At this point, it is safe to say the company has discovered the motherlode at its Valley target.

Snowline Gold Corp. Dec. 6 announced its strongest near-surface interval drilled to date at the Valley target located on the company's flagship Rogue project in Yukon, Canada.

Following a trend of incredible drill intercepts, each spanning hundreds of meters and returning consistently strong grades, Snowline has once again revealed an interval spanning more than 500 meters averaging more than two grams per metric ton gold.

"The Valley discovery on our 100%-owned, district-scale Rogue Project continues to demonstrate strong, continuous gold mineralization across a large area from surface," said Snowline Gold CEO Scott Berdahl. "Hole V-23-061 returned the strongest gold interval we've seen near surface in any hole to date, highlighting the favorable characteristics of the Valley system for efficient mining-namely strong, consistent mineralization with the highest grades beginning at or near surface in a topographically advantageous position."

Located within the Selwyn Basin near Yukon's eastern border with NWT, Rogue is an 11,227-hectare (27,743 acres) property that comprises 442 mineral claims with a main block that covers a roughly nine-kilometer (5.6 miles) trend of metamorphic rock hornfels complemented by anomalous gold in rocks, soils, and stream sediment samples.

The primary target of interest, Valley, is a recently discovered intrusive stock with sheeted gold-bearing quartz veins within the intrusion and visible gold found in sulfide veins in the surrounding hornfels.

Results from the 2023 exploration season at Valley continued to "one-up" assays received as each batch seemingly grew longer and more mineralized.

From a 553.8-meter hole averaging 2.48 grams per metric ton gold to a 539.4-meter hole averaging 1.2 g/t gold, then a 558.7-meter hole averaging 1.26 g/t gold, to its last reported assays that included a 424-meter interval averaging 1.43 g/t gold, the company is laden with gold-mineralized core.

The latest results, while again consisting of a few assays, are much like its previously reported holes. Highlights from this round include:

• 519.6 meters averaging 2.46 g/t gold from a depth of 5.5 meters in hole V-23-061, including a subsection of 265.6 meters averaging 3.6 g/t gold, with 47.5 meters of that averaging 6.47 g/t gold.

• 429.6 meters averaging 1.01 g/t gold from 6.9 meters in V-23-059, including 106.5 meters averaging 1.97 g/t gold.

Drilled roughly 60 meters northeast of its 553.8-meter interval, 061 was collared in coarse-grained granodiorite. The company says the hole commenced in strong, sheeted gold-bearing quartz vein mineralization from bedrock surface at 5.5 meters downhole and continued in strong mineralization until approximately 270 meters downhole.

Where it would be considered impressive by any other metric, hole V-23-059 was also collared in coarse-grained granodiorite on a section between hole V-23-044 that cut 295.9 meters averaging 1.32 g/t gold from surface about 132 meters to the southwest, and V-22-027 that returned 481.5 meters averaging 0.69 g/t gold roughly 108 meters to its northwest.

Like 061, 059 encountered sheeted gold-bearing quartz vein mineralization from bedrock surface at 6.9 meters downhole. With continuous mineralization within the hole averaging 1.01 g/t gold over 429.6 meters.

"With December upon us, we have much to look forward to in terms of additional drill results, surface exploration results, advanced metallurgical testing and of course an aggressive exploration season ahead in 2024 on Valley and other targets across our more than 330,000 hectare (815,448 acres) land position," said Berdahl.

Considering assays from 5,475 meters of its 2023 program are still pending, there may yet be more surprises in store for this junior gold explorer.