Snowline Gold (TSXV: SGD) continues to hit long intervals of mineralization at its Valley deposit, which is part of the Rogue project in the Yukon. The firm released assay results from two holes this morning, which come from a 25,000 metre drill program conducted on site this summer.
Highlights from the results include:
- V-24-081: 2.10 g/t gold over 433.5 metres from a depth of 19.0 metres, including 3.42 g/t gold over 96.5 metres
- V-24-084: 1.31 g/t gold over 277.0 metres from a depth of 3.8 metres, including 2.18 g/t gold over 120.7 metres
Drilling at Valley in 2024 consisted of 55 holes, which saw an aggregate of 25,000 metres drilled. Notably, results to date are said to have outperformed the model used for the initial mineral resource estimate at the deposit, with drilling this year nearly doubling the amount of drilling conducted to date on site.
READ: Snowline Gold Intersects 6.0 g/t Gold Over 101 Meters at Valley Deposit
“It is a testament to the consistency of mineralization at Valley that results like today’s have become almost commonplace. Nonetheless, they further demonstrate the strength of the system near surface, and key holes V-24-081 and V-24-084 outperform our model along the southwest margin of the deposit,” commented CEO Scott Berdahl.
Assays remain outstanding for 45 holes conducted across six targets at the Rogue and Einarson projects.
Snowline Gold last traded at $5.37 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
