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The latest announcement is out from Snowline Gold Corp. ( (TSE:SGD) ).
Snowline Gold Corp. has announced the results of a Preliminary Economic Assessment (PEA) for its Valley gold deposit at the Rogue Project in Yukon. The assessment projects a 20-year life of mine with a production of 6.8 million ounces of gold, highlighting robust economics with a post-tax net present value of C$3.37 billion at a gold price of US$2,150/oz. The project is expected to bring significant economic benefits to the Yukon, with high margins and a rapid payback period of initial capital expenditures. The company is advancing with fieldwork and engineering studies to support future technical studies and regional exploration, positioning itself as a potential major contributor to the Canadian gold mining landscape.
The most recent analyst rating on (TSE:SGD) stock is a Buy with a C$17.50 price target. To see the full list of analyst forecasts on Snowline Gold Corp. stock, see the TSE:SGD Stock Forecast page.
More about Snowline Gold Corp.
Snowline Gold Corp. is a mining company operating in the gold industry, focusing on the exploration and development of gold deposits. The company is primarily engaged in the exploration of its 100%-owned Rogue Project in Canada’s Yukon Territory, aiming to develop significant gold mining operations.
Average Trading Volume: 126,048
Technical Sentiment Signal: Buy
Current Market Cap: C$1.25B
For an in-depth examination of SGD stock, go to TipRanks’ Overview page.