Snowline Gold Announces Initial Mineral Resource at Valley Gold Deposit

Snowline Gold Corp. has released an initial Mineral Resource Estimate (MRE) for the Valley Gold Deposit, part of its 100%-owned Rogue Project in the Yukon Territory, Canada. The estimate includes 76 million tonnes (Mt) at 1.66 grams per tonne (g/t) gold (Au) for 4.05 million ounces in the Indicated category and 81 Mt at 1.25 g/t Au for 3.26 million ounces in the Inferred category.

These resources are reported within a pit shell with a 0.72 revenue factor and above a 0.40 g/t Au cut-off grade. The deposit shows promising potential for further expansion with high-grade mineralization starting from the bedrock surface.

The Valley Deposit occupies less than 0.01% of Snowline’s land holdings and shares geological traits with other promising targets within the project, hinting at district-level potential. The 2024 drill program, featuring three active drills, is already in progress with around 4,000 meters drilled so far.