Business
Snowline Gold Expands Valley Footprint With 435.0 M Of 1.6 Grams Per Tonne Gold on Its Rogue Project, And Drills 6.3 M Of 6.9 Grams Per Tonne Gold at Its Jupiter Target, Einarson Project, Yukon
Hole V-24-077, along the northeast boundary of Valley's current mineral resource estimate, averag...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Expands Valley Footprint With 435.0 M Of 1.6 Grams Per Tonne Gold on Its Rogue Project, And Drills 6.3 M Of 6.9 Grams Per Tonne Gold at Its Jupiter Target, Einarson Project, YukonHole V-24-077, along the northeast boundary of Valley's current mineral resource estimate, averaged 1.61 g/t Au over 435.0 m, including 2.39 g/t Au over 150.5 mOn Snowline's Jupiter target, Einarson Project, Hole J-24-022 returned 6.88 g/t Au over 6.3 m, including 13.9 g/t Au over 2.0 m downhole, along with other mineralized intersections in 170 m step-back from previous drillingTrace amounts of visible gold seen in regional drilling at Aurelius target, Rogue Project and Sydney target, Cynthia ProjectAssays pending for >21,000 m across 7 targets, with drilling ongoing. VANCOUVER, BC / ACCESSWIRE / August 29, 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, along with the first drill results from its Jupiter target, Einarson Project, since consolidation of 100% ownership of Einarson earlier this year. Highlight intervals from Valley and Jupiter are summarized in Table 1 below. The results from V-24-077 at Valley are near the northeastern edge of the current resource-limiting pit shell constraint for the initial mineral resource estimate (MRE) at Valley, confirming continuity of strong gold grades to the edge of the current resource, open to further expansion. At the Einarson Project's epizonal orogenic Jupiter target, roughly 32 km north of Valley, multiple zones of gold mineralization were encountered in a 170 m step-back from previous drilling, increasing the known width of the system. Drilling is ongoing at Valley and on other targets, with assays pending for an additional 21,278 m drilled to date.Table 1 -Highlight summary of Snowline's latest assay results; see Tables 2 and 3 for details. *Interval widths reported; true widths of the system at Valley are not yet known. Interval width at Jupiter is estimated to be roughly 50% of true width. \"We are pleased to advance our flagship district on multiple fronts,\" said Scott Berdahl, CEO & Director of Snowline. \"At Valley, drilling continues to de-risk and potentially grow our initial mineral resou...