Thursday, August 7, 2025

Snowline Gold Says Drilling Is Ongoing In Yukon

Despite speculation to the contrary, Snowline Gold (TSXV: SGD) this morning confirmed that exploration remains ongoing at its Rogue Project in the Yukon.

This comes despite the First Nation of Na-Cho Nyak Dun, who’s territory the Rogue Project falls under, on July 3 stating that all mining related activity must pause as a result of the collapse of Victoria Gold’s (TSX: VGCX) heap leach facility at its Eagle Gold Mine. After making the stating initially on July 3, it appeared to be subsequently reaching out to operators individually in an effort to convey the message.

READ: Victoria Gold Mine Collapse Causes Pause In Mining And Exploration In Entire Region

Snowline Gold however confirmed this morning that drilling activity remains ongoing, with five separate drill rigs currently in operation across its properties. Three rigs are turning currently on the Valley target, while one is focused on the Jupitar target at the nearby Einarson project, and the fifth rig is testing the Aurelius target.

The company says that it has drilled in excess of 16,000 metres during the current campaign, with 12,500 of those metres focused on Valley and 1,067 metres focused on the Cujo target. The company currently plans to drill test over 25,000 metres under the currently ongoing program.

READ: Snowline Gold Hits 1.77 g/t Gold Over 449.7 Metres As Exploration Continues

Snowline Gold last traded at $4.30 on the TSX Venture.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold/Silver: People Can Still Lose Money In This Bull Market!? | Rick Rule

He Said $300 Silver!? | Peter Krauth

Dollar Will Collapse, Gold and Silver Are the Only Safe Havens | Jim Rogers

Recommended

Nova Scotia Bans Forest Access to Prevent Wildfires

Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial

Related News

Snowline Gold Pays $6.6 Million In Cash And Shares To Consolidate Einarson Ownership

Snowline Gold (TSXV: SGD) has consolidated its Einarson project in British Columbia, following the acquisition...

Thursday, April 25, 2024, 08:51:22 AM

Snowline Gold Reports Over 7.0 Million Ounces Of Gold In Initial Resource Estimate Across Indicated, Inferred Categories

Snowline Gold (TSXV: SGD) has released the first mineral resource estimate for the Valley Gold...

Monday, June 17, 2024, 08:43:57 AM

Snowline Gold Hits 414 Metres Of 1.53 g/t Gold

Snowline Gold (TSXV: SGD) is having substantial early success in its ongoing drill program at...

Tuesday, July 18, 2023, 09:22:30 AM

Snowline Gold Increases Resource Estimate To 8.8 Million Ounces At Valley

Snowline Gold (TSXV: SGD) has updated its mineral resource estimate for the Valley Gold deposit,...

Thursday, May 15, 2025, 08:30:46 AM

Snowline Gold Hits 1.08 g/t Gold Over 386.0 Metres At Valley

Further assay results have been released by Snowline Gold (TSXV: SGD) from drilling conducted earlier...

Wednesday, December 4, 2024, 08:57:54 AM