Snowline Gold Corp. (CSE:SGD) has reported more positive drill assays from its Valley bulk-tonnage gold target at the Rogue project in the Yukon.
The latest results, from two holes, expand on the first two of the four-hole program, and again hit "broad zones of high gold values associated with visible gold in sheeted vein arrays", said the company.
One hole returned 1.56 grams pr ton (g/t) gold over a length of 125 meters (m), which started from surface, and was within a broader mineralized zone averaging 1.25 g/t of the yellow metal over 168.7m. The second hole threw up 0.90 g/t gold over 69.5m from 65m depth, within a broader mineralized zone averaging 0.77 g/t gold over 93.8m.
READ: Snowline Gold makes second 'significant' gold discovery in the Yukon at Valley target
Snowline noted that the length, width and depth of the discovery remain open and the drill is on site to start work in the spring of 2022.
"These results build on what was already a remarkably successful first season for Snowline," said Scott Berdahl, CEO of Snowline Gold in a statement.
He noted that the latest two holes were drilled "specifically to crosscut and better test the width of the sheeted vein arrays at Valley".
"Hole V-21-003 began in a mineralized interval, so that width remains open. That it intersected a higher total gold content than any other hole drilled by Snowline in 2021 is a promising sign both for the Valley target and the broader Rogue project.
"Hole V-21-004 also hit strong grades, demonstrating that the system is open along its length, which continues beyond the margins of the intrusion," he added.
"We are eager to follow up on these results with a significant drill program at Valley in 2022."
Snowline Gold is a Yukon Territory-focused gold explorer with a seven-project portfolio covering over 100,000 hectares (ha).
The flagship asset is the 72,000-hectare (ha) Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin.
Contact the writer at giles@proactiveinvestors.com