Snowline’s strong grades on repeat in Yukon create ‘Hollywood problem,’ analyst says

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“The exceptional continuity has almost desensitized the market to world-class drill results over the last six months,” Gaspar said in a note. “The asset’s potential remains a key value driver in our view (and key for M&A).”

Hole V-24-105 returned 467 metres grading 1.12 grams gold from 3.4 metres depth, including 154 metres at 2.07 grams gold, Snowline said. Hole V-24-111 cut 403.6 metres grading 1.05 grams gold from 3.3 metres depth, including 103 metres at 1.9 grams gold.

“It is encouraging to see how well the Valley gold deposit holds up to the scrutiny of additional drilling, with highlight holes consistently appearing as we fill in the blanks,” Snowline CEO Scott Berdahl said in a release.

“Each round of results has brought large intervals with strong gold grades. We are gaining confidence and pushing the boundaries of our understanding of this unique and continuous near-surface gold…

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