The long awaited preliminary economic assessment for Snowline Gold’s (TSXV: SGD) Valley deposit has finally been delivered to the market and at a high level, boy did they deliver!
We’re talking a “near tier one” operation here, depending on how far out you want to look in terms of the life of mine, and with the announcement of another discovery in the area, that tier one status just might be cemented depending on how Snowline ultimately decides to package this baby up.
And of course, the multi billion dollar net present value attached to this PEA has investors already speculating about potential buyouts.
Lets dive in.
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