Snowline Gold CEO Scott Berdahl singled out Victoria Gold going into operation as the biggest catalyst for the region's mining sector.
On Friday Berdahl recorded Kitco Roundtable with Kitco correspondent Paul Harris and mining audiences manager Michael McCrae.
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.
"Of course leading the way is Victoria Gold," said Berdahl. "They've done a great job of bringing an intrusion-related gold system, a Fort-Knox-style sort of mineralization, into production. And they're becoming an economic powerhouse in the territory, and that's great to see."
Victoria Gold's (TSX:VGCX) first pour from its Eagle Gold Mine was in 2019. The company estimates 2022 production will be between 165,000 and 190,000 ounces.
