Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon
Portfolio Pulse from Stjepan Kalinic
Snowline Gold Corp. (OTC:SNWGF) has published an initial assessment for its Valley deposit in Yukon, revealing a significant high-grade gold resource. The deposit contains 4.05 million ounces of indicated gold and 3.26 million ounces of inferred gold, positioning it as one of the richest in the region. The project faces logistical challenges due to its remote location but holds substantial growth potential.
June 17, 2024 | 10:05 pm
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Snowline Gold Corp. has announced a significant high-grade gold resource at its Valley deposit in Yukon, with 4.05 million ounces of indicated gold and 3.26 million ounces of inferred gold. This positions the project as one of the richest in the region, although it faces logistical challenges due to its remote location.
The announcement of a high-grade gold resource is a significant milestone for Snowline Gold Corp., likely to positively impact its stock price in the short term. The substantial size and potential for further growth of the deposit are key factors, although logistical challenges may temper some of the enthusiasm.
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