Snowline Gold intersects high-grade gold at its Einarson project in the Yukon

Snowline Gold Corp has announced additional assay results from Phase I drilling at the Jupiter zone on its Einarson gold project in Canada’s Yukon Territory, which included 13.9 grams per ton (g/t) gold over 6.0 metres (m).

As well, Snowline noted a set of three holes drilled radially from the same pad as J-21-011 all hit “significant” gold mineralization, which the company said indicates a broad zone comprising multiple gold-bearing structures and rock units.

“These results build on our discovery hole, demonstrating the presence of a robust gold system at Jupiter,” Snowline Gold CEO Scott Berdahl said in a statement.

READ: Snowline Gold encounters visible gold in Jupiter drill core, completes electromagnetic survey at URSA

“We were excited this summer to get the excellent results from J-21-011. To follow that up with multiple broad gold intercepts with high grades across multiple holes indicates the significance of this mineralizing system,” Berdahl added.

The company also said it is awaiting assay information on an additional nine holes from Jupiter, including J-21-020 which contained visible gold, and other holes with “encouraging” zones of alteration, quartz-carbonate veins and/or sulphide mineralization.

Furthermore, Snowline said it is awaiting assay information for its four holes drilled at the Valley zone on the nearby Rogue project, all of which intersected trace amounts of visible gold in drill core. 

Snowline Gold is a Yukon Territory-focused gold exploration company with a seven-project portfolio covering more than 90,000 hectares. It is exploring its flagship 72,000-hectare Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin.

Contact Sean at [email protected]

Story by ProactiveInvestors