Snowline Gold – 2024 Highlights: Valley Deposit Initial Resource, Over 35,000 Meters of Drilling, Environmental Stewardship Award, C$43.2M In the Bank To End The Year
Scott Berdahl, CEO of Snowline Gold (TSX.V:SGD – OTCQB:SNWGF) joins me to recap the highlights from 2024.
Scott outlines Snowline’s initial mineral resource estimate at the Valley Deposit, with over 7 million ounces in indicated and inferred categories. The discussion also includes operational achievements, such as completing over 35,000 meters of drilling, and receiving an environmental stewardship award. Scott further addresses the importance of community involvement, especially in the Yukon. Financial strength and institutional ownership are also discussed, with Snowline ending 2024 with over C$42 million in the treasury.
Looking ahead to this year, plans include an updated resource estimate and continued drilling activities.
If you have any follow up questions for Scott please email me at Fleck@kereport.com.
ES, “Are You Kidding Me”, “No I am quite serious!” DT
Snowline Gold and New Found Gold are probably the only exploration companies currently operating in Canada that are future producers. Take Snowline Gold they are up in the Yukon a nightmare to get qualified contractors and building materials to their location. I think that is one of the reasons Victoria Gold had spills at their containment ponds it is a difficult location to work from and get qualified people to want to live there during the transition. Not to mention transportation costs.
On the other hand, New Found Gold is 18km. away from Gander International Airport. The trans-Canada highway runs through their property. Logging roads criss-cross the Queensway project. They have barge access along the coast and Gander Newfoundland with a ready skilled labor force is only 15 km. away. There are two mills within trucking distance one The Pine Cove Mill just completed a refurbishment. This is not investment advice but when you compare apples with apples it is clear who has the advantage not to mention grades. Just check out the drilling highlights at NFG. DT🤣
https://newfoundgold.ca/