Business
Snowline Gold Locates 5.1 km Long Trend of Anomalous Gold-In-Soils Grading to 1.7 g/t AU at Gracie, Rogue Project, Yukon
5.1 km zone of anomalous gold values found in soil and talus fine samples at Gracie 43...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Snowline Gold Locates 5.1 km Long Trend of Anomalous Gold-In-Soils Grading to 1.7 g/t AU at Gracie, Rogue Project, Yukon5.1 km zone of anomalous gold values found in soil and talus fine samples at Gracie43 soil samples from a 1,600 x 800 m central area average 0.49 g/t Au, with 8 samples >1 g/t AuZone underlain and adjacent to probable unexposed intrusion only 4 km from Snowline's 2021 \"Valley\" discoveryIntact carapace at top of intrusion presents high priority drill target for 2022.VANCOUVER, BC / ACCESSWIRE / April 7, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to provide an update on generative exploration results from its Rogue project in the Yukon Territory, Canada. Geochemical assay results received from late season 2021 contour soil and talus fine sampling reveal a large zone of anomalous gold values to 1.71 g/t Au on top of and around a probable, near-surface, gold-bearing intrusion at the Company's Gracie target.Figure 1 - Soil, talus fine and rock geochemical results from Snowline's Rogue project on top of ZTEM electromagnetic survey results. Surface sampling performed late in the 2021 field season demonstrates the scale of gold anomalism associated with a probable buried intrusion, with values of up to 1.71 g/t Au from talus fines at Gracie. Dashed blue ovals indicate zones of anomalous results. Samples from the central zone have an average of 0.49 g/t. North and south zones of anomalous gold values are along stratigraphic and structural trend with the unexposed intrusion. The Valley intrusion and suspected Gracie intrusion are expressed in in the ZTEM image as cooler colours representing relative electrical resistors, consistent with other known intrusions in the survey area.\"These results add to strong evidence that Gracie could host a large and fertile reduced-intrusion related gold system,\" said Scott Berdahl, CEO and director of Snowline. \"What excites us about this-beyond the potential to duplicate our Valley discovery-is that the intrusion at Gracie hasn't been exposed by erosion. These gold systems can be most prospective at the very top of an intrusion, where initial cooling of the edges creates a brittle carapace that fractures to accommodate later gold bearing fluids. An intact carapace at Gracie thus makes for a compelling exploration target adjace...