Hits High-Grade Gold At Jupiter Zone
Snowline Gold Corp. (CSE: SGD) (US OTC: SNWGF) has obtained further high-grade assay results from Phase I drilling at the Jupiter zone on its district-scale Einarson gold project in the Yukon Territory, Canada.
A set of three holes drilled radially from the same pad as J-21-011 all hit significant gold mineralisation, indicating a broad zone comprising multiple gold-bearing structures and rock units.
The highlight intersection was 13.9 g/t Au over 6.0m. Values of 45.0 g/t (1.59 oz/ton) Au over 1.5m and 31.1 g/t Au over 1.5m were also drilled and were associated with apparently “barren” quartz and in host mudstones, indicating variable styles of gold deposition.
“These results build on our discovery hole, demonstrating the presence of a robust gold system at Jupiter,” said Scott Berdahl, CEO and director of Snowline.
“We were excited this summer to get the excellent results from J-21-011. To follow that up with multiple broad gold intercepts with high grades across multiple holes indicates the significance of this mineralising system.
“Combined with our observation of gold in various forms—including native gold—this suggests a large, fertile fluid system that readily precipitated gold in the Jupiter area. We look forward to seeing more drillhole assay results from encouraging intersections observed in broad step-outs as the Jupiter discovery continues to take shape.”
Hole J-21-010 intersected extensive gold mineralisation, including five distinct gold zones with grades above 8.9 g/t Au, to a maximum of 31.1 g/t Au over 1.5 m in quartz at the base of an interval of mineralised mudstone. Averaging all gold values from surface to the base observed mineralisation, including unmineralised intervals and assuming no gold content in the top 6.5 m of overburden and unsampled material, yields 1.17 g/t Au over 185 m.
Hole J-21-012 was thought to be mostly barren due to a paucity of gold-associated minerals and was only partially sampled. Limited sampling, however, returned a zone of 13.9 g/t Au over 6.0 m, including 45.0 g/t Au over 1.5 m of altered mudstones cut by quartz-carbonate veins.
Hole J-21-013 was drilled towards the east, away from the target area and surface geochemical anomaly. However, it too hit extensive gold mineralisation, including a 27.0 m interval averaging 2.59 g/t Au and a separate interval of 13.8 g/t Au over 2.5 m.
At Jupiter, anomalous gold concentrations are found in and around fault zones, in local fold hinges, in quartz veins and disseminated within sulphide-bearing mudstones of the Narchilla Formation.
For further information please visit: https://snowlinegold.com/