sur Snowline Gold Corp. (CVE:SGD)
Snowline Gold Releases Preliminary Economic Assessment for Valley Gold Deposit
Snowline Gold Corp. has published a technical report on SEDAR+ supporting the Preliminary Economic Assessment (PEA) of the Valley gold deposit, part of its Rogue Project in Yukon. This marks the first economic evaluation of the project's mineral resources. The PEA outlines a 20-year open-pit mining operation, potentially yielding 6.8 million ounces of gold.
The study predicts a post-tax NPV of C$3.37 billion at a gold price of US$2,150/oz, rising significantly with gold prices. Annual production is expected to average 544,000 ounces in the initial five years, with sustainable costs pegged at US$569 per ounce.
Snowline's ongoing field program aims at advancing Valley towards a Pre-Feasibility Study. Regional drilling efforts focus on expanding resource potential across its Yukon projects, positioning the company amid the mineral-rich Tintina Gold Province.
R. H.
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