Snowline drills more gold at Valley deposit in Yukon

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Another returned 404.8 metres averaging 2.27 g/t gold, including 100.8 metres averaging 4.67 g/t gold from surface, consistent with the block model prediction overall and slightly outperforming the model near surface.

“We are encouraged by such a strong start to our 2024 exploration campaign and excited to have regional drilling underway,” said Scott Berdahl, CEO of Snowline, in a press release.

“Our first two holes of the season at our Rogue project’s Valley deposit underscore the strength and consistency of the deposit, particularly when it comes to high-grade, near-surface gold mineralization.”

Additional assay results from more holes within and adjacent to the Valley deposit are pending. Three drills are still active as the drilling program continues.

The initial resource estimate was released last month. It contains 76 million indicated tonnes at 1.66 g/t gold, containing about 4.1 million oz., and 81 million…

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