Hole V-23-056 returned 372.9 m averaging 1.45 g/t Au, including 2.07 g/t Au over 212.4 m from surface, demonstrating strong continuity of near-surface >2 g/t Au grades across a large area on the Rogue Project's Valley target Hole V-23-055 returned 359.4 m averaging 1.34 g/t Au from surface including 1.71 g/t Au over 132.5 m, extending near-surface >1 g/t Au mineralization by over 100 m towards the open northeast edge of [...]
Hole V-23-054 returned 424.0 m averaging 1.43 g/t Au from surface, including 1.85 g/t Au over 186.5 m, expanding the known width of mineralization across the southern extent of the Valley target and opening another area of deep mineralization Hole V-23-053 returned 387.0 m averaging 1.04 g/t Au including 1.61 g/t Au over 153.0 m showing strong grade continuity on western edge of system Analytical results pending for more [...]
Hole V-23-049 returned 539.4 m averaging 1.20 g/t Au from surface , including 2.41 g/t Au over 151.5 m, confirming robust continuity and grade well below and east of mineralization in V-22-007 Hole V-23-050 returned 423.3 m averaging 1.08 g/t Au from surface, including 1.45 g/t Au over 252.0 m along northeastern edge of system, demonstrating strong near-surface mineralization that remains open Drilling ongoing at Valley [...]
Hole V-23-048 returned 2.20 g/t Au over 265.2 m including 3.28 g/t Au over 100.2 m from surface in a 100 m step across strike to SW from previous hole V-23-039 Hole V-23-045 returned 1.14 g/t Au over 517.9 m from surface in 102 m step across strike to NE from previous hole V-23-037, adding significant scale that remains open Multiple additional holes at Rogue Project's Valley target demonstrate large intervals of strong [...]
Snowline Gold Corp. is pleased to announce that it has completed its previously announced "bought deal" private placement of 2,200,000 flow-through common shares of the Company at a price of C$7.50 per FT Share for aggregate gross proceeds of C$16.5 million , including C$1.5 million from the exercise of the underwriters' option. Each FT Share will qualify as a "flow-through share" of the Income Tax Act . Existing [...]
Snowline Gold Corp. is pleased to announce that it has filed on SEDAR+ an independent technical report entitled "NI 43-101 Technical Report on the Rogue Gold Project, Yukon Canada, Mayo Mining District" and dated June 13, 2023, with an effective date of May 15, 2023. The Technical Report was prepared by Jean Pautler, P.Geo., a consulting geologist. The purpose of the Technical Report is to support scientific and technical [...]
Snowline Gold Corp. is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc., as lead underwriter, on behalf of a syndicate of underwriters , has agreed to purchase, on a "bought deal" private placement basis, 2,000,000 "flow-through" shares of the Company at a price of $7.50 per Charity FT Share for gross proceeds of $15,000,000 . Each Charity FT Share will qualify as a [...]
Hole V-23-039 returned 2.48 g/t Au over 553.8 m from surface including 4.98 g/t Au over 132.0 m from 6.0 m downhole demonstrating strong mineralization at surface and at depth near the western boundary of the Valley intrusion Hole V-23-037 returned 2.47 g/t Au over 383.8 m from surface including 4.06 g/t Au over 120.0 m from a collar location roughly 115 m across strike from V-23-039 Results confirm and improve upon [...]
Hole V-23-036 returned 2.92 g/t Au over 143.5 m within broader mineralized interval averaging 1.53 g/t Au over 414.5 m from surface, extending near-surface, multiple-gram-per-tonne corridor on the Rogue Project's Valley discovery by 75 m to the southeast Hole V-23-035 returned 1.01 g/t Au over 396.5 m from surface, demonstrating robust near-surface mineralization to western margin of Valley intrusion Phase II drilling [...]
Hole V-23-034 returned 3.08 g/t Au over 216.0 m within broader mineralized interval averaging 1.88 g/t Au over 418.3 m from surface along entire hole Highest sustained gold grades at Rogue Project's Valley target to date-including 6.38 g/t Au over 15.4 m and 5.23 g/t Au over 24.0 m-redefine and expand the near-surface, multiple-gram-per-tonne gold corridor central to the target Total drilling at Valley in 2023 already [...]
High gold recovery realized with conventional processing techniques demonstrates the non-refractory nature of gold mineralization at Valley Average gold recovery from non-optimized methods ranges from 87.6% to 95.7% Strong buffering effect and low concentrations of deleterious elements carry positive implications for environmental aspects of processing, reclamation and closure Results open the door to multiple future [...]
Snowline stakes an additional ~40,000 hectares on its Rogue Project, securing nearly all remaining open mineral tenure over the regional geological feature hosting the Valley discovery and other gold targets Additional staking on surrounding Cynthia, Einarson and Ursa projects further consolidates Company position in broader Selwyn Basin gold district, increasing overall Yukon Territory land position by 20% to roughly [...]