RE:A classic reduced intrusion-related gold systemmegacopper wrote: Dr. Craig Hart describes the Valley target below from previous news releases.
These results and related geochemical metal associations with bismuth and tellurium conclusively characterize Valley as a classic reduced intrusion-related gold system," commented Snowline chair and director Dr. Craig Hart, an internationally recognized expert on this deposit type. "It has lots of similarities to Kinross' Ft. Knox Gold Mine in Alaska and Victoria Gold's Eagle Gold Mine in the Yukon, and most importantly these early results yield some very good grades. These systems are well understood, and these early Valley drill holes are in just one shoulder of the system - so there is still lots of room to follow-up."
Based on the geological setting, the style of mineralization and the geochemical and mineral associations observed in drill core, Valley is interpreted to be a reduced intrusion-related gold system (RIRGS). Elsewhere, RIRGS gold deposits are known to form important commercial gold resources, including Victoria Gold Corp.'s Eagle Mine in the Yukon and Kinross Gold Corporation's Fort Knox Mine in Alaska. Both deposits are hosted in intrusive rocks analogous to those at Valley.
Guys Snowline Gold is the real deal. SGD will be going a whole lot higher. I think Newmont will want to buyout this one. Listen to Quinton Hennigh starting at the 34 minute mark below describing the geology and what he thinks about Snowline's Rogue property that hosts the Valley and Gracie targets. It's absolutely huge. This could be one of the largest gold discoveries in North America in recent memory. Enjoy the ride!!!
https://m.youtube.com/watch?v=XW9cpTQU730