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(Kitco News) - Agentis Capital recently put out a research report estimating an initial resource of 9 million ounces at Snowline Gold’s (TSX-V: SGD) Rogue project.
CEO Scott Berdahl spoke to Kitco mid-July in Dawson City at Invest Yukon’s Yukon Mining Property Tours & Investment Conference 2023, about what makes the first target, Valley, so special.
“We’ve just had hit after hit in terms of both good mineralized intervals but also checking the boxes for what we’d want to see in terms of finding not just an exciting discovery, but potentially a world-class mineable asset,” he said.
Snowline Gold grabbed the market’s attention last summer with the Valley discovery. Since then, the stock price has quintupled, and the company now boasts a market capitalization of $623 million — large for an early-stage junior. The relatively high grades have been in the 2-3 grams per tonne range over long intervals. The project also stands out for its planned use of solar power.
Berdahl said the aim of this year’s 10,000m drill program is to gain a better understanding of the mineralization through in-fill drilling. “There’s a lot of room to grow with tightening up the understanding and de-risking, and really showing the world that Valley's the real deal,” he said.
[EDITOR'S NOTE: Travel and accommodation expenses were paid for by Invest Yukon.]
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