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Snowline Gold Corp. ( (TSE:SGD) ) has issued an announcement.
Snowline Gold Corp. announced significant findings from its 2024 drill campaign at the Valley deposit in the Yukon. Drill holes V-24-105 and V-24-111 revealed strong gold mineralization, enhancing the continuity and width of the deposit. These results are pivotal for updating the Mineral Resource Estimate (MRE) for the Valley, with additional results pending from further drilling at the Rogue and Einarson projects. The discovery of widespread gold anomalies at the Aurelius target suggests potential for establishing a new gold district in the Selwyn Basin. These findings reinforce the company’s strategic growth and exploration efforts in the region.
More about Snowline Gold Corp.
Snowline Gold Corp. is a mineral exploration company focused on discovering and developing gold deposits. The company operates primarily in the Yukon region, emphasizing its exploration and expansion efforts on key projects such as the Valley and Rogue projects.
YTD Price Performance: 0.0%
Average Trading Volume: 110,986
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$833.9M
For an in-depth examination of SGD stock, go to TipRanks’ Stock Analysis page.
