Snowline Gold (TSXV: SGD) has released further assay results from its flagship Valley deposit, part of its Rogue project in the Yukon. The latest results include infill drill holes that are said to have been placed within key drill coverage gaps within the deposit.
Highlights from the results include:
- V-24-119: 1.68 g/t gold over 617.6 metres from a depth of 2.4 metres, including 3.24 g/t gold over 202.0 metres
- V-24-120: 1.88 g/t gold over 200.9 metres from a depth of 7.6 metres, including 2.90 g/t gold over 104.5 metres
- V-24-121: 1.06 g/t gold over 243.0 metres from a depth of 41.0 metres
- V-24-122: 1.05 g/t gold over 352.0 metres from a depth of 6.5 metres
The latest results are said to have demonstrated the continuity of the high grade, near surface core zone that exists at Valley. The results are expected to be used towards an updated mineral resource estimate that is slated to be released in the first half of 2025.
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A preliminary economic assessment is also said to be underway, although a timeline on the release of the study was not provided.
“We are also looking forward to another big season in 2025, with five drills currently on site and ready to commence a program of district-scale exploration alongside advancement and potential expansion of Valley, commencing in mid-May. The details of this program will be outlined in a future release,” commented Scott Berdahl, CEO of Snowline.
Snowline Gold last traded at $6.37 on the TSX.
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.
