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Snowline Gold Intersects 1.01 grams per tonne over 136.8 metres in First Hole Returned from Its Bulk-Tonnage Valley Discovery, Rogue Project, Yukon
Snowline's initial drill campaign on the recently discovered Valley zone intersected the ta...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Intersects 1.01 grams per tonne over 136.8 metres in First Hole Returned from Its Bulk-Tonnage Valley Discovery, Rogue Project, YukonSnowline's initial drill campaign on the recently discovered Valley zone intersected the targeted sheeted vein arrays with visible gold in all four holes.Hole V-21-002 averaged 1.01 g/t Au over 136.75 m from 35.25 m downhole, within a broader mineralized zone averaging 0.85 g/t Au over 186 m.Assays to follow for 3 of 4 holes at Valley, all of which intersected similar mineralization to V-21-002.A diamond drill is currently on-site at Valley, ready to advance target in Spring 2022.VANCOUVER, BC / ACCESSWIRE / January 25, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to announce initial drill results from Phase I drilling at the Valley zone on its Rogue gold project in the Yukon Territory, Canada. Hole V-21-002 intersected a broad zone of gold mineralization associated with visible gold in sheeted vein arrays. The hole averaged 1.01 g/t Au over 136.75 m from 35.25 m downhole, within a broader zone of mineralization averaging 0.85 g/t Au over 186.0 m from 31.5 m downhole. These results mark the in-situ discovery of a potentially significant gold system and demonstrate the fertility of the bulk-tonnage Valley gold target.Drillhole IDCoordinates (NAD83 Zn9)Orientation (True)Interval* (metres)Grade (Au g/t)EastingNorthingAzimuthDipFromToWidth*V-21-0023859177057833175-7031.5217.5186.000.85 including35.3172.0136.751.01 including 36.838.92.103.49 including 50.050.70.659.67 including 119.0119.80.805.48Table 1 - Hole details and notable intervals in V-21-002. Localized hot spots of up to 9.67 g/t Au over 0.65 m were present in the mineralized interval, but overall grades are otherwise relatively consistent. *Interval widths reported; at this point there is insufficient data to reliably estimate true widths of the zone.\"This is Snowline's second significant drill discovery in as many drill programs in 2021,\" commented Scott Berdahl, CEO and director of Snowline. \"We launched the company around the idea of an unrecognized gold district hiding in a relatively unexplored package of prospective rocks here in the Yukon's Selwyn Basin. Beyond our excitement for the Valley discovery itself, we are similarly excited at the implications these results hav...