Snowline Gold Corp. ( (TSE:SGD) ) has issued an announcement.
Snowline Gold Corp. announced significant drill results from its 2024 campaign on the Valley deposit, part of the Rogue Project in Yukon. The results, including a 617.6-meter intersection at 1.68 grams per tonne gold, demonstrate the continuity and strength of the near-surface mineralization, which derisks the deposit and supports an upcoming updated Mineral Resource Estimate. Additionally, the company is advancing its project with a Preliminary Economic Assessment to evaluate the potential economics of the Valley deposit, indicating a strategic move towards rapid project advancement.
More about Snowline Gold Corp.
Snowline Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects primarily in the Yukon region, with a market focus on discovering and advancing high-grade gold deposits.
YTD Price Performance: 21.80%
Average Trading Volume: 97,678
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.03B
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