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The latest update is out from Snowline Gold Corp. ( (TSE:SGD) ).
Snowline Gold Corp. announced significant drilling results from its Einarson and Rogue projects in the Yukon Territory, extending the known strike length of the Jupiter target by 550 meters to 1.9 kilometers. The drilling results highlight the potential of the orogenic gold system at Jupiter, with notable intersections of gold mineralization. The company’s ongoing exploration efforts, including over 28,500 meters drilled this year, aim to expand the scale of known mineralization, with further assays pending. This development underscores the potential quality and scale of the gold system at Jupiter, which could position it as a stand-alone project, distinct from the company’s flagship Valley discovery.
The most recent analyst rating on (TSE:SGD) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on Snowline Gold Corp. stock, see the TSE:SGD Stock Forecast page.
More about Snowline Gold Corp.
Snowline Gold Corp. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is actively engaged in projects in the Yukon Territory, Canada, with a particular emphasis on its Rogue and Einarson projects.
Average Trading Volume: 186,459
Technical Sentiment Signal: Buy
Current Market Cap: C$1.81B
See more data about SGD stock on TipRanks’ Stock Analysis page.