Snowline Gold to Ramp Up Gold Exploration at Yukon Property

Additional preliminary assay results from Snowline Gold's (CSE:SGD,OTC Pink:SNWGF) 2022 drilling program at the Rogue project's Valley zone in Canada's Yukon indicate bulk tonnage with strong grades near surface and a promising target, according to Scott Berdahl, the company’s CEO.

Snowline Gold recently intersected 189.2 meters of 1.2 grams per tonne gold near surface in 170 meters step out. The company also commenced metallurgical testing at the Valley discovery.

“We're in the midst of the discovery even though the drills have shut down from last season. And so that discovery, called Valley, is still taking shape. We have some pretty exciting holes that we're still awaiting assays for … We're also doing metallurgy work there, which is a big box to tick, especially for an early stage project.”

Berdhal said similar deposit types have lots of indicators that the project will be a “very workable gold ore” that’s been seen in places like the Eagle mine in Yukon and Fort Knox in Alaska, where these bulk tonnage targets are.

“It's really a proof of concept for that idea that I mentioned that we launched this company around, and really shows that this district thesis really holds water. And so we're going back out there to continue to explore it as a district, not lose sight of the bigger picture and hopefully make a few more of these discoveries," he said.

“We're coming into 2023 with over $22 million in the bank … We have three drills out there ready to fire up when weather permits in the spring. We'll be hitting the ground running this year,” Berdhal added.

Watch the full interview with Snowline Gold CEO Scott Berdahl above.

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