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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (161829)9/13/2023 5:49:58 AM
From: Goose94Read Replies (1) | Respond to of 202211
 
Snowline Gold (SGD-V) Tis the end of Yukon Exploration Season the plays will be weak until after PDAC2024, but the chart will consolidated.

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Snowline Gold 256.2-metre interval averaging 2.2 grams of gold per tonne, a hit starting just below surface on the Valley target at its Rogue project in the mountains of east-central Yukon. A 100-metre interval at the top of the zone averaged 3.28 grams per tonne.

Five other holes produced gold, including a 518-metre surface-based hit averaging 1.14 grams per tonne. There was a richer interval there as well -- just not at surface -- as the 125.5-metre midsection of the zone averaged 1.75 grams of gold per tonne. A third hole did well, with 1.62 grams per tonne across 229 metres. As with the headline hit, the uppermost 100 metres averaged 2.56 grams per tonne.

Mr. Berdahl, CEO, was predictably pleased, even if the market was not. The latest result, he cheered, "demonstrates high continuity of mineralization in three dimensions and adds considerable scale to the extent of the known system, which remains open." These new holes primarily tested undefined margins of the corridor within the Valley intrusion, and they returned "such strong grades" Mr. Berdahl beams. He reminds you that the reserve grades of the "nearest operating mines of this type" average just 0.64 gram per tonne and 0.37 gram per tonne respectively.

Business Reporter