'We're finding huge anomalies, we're getting some spectacular results' - Snowline Gold
Snowline Gold CEO Scott Berdahl can find lots of analogues with his company's targets and some of the world's greatest gold camps.
Last week Berdahl spoke to Kitco from the Yukon.
Snowline Gold (CSE:SGD, OTCQB:SNWGF) is an exploration company operating in the Yukon. Snowline’s portfolio is spun out from a private, Yukon-based, family-owned prospecting company. The company's flagship, district-scale gold projects occupy the intersection of two mineral belts. Two significant greenfield gold discoveries in 2021, Jupiter and Valley, demonstrate presence of multiple deposit types and the emergence of a large, unexplored district, notes Snowline Gold in its investor presentation.
Snowline is not starting from scratch, rather it is building upon over $20 million spent by previous operators on regional exploration affords rapid, low cost entry.
The company sees analogues to Nevada’s Great Basin, Carlin-style gold at Einarson’s Mars, Odd and Misty zones.
But the scale of the asset—a 100,000 ha land package staked and acquired following detailed regional assessment—means there is lots more to discover. Berdahl notes some of his targets have other similarities, such as Fosterville, Australia and Queensway, Newfoundland.
"The parallels aren't just to Nevada...[but] some of the the world's great gold camps. This area has seen very little exploration. We're finding huge anomalies, we're drilling them and we're getting some spectacular results, so it's a pretty exciting place to be," said Berdahl.