The Globe and Mail reports in its Wednesday, Feb. 26, edition that Desjardins Securities analyst Allison Carson rates Snowline Gold "buy" in new coverage with an $11 share target. The Globe's David Leeder writes that analysts on average target the shares at $12.50. Ms. Carson says Snowline Gold's flagship Valley deposit in the Yukon continues to demonstrate notable growth potential. She expects it to "offer a quick payback." Ms. Carson says in a note: "The company is funded for 2025 exploration, and we expect key catalysts this year to include an updated resource estimate for Valley and potentially a preliminary economic assessment by year-end or early 2026. Significant exploration potential exists beyond the Valley deposit on Snowline' s Rogue property and other potential RIRGS discoveries are possible, with the company testing multiple targets. The company has seven other properties across the Yukon, with Einarson and Cynthia demonstrating some exciting exploration potential. Snowline has a strong foundation in the Yukon with CEO Scott Berdahl, a Yukon native and prospector. The company is a leader in environmental stewardship in the Yukon and maintains a good relationship with local First Nations groups."
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