Snowline Gold (CSE:SGD,OTCQB:SNWGF) was in the spotlight during a tour of mining sites in Canada’s Yukon.
CEO Scott Berdahl said the firm is advancing multiple projects, but is particularly encouraged by two discoveries with high-grade visible gold. These top-priority targets are known as Jupiter and Valley.
Snowline CEO not fazed by attention
Snowline has quickly risen up in the ranks in the Yukon, gaining attention from investors and experts alike.
In total, the company’s portfolio is made up of eight Yukon projects covering over 333,000 hectares.
When asked if it’s stressful for the company to be standing out and generating so much attention, Berdahl said he believes Snowline’s work speaks for itself and will continue to do so.
“I don’t think there’s any particular pressure,” he said. “Ultimately, at the end of the day, we are just doing the best job that we can — we’re exploring what we see as some very prospective rocks, and it’s up to the rocks.”
Other Yukon companies benefiting from Snowline attention
Snowline’s Jupiter and Valley discoveries, made back in 2021, are helping to showcase the Yukon’s untapped potential. The former is located at the company’s Einarson project, while the latter is part of the Rogue property.
“This is kind of like a slower-burn gold rush of majors looking for attractive long-term and stable places to invest capital,’ Berdahl said. ‘The Yukon, of course, has incredible geological potential and is very underexplored, even today.’
Other Yukon companies have pointed to the advancements made by Snowline as an incentive to continue with their own projects. Brandon Macdonald, CEO and director of Fireweed Metals (TSXV:FWZ,OTCQB:FWEDF), said the close proximity of many of the companies operating in the Yukon can create a community learning process.
“It’s super exciting and interesting,” he said. “They’re able to kind of point and learn from each other.”
Investor takeaway
Snowline may be leading the charge in the Yukon, but the attention it’s receiving is benefiting other companies as well.
As for Snowline itself, looking ahead, Berdahl said his company is focused on two drills at the Valley site and has set aside another drill for a target called Gracie. “(The sites) all have different styles and really compelling targets as far as gold mineralization goes, and so we’re keen to keep exploring the broader district as well,” he said.
Securities Disclosure: I, Bryan Mc Govern hold no direct investment interest in any company mentioned in this article.
