Potential tier-one gold discovery - Snowline Gold builds on Yukon success
While Snowline Gold has had a big run, CEO Scott Berdahl said the company has much further to run.
In February Berdahl spoke to Kitco.
Snowline started 2022 at 72 cents and finished at $2.94, remarkable given the poor year for the precious metal sector.
Snowline Gold (SNWGF:OTCQB CSE:SGD) is a Yukon-based explorer with one of the territory’s largest mineral portfolios, amassed privately over three decades by prospectors Ron and Scott Berdahl. Significant Snowline shareholders include Keith Neumeyer, Eric Sprott and Crescat Capital.
Snowline is focused on district-scale, greenfield gold discoveries. The team made two significant gold discoveries in their first year, including the Valley Zone on their Rogue Project: a near-surface, high-grade, bulk tonnage gold system with drill intercepts of up to 319 meters at 2.5 grams per tonne of gold from the surface.
"We're focused on a really new district in the territory. We see the potential for some very big discoveries," said Berdahl. "In just those two seasons, we put a potential tier-one gold discovery onto the map, and we feel that is just the tip of the iceberg."
While Snowline is a relatively new company, Berdahl has years of experience in the Yukon. He was born in the territory and grew up prospecting with his father.
"We weren't starting from scratch. It was decades of hard work for an overnight success."