The firm said it presently has two drills deployed and active at the Rogue Valley Zone, where a total of 7,554m of drilling has been completed to date.
#Helium explorer update#
The company provided a general update on the status of its exploration efforts. The company noted that, as it reported previously in February 2022, results from hole V-22-003 had returned 1.25 g/t Au over 168.7m beginning from bedrock surface. The firm mentioned that Holes V-22-005 and V-22-006 were drilled in order to test the width of the mineralized quartz vein system adjacent to the 2021 discovery hole V-22-003. "The Valley discovery is a work in progress - we eagerly await the remainder of results for V-22-007 and for many other holes from this year's ongoing drill campaign," CEO Berdahl added. These high grades are associated with unusually high quartz vein densities that are present across a large area." Snowline Gold Corp.'s CEO and Director Scott Berdahl remarked, "Our initial assay results demonstrate increasing scale and fertility in the Valley Zone … In an aggressive step back 154 m to test the width of the system with Hole V-22-005 and an aggressive step out 340 m along the length of the system with V-22-007, we've encountered grades and intervals greater than those of our discovery holes last season. The company stated that drilling at both targets is ongoing and noted that assays are pending for a majority of its active drill program. Snowline listed that starting from a depth of 7.7m, core samples from Hole V-22-005 registered 331m of 1.03 g/t Au that included 191.95m of 1.52 g/t Au. Snowline Gold commented that the gold grade values measured within Hole V-22-007 showed a high degree of consistency, with 72.4% of the core length returning assays higher than 1.0 g/t Au. The company noted that the hole was extended another 127.1m deeper, and it is still waiting to receive those results. The firm indicated that starting from a near-surface depth of 5.1m (meters) to a depth of 288.0m, assay results from Hole V-22-007 returned an average of 2.30 g/t Au over 282.9m, including 146 m of 3.24 g/t Au. The company stated that drilling completed in two holes at the Valley Zone, Holes V-22-005 and V-22-007, had intersected a broad central corridor of mineralization averaging greater than 1.5 g/t Au (grams per ton gold) over substantial widths. (SCD:CSE SNWGF:OTCQB), today announced "initial, preliminary assay results from its 2022 drilling program at the Valley Zone, Rogue Project, Yukon." It does not store any personal data.Yukon gold explorer Snowline Gold Corp. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin.
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