Snowline Gold Encounters Visible Gold in Jupiter Drill Core, Completes 439 Kilometre Electromagnetic Survey At URSA - Seite 3

Foto: Accesswire

Figure 3 - Location of J-21-020, which hosts visible gold mineralization, plotted on Jupiter area soil and rock geochemical results. Holes are labelled with significant assay results received to date, though most results are still pending. Collar sites are shown as circles with drill traces shown as black lines labelled by hole number. Snowline's 2021 drill campaign is the first ever drill testing of the recently identified Jupiter zone on the district-scale Einarson gold project.

Foto: Accesswire

Figure 4 - Jupiter & Valley zone location map in relation to surrounding Snowline Gold Corp. projects. The discovery of visible gold at Jupiter makes for Snowline's second 2021 drill discovery of native gold in drill core in first-ever drill testing of a recently-identified target. Most targets in Snowline's district-scale Selwyn Basin portfolio remain to be tested.

ROGUE PROJECT UPDATE

Trace amounts of visible gold have been observed in holes V-21-003 and V-21-004, the third and fourth holes drilled on Snowline's Rogue project, in the Valley zone. This news follows the Company's September 7, 2021 report of visible gold in its first two drill holes at Valley. Subsequent analysis of V-21-001 and V-21-002 has revealed additional details.

In V-21-001, thirty-one quartz veins containing trace visible gold have been observed across 152 m of drill core, with up to five grains of visible gold (0.1 mm to 0.5 mm in size) within a single vein. Quartz veins themselves are usually on the order of 1 cm in thickness, with anywhere from 1 - 8 veins per metre of core. The first instance of visible gold in V-21-001 occurs at 7.5 m from surface, while the final occurrence is at 159.55 m, just 1.45 m from the end of the 161 m hole. Thirty-one of 169 samples submitted for assay, or nearly 1 in 5 samples across the length of the hole, contain trace levels of visible gold.

In V-21-002, sixteen instances of trace visible gold were observed in cm-scale quartz veins across 162 m, with similar characteristics to V-21-001. The first instance occurs at 49.5 m downhole, while the last observed instance was at 217.5 m depth in a 242 m hole.

In V-21-003 and V-21-004, visible gold is less common, with only four and two instances observed respectively. Nonetheless, the trace occurrences of visible gold in V-21-003 also span a considerable length of core, from the first instance at 12.5 m to the final at 173.5 m.