Snowline Gold (TSX-V: SGD) said today that B2Gold increased its stake to 9.9% by way of an on-market transaction.
Snowline Gold is a Yukon Territory focused gold exploration company with a project portfolio covering >280,000 ha. The company’s says that its flagship, district-scale Rogue Project hosts the Valley discovery, a bulk-tonnage, reduced intrusion-related gold system (RIRGS), with geological similarities to multi-million-ounce deposits currently in production such as Kinross’s Fort Knox Mine in Alaska and Victoria Gold’s Eagle Mine in the Yukon.
