Hole V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m, locally outperforming the mineral resource estimate block model
Hole V-24-095 returned 604.5 m from surface at 0.65 g/t Au, including 160.5 m at 1.13 g/t Au, with the bottom 189.5 m of interval outside of mineral resource estimate
Assays remain pending for >15,000 m from 38 holes across four targets at Snowline's Rogue and Einarson projects.
VANCOUVER, BC / ACCESSWIRE / December 4, 2024 / SNOWLINE GOLD CORP (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada's Yukon Territory alongside updates on regional exploration. Drilling in and around the northwestern part of the Valley deposit (V-24-093, 095 & 097) continues to delineate consistent mineralization within and beyond the limits of the current mineral resource estimate (MRE) for Valley. Towards the northeastern side of the Valley deposit, V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m from 139.0 m downhole, outperforming the mineral resource model along its length. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >15,000 m of drilling in 38 holes across four different targets.
Table 1 -Highlight summary of Snowline's latest assay results; see Table 2 for details. *Interval widths reported.
"Our latest results from Valley continue to advance our goals for the 2024 drilling campaign," said Scott Berdahl, CEO & Director of Snowline. "They upgrade our confidence in the initial mineral resource estimate, and they expand the physical limits of the mineralized system at Valley as we know it. It is exceptional to see such consistency across batch after batch of analytical results-and a hallmark of a top-tier gold deposit. We look forward to assessing the overall contributions of these results to an updated mineral resource estimate for Valley in 2025."
VALLEY DRILLING, ROGUE PROJECT
Figure 1 - Plan map of drill results and progress on the Rogue Project's Valley deposit, highlighting current results in drill holes V-24-093 through V-24-097. Past analytical results are faded, while instances of visible gold in holes awaiting assay are marked by yellow spheres. Drill holes with assays pending (27 holes from Valley) are labelled in blue.
Hole V-24-096
Hole V-24-096 is collared within the Valley intrusion, roughly 53 m northeast of V-23-034 (418.9 m @ 1.9 g/t Au including 216.0 m @ 3.1 g/t Au, see July 5, 2023 news release) and 58 m southeast of V-23-045 (517.9 m @ 1.14 g/t Au from surface, see September 11, 2023 news release). The hole is drilled to the southwest, testing a northeastern extension of strong gold mineralization predicted by the Valley deposit block model.
The hole runs through coarse-grained granodiorite for the top 350 m, at which point it transitions to the fine-grained porphyritic unit with localized intrusive breccias. As is seen elsewhere in the deposit, quartz vein densities are high near the transition between the two units, with higher gold grades in the coarse-grained unit proximal to the porphyritic unit. From 674 m to the end of the hole at 740 m the hole returns to coarse-grained granodiorite with generally low quartz vein densities.
The results of this hole complement those of V-24-077 to its northeast (Figure 2), which also exceeded block model expectations based in the initial Valley MRE. These results are expected to help upgrade and de-risk relevant areas of the initial MRE for Valley. The ultimate effect of this result will be quantified along with analytical results of all subsequent holes in an updated MRE at a later time.
Figure 2 - Cross-section B-B', showing V-24-096 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024 (bold labels). Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Areas without blocks have not been modelled and were assumed as nil for the initial Valley MRE. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 80 m.
Figure 3 - Cross-section A-A', showing V-24-093, 095 & 097 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024. Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Note the large areas without blocks, which have not been modelled and were assumed as nil for the initial Valley MRE and for calculating pit shell constraints and total waste rock. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 140 m, with V-24-097 well in the background-relative positions can be seen in the plan map in Figure 1.
Figure 4 - Relatively coarse native gold as seen in each of the five Valley drill holes reported herein. Gold mineralization at Valley primarily consists of native gold hosted in quartz veins crosscutting the mid Cretaceous Valley intrusion and surrounding sedimentary rocks. Visible gold is common, with tens to hundreds of occurrences per hole consistently observed in well mineralized holes throughout the deposit. Gold often occurs proximal to various minor bismuth and tellurium sulphide minerals and alloys (grey minerals in above figures). As previously disclosed, the nature of this gold mineralization renders it available for high recovery rates from various conventional processing techniques, even in non-oxidized rock, as seen in initial metallurgical tests (94% average bottle roll cyanidation to 96% carbon-in-leach). All images are displayed at the same scale.
Table 2 - Summary of significant mineralization returned from current holes from Valley and other targets. The consistency of strong mineralization in the Valley deposit is reinforced by the capped values in the rightmost column, wherein any assay result >10 g/t Au is replaced by 10.0 g/t Au to calculate the average interval grades. Holes with prefixes "SY" and "J" are from the Sydney and Jupiter targets on the Cynthia and Einarson projects, respectively. *Interval widths reported; true widths of the system are complex, with different vein generations, orientations, and grade distributions present within various intervals through the bulk tonnage gold target at Valley.
ANNUAL EQUITY INCENTIVE AWARDS
The Company has granted a total of 360,000 restricted share units and 100,000 deferred share units (together, the "Equity Incentive Awards") to various employees, consultants, directors, and officers of the Company. The Equity Incentive Awards have been granted pursuant to the Company's Omnibus Incentive Plan and are subject to vesting provisions. The purpose of these awards is to align and incentivize around ongoing contributions, and to recognize contributions made to the growth of the Company and advancement of its projects by personnel at all levels.
QA/QC
On receipt from the drill site NQ2-sized drill core was systematically logged for geological attributes, photographed and sampled at Snowline's "Forks" Camp. Sample lengths as small as 0.5 m were used to isolate features of interest, but most samples within moderate to strong mineralization were 1.0 m in length; otherwise, a default 1.5 m downhole sample length was used. Core was cut in half lengthwise along a pre-determined line, with one half (same half, consistently, dictated by orientation line where present or by dominant vein orientation where absent) collected for analysis and one half stored as a record. Field duplicates were collected at regular intervals as 1⁄4 core samples by splitting the 1⁄2 core sent for sampling, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials and blanks were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor to Bureau Veritas' preparatory facility in Whitehorse, Yukon. Sample preparation was completed in Whitehorse, with analyses completed in Vancouver.
Bureau Veritas is accredited to ISO/IEC 17025 and ISO9001 for quality management. Samples were crushed by BV to >85% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. A four-acid digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 59-element analysis on 0.25 g sample pulps (BV code: MA250). All samples were analysed for gold content by fire assay with an atomic absorption spectroscopy (AAS) finish on 30 g samples (BV code: FA430). Any sample returning >10 g/t Au was reanalysed by fire assay with a gravimetric finish on a 30 g sample (BV code: FA530).
For the purposes of this release, contiguous mineralized intervals at Valley are defined as runs of mineralization with no break >5.0 m assaying <0.1 g/t Au and may include any highlight subsections thereof.
ABOUT ROGUE
Snowline Gold's 100%-owned, flagship Rogue Project, in Canada's Yukon Territory, covers a 60 x 30 km cluster of intrusions in the eastern Tombstone Gold Belt known as the Rogue Plutonic Complex.
Since its launch in 2021, Snowline has progressed the Rogue Project's Valley target from a greenfield prospecting discovery to a significant bulk tonnage gold resource, with 4.05 Moz gold indicated mineral resource at 1.66 g/t Au and an additional 3.26 Moz inferred mineral resource at 1.25 g/t Au within a pit-shell constraint. The resource estimate numbers are supported by the recent technical report for Rogue, prepared in accordance with NI 43-101 standards, entitled "Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate," authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024.
Exploration of the open Valley deposit is ongoing. Valley is a reduced intrusion-related gold system (RIRGS), geologically similar to multi-million-ounce RIRGS deposits currently in production, like Kinross's Fort Knox Mine in Alaska, but with substantially higher gold grades. Gold is associated with bismuthinite and telluride minerals hosted in sheeted quartz vein arrays within and along the margins of a one-kilometer-scale, mid-Cretaceous aged Mayo-series intrusion.
The Rogue Project area hosts multiple intrusions similar to Valley along with widespread gold anomalism in stream sediment, soil and rock samples. Elsewhere, RIRGS deposits are known to occur in clusters. For these reasons, Snowline considers the Rogue Project to have district-scale potential to host additional reduced intrusion-related gold systems.
Figure 5 - Project location map for Snowline Gold's eastern Selwyn Basin properties: Rogue, Einarson, Ursa, Cynthia and Olympus. The Valley target is one of several prospective reduced intrusion-related gold targets on the broader 30 x 60 km Rogue Project.
ABOUT SNOWLINE GOLD CORP.
Snowline Gold Corp. is a Yukon Territory focused gold exploration company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is exploring its flagship 111,000 ha (1,110 km2) Rogue gold project in the highly prospective yet underexplored Selwyn Basin. Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits. The Company's first-mover position and extensive exploration database provide a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.
QUALIFIED PERSON
Information in this release has been prepared under supervision of and approved by Thomas K. Branson, M.Sc., P. Geo., VP Exploration of Snowline Gold Corp, as Qualified Person for the purposes of National Instrument 43-101.
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements regarding the significance of analytical results, the significance of visual drill core observations and visible gold, the potential effects of current analytical results on future mineral resource estimates including expansion of the pit shell and de-risking of the current estimate, the discovery potential within the Valley intrusion and on other exploration targets, the potential for investors to participate in multiple future discoveries, the Rogue project having district-scale prospectivity, the creation of a new gold district and the Company's future plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
SOURCE: Snowline Gold Corp.
Hole V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m, locally outperforming the mineral resource estimate block model
Hole V-24-095 returned 604.5 m from surface at 0.65 g/t Au, including 160.5 m at 1.13 g/t Au, with the bottom 189.5 m of interval outside of mineral resource estimate
Assays remain pending for >15,000 m from 38 holes across four targets at Snowline's Rogue and Einarson projects.
孔 V-24-096 从地表返回了 1.08 克/吨黄金,长度为 38600万,包括 2.00 克/吨黄金,长度为 12050万,局部超出了涉矿概念估算块模型的表现。
孔 V-24-095 从地表返回了 60450万,黄金含量为 0.65 克/吨,包括 16050万,黄金含量为 1.13 克/吨,底部 18950万的区间在涉矿概念估算之外。
来自 Snowline 的 Rogue 和 Einarson 项目中的 38 个目标的 >1500000万 的分析结果仍在待定中。
VANCOUVER, BC / ACCESSWIRE / December 4, 2024 / SNOWLINE GOLD CORP (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada's Yukon Territory alongside updates on regional exploration. Drilling in and around the northwestern part of the Valley deposit (V-24-093, 095 & 097) continues to delineate consistent mineralization within and beyond the limits of the current mineral resource estimate (MRE) for Valley. Towards the northeastern side of the Valley deposit, V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m from 139.0 m downhole, outperforming the mineral resource model along its length. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >15,000 m of drilling in 38 holes across four different targets.
温哥华,BC / ACCESSWIRE / 2024 年 12 月 4 日 / SNOWLINE 黄金 corp (tsxv:SGD)(otcqb:SNWGF) ("公司"或"Snowline") 很高兴地宣布来自其在加拿大育空地区的 Rogue 项目 2024 年 Valley 存入资金钻探活动的额外分析结果,并更新区域勘探情况。在 Valley 存入资金的西北部及周边的钻探 (V-24-093,095 & 097) 继续描绘出当前涉矿概念估算 (MRE) 的一致矿化情况,在 Valley 存入资金的东北侧,V-24-096 从地表返回了 1.08 克/吨黄金,长度为 38600万,包括从 13900万 向下孔的 2.00 克/吨黄金,超出了其长度上的涉矿概念模型。公司期待着来自其 2024 年勘探活动大部分的分析结果,包括来自四个不同目标的 38 个孔的 >1500000万 的钻探。
Table 1 -Highlight summary of Snowline's latest assay results; see Table 2 for details. *Interval widths reported.
表 1 - Snowline 最新分析结果的重点摘要;详细信息请参见表 2。* 报告的区间宽度。
"Our latest results from Valley continue to advance our goals for the 2024 drilling campaign," said Scott Berdahl, CEO & Director of Snowline. "They upgrade our confidence in the initial mineral resource estimate, and they expand the physical limits of the mineralized system at Valley as we know it. It is exceptional to see such consistency across batch after batch of analytical results-and a hallmark of a top-tier gold deposit. We look forward to assessing the overall contributions of these results to an updated mineral resource estimate for Valley in 2025."
"我们从 Valley 获得的最新结果继续推进我们 2024 年钻探活动的目标," Snowline 的首席执行官及董事 Scott Berdahl 说。"它们提升了我们对初步涉矿概念估算的信恳智能,并扩展了我们所知道的 Valley 矿化系统的物理边界。看到这种一致性在分析结果的批次中不断重复,这是非凡的,也是顶级黄金存入资金的标志。我们期待评估这些结果对 2025 年 Valley 更新涉矿概念估算的整体贡献。"
VALLEY DRILLING, ROGUE PROJECT
罗格项目谷床钻探正在进行中,三台钻机正在升级和扩展当前资源。到目前为止,谷床已经在21个孔(图1),以及正在进行的3个孔中钻探了大约1100万克拉。当前矿卡估计对于谷床内外都观察到了可见黄金和片状石英脉体。公司在等待从进行中的钻探活动中得到分析结果,以评估这些观察结果的重要性。
Figure 1 - Plan map of drill results and progress on the Rogue Project's Valley deposit, highlighting current results in drill holes V-24-093 through V-24-097. Past analytical results are faded, while instances of visible gold in holes awaiting assay are marked by yellow spheres. Drill holes with assays pending (27 holes from Valley) are labelled in blue.
图1 - 罗格项目的山谷存入资金的钻探结果和平面图,突出显示了钻孔V-24-093至V-24-097的当前结果。过去的分析结果已褪色,而尚待测试的钻孔中可见黄金的实例被黄色球体标记。尚待分析的钻孔(来自山谷的27个孔)用蓝色标签标记。
Hole V-24-096
Hole V-24-096 is collared within the Valley intrusion, roughly 53 m northeast of V-23-034 (418.9 m @ 1.9 g/t Au including 216.0 m @ 3.1 g/t Au, see July 5, 2023 news release) and 58 m southeast of V-23-045 (517.9 m @ 1.14 g/t Au from surface, see September 11, 2023 news release). The hole is drilled to the southwest, testing a northeastern extension of strong gold mineralization predicted by the Valley deposit block model.
钻孔V-24-096
钻孔V-24-096位于山谷侵入体内,距离V-23-034约5300万(41890万 @ 1.9 g/t 黄金,包括21600万 @ 3.1 g/t 黄金,详见2023年7月5日的资讯发布),并且距离V-23-045约5800万(51790万 @ 1.14 g/t 黄金,自表面起,详见2023年9月11日的资讯发布)。该孔向西南钻探,测试根据山谷存入资金区块模型预测的强黄金矿化的东北延伸部分。
The hole runs through coarse-grained granodiorite for the top 350 m, at which point it transitions to the fine-grained porphyritic unit with localized intrusive breccias. As is seen elsewhere in the deposit, quartz vein densities are high near the transition between the two units, with higher gold grades in the coarse-grained unit proximal to the porphyritic unit. From 674 m to the end of the hole at 740 m the hole returns to coarse-grained granodiorite with generally low quartz vein densities.
该孔在上部35000万穿越粗粒花岗闪长岩,此后过渡到细粒长石质单元和局部侵入角砾岩。正如在矿区的其他地方所见,两个单元之间的过渡区内石英脉的密度较高,粗粒单元中靠近长石质单元的黄金品位较高。从67400万到孔底74000万,该孔再次回到粗粒花岗闪长岩,通常石英脉的密度较低。
The results of this hole complement those of V-24-077 to its northeast (Figure 2), which also exceeded block model expectations based in the initial Valley MRE. These results are expected to help upgrade and de-risk relevant areas of the initial MRE for Valley. The ultimate effect of this result will be quantified along with analytical results of all subsequent holes in an updated MRE at a later time.
该孔的结果补充了其东北方向V-24-077的结果(图2),该结果也超出了基于初步山谷矿产资源估算的区块模型预期。这些结果预计将有助于提升和减少初步山谷矿产资源估算的相关区域的风险。该结果的最终影响将与后续所有孔的分析结果一起在之后更新的矿产资源估算中进行量化。
Figure 2 - Cross-section B-B', showing V-24-096 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024 (bold labels). Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Areas without blocks have not been modelled and were assumed as nil for the initial Valley MRE. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 80 m.
图2 - 横截面b-B',显示了V-24-096在初步山谷矿产资源估算区块模型和矿产资源估算约束的营业收入因素0.72矿坑外壳的上下文中。区块模型尚未更新,以反映当前结果,也未更新2024年的任何结果(粗体标签)。显示在当前矿坑外壳约束之外的块不包含在初步山谷矿产资源估算中。没有块的区域未建模,初步山谷矿产资源估算时假定为零。尚待分析结果的孔中可见黄金的实例用黄色球体标记。已发布的孔被投射到总宽度约8000万的同一平面上。
Figure 3 - Cross-section A-A', showing V-24-093, 095 & 097 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024. Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Note the large areas without blocks, which have not been modelled and were assumed as nil for the initial Valley MRE and for calculating pit shell constraints and total waste rock. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 140 m, with V-24-097 well in the background-relative positions can be seen in the plan map in Figure 1.
图3 - A-A'剖面图,显示V-24-093、095和097在初步Valley MRE区块模型及MRE限制营业收入因子0.72矿坑轮廓中的情况。该区块模型尚未更新以反映当前结果,也未包含2024年的任何结果。当前矿坑轮廓约束外的区块未被纳入Valley的初步MRE中。注意到没有区块的大面积区域,这些区域尚未建模,初步Valley MRE中被假定为零,且在计算矿坑轮廓约束和总废石时亦是如此。尚待分析结果的孔中可见金的实例用黄色球标记。已释放的孔被投影到同一平面上,总宽度约为14000万,其中V-24-097在背景位置,可以在图1的平面图中看到。
Figure 4 - Relatively coarse native gold as seen in each of the five Valley drill holes reported herein. Gold mineralization at Valley primarily consists of native gold hosted in quartz veins crosscutting the mid Cretaceous Valley intrusion and surrounding sedimentary rocks. Visible gold is common, with tens to hundreds of occurrences per hole consistently observed in well mineralized holes throughout the deposit. Gold often occurs proximal to various minor bismuth and tellurium sulphide minerals and alloys (grey minerals in above figures). As previously disclosed, the nature of this gold mineralization renders it available for high recovery rates from various conventional processing techniques, even in non-oxidized rock, as seen in initial metallurgical tests (94% average bottle roll cyanidation to 96% carbon-in-leach). All images are displayed at the same scale.
图4 - 在此报告的五个Valley钻孔中观察到相对粗糙的原生黄金。Valley的黄金矿化主要由原生黄金组成,镶嵌在穿过中克雷塔斯Valley侵入体和周围沉积岩的石英脉中。可见金很常见,在整个矿床中良好矿化的孔中始终观察到每孔数十至数百次的出现。黄金通常出现在各种小铋和碲硫化矿物及合金(以上图中的灰色矿物)附近。正如之前披露的,这种黄金矿化的性质使其可以通过各种常规处理技术实现高回收率,即便是在未被氧化的岩石中,这在初步冶金测试中得以体现(94%平均瓶浸氰化到96%碳浸出)。所有图像均以相同比例显示。
Table 2 - Summary of significant mineralization returned from current holes from Valley and other targets. The consistency of strong mineralization in the Valley deposit is reinforced by the capped values in the rightmost column, wherein any assay result >10 g/t Au is replaced by 10.0 g/t Au to calculate the average interval grades. Holes with prefixes "SY" and "J" are from the Sydney and Jupiter targets on the Cynthia and Einarson projects, respectively. *Interval widths reported; true widths of the system are complex, with different vein generations, orientations, and grade distributions present within various intervals through the bulk tonnage gold target at Valley.
表2 - 来自Valley及其他目标的当前孔所返回的显著矿化汇总。Valley矿床中强矿化的一致性通过最右列的封顶值得到了强化,任何分析结果>10 g/t Au的结果都被替换为10.0 g/t Au,以计算平均区间品位。以"SY"和"J"为前缀的孔分别来自Cynthia和Einarson项目的Sydney和Jupiter目标。*报告的区间宽度;系统的真实宽度很复杂,各种脉代、方向和在Valley的矿石总量黄金目标内的不同矿级分布都存在于各个区间中。
ANNUAL EQUITY INCENTIVE AWARDS
The Company has granted a total of 360,000 restricted share units and 100,000 deferred share units (together, the "Equity Incentive Awards") to various employees, consultants, directors, and officers of the Company. The Equity Incentive Awards have been granted pursuant to the Company's Omnibus Incentive Plan and are subject to vesting provisions. The purpose of these awards is to align and incentivize around ongoing contributions, and to recognize contributions made to the growth of the Company and advancement of its projects by personnel at all levels.
年度股权激励奖励
公司已向各类员工、顾问、董事和高管授予了总计360,000个限制性股票单位和100,000个递延股票单位(统称为“股权激励奖励”)。这些股权激励奖励是根据公司的综合激励计划授予的,并且受归属条款的限制。这些奖励的目的是使公司的各个层级人员围绕持续贡献进行对齐并激励,同时认可对公司增长及其项目发展所做的贡献。
QA/QC
On receipt from the drill site NQ2-sized drill core was systematically logged for geological attributes, photographed and sampled at Snowline's "Forks" Camp. Sample lengths as small as 0.5 m were used to isolate features of interest, but most samples within moderate to strong mineralization were 1.0 m in length; otherwise, a default 1.5 m downhole sample length was used. Core was cut in half lengthwise along a pre-determined line, with one half (same half, consistently, dictated by orientation line where present or by dominant vein orientation where absent) collected for analysis and one half stored as a record. Field duplicates were collected at regular intervals as 1⁄4 core samples by splitting the 1⁄2 core sent for sampling, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials and blanks were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor to Bureau Veritas' preparatory facility in Whitehorse, Yukon. Sample preparation was completed in Whitehorse, with analyses completed in Vancouver.
QA/QC
在从钻探现场获取NQ2规格的岩心后,Snowline的“Forks”工地对其进行了系统记录地质属性,并对其进行了拍照和采样。使用50万的样本长度来分离感兴趣的特征,但在中度到强矿化的大多数样本中,样本长度是100万;否则,就会使用默认的150万样本长度。岩心沿着事先确定的线路分成两半,其中一半(同一半,一致地由存在的取向线或缺失的优势脉向确定)被收集进行分析,而另一半则作为记录储存。野外重复样品每隔一段时间就采集1/4的岩心样品进行拆分,使有重复和无重复样品的一半岩心材料得到一致的记录。Snowline工作人员按照规定的间隔将标准参考物料和白样品插入样本流程中。袋装样品用安全标签密封以确保在运输过程中的完整性。它们由快递员运送到白马市Bureau Veritas的预备设施,样品制备在白马市完成,分析则由温哥华完成。
Bureau Veritas is accredited to ISO/IEC 17025 and ISO9001 for quality management. Samples were crushed by BV to >85% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. A four-acid digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 59-element analysis on 0.25 g sample pulps (BV code: MA250). All samples were analysed for gold content by fire assay with an atomic absorption spectroscopy (AAS) finish on 30 g samples (BV code: FA430). Any sample returning >10 g/t Au was reanalysed by fire assay with a gravimetric finish on a 30 g sample (BV code: FA530).
Bureau Veritas获得了质量管理的ISO/IEC 17025和ISO9001认证。样品由BV碾碎至粒度大于2mm,使用振动分流器分流。250g的分流物被粉碎至粒度大于75μm。通过ICP-MS method使用四酸消化对0.25 g的样品浆进行了59种元素分析(BV code:MA250)。所有样品都进行了金含量的火试金分析,样品重量为30克,并使用原子吸收光谱法(AAS)完成(BV code:FA430)。任何返回>10g/t Au的样品均会使用重量法进行火试金分析,样品重量为30克(BV code:FA530)
For the purposes of this release, contiguous mineralized intervals at Valley are defined as runs of mineralization with no break >5.0 m assaying <0.1 g/t Au and may include any highlight subsections thereof.
就本公告而言,工程山谷的连续矿化带被定义为连续的矿化带,其间无中断超过500万,而且金品位小于0.1克/吨,可能包括其中任何突出的小节段。
ABOUT ROGUE
Snowline Gold's 100%-owned, flagship Rogue Project, in Canada's Yukon Territory, covers a 60 x 30 km cluster of intrusions in the eastern Tombstone Gold Belt known as the Rogue Plutonic Complex.
关于ROGUE
Snowline Gold公司拥有100%的标志性Rogue项目,位于加拿大育空地区,涵盖了东方山谷黄金带中的一个60 x 30公里的浸入体聚集群,被称为Rogue深源复合体。
Since its launch in 2021, Snowline has progressed the Rogue Project's Valley target from a greenfield prospecting discovery to a significant bulk tonnage gold resource, with 4.05 Moz gold indicated mineral resource at 1.66 g/t Au and an additional 3.26 Moz inferred mineral resource at 1.25 g/t Au within a pit-shell constraint. The resource estimate numbers are supported by the recent technical report for Rogue, prepared in accordance with NI 43-101 standards, entitled "Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate," authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024.
自2021年推出以来,Snowline已将Rogue项目的山谷目标从后勤勘探发现推进到实质性的大块金资源,其明示金矿资源为4.05 Moz,为1.66 g/t Au。在一个由坑壳约束的范围内,还有另外3.26 Moz的推断金矿资源,为1.25 g/t Au。资源估计数字得到了最近关于Rogue的技术报告的支持,该报告是依据NI 43-101标准编写的,标题为“Rogue Gold Project:NI 43-101技术报告和矿产资源估算”,作者为Heather Burrell,P. Geo.,Daniel J. Redmond,P. Geo.和Steven C. Haggarty。P. Eng.,有效日期为2024年5月15日。
Exploration of the open Valley deposit is ongoing. Valley is a reduced intrusion-related gold system (RIRGS), geologically similar to multi-million-ounce RIRGS deposits currently in production, like Kinross's Fort Knox Mine in Alaska, but with substantially higher gold grades. Gold is associated with bismuthinite and telluride minerals hosted in sheeted quartz vein arrays within and along the margins of a one-kilometer-scale, mid-Cretaceous aged Mayo-series intrusion.
开放的山谷存入资金的勘探仍在进行中。山谷是一个还原侵入相关的黄金系统(RIRGS),在地质上类似于当前在生产中的数百万盎司RIRGS存入资金,例如金罗斯在阿拉斯加的福特诺克斯矿,但其黄金品位显著更高。黄金与铋矿石和碲化物矿物相关,赋存于具有层状石英脉阵列的一公里规模的中白垩纪梅约系列侵入体的内部和边缘。
The Rogue Project area hosts multiple intrusions similar to Valley along with widespread gold anomalism in stream sediment, soil and rock samples. Elsewhere, RIRGS deposits are known to occur in clusters. For these reasons, Snowline considers the Rogue Project to have district-scale potential to host additional reduced intrusion-related gold systems.
Rogue项目区域除了Valley以外,还拥有许多类似的侵入体和广泛的流沙、土壤和岩石样品黄金异常。此外,RIRGS矿床以簇群形式出现。出于这些原因,Snowline认为Rogue项目具有区域规模的潜力,可以承载其他的还原侵入型金矿系统。
Figure 5 - Project location map for Snowline Gold's eastern Selwyn Basin properties: Rogue, Einarson, Ursa, Cynthia and Olympus. The Valley target is one of several prospective reduced intrusion-related gold targets on the broader 30 x 60 km Rogue Project.
图5 - Snowline 黄金在东部塞尔温盆地属性的项目位置图:Rogue,Einarson,Ursa,Cynthia和Olympus。山谷目标是更广泛的30 x 60公里Rogue项目上的几个有前景的还原侵入相关黄金目标之一。
ABOUT SNOWLINE GOLD CORP.
Snowline Gold Corp. is a Yukon Territory focused gold exploration company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is exploring its flagship 111,000 ha (1,110 km2) Rogue gold project in the highly prospective yet underexplored Selwyn Basin. Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits. The Company's first-mover position and extensive exploration database provide a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.
关于Snowline Gold Corp。
Snowline Gold Corp.是一家专注于白银地区黄金勘探的公司,拥有八个项目组合,涵盖约360,000公顷(3,600平方公里)。该公司正在勘探其旗舰项目、111,000公顷(1,110平方公里)的Rogue金矿项目,该项目位于潜力巨大但未开发的Selwyn盆地内。Snowline的项目组合位于Tintina Gold Province繁盛的黄金区域内,那里承载着多个超过百万盎司的黄金矿山和矿床。该公司作为第一位开拓者,拥有广泛的勘探数据库,为投资者提供了参与多个发现和创建新的金矿区的机会。
QUALIFIED PERSON
Information in this release has been prepared under supervision of and approved by Thomas K. Branson, M.Sc., P. Geo., VP Exploration of Snowline Gold Corp, as Qualified Person for the purposes of National Instrument 43-101.
合格人员
本次发布的信息已在Snowline Gold Corp的负责勘探的副总裁Thomas k. Branson博士的监督下准备,并获得了他的批准,他作为《国家工具43-101》的资格人员。
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
代表董事会
Scott Berdahl
CEO & 董事
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com
如需更多信息,请联系:
Snowline Gold Corp。
+1 778 650 5485
info@snowlinegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX创业公司交易所及其监管服务提供者(如TSX创业公司政策所定义)均不承担本发布信息充分性或准确性的责任。
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements regarding the significance of analytical results, the significance of visual drill core observations and visible gold, the potential effects of current analytical results on future mineral resource estimates including expansion of the pit shell and de-risking of the current estimate, the discovery potential within the Valley intrusion and on other exploration targets, the potential for investors to participate in multiple future discoveries, the Rogue project having district-scale prospectivity, the creation of a new gold district and the Company's future plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
关于前瞻性声明的警示说明
此新闻稿包含某些前瞻性陈述,包括有关分析结果的重要性,钻孔岩芯观察和可见黄金的重要性,当前分析结果对未来矿产资源估计的潜在影响,包括坑壳扩展和当前估计减少风险,谷脉侵入体内部的发现潜力和其他勘探目标,投资者参与未来多个发现的潜力,Rogue项目区规模的前景,新黄金区的创建以及公司的未来计划和意图。在可能情况下,为了确定这些前瞻性陈述,使用了诸如“可能”、“将会”、“应该”、“能够”、“期待”、“计划”、“打算”、“预期”、“相信”、“估计”、“预测”或“潜在”等这些词,或这些词的否定形式或其他变体,或类似的词语。这些陈述反映了管理层目前的信念,并且基于管理层目前可获得的信息截至本日期。
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
前瞻性陈述涉及重大风险,不确定性和假设。很多因素可能会导致实际结果,表现或业绩与前瞻性陈述中讨论或暗示的结果有所不同。这些因素应仔细考虑,读者不应过分依赖前瞻性陈述。尽管本新闻稿中包含的前瞻性陈述是基于管理层认为是合理的假设,但公司无法保证实际结果将与这些前瞻性陈述一致。这些前瞻性陈述是根据本新闻稿发布的日期进行的,公司假设不会更新或修订这些前瞻性陈述以反映新事件或情况,除非法律要求这样做。
SOURCE: Snowline Gold Corp.