Snowline Gold Corp. (CSE:SGD) has received promising preliminary assay results from its 2022 drilling programme at the Valley Zone, Rogue Project, Yukon.
Notably, hole V-22-028 intersected a zone of sheeted quartz vein mineralization within the Valley intrusion averaging 1.40g/t Au across 363.5m from surface, including zones of 2.03g/t Au over 129.9m and 2.15g/t Au over 42.3m, with additional mineralization at depth.
The hole was collared 121 m from the nearest hole (V-22-014; 285.2m @1.45 g/t Au) and drilled northeast, demonstrating continuity of mineralization within Valley’s near-surface mineralized corridor. Assays remain pending for 26% (3,474m) of the 2022 Rogue drill program.
“We are continually impressed not only by the scale but by the continuity of gold mineralization at Valley,” said Scott Berdahl, CEO and Director of Snowline.
“Today’s results build on earlier holes, with V-22-028 adding significant tonnage with strong gold grades. The hole demonstrates a wide breadth to the mineralized zone and grade continuity between previous holes. In addition, promising mineralization seen in V-22-019 shows potential for the near-surface higher grades to continue to the southeast, while V-22-020 shows widespread mineralization within the Valley intrusion beyond the main gold zones known to us at present. We look forward to receiving additional assays from the 2022 season as we gear up for an exciting exploration program in 2023.”
Visual results indicate the presence of a large central zone within the broader Valley intrusion bearing higher vein densities. Initial analytical results for this zone consistently carry unusually high grades for a reduced intrusion-related gold system.
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