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Snowline Gold Expands Measured and Indicated Gold Ounces By 96% In Updated Mineral Resource Estimate at Its Valley Gold Deposit, Yukon
Updated Mineral Resource Estimate (MRE) for the Valley gold deposit, located on Snowline's 100% o...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Expands Measured and Indicated Gold Ounces By 96% In Updated Mineral Resource Estimate at Its Valley Gold Deposit, YukonUpdated Mineral Resource Estimate (MRE) for the Valley gold deposit, located on Snowline's 100% owned Rogue Project in the Yukon Territory, Canada, shows substantial growth and de-risking from the previous, initial MRE in 2024:Measured & Indicated Mineral Resources: 204 Mt at 1.21 g/t Au for 7.94 million ounces, a 96% increase in Measured and Indicated contained ounces*Inferred Mineral Resource: 45 Mt at 0.62 g/t Au for 0.89 million ouncesResource remains open to expansion along multiple limits of current drill testing, with potential for additional higher grade gold zones outside the current resource, as indicated by late 2024 drillingQuality of resource highlighted by consistent conversion to higher categories, including 40% of total Measured and Indicated gold ounces now classified as MeasuredInitial Preliminary Economic Assessment for Valley is well underway and expected to be finalized in the coming weeks*Based on Indicated Mineral Resources of 4.052 Moz gold (76 Mt at 1.66 g/t Au), with no Measured Mineral Resources, in the previous MRE for Valley, supported by the technical report for Rogue entitled \"Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate,\" authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024. VANCOUVER, BC / ACCESS Newswire / May 15, 2025 / SNOWLINE GOLD CORP. (TSX-V: SGD)(OTCQB:SNWGF) (the \" Company \" or \" Snowline \") is pleased to report an updated Mineral Resource Estimate (MRE) prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) standards for the Valley gold deposit on its 100% owned, 1,110 km 2 Rogue Project in Canada's Yukon Territory.\"The updated mineral resource estimate for the Valley gold deposit is another positive milestone as we continue to uncover the full scale of this gold system,\" said Scott Berdahl, CEO & Director of Snowline. \"With just 53 km of drilling so far, we have discovered and substantially derisked a large, continuous, non-refractory gold deposit exposed at surface, in an underexplored region with multiple large greenfield gold anomalies and recent prospecting dis...