Fosterville mine in Victoria is the largest gold producer in the state. Previously owned by Kirkland Lake Gold, Angico acquired Fosterville in February 2022 following the completion of the merger between the two companies. Spanning an area of 1400km2, Fosterville hosts numerous brownfield and greenfield exploration targets. Exploration programs to date have traced only 20km of potential gold bearing structures, highlighting untapped exploration potential. Notably, the presence of visible gold becomes increasingly significant at depth and is observed more frequently below a depth of 800m within the Lower Phoenix and Harrier gold systems. History of Operations Gold was first discovered at Fosterville in 1894 with operations continuing until 1903 where the mine…









