Scott Berdahl, CEO of Snowline Gold (TSX.V:SGD – OTCQB:SNWGF) joins me to recap two recent news releases reporting drill results from the Valley Deposit on the Rouge Project and the Jupiter Target on the Einarson Project. These drill results come from the ongoing 25,000 meter drill program.
We initially focus on new high-grade, long intercept drill results from the Valley Deposit, Hole 77 intersected 435 meters at 1.6 grams per ton (g/t) gold, which included a segment of 150 meters at nearly 2.4 g/t gold. We also delve into the August 7th news release, highlighting the third and fourth highest-ranking holes from the Valley Deposit. We discuss what this means for the initial 7.31 million ounce (indicated + inferred) resource estimate.
In the August 29th news release there were results from the Jupiter Target on the Einarson Project. I ask about the potential significance of this target and project to the overall Company. Additionally, there was news of visible gold found in other targets like Aurelius and Sydney within Snowline’s Yukon project portfolio. Scott elaborates on Snowline’s strategy to upgrade and expand the initial resource at the Valley Deposit, announced in June, and to make new discoveries.