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Snowline Gold Drills 471.6 M of 2.4 Grams Per Tonne Gold from Surface And 325.0 M of 2.6 Grams Per Tonne Gold from Surface, Highlighting Strong Grade Continuity at Its Valley Deposit, Rogue Project
Hole V-24-075, drilled at 180 degrees to recent highlight hole V-24-072, returned 471.6 m averagi...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Drills 471.6 M of 2.4 Grams Per Tonne Gold from Surface And 325.0 M of 2.6 Grams Per Tonne Gold from Surface, Highlighting Strong Grade Continuity at Its Valley Deposit, Rogue ProjectHole V-24-075, drilled at 180 degrees to recent highlight hole V-24-072, returned 471.6 m averaging 2.38 g/t Au, including 302.1 m of 3.20 g/t Au from surface, surpassing initial Valley deposit MRE block model grade predictions by +9%Hole V-24-073 returned 325.0 m averaging 2.57 /t Au, including 136.0 m averaging 4.84 g/t Au from surface, slightly outperforming the model near surfaceWidespread alteration and associated oxide + sulphide mineralization along with granodiorite dikes seen in first-ever drilling of Aurelius target, Rogue ProjectUpdated NI 43-101 technical report filed for Snowline's Einarson Project, Yukon. VANCOUVER, BC / ACCESSWIRE / August 7, 2024 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to announce analytical results from additional early-season drill holes on its 2024 exploration campaign and to provide an exploration update from its ongoing 5-drill program in Canada's Yukon Territory. Highlight intervals from the Valley deposit are summarized in Table 1 below. Holes V-24-075 and V-24-073 are the third and fourth highest ranking holes in terms of contained gold from the Valley deposit to date, with V-24-075 exceeding projections based on the initial mineral resource estimate (MRE) by 9% within the resource-limiting pit shell and by 140% outside of it (18% overall). At the Rogue Project's Aurelius target, widespread alteration with oxide and sulphide mineralization is present in volcanic and sedimentary rocks, with granodiorite dikes intersected in two holes in the first ever drill testing of the target. Drilling is ongoing at Valley and on other targets, with assays pending for an additional 15,600 m drilled to date. Table 1 -Highlight summary of Snowline's latest assay results. Note that the headline interval for V-24-075 comprises two intervals separated by 7 m zone of <0.1 g/t Au; see Table 2 for details. *Interval widths reported; true widths of the system are not yet known.\"We had extremely high expectations for these latest holes at Valley, and they did not disappoint,\" said Scott Berdahl, CEO & Director of Snowline. \"Based on the block model from our in...