Valley consistency becomes commonplace

Snowline Gold Corp. Jan. 3 announced the next set of assays from its 2023 exploration program at Valley target on the company's Rogue project in Yukon, Canada, keeping consistent with the incredible hundreds-of-meters-long intervals that have made this prospect one to keep an eye on.

Following the release of a year-end review for 2023, the first report for 2024 is the expected results from the remaining holes drilled in last year's 22,000-meter drill program.

"The latest results from the Rogue project's Valley target further emphasizes the continuity of strong, near-surface gold mineralization present across a wide area," said Snowline Gold CEO Scott Berdahl.

While assays remain pending for approximately 3,850 meters of drilling in 11 holes, the latest batch comes from three holes that continue to show the incredible mineralized extent of Valley.

Highlights from the latest holes drilled include: 308.8 meters averaging 2.15 grams per metric ton gold from surface in hole V-23-064; 342 meters averaging 1.59 g/t gold from surface in V-23-063; and 417 meters averaging 1.41 g/t gold from surface in V-23-062.

"V-23-064 is drilled through one of the largest remaining gaps in the central part of the target, carrying an average grade of greater than 3 g/t gold over a 180-meter downhole interval from surface," said Berdahl. "As is generally the case at Valley – and as seen in holes drilled in every direction around V-23-064 – mineralization is remarkably consistent. Every single assay in the first 100 meters downhole returned greater than 1 g/t gold."

While hole 064 demonstrates strong consistency of near-surface, multiple gram-per-metric-ton-gold mineralization within a gap between previous drilling at Valley, holes 062 and 063 were drilled in the northwestern part of the target and add dimensionality and consistency to known mineralization in that direction.

"On the high side, only three samples in V-23-064 returned greater than 10 g/t gold, so the intervals are not heavily influenced by outliers but are carried instead by consistent grade," added Berdahl. "Additional holes V-23-062 and 063 bolster the known scale of the northern part of the system, where we are still chasing open boundaries to mineralization. With results for six holes remaining from the 2023 drill program at Valley, we are excited by the large robust mineral system taking shape at the target."

In addition to the usual results from Valley, Snowline reported additional analytical results from a phase one drill program on the company's Cliff project, an orogenic gold project located in southwestern Yukon on the border of Alaska.

Snowline says that while elevated gold values were present in association with sparse quartz veins in the two holes, the grading seen in previous holes of greater than 1 g/t gold was not encountered. The reported results from Cliff include: 1.5 meters averaging 0.3 g/t gold from surface in hole CL-23-004; and 1.5 meters averaging 0.54 g/t gold from a depth of 175.5 meters in CL-23-005.