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Be the first with the news that moves the market- Snowline Gold Corp. (SGD) has received additional gold results from its 2022 drilling program at its Rogue Project in the Yukon
- These latest results are from the Valley Zone on the project, where hole V-22-028 highlighted a zone of mineralization with low to average grades of gold
- Two other notable holes intersected quartz vein systems that hosted continuous gold mineralization
- Assays remain pending for the remaining 26 per cent of the 2022 Rogue drill program
- Snowline Gold Corp. (SGD) is up 0.84 per cent, trading at $0.84 per share as of 11:43 a.m. EST
Snowline Gold Corp. (SGD) has received additional gold results from its 2022 drilling program at its Rogue Project in the Yukon.
These latest results are from the Valley Zone on the project, where hole V-22-028 highlighted a zone of mineralization with low to average grades of gold. This hole was nearby hole V-22-014, which had similar values. Hole V-22-028 demonstrated a northeastern mineralization continuity within a near-surface mineralized corridor.
Some of the other drill holes reported in the latest results assayed similar values.
Scott Berdahl, CEO and Director of Snowline,
“In addition, promising mineralization seen in V-22-019 shows potential for the near-surface higher grades to continue to the southeast, while V-22-020 shows widespread mineralization within the Valley intrusion beyond the main gold zones known to us at present.”
Hole V-22-019 was drilled as a step-out hole along the strike of the well-mineralized corridor. The hole saw widespread low to moderate density of veins hosting gold mineralization, with five instances of trace visible gold reported. This system remains open for further testing on shallower areas.
Lastly, another notable hole, V-22-020, was drilled at the pad site of V-22-015 in the northeast direction. The hole encountered a low to moderate density of quartz veins with consistent low-grade gold mineralization. However, zones of increased grade occurred towards the northeastern edge of the Valley intrusion.
Assays remain pending for the remaining 26 per cent of the 2022 Rogue drill program.
Snowline Gold Corp. (SGD) is up 0.84 per cent, trading at $0.84 per share as of 11:43 a.m. EST.
