Snowline Gold - Exploration Update: Drill Results From Valley and Regional Targets, Outlining Future Drill Results
Scott Berdahl, CEO of Snowline Gold (TSX.V:SGD - OTCQB:SNWGF) joins me to discuss the recent drill results from the Valley deposit on the Rogue Project, and the Sydney and Jupiter regional targets.
The update covers five drill holes (93-97) that show long widths of gold mineralization, with grades consistently over 1g/t gold at the Valley Deposit. Scott explains the significance of these results in pushing the deposit's boundaries and improving the initial resource estimate, which currently stands at over 7.3 million ounces (4.05million oz in indicated and 3.26million oz in inferred).
The discussion also covers regional exploration at the Sydney and Jupiter targets, which are part of the Cynthia and Einarson projects, respectively. While initial results from these targets have been mixed, the Company remains optimistic about their potential and continues to refine their exploration strategy. Attention is also given to upcoming drill results, with over 15,000 meters still to be released, and what these could mean for the Valley Deposit and other regional targets. For future exploration plans, Scott outlines a few other regional targets, focusing on areas closer to potential infrastructure. Scott also addresses the potential for updating the resource estimate and eventually putting economic evaluations around the Valley Deposit.
If you have any follow up questions for Scott please email me at Fleck@kereport.com.
