Snowline Gold - PEA Recap & Exploration Update: New Targets And Continued Drilling
I’m joined by Scott Berdahl, CEO of Snowline Gold (TSX.V:SGD - OTCQB:SNWGF), for a deep dive into the company’s recent milestones, led by the release of the Preliminary Economic Assessment (PEA) for the Valley deposit and ongoing 2025 exploration.
Key discussion points:
- PEA Highlights:
- 6.8M ounces payable gold over a 20+ year mine life
- Average annual production of ~544,000 oz gold in first 5 years
- All-in sustaining costs (AISC) under US$600/oz in early years
- Post-tax NPV of C$3.37B at $2,150/oz gold, rising to over C$6B at $3,150/oz gold
- Strong operational efficiency with a strip ratio of 0.14:1
- Project Financing & M&A Potential: High early cash flow profile makes the project financeable through multiple pathways.
- Pre-Feasibility Study (PFS) Work: Engineering, permitting baseline studies, and stakeholder engagement underway to keep development timelines tight.
- Exploration Updates:
- 30,000m drill program in 2025 - 20,000m focused on infill and step-outs at Valley, with notable new zones identified.
- Regional drilling on 7 targets within the district, with visible gold found across multiple reduced intrusion-related systems.
- Strategic approach to district-scale discovery without sacrificing Valley’s development pace.
If you have any follow up questions for Scott please email me at Fleck@kereport.com.
