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CORRECTION FROM SOURCE: Snowline Gold Builds on Near Surface Mineralization with 2.1 Grams Per Tonne Gold Over 433.5 M at its Valley Deposit, Yukon and Initiates Clean-Up Project on Historical Mining Site
Table 2 replaced with updated drill hole information Hole V-24-081 returned 2.10 g/t Au ov...
About this update from Snowline Gold Corp.
[{"type":"text","content":"CORRECTION FROM SOURCE: Snowline Gold Builds on Near Surface Mineralization with 2.1 Grams Per Tonne Gold Over 433.5 M at its Valley Deposit, Yukon and Initiates Clean-Up Project on Historical Mining SiteTable 2 replaced with updated drill hole informationHole V-24-081 returned 2.10 g/t Au over 433.5 m, including 3.42 g/t Au over 96.5 m and 3.20 g/t Au over 50.5 m, bolstering scale of high-grade, near-surface gold mineralization at Snowline's Valley deposit, Rogue ProjectHole V-24-084 returned 1.31 g/t Au over 273.2 m, including 2.18 g/t Au over 120.7 m from surface, surpassing mineral resource estimate block model expectations near the southeastern part of the Valley depositPhase I reclamation work completed by Snowline at historical \"Plata\" staging area, southwest of the Rogue Project, which supported 1980s mining activity in the area from the Plata winter trailAssays remain pending for >24,600 m in 45 holes across 6 targets at Snowline's Rogue and Einarson projects.VANCOUVER, BC / ACCESSWIRE / October 10, 2024 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to announce additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada's Yukon Territory alongside updates on its regional activities. Holes V-24-081 and V-24-084 returned strong, consistent gold grades from near-surface along the southwestern edge of the Valley deposit, outperforming the model used for the Company's initial mineral resource estimate (MRE) earlier this year. In addition, Snowline has completed the first phase of a reclamation program at the Plata mining camp near the Rogue Project, organizing and inventorying debris and abandoned equipment from historical mining activities in the region for future demobilisation. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >24,600 m of drilling in 44 holes across 5 different targets. \"It is a testament to the consistency of mineralization at Valley that results like today's have become almost commonplace,\" said Scott Berdahl, CEO & Director of Snowline. \"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.\"We are also pleased to report co...