Snowline Gold Reveals Promising Economic Assessment for Yukon Gold Deposit

Snowline Gold Corp, based in Vancouver, has announced preliminary economic results for the Valley gold deposit located in Yukon, Canada. The assessment projects a 20-year lifespan with 6.8 million ounces of gold production. An average of 544,000 ounces is expected to be produced annually in the first five years at a cost of US$569 per ounce.

The study shows impressive financial outcomes, with a post-tax NPV of C$3.37 billion at a 5% discount rate. The internal rate of return is projected to be 25%, potentially rising to 37% if gold prices increase.

Initial costs of C$1.7 billion are anticipated to be repaid within 2.7 years, reducing to 2.1 years with higher gold prices. The evaluation confirms the site's robustness and profitability, considering its large-scale production and high margins. Snowline is advancing fieldwork aimed at further exploration and development in the region.