Snowline Gold expands its Yukon project by 80 per cent

• Snowline Gold (TSXV:SGD) has staked substantially all remaining open ground over the Rogue Plutonic Complex
• This is the broad geological feature responsible for gold mineralization at the Rogue Project’s Valley discovery
• The staking expands Snowline’s 100 per cent owned Rogue Project by roughly 80 per cent to 944 square kilometres and consolidates the 60 km by 30 km geological feature for systematic, comprehensive exploration
• Snowline Gold Stock (TSXV:SGD) opened trading at C$2.69 per share

Snowline Gold (TSXV:SGD) has staked substantially all remaining open ground over the Rogue Plutonic Complex in Canada’s Yukon Territory.

This is the broad geological feature responsible for gold mineralization at the Rogue Project’s Valley discovery and other nearby reduced intrusion-related gold system targets.

The staking expands Snowline’s 100 per cent owned Rogue Project by roughly 80 per cent to 944 square kilometres and consolidates the 60 km by 30 km geological feature for exploration.

Additional strategic and targeted staking on the company’s surrounding Cynthia, Einarson, and Ursa projects brings its total Yukon Territory mineral tenure holdings to 3,339 square km.

The company’s CEO and director, Scott Berdahl, stated that the 2022 drill results at Valley indicate the Rogue Plutonic Complex has the necessary geological ingredients to produce a significant gold system.

“The Valley discovery highlights the geological potential of the rest of this regional-scale geological feature, where limited historical work and our own efforts have produced an abundance of intriguing results, anomalies, and discoveries. We have actively built, progressively and systematically, not just a first-mover position but effectively an ‘only-mover’ position in a fertile area that we believe has the potential to become a new gold district. We can now comprehensively and responsibly explore this area, focusing not only on advancing our existing targets but on making additional discoveries as well.”

Along with staking, the team has been compiling and digitizing historical work from various campaigns in the Rogue project area carried out from the 1960s to 1990s, adding it to the company’s database that dates back to the early 2010s to present day.

The Valley Zone on Snowline’s flagship Rogue Project is a newly discovered, bulk tonnage style, reduced intrusion-related gold system.

Snowline Gold Corp. is a Yukon Territory-focused gold exploration company with a 17-project portfolio covering more than 2,800 square km. The company recently purchased from two arm’s-length entities, a mineral property portfolio composed of 92 claims in the vicinity of its Rogue Project in the Yukon Territory, Canada. Historical work on these claims suggests the presence of multiple reduced-intrusion related gold systems within the Rogue Plutonic Complex, the geological system which hosts Snowline’s Valley discovery. Click here to read more.

Snowline Gold (SGD) opened trading at C$2.69 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.