Business
Snowline Gold Expands Valley Gold Mineralization to >2 km with Discovery of Ridge Zone on Its Rogue Project, Yukon
Snowline has discovered the "Ridge" zone, a 1.0 km stretch of anomalous gold in soils, talu...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Expands Valley Gold Mineralization to >2 km with Discovery of Ridge Zone on Its Rogue Project, YukonSnowline has discovered the \"Ridge\" zone, a 1.0 km stretch of anomalous gold in soils, talus fines and rock samples on the northeast shoulder of the Valley intrusionGold-bearing sheeted quartz veins within this new zone similar are to those hosting Snowline's 2021 Valley drill discoveriesRidge zone significantly increases bulk-tonnage scale potential and further demonstrates fertility of the Valley intrusion.VANCOUVER, BC / ACCESSWIRE / March 10, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to announce additional surface sampling results from its \"Ridge\" zone, immediately adjacent to its Valley discoveries on its Rogue gold project in the Yukon Territory, Canada. Contour soil and talus fine samples as well as rock grab samples reveal a 1.0 km zone of anomalous gold concentrations on the northeast edge of the Valley intrusion associated with sheeted quartz veins arrays. A continuous stretch of 18 contour soil and talus fine samples spanning 750 m within the zone averaged 0.21 ppm Au, with values up to 0.758 ppm Au. The zone is open in all directions.Figure 1 - Soil, talus fines, rock and magnetic results around the Valley intrusion delineates an open, 1.0 km zone of anomalous gold concentrations to 0.758 g/t Au in soils near sheeted quartz vein arrays. Background colours show detailed total magnetic field data, with pinks and purples denoting high field values and blues low.\"These reconnaissance sampling results significantly expand the scale of the mineralized system at Valley,\" said Scott Berdahl, CEO and director of Snowline Gold. \"The tenor of our September 2021 drill discoveries, with drilled intersections of up to 1.25 g/t Au over 168.7 m from surface, provide context for the inherent potential of this sibling zone, located on an adjacent shoulder of the Valley intrusion and exhibiting a similar style of mineralization. Overall, the broader Valley area is looking more and more like the type of large, robust gold system that we founded Snowline Gold Corp to find. With a drill parked on site, permits in place and a strong treasury, we are looking forward to an exciting and discovery-filled exploration season in 2022.\"Figure 2 - Discovery outcrop at Snowline...