Snowline Gold Corp V.SGD

Alternate Symbol(s): SNWGF

Metals & Mining Gold

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.

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Snowline Gold Corp > Press release

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Comment by AlwaysLong683on Jun 18, 2024 6:16am

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Post# 36093475

RE:RE:Press release

For perspective:

Current Market Cap:
ARTG: $2B
SGD: $882M

Both open pit mines on virgin land.

Current Resource & Reserve Estimates produced:
Blackwater: 8M AuEq ounces Proven & Probable Reserves
Valley: 3.3M Au ounces Inferred resource
4M Au ounces Indicated resource

Location (ARTG):
- Central B.C.
- Year Round Access
- Existing Infrastructure: Roads, Power (Hydroelectric), Water

Fully Permitted

First Nations Support (workforce: 50% local and 30% indigenous)

Estimated Initial Capex: $730 - $750M CAD

Mine Build 73% complete as at March 31, 2024.

First Pour slated for H2 2024.