Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF) has said it is getting ready to kick off a new drill program at its Einarson gold project in Yukon, Canada.
The Vancouver-based junior said it has mobilized a drill rig to the 61,000-hectare property in preparation for a 1,500 metre Phase I program consisting of between 200 to 300-metre shallow holes.
Phase II will build on the surface exploration and drill results with an additional 1,500 metres that will cover targets on Einarson and the nearby Rogue project.
READ: Snowline Gold plans to launch fully funded exploration program at its flagship Einarson and Rogue projects in Yukon
Einarson encompasses multiple kilometres-scale geochemical anomalies prospective for Carlin-type gold deposits and multiple instances of structurally controlled quartz mineralization with grab samples grading up to 34.2 grams per ton (g/t) gold.
Snowline is hoping to test a newly-defined zone at Einarson known as Jupiter, a three kilometre-long anomalous gold-in-soil values with mineralized quartz boulders that have assayed up to 25.2 g/t gold.
The company told investors it believes the style of mineralization at Jupiter shows similarities to Newfound Gold’s Queensway project or Kirkland Lake Gold’s Fosterville mine.
“We are very excited to begin drilling at Jupiter,” said Scott Berdahl, COO of Snowline, in a statement. “Our first-ever drill programme will build on several campaigns of mineral discovery and target-defining exploration. The broad areal extent, high-grade surface samples, and geological similarities to large epizonal gold deposits make Jupiter a very prospective target.”
Snowline boasts one of Yukon’s largest mineral portfolios at more than 90,000 hectares, with more than 72,000 hectares in the famed Selwyn Basin that is home to both Einarson and Rogue.
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Story by ProactiveInvestors
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