Twitter Facebook LinkedIn YouTube

New Listing: Snowy Owl Gold (CSE:SNOW)

Video Platform Video Management Video Solutions Video Player

The company has 100% interest in the Golden Eagle Property, located in the Abitibi region approximately 190 kilometres east northeast of Val-d’Or, in the southeastern part of the Urban-Barry Gold Belt.

Additional Information:

Company: Snowy Owl Gold
Website: http://www.SnowyOwlGold.com
Stock Symbol: CSE: SNOW
Date Published: Jan 20, 2021
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Snowy Owl Gold is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “SNOW”.

The company has 100% interest in the Golden Eagle Property, located in the Abitibi region approximately 190 kilometres east northeast of Val-d’Or, in the southeastern part of the Urban-Barry Gold Belt.

Numerous gold and minor base metal occurrences, lie along a prominent northeast trending feature which transects this area, including the Barry gold deposit and Windfall gold deposit, which is located 12 kilometres northeast of the Golden Eagle Property.

The property consists of 161 map designated claims covering a total of 8,888 hectares, with a network of tertiary forestry roads providing limited access to the southern part of the property by a 4x4 vehicle.

A high-tension powerline crosses the central part of the property in a north-south orientation.

In 2020, Snowy Owl commissioned Precision GeoSurveys to fly a high-resolution magnetic survey over the Golden Eagle Property.

During the recent property site visit by in November 9, 2020, visual observations and photos of the most significant altered and mineralized outcrops were taken.

Raymond Wladichuk, P.Geo., CEO, stated: "January 18th, 2021 will mark a significant milestone for the Company as we commence trading on the CSE. The Snowy Owl team has done an excellent job creating this brand-new resource exploration company, and we look forward to building shareholder value by continuing to explore our Golden Eagle Property in Quebec, Canada. Lastly, I would like to thank our shareholders for their continuing support as we strive to become a leader in exploration and development.”

The company has budgeted approximately $300,000 for Phase I surface exploration work.

If warranted, the company has budgeted $1 million for a Phase 2 program of 5,000 metres of drilling to validate best geological and geophysical results obtained in Phase 1.

The shares are trading at $0.13.

For more information, please visit the company’s website www.SnowyOwlGold.com, contact Elyssia Patterson, CFO, at 778-683-4324 or email info@SnowyOwlGold.com..

I’m Cassandra Bolinski for Investmentpitch Media