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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

Post by megacopperon Nov 20, 2022 2:26am
511 Views
Post# 35113454

High grade conduit feeder plunging to the west at Valley

High grade conduit feeder plunging to the west at Valley

I also think (see comment from ceo forum below) that the higher conduit feeding the gold into the intrusion is plunging off to the west under the hornsfels (rocks that were baked from metamorphosis). The reason I say that is because holes 1 and 2 intersected large widths of hornsfels greater than 100 meters think at around 1 g/t. And they both ended in decent gold grades at the end of the holes. So they had not drilled into the actual intrusion but into the hornsfels that were the rocks that were very near the conduit feeding the intrusion.

https://stockhouse.com/news/press-releases/2022/01/25/snowline-gold-intersects-1-01-grams-per-tonne-over-136-8-metres-in-first-hole
 

Figure 1 - Gold assay results (yellow) for V-21-002plotted against lithologies for holes V-21-001 & V-21-002. Both holes crossed large zones of hornfels associated with the emplacement of the Valley stock, with intense silicification often obscuring original lithologies.



So beneath holes 1 and 2 on the western edge of the intrusion we could be in for a pleasant surprise next summer. My gut feeling is the high grade core of this deposit goes much deeper and is much larger than anyone thinks and it indeed goes out under the hornsfels rocks encountered in holes 1 and 2.


 And just wait until they find the intrusion at Gracie. The footprint of that target at surface makes the Valley discovery look small. Snowline really needs to get more drills in there next summer and hit the Valley and Gracie targets with as much fire power as they can muster up. The best is yet to come for Snowline shareholders.



@Tminus1blkSwan Just watched the weekly Friday Crescat show, recommend everyone do as well. Interesting theory QH proposes about the conduit for the high grade plunging to the west, from underneath the hornfels drilled in 2021. Starts at the 1hr-48min mark https://youtu.be/GNmBUpweQp4

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