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FINWIRES

Snowline to Launch 10,000-Meter Drill Program at Rogue Project in Yukon

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-- Snowline Gold (SGD.TO) plans to launch a drilling program of at least 10,000 meters in May at its Rogue project in Yukon, the company said Tuesday.

The campaign will target near-deposit expansion of the resource at the Valley gold deposit, as well as test nearby prospective targets.

The program will be complemented by extensive regional greenfield exploration. Expanded environmental and geoscience programs are also underway to support future regulatory assessments, the company said.

Snowline has a cash balance of $100 million to fully fund the programs, with the option to accelerate activities as needed.

The company aims to complete a pre-feasibility study by early 2027.

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