Junior Miner Pops On Drill Results

Junior Miner Pops On Drill Results

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, January 25, 2022

A Vancouver-based micro cap just announced initial drill results from Phase I drilling at the Valley zone on its Rogue gold project in the Yukon Territory, Canada. The results were perceived as bullish as shares of Snowline Gold Corp. (OTCQB:SNWGF) popped following the announcement. 

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling expected to commence in mid-2021. Snowline's projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross' Fort Knox mine to Newmont's Coffee deposit. Snowline's first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

As previously mentioned, traders were bullish on the results as shares of Snowline climbed up to $0.58/share (+21.14%) at the session high. This move is a strong continuation of the success this stock has had over the last six months. 


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