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Snowline Gold Corp V.SGD

Alternate Symbol(s):  SNWGF

Snowline Gold Corp. is a Canada-based gold exploration company. The Company operates an eight-project portfolio covering approximately 333,000 hectares (ha). The Company is engaged in exploring its flagship project consisting of approximately 94,000 ha Rogue and Einarson gold projects in the highly prospective, underexplored Selwyn Basin. The Company’s project portfolio includes Einarson, Rogue, Tosh, Cliff, Rainbow, Cynthia, and Ursa claims. The Einarson property consists of two main claim blocks and several outlying claim groups covering a combined 61,690 hectares. The Rogue Property comprises 442 mineral claims covering 11,227 hectares. The Cliff Property covers approximately 2,724 hectares. The Tosh Property covers approximately 3,700 hectares and is located 20 kilometers (km) from the paved, all-season Alaska Highway. The Rainbow Property covers approximately 1,225 ha. The Cynthia Property covers approximately 1,399 hectares. The Ursa claims covers approximately 7,755 hectares.


TSXV:SGD - Post by User

Comment by megacopperon Aug 24, 2022 1:04pm
137 Views
Post# 34917521

RE:RE:QH/Crescat on Twitter

RE:RE:QH/Crescat on Twitter

Flyder wrote: This could approach $5 by the end of the day.  Incredible assay results today.  And how about:

3.24 g/t Au over 146.0 m from 56.0 m downhole

 



I am hoping for a close on Friday somewhere between $4.50 and $5.00 which would be a great launching area for getting more assay results next week. I'm hopeful the rest of hole V-007 will run decent grade right to the end of the hole. Huge sweet spot in this deposit.


Eventually Snowline Gold SGD should be worth multiples of Victoria Gold's market valuation of $700 million given that VGCX only has a resource of 4 million ounces with an average grade of 0.65 g/t. SGD's Valley target is several times that size and the average grade will definitely be greater than 1 g/t in my opinion especially given today's great news. Still very early in the discovery stage with this one. Lots of room to run yet. The stock should close in on $5 by the Friday evening. 

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