Post by
MightyPoPo on Feb 03, 2023 7:10am
News out!
I like it. And believe this is the longest intercept.
Snowline Gold Intersects 363.5 M Of 1.4 Grams Per Tonne Gold from Surface Including 129.9 M Of 2.0 Grams Per Tonne Gold at Its Valley Discovery, Rogue Project, Yukon
Comment by
megacopper on Feb 03, 2023 8:01am
That is an incredible intersection. That is a 1200 foot intersection of 1.4 g/t gold. Considering that Victoria Gold's Eagle deposit only averages 0.65 g/t gold and is the largest producing gold mine in the Yukon I would consider Snowline's Valley deposit to be much larger and much better grade. This is great news for SGD shareholders.
Comment by
Goldziggy on Feb 03, 2023 8:07am
SGD is worth easily a double from here today if you compare it to victoria gold grades and market cap
Comment by
megacopper on Feb 03, 2023 8:50am
Yes I would agree. Now we wait to see what Mr. Market thinks about the news.
Comment by
MightyPoPo on Feb 03, 2023 8:59am
the million dollar question...but looking like it's not shaping up to be a great day for gold...
Comment by
Flyder on Feb 03, 2023 10:40am
I suppose it is a good sign that SGD is up .02 when gold is down nearly $40 today. I wonder what SGD will do with their drilling plans this year at Valley? Will they concentrate on that SW area of the intrusion and prove up tonnage?