Mobilises Drill Rig To Einarson Gold Project
Snowline Gold Corp. (CSE: SGD) has commenced drill mobilisation to the company’s 61,000 hectare Einarson gold project in the Yukon Territory, Canada.
COO. Scott Berdahl, said initial drilling will test the newly defined Jupiter zone, a three km long by up to 500m wide area of anomalous gold-in-soil values accompanied by a prominent float train of mineralised quartz boulders. These boulders commonly assay between 1.0 and 7 g/t Au, to a maximum of 25.2 g/t Au.
“We are very excited to begin drilling at Jupiter,” Mr Berdahl said. “Our first-ever drill programme will build on several campaigns of mineral discovery and target-defining exploration. The broad areal extent, high grade surface samples, and geological similarities to large epizonal gold deposits make Jupiter a very prospective target.”
Mr Berdahl said the geological setting and style of mineralisation at Jupiter suggest the presence of a shallow orogenic gold system, with possible similarities to Newfound Gold’s Queensway project or Kirkland Lake’s Fosterville Mine. Geochemical similarities between mineralisation at Jupiter and nearby Carlin-style gold deposits suggest mineralisation may be genetically related.
2021 Drill Campaign
Early-season technical work by Snowline Gold’s team suggests that the gold occurrences at Jupiter are associated with an extensive regional structure. Mineralisation has been identified over more than a kilometre, with a mineralised float train stretching thee km. A 1,500m Phase I diamond drilling programme is designed to intersect the mineralisation with a series of shallow, 200-300m deep holes.
Phase II drilling will build upon the surface exploration and drill results from Jupiter. An additional 1,500m is budgeted to test other targets across the Einarson property and on Snowline’s nearby Rogue property. Prospecting at Einarson in late 2020 discovered a mineralised float train similar to Jupiter along a major structural corridor ~12 km to the south, with grab samples up to 34.2 g/t Au.
This new zone, Avalanche Creek, demonstrates the regional scope of the occurrence of this style of mineralisation. Extensive prospecting is planned along favourable structures at Einarson. A concurrent a programme of trenching, mapping, drone surveying and geochemical sampling is underway at Jupiter to provide additional context for Phase I drill results and to aid in targeting the Phase II drilling.
At Rogue, prospecting in the Valley zone this season has already encountered abundant sulphide veining across a 250m traverse, about 600m from where similar gold-bearing sulphide veins with historic grab sample assays of up to 152.0 g/t Au occur with visible gold. Assays for these new samples are pending. Extensive mapping, geochemical sampling, prospecting and a drone-based aerial magnetic survey will be conducted at Rogue to solidify targets for a first-ever diamond drill program in the Valley and/or Gracie zones.
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