Snowline is going big and focused on district-scale, greenfield gold discoveries with the goal of finding world-class gold deposits in the Yukon, Canada.
The Einarson property covers 5 primary target areas for Carlin style and epizonal orogenic gold mineralization with high-grade surface grab samples and kilometres-scale gold anomalies in soils.
The Rogue project covers a newly-discovered Tombstone series intrusion and a suspected buried intrusion with an intact carapace with visible gold observed in sulphide veins.
July 19, 2021
Snowline Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 2,857,142 Units (the “Units”) at a price of C$0.35 per Unit for aggregate gross proceeds of C$999,999.70 (the “Offering”). Each Unit consists of one common share of Snowline and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant is exercisable for one common share of the Company at an exercise price of C$0.53 until July 16, 2023.
July 15, 2021
Snowline Gold Corp. is pleased to announce Crescat Capital LLC (“Crescat”) as a strategic investor in the Company as part of a C$1,000,000 non-brokered private placement of units (“Units”) issued by Snowline. The proceeds of the offering will be used to advance the Ursa gold and base metals project, and fund a future 1,500 metre diamond drill programme.