aila – Snowline Gold Corp

SNOWLINE GOLD INTERSECTS 1.25 GRAMS PER TONNE OVER 168.7 METRES FROM SURFACE AT ITS BULK-TONNAGE VALLEY DISCOVERY, ROGUE PROJECT, YUKON

February 10, 2022February 10, 2022

Hole V-21-003 returned 1.56 g/t Au over 125.0 m from surface, within a broader mineralized zone averaging 1.25 g/t Au over 168.7 m
Hole V-21-004 returned 0.90 g/t Au over 69.5 m from 65 m depth, within a broader mineralized zone averaging 0.77 g/t Au over 93.8 m
Length, width and depth of the discovery remain open, with drill on site to commence drilling Spring 2022.

Vancouver, B.C., February 10, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide additional Phase I drill and exploration results from the Valley zone on its Rogue gold project in the Yukon Territory, Canada. As with the first two holes (released previously), holes V-21-003 and V-21-004 each intersected broad zones of high gold values associated with visible gold in sheeted vein arrays. V-21-003 averaged 1.56 g/t Au over 125.0 m from surface, within a broader sheeted vein array zone 1.25 g/t Au over 168.7 m, also from surface. Hole V-21-004, collared farther from the intrusion, also encountered strong gold grades in sheeted veins, running 0.90 g/t Au over 69.5 m from 65.0 m depth.

Table 1 – Hole details and highlight intervals in V-21-003 and V-21-004. Local “hot spots” of up to 16.2 g/t Au over 1.5 m are present within the mineralized intervals, but the broader intervals are carried largely by consistently anomalous gold values. *Interval widths reported; at this point there is insufficient data to reliably estimate true widths.

“These results build on what was already a remarkably successful first season for Snowline,” said Scott Berdahl, CEO and director of Snowline Gold Corp. “V-21-003 and V-21-004 were drilled specifically to crosscut and better test the width of the sheeted vein arrays at Valley. Hole V-21-003 began in a mineralized interval, so that width remains open. That it intersected a higher total gold content than any other hole drilled by Snowline in 2021 is a promising sign both for the Valley target and the broader Rogue project. Hole V-21-004 also hit strong grades, demonstrating that the system is open along its length, which continues beyond the margins of the intrusion. We are eager to follow up on these results with a significant drill program at Valley in 2022.”

Figure 1–Cross section with gold assay results (yellow) for drill hole V-21-003plotted alongside simplified lithologies.For the purposes of plotting, assay values for V-21-001 are capped at 10 g/t Au.(The highest assayran 16.2 g/t Au over 1.5m.)

Table 2 – Highlight intervals capped at 10 g/t Au in V-21-003 and V-21-004. This capping reduces the effect of “smearing” of high-grade results across lower grade zones of the intervals, demonstrating a robust and relatively consistent signature to the mineralization. *Interval widths reported; at this point there is insufficient data to reliably estimate true widths.

Based on the geological setting, the style of mineralization and the geochemical and mineral associations observed in drill core, Valley is interpreted to be a reduced intrusion-related gold system (RIRGS). Elsewhere, RIRGS gold deposits are known to form important commercial gold resources, including Victoria Gold Corp.’s Eagle Mine in the Yukon and Kinross Gold Corporation’s Fort Knox Mine in Alaska. Both deposits are hosted in intrusive rocks analogous to those at Valley.

Valley is currently a discovery-stage bulk-tonnage prospect with no estimated resources nor reserves. At this early stage it is not possible to determine the size of the mineralized system nor whether it will prove to be economically viable.

Figure 2–Drill hole locations at Valley with soil and rock results on top of2021 magnetic survey results. Anomalous gold-in-soils defines a WNW-ESE trend that is900 m in length, roughly parallel to sheeted quartz vein arrays that span the edge of the Valley intrusion. Certain rock samples that yield >5 g/t Au have labels with pink haloes. High-resolution magnetic data captured by drone surveying shows a pronounced magnetic low (blue) over the centre of the intrusion, and a magnetic high (pink) from hornfels alteration. Holes V-21-001 & 002 targeted local structures in a hornfels roof/shoulder pendant in addition to sheeted vein arrays, whereas holes V-21-003 &004 were drilled to target the sheeted vein arrays themselves.

Figure 3–Sheeted vein arrays observed in drill holes V-21-003 (top) and V-21-004 (bottom).Subparallel, millimetre-to centimetre-scale quartz veins are present across wide zones in all four holes drilled at Valley in 2021. The density of veins increases towards the intrusion, as expected for this deposit model and as illustrated by the greater density in the silicified diorites(top) versus the hornfels siltstones (bottom).The first 1.5 m shown from 121 m to 122.5 m downhole in V-21-004 averaged12.0 g/t Au. The system remains open in both directions along strike, and the width and depth of the sheeted vein arrays have yet to be established.

UPCOMING EXPLORATION

With over $8.5M CAD in the treasury, Snowline is actively preparing for a busy 2022 exploration season. The upcoming program will see at least two drills turning on an 8,000+ m program focused on the Company’s Jupiter and Valley discoveries along with nearby targets. This work continues to build toward establishing North America’s newest gold district in the Yukon’s Selwyn Basin.

The Company currently has a diamond drill under contract and on site at Valley, overwintering for a quick and cost-effective resumption of drilling in Spring 2022. Given the scale of the associated geochemical anomaly, the extent of sheeted veins observed on surface and the potential for higher vein densities within the intrusion, a 3000+ m drill program is planned at Valley to better understand the scale and continuity of the mineralized zone.

Figure 6 – Valley zone location map in relation to surrounding Snowline Gold Corp. projects. Valley is the westernmost in an east-west line of 3 small intrusive bodies, each of which bears strong evidence for the presence of a reduced-intrusion related gold system.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, Valley’s NQ-sized drill core was systematically logged for geological attributes, photographed and sampled at Snowline’s 2021 field camp. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

ALS is accredited to ISO 17025:2005 UKAS ref 4028 for its laboratory analysis. Samples were crushed by ALS to >70% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. An aqua regia digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 51-element analysis on 50 g samples (ALS code: Au-ME-TL44). For V-21-003, as with previous Valley zone holes V-21-001 and 002, all samples were re-analysed for gold content by fire assay with an inductively coupled plasma atomic emission spectroscopy (ICP-AES) finish on 30 g samples (ALS code: Au-ICP21). For V-21-004, as a cost saving measure, any sample retuning less than 50 parts per billion gold was not reanalyzed by fire assay. At the time of writing, all such samples from V-21-004 have been resubmitted for fire assay to provide consistency in the dataset and because aqua regia appears to under-report gold concentrations by an average of 12% in holes V-21-001, 002 and 003 compared to the more rigorous fire assay analysis technique. Any sample returning >10 g/t Au was reanalysed by fire assay with a gravimetric finish on a 50 g sample (ALS code: Au-GRA22).

Samples with visible gold and other samples returning >5 g/t Au will undergo further processing, analysing the screen rejects to determine whether the screening process could introduce a sampling bias in current results by excluding coarse gold from analysis, resulting in an under-reporting of true grades.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >100,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin. Snowline’s project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold’s Eagle Mine. Snowline’s first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements about the Company reviewing its newly acquired project portfolio to maximize value, reviewing options for its non-core assets, including targeted exploration and joint venture arrangements, conducting follow-up prospecting and mapping this summer and plans for exploring and expanding a new greenfield, district-scale gold system. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company’s plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SNOWLINE GOLD INTERSECTS 1.27 GRAMS PER TONNE OVER 108.0 METRES IN SECOND HOLE RETURNED FROM ITS BULK-TONNAGE VALLEY DISCOVERY, ROGUE PROJECT, YUKON

January 31, 2022January 31, 2022

• Hole V-21-001 averaged 1.27 g/t Au over 108 m from 19.5 m downhole, within a broader mineralized zone averaging 1.09 g/t Au over 135 m from 5 m downhole.

• Entire 161 m hole averaged 0.95 g/t Au, ending in zone of gold mineralization.

• Geochemical signature consistent with classic reduced intrusion related gold system.

• Assays to follow for remaining 2 holes at Valley, both of which intersected similar mineralization to reported holes V-21-001 and V-21-002.

Vancouver, B.C., January 31, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide additional initial drill results from Phase I drilling at the Valley zone on its Rogue gold project in the Yukon Territory, Canada. Hole V-21-001 intersected a broad zone of high gold values associated with visible gold in sheeted vein arrays. The hole averaged 1.27 g/t Au (uncapped) over 108.0 m from 19.5 m downhole, within a broader zone of mineralization averaging 1.09 g/t Au (uncapped) over 135.0 m from 5.0 m downhole. These results build on the recently announced assay results for Hole V-21-002 (1.01 g/t Au over 136.8 m; reported January 25, 2022), demonstrating encouraging grade continuity in the mineralized system.

Table 1 – Hole details and notable intervals in V-21-001. Localized hot spots of up to 22.6 g/t Au (over 0.4 m) were present in the mineralized interval, particularly in the top 45 m of the hole, but overall grades are otherwise relatively consistent. With grades capped at 10 g/t Au, the top two intervals return 1.00 g/t Au over 135 m and 1.17 g/t over 108.0 m. This capping reduces the effect of “smearing” of high-grade results across lower grade zones of the intervals.
*Interval widths reported; at this point there is insufficient data to reliably estimate true widths of the zone.

“This second set of drill results confirms the tenor of the Valley discovery,” said Scott Berdahl, CEO and director of Snowline. “We are excited to see such consistent mineralization within and between our first two holes. This is a very strong start and gives us a lot to build on in the upcoming 2022 exploration season. Given the scale of the associated soil anomaly and the distribution of sheeted vein arrays we have seen on surface, there appears to be a lot of high potential ground to explore as we test the extents of this mineralized system. My congratulations again to the Snowline technical team on their second significant drill discovery in our first field season—this is a remarkable achievement.”

Drill hole V-21-001 totalled 161 m in length and averaged 0.95 g/t Au over the full 160.5 m (excluding the top 0.5 m of overburden which was not assayed). The hole ended in elevated to anomalous gold mineralization, with the final 7.0 m of drilling averaging 0.34 g/t Au, including 1.65 g/t Au over 0.55 m from 159.0 m carrying trace visible gold.

Figure 1–Gold assay results (yellow) for cross-section of drill holes V-21-001(upper) and V-21-002 (lower) plotted against simplified lithologies. For the purposes of plotting, assay values for V-21-001 are capped at 10 g/t Au.

Based on the geological setting, the style of mineralization observed and on geochemical and mineral associations observed in drill core, Valley is interpreted to be a reduced intrusion related gold system (RIRGS). Elsewhere, RIRGS gold deposits are known to form important commercial gold resources, including Victoria Gold Corp.’s Eagle Mine in the Yukon and Kinross Gold Corporation’s Fort Knox Mine in Alaska. Both deposits are hosted in intrusive rocks thought to be associated with those at Valley.

Figure 2–Drill hole locations at Valley atop soil, rock and magnetic survey results. Anomalous gold-in-soils defines a WNW-ESE trend some 900 m in length, roughly parallel to sheeted quartz veinarrays that span the edge of the Valley intrusion. Certain rock samples that yield >5 g/t Au are labeled with pink haloes. High-resolution magneticdata captured by drone surveying shows a pronounced magnetic low (blue) over the centre of the intrusion, and a magnetic high (pink) owing to hornfels alteration. Holes V-21-001 & 002 targeted local structures in a hornfels roof/shoulder pendant in addition to sheeted vein arrays, whereas holes V-21-003 and 004 were drilled to target the sheeted vein arrays themselves.

Figure 3–Grains of visible gold in V-21-001, at 19.6 m, 19.7 m and 36.1 m downhole in the first hole on the Rogue project’s “Valley” target. Photos above are not consistently scaled. Native gold grains observed to date vary in size from 0.1 mm to 0.5 mm and are commonly accompanied by bismuthinite and tellurides (shiny grey minerals). 31 instances of veins carrying visible gold we observed in V-21-001, including one within 2 m of the bottom of the hole.Assays for samples carrying visible gold ranged from 0.088 g/t Au over 0.5 m to 22.6 g/t Au over 0.4 m.

Figure 4–Gold values in Valley holes V-21-001 and V-21-002 plotted against silver, arsenic, bismuth and tellurium. Larger circles indicate samples in which visible gold was observed during core logging. Background colours reflect point densities.Samples with assays >10g/t Au and <0.05 g/t Au have been removed to reduce the influence of outliers and non-mineralized samples on correlation. The “buckshot” appearance of data points on the top two plots for silver and arsenic show little to no relationship between those elements and gold. The more constrained distributions on the bottom two plots for bismuth and tellurium show that samples with high gold values are also high in these elements. This demonstrates the association of gold with bismuth and telluride minerals, a fingerprint of reduced-intrusion related gold systems.

FORTHCOMING RESULTS

Assay results for V-21-003 and V-21-004 have yet to be received. Both remaining holes at Valley intersected trace amounts of visible gold in drill core along with extensive zones of sheeted quartz veins. Full results from these holes are expected in the coming weeks.

Figure 5–Sheeted vein arrays observed in drill holes V-21-003 (left) and V-21-004 (right).Subparallel, millimetre-to centimetre-scale quartz veins similar tot hose observed in V-21-001 and V-21-002 are present across wide zones in all four holes drilled at Valley in 2021. The density of veins increases towards the intrusion, as expected for this deposit model and as illustrated by the greater density in the silicified diorites (left) versus the hornfelsed siltstones (right). Assays for these drill holes are pending.

UPCOMING EXPLORATION

With over $8.6M CDN in the treasury, Snowline is actively preparing for a busy 2022 exploration season. The upcoming program will see at least two drills turning on an 8,000+ m program focused on the Company’s Jupiter and Valley discoveries along with nearby targets. This work continues to build toward establishing North America’s newest gold district in the Yukon’s Selwyn Basin.

The Company currently has a diamond drill under contract and on site at Valley, overwintering for a quick and cost-effective resumption of drilling in Spring 2022. Given the scale of the associated geochemical anomaly, the extent of sheeted veins observed on surface and the potential for higher vein densities within the intrusion, a 3000+ m drill program is planned at Valley to establish the scale and continuity of the mineralized zone.

Figure 6 – Valley zone location map in relation to surrounding Snowline Gold Corp. projects. Valley is the westernmost in an east-west line of 3 small intrusive bodies, each of which appears to have potential to host an intrusion-related gold deposit.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, drill core from V-21-001 was systematically logged for geological attributes, photographed and sampled at Snowline’s 2021 field camp. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

SNOWLINE GOLD INTERSECTS 1.01 GRAMS PER TONNE OVER 136.8 METRES IN FIRST HOLE RETURNED FROM ITS BULK-TONNAGE VALLEY DISCOVERY, ROGUE PROJECT, YUKON

January 25, 2022January 25, 2022

• Snowline’s initial drill campaign on the recently discovered Valley zone intersected the targeted sheeted vein arrays with visible gold in all four holes.

• Hole V-21-002 averaged 1.01 g/t Au over 136.75 m from 35.25 m downhole, within a broader mineralized zone averaging 0.85 g/t Au over 186 m.

• Assays to follow for 3 of 4 holes at Valley, all of which intersected similar mineralization to V-21-002.

• A diamond drill is currently on-site at Valley, ready to advance target in Spring 2022.

Vancouver, B.C., January 25, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce initial drill results from Phase I drilling at the Valley zone on its Rogue gold project in the Yukon Territory, Canada. Hole V-21-002 intersected a broad zone of gold mineralization associated with visible gold in sheeted vein arrays. The hole averaged 1.01 g/t Au over 136.75 m from 35.25 m downhole, within a broader zone of mineralization averaging 0.85 g/t Au over 186.0 m from 31.5 m downhole. These results mark the in-situ discovery of a potentially significant gold system and demonstrate the fertility of the bulk-tonnage Valley gold target.

Table 1 – Hole details and notable intervals in V-21-002. Localized hot spots of up to 9.67 g/t Au over 0.65 m were present in the mineralized interval, but overall grades are otherwise relatively consistent. *Interval widths reported; at this point there is insufficient data to reliably estimate true widths of the zone.

“This is Snowline’s second significant drill discovery in as many drill programs in 2021,” commented Scott Berdahl, CEO and director of Snowline. “We launched the company around the idea of an unrecognized gold district hiding in a relatively unexplored package of prospective rocks here in the Yukon’s Selwyn Basin. Beyond our excitement for the Valley discovery itself, we are similarly excited at the implications these results have toward validating our district-scale exploration thesis. With two discoveries in hand and many additional prospective targets, we are eager to get started on our 2022 exploration season.”

Drill hole V-21-002 totalled 242 m in length and averaged 0.69 g/t Au over 239 m (excluding the top 3 m of overburden which was not assayed). The hole ended in elevated to anomalous gold mineralization, with the final 6.5 m of drilling averaging 0.25 g/t Au, including 1.01 g/t Au over 0.5 m from 235.5 m.

Figure 1 – Gold assay results (yellow) for V-21-002 plotted against lithologies for holes V-21-001 & V-21-002. Both holes crossed large zones of hornfels associated with the emplacement of the Valley stock, with intense silicification often obscuring original lithologies.

“These results and related geochemical metal associations with bismuth and tellurium conclusively characterize Valley as a classic reduced intrusion-related gold system,” commented Snowline chair and director Dr. Craig Hart, an internationally recognized expert on this deposit type. “It has lots of similarities to Kinross’ Ft. Knox Gold Mine in Alaska and Victoria Gold’s Eagle Gold Mine in the Yukon, and most importantly these early results yield some very good grades. These systems are well understood, and these early Valley drill holes are in just one shoulder of the system – so there is still lots of room to follow-up.”

V-21-002 was collared in hornfels Ordovician siltstones of the Road River group on the edge of a newly-discovered Cretaceous-aged felsic intrusion belonging to the fertile Mayo plutonic suite. It was drilled obliquely towards the intrusion and encountered alternating zones of sediments and intrusive rocks, interpreted as dikes along the edges of the Valley stock.

Gold is thought to be carried primarily in arrays of subparallel (“sheeted”), low-sulphide quartz veins present throughout the core, with the total volume of quartz in each sample acting as a control on grade. Trace amounts of visible gold was observed in sixteen veins along the hole, commonly associated with bismuthinite.

Valley is a discovery-stage bulk-tonnage prospect with no estimated resources nor reserves. It is still too early-stage to determine the size of the mineralized system nor whether it will prove to be economically viable.

Figure 2 – Drill hole locations at Valley atop soil, rock and magnetic surveying results. Anomalous gold in soils defines a WNW-ESE trend some 900 m in length, roughly parallel to sheeted quartz veins that span the edge of the Valley intrusion. Certain rock samples >5 g/t Au are labeled with pink haloes. High-resolution magnetic data captured by drone surveying shows a pronounced magnetic low (blue) over the centre of the intrusion, and a magnetic high (pink) owing to hornfels alteration. Holes V-21-001 & 002 targeted local structures in a hornfels roof/shoulder pendant in addition to sheeted vein arrays, whereas holes V-21-003 and 004 were drilled to target the sheeted vein arrays themselves.

Figure 3 – Valley zone location map in relation to surrounding Snowline Gold Corp. projects. Valley is the westernmost in an east-west line of 3 small intrusive bodies, each of which appears to have potential to host an intrusion-related gold deposit.

FORTHCOMING RESULTS

Samples for V-21-002 were processed by the lab before the first Valley drill hole, V-21-001. Assays from V-21-001 are further delayed by 4 overlimit triggers (assays >10 g/t Au) across a total, non-contiguous core length of 1.9 m. As with V-21-002, all three remaining holes at Valley intersected trace amounts of visible gold in drill core along with extensive zones of sheeted quartz veins. Full results from these holes are expected in the coming weeks.

Figure 4 – Sheeted vein arrays observed in holes V-21-003 (left) and V-21-004 (right). Subparallel, millimetre- to centimetre-scale quartz veins similar to those observed in V-21-002 are present across wide zones in all 4 holes drilled at Valley in 2021. The density of veins increases towards the intrusion, as expected for this deposit model and as illustrated by the greater density in the silicified diorites (left) versus the hornsels siltstones (right). Assays for these holes are pending.

UPCOMING EXPLORATION

The Company currently has a drill under contract and on site at Valley, overwintering for a quick and cost-effective resumption of drilling in Spring 2022. Given the scale of the associated geochemical anomaly, the extent of sheeted veins observed on surface and the potential for higher vein densities within the intrusion, a program of grid drilling is planned at Valley to establish the scale and continuity of the mineralized zone.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, drill core from V-21-002 was systematically logged for geological attributes, photographed and sampled at Snowline’s 2021 field camp. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor and

by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

expanding a new greenfield, district-scale gold system. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

SNOWLINE GOLD STRENGTHENS TECHNICAL TEAM AND ISSUES INCENTIVE STOCK OPTIONS

January 20, 2022

Vancouver, B.C., January 19, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce the strengthening of its technical management team in preparation for a highly active 2022 field season.

Thomas Branson, P.Geo., joins the Company as its Exploration Manager. Mr. Branson brings over 15 years’ industry experience to the Snowline team, having helped to organize and manage more than $55M in exploration expenditures and over 180,000 metres of drilling. His experience spans several continents but is focused in BC and the Yukon. A registered professional geologist with Engineers and Geoscientists British Columbia, Mr. Branson holds a B.Sc. in Earth and Ocean Science from the University of British Columbia and an M.Sc. in Exploration Geology from Rhodes University in South Africa.

Steve Rennalls joins the Company as its Operations Manager. Mr. Rennalls’ has worked on the Einarson project in various capacities during four exploration seasons, including most recently with Snowline Gold in 2021 as Camp Manager and logistics manager for the Einarson, Rogue, Ursa, Rainbow and Tosh projects. Mr. Rennalls’ background is in marketing, and his acumen, enthusiasm, and lateral thinking in logistics demonstrated during the 2021 field program reinforce his promise in this essential management role. Mr. Rennalls holds a B.Com. from McMaster University and an M.Sc. Admin. from Concordia University.

STOCK OPTIONS

In addition, the Company announces that the Board of Directors of the Company has granted a total of 1,190,00 incentive stock options to various employees, consultants, directors, and officers of the Company. The options are exercisable for one share each at $0.55 per share for a period of five years and are subject to the terms of the Company’s Stock Option Plan. Options to certain management, consultants and insiders are subject to vesting provisions of 20% every six months from the date of the grant.

FORTHCOMING RESULTS

The Company still awaits drill core assay results for its four drill holes drilled on the Rogue Project’s Valley Zone in 2021. All four holes at Valley intersected trace amounts of visible gold in drill core.

In hole V-21-001, the first hole drilled at Valley, sheeted quartz veins were observed across its entire 161 m length. Thirty-one of the many veins observed in this hole contained trace amounts of visible gold, with up to five gold grains observed in a given vein. Visible-gold bearing veins were distributed roughly evenly across the length of the hole.

Valley is a reduced intrusion-related gold target that presents a bulk-tonnage gold exploration model where gold is hosted in widespread arrays of centimetre-scale sheeted quartz veins within and around a felsic intrusion. Valley is a new discovery, and the 2021 drill program represents the first ever drill testing of the target.

QA/QC AND QUALIFIED PERSON

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

SNOWLINE GOLD INTERSECTS 8.3 GRAMS PER TONNE GOLD OVER 4.7 METRES INCLUDING 22.1 GRAMS PER TONNE OVER 1.1 METRES IN 460 METER STEP-OVER AT ITS JUPITER ZONE, EINARSON

January 12, 2022January 12, 2022

•Diamond drill hole J-21-020 returned 8.3 g/t Au over 4.7 m in the first drill test of a new, covered target area at Jupiter

• Quartz breccia hosts fine-grained visible gold assayed 22.1 g/t Au over 1.1 m within above 4.7 m interval

• Hole J-21-020 was collared 1.1 km north of high-grade (>20 g/t Au) hits in holes J-21-010, 011, 012 & 013, demonstrating scale of mineralizing system

• Assays still pending for all 4 holes at Snowline’s Valley zone bulk-tonnage target 32 km south of Jupiter, each of which intersected visible gold and extensive zones of sheeted veins

Vancouver, B.C., January 12, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce receipt of remaining assay results from Phase I drilling at the Jupiter zone on its district-scale Einarson gold project in the Yukon Territory, Canada. Among these results, hole J-21-020 returned 8.3 g/t Au over 4.7 meters, including 22.1 g/t Au over 1.1 meters in a quartz-carbonate vein breccia carrying visible gold. True widths for this intersection are not known but are estimated at approximately 90% of the reported interval.

Figure 1 – J-21-020, from 106.0 m to 111.4 m downhole, as previously shown in a September 3, 2021 Company release. The wide, stylolitic, acicular arsenopyrite-bearing quartz carbonate vein breccia from 108.9 m to 110.0 m downhole returned 22.1 g/t Au over 1.1 m. Instances of fine-grained visible gold were observed at 109.6 m and 109.8 m downhole. This sits within a broader zone of mineralized quartz carbonate veins and pyrite- and arsenopyrite-bearing siltstones from 106.0 m to 110.7 m downhole which averaged 8.3 g/t Au (including the above interval). Intersections are perpendicular to the core axis and thus suggest a close approximation of true widths, although the geometry of the mineralization is not yet known

“We are pleased to see high grades associated with the visible gold discovered in this new part of the Jupiter zone,” said Scott Berdahl, CEO and Director of Snowline Gold Corp. “While the area lacks mineralized outcrops to guide our decision-making at Jupiter, this target was particularly blind but it does have a broad geochemical anomaly. As a random shot through this target, today’s results are particularly encouraging—they give us a foot in the door in locating and delineating this new mineralization center. With results from widely space drilling over 1.1 km we are just scratching the surface. We look forward to expanding on this discovery and others as we further test the 3-km-long geochemical anomaly at Jupiter in the upcoming 2022 field season.”

Figure 2 – Location of J-21-020 and other drill holes plotted on Jupiter area soil and rock geochemical results. Diamond drill hole collars are shown as circles coloured by the highest grade assay returned along a given hole. The vast majority of the 3 km Jupiter zone anomaly remains to be tested, within and outside of the 1.1 km area drilled to date. Inset shows Jupiter and surrounding zones in context of local geology and major faults. Snowline’s 2021 drill campaign is the first ever drill testing of Jupiter on the district-scale Einarson gold project. True widths of the above intervals are not yet known.

The bottom of hole J-21-016 returned 0.95 g/t Au over 4.5 m from 175.8 m downhole. Holes 17 through 19 were drilled to test a possible parallel trend to the discoveries in holes 10-13 and 15, and they intersected grades of up to 3.2 g/t Au. Hole J-21-021, which was drilled at a steeper angle from the same pad as Hole 20, intersected a large pyritic zone with quartz carbonate material but generally subdued gold values (Table 1).

Table 1 – Hole details and notable intervals in holes 16 though 21 at Jupiter. *True widths are not yet known with certainty but in hole J-21-020 are estimated to be roughly 90% or more of the reported interval.

The style of mineralization in Hole J-21-020 is consistent with that observed on surface in quartz-carbonate float boulders and in drill discoveries made by Snowline earlier in the season on Jupiter, suggesting the presence of a large mineralized system. It is also consistent with occurrences of near-source float mineralization observed at the Avalanche Creek target, some 12 kilometers to the south of Jupiter.

This Phase I drill program represents the first ever drilling at Jupiter and marks the discovery of a new style of mineralization for this region of the Yukon. Jupiter is thought to represent an epizonal orogenic gold system, with similarities to systems like New Found Gold Corp.’s Queensway discoveries in Newfoundland and Agnico Eagle Mines Ltd.’s Fosterville mine in the Bendigo district of Australia.

Jupiter is one of nine target zones prospective for orogenic and/or Carlin-style gold mineralization currently recognized on Snowline Gold’s 70%-owned, district-scale Einarson project. Adjacent projects Rogue and Ursa are prospective for intrusion-related gold and sediment-hosted gold and base metal deposits. No resources nor reserves have been calculated on any of these targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere.

Figure 3 – Jupiter zone location map in relation to surrounding Snowline Gold Corp. projects. At the Rogue project’s Valley target, assay results for all four holes (each of which intersected trace amounts of visible gold) remain pending.

FORTHCOMING RESULTS

The Company awaits assay information for its four drill holes from the Valley zone on the nearby Rogue project, some 32 kilometers to the south of Jupiter. All four holes at Valley intersected trace amounts of visible gold in drill core. Valley is a reduced intrusion-related gold target that presents a bulk-tonnage gold exploration model where gold is hosted in widespread arrays of centimetre-scale sheeted quartz veins within and around a felsic intrusion.

In hole V-21-001, sheeted quartz veins were observed across its entire 161 m length. Thirty-one of the many veins observed in this hole contained trace amounts of visible gold, with up to five gold grains observed in a given vein. Visible-gold bearing veins were distributed roughly evenly across the length of the hole.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, drill core was systematically logged for geological attributes, photographed and sampled. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

SNOWLINE GOLD ANNOUNCES COMPLETION OF C$7 MILLION NON-BROKERED PRIVATE PLACEMENT

December 20, 2021December 20, 2021

December 20, 2021 – Vancouver, B.C. – Snowline Gold Corp. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has completed its previously announced non-brokered private placement, issuing 757,575 flow-through common shares of the Company (the “FT Shares”) at a price of C$0.66 per FT Share and 8,783,783 premium flow-through common shares of the Company (the “Premium FT Shares”) at a price of C$0.74 per Premium FT Share, for aggregate gross proceeds of approximately C$7 million. Each FT Share and Premium FT Share is accompanied by one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”), with each Warrant being exercisable for one common share of the Company at an exercise price of C$0.75 until December 17, 2023 (the “Offering”).

The gross proceeds from the issue and sale of the FT Shares and the Premium FT Shares will be used to support advancement of exploration on the Company’s Yukon Territory mineral properties, which will qualify as “Canadian Exploration Expenses” and “flow-through mining expenditures”, as those terms are defined in the Income Tax Act (Canada), which will be renounced to the initial purchasers of the FT Shares and the Premium FT Shares with an effective date no later than December 31, 2021.

“We are thrilled to have funds in hand for a significant and expanded exploration program in 2022,” said Scott Berdahl, CEO and Director of Snowline Gold Corp. “This placement puts Snowline in a strong position as we continue to build on the progress made in 2021. We are already working to make 2022 an even more exciting year for Snowline and its shareholders than our inaugural 2021 campaign.”

Snowline Gold Corp’ Chair, Craig Hart emphasized that, “Importantly, these flow-through shares were acquired by fundamental buyers who appreciate the long term growth opportunity of our exploration and discovery plan. On behalf of the company, we would like to thank our investors for their continued support.”

An aggregate cash finder’s fee of $11,892.01 was paid to finders in respect of the Offering.

All securities issued in connection with the Offering are subject to a hold period of four months and one day from the closing of the Offering, in accordance with applicable Canadian securities laws, expiring on April 18, 2022.

The securities issued under the Offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and were not to be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements regarding the anticipated use of proceeds from the Offering and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things, risks associated with executing the Company’s plans and intentions. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SNOWLINE GOLD ANNOUNCES UPSIZE TO PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT TO C$7 MILLION

November 23, 2021

November 23, 2021 – Vancouver, B.C. – Snowline Gold Corp. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that its previously announced non-brokered private placement is over-subscribed. As a result, the Company has increased the number of premium flow-through common shares of the Company (the “Premium FT Shares”) to be issued to a maximum of 8,783,783 Premium FT Shares at a price of C$0.74 per Premium FT Share for gross proceeds of up to C$6,500,000. The number flow-through common shares of the Company (the “FT Shares”) remains at a maximum of 757,575 FT Shares at a price of C$0.66 per FT Share for gross proceeds of up to C$500,000. Each FT Share and Premium FT Share will be accompanied by one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”), with each Warrant being exercisable for one common share of the Company at an exercise price of C$0.75 for a period of two years (the “Offering”).

It is expected that the closing of the Offering will occur on or about December 15, 2021 (the “Closing Date”) and is subject to the satisfaction of certain conditions, including receipt of acceptance of the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the Closing Date, in accordance with applicable Canadian securities laws.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements regarding the anticipated use of proceeds from the Offering, the expected Closing Date and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things, risks associated with executing the Company’s plans and intentions. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SNOWLINE GOLD ANNOUNCES C$5 MILLION NON-BROKERED PRIVATE PLACEMENT

November 22, 2021November 22, 2021

November 22, 2021 – Vancouver, B.C. – Snowline Gold Corp. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has arranged to issue, on a non-brokered private placement basis, (a) up to 757,575 flow-through common shares of the Company (the “FT Shares”) at a price of C$0.66 per FT Share for gross proceeds of up to C$500,000, and (b) up to 6,081,081 premium flow-through common shares of the Company (the “Premium FT Shares”) at a price of C$0.74 per Premium FT Share for gross proceeds of up to C$4,500,000. Each FT Share and Premium FT share is accompanied by one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”), with each Warrant being exercisable for one common share of the Company at an exercise price of C$0.75 for a period of two years (the “Offering”).

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

SNOWLINE GOLD EXTENDS HIGH GRADE FOOTPRINT WITH 13.7 GRAMS PER TONNE GOLD OVER 3.6 METRES AT ITS JUPITER ZONE, EINARSON

November 18, 2021November 21, 2021

Assay results received for holes J-21-008, 014, 015 and most of 016 from Jupiter zone
Hole J-21-015 intersected a large, sulphide-bearing quartz-carbonate vein assaying 13.7 g/t Au over 3.6 m, including 25.2 g/t Au over 0.95 m (true widths unknown). The hole was collared 153 m northwest of recent high grade discovery holes
Assays pending for 5 additional holes at Jupiter, including J-21-020 which intersected visible gold 1.1 km north of discovery holes, within a 3 km gold-in-soil anomaly.

Vancouver, B.C., November 17, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce additional assay results from Phase I drilling at the Jupiter zone on its district-scale Einarson gold project in the Yukon Territory, Canada. The highlight of these results are from Hole J-21-015, which was collared 153 metres northwest of previous holes J-21-010 to J-21-013 (see Snowline press releases dated August 25, 2021 and October 13, 2021). The hole intersected a wide, mineralized quartz-carbonate breccia which averaged 13.7 g/t Au over 3.6 metres beginning at 119.1 metres downhole.

Figure 1–J-21-015, from 119.0 m to 124.2 m downhole. Brecciated and stylolitic textures dominate the quartz carbonate zone. Siltstone wall-rock clasts and acicular arsenopyrite comprise grey areas, with pyrite also present. Sample boundaries on the core are marked in red. The predominantly siltstone section immediately above themainvein(119.1 -119.75 m)returned 17.5 g/t Au over 0.65 m. The 0.95 m interval at the base of the zone(121.75 -122.7 m) returned 25.2 g/t Au. The two 1.0m samples from between these returned 7.17 and 6.89 g/t Au. True widthof the zoneis not known but is estimated between 50-70% of the downhole width

“We are excited to intersect additional high-grade gold mineralization in this significant step-out from our discovery holes,” said Scott Berdahl, CEO and director of Snowline. “Jupiter is a blind target—it’s close to the surface but covered by thin overburden. We did not have a mineralized discovery outcrop to trench nor to drill, so our Phase 1 holes were somewhat random tests of a blind system. Nonetheless, these drill holes are regularly hitting gold, and this latest intersection further expands the footprint of known in-situ mineralization. We still have a lot to learn, and have yet to delineate the length, depth or even the breadth of the gold system. We are eagerly awaiting assay results from the remaining five holes at Jupiter, as well as all four holes from the Valley zone on our Rogue project.”

Figure 2–Plan map of the Jupiter zone with newly received assays in the context of the drill holes and soil and rock geochemical anomalies. Drill holes are labelled with significant assay results received to date. Assay results for five drill holes are still pending. Drill hole collar sites are shown as circles with drill traces shown as solid black lines. Snowline’s 2021 drill campaign is the first ever drill testing of the recently identified Jupiter zone on the district-scale Einarson gold project.

DRILL HOLE DESCRIPTIONS

Massive to brecciated, well-mineralized quartz-carbonate material was intersected in drill hole J-21-015 at 119.1 m downhole, containing grey siltstone fragments and intercalated siltstone layers. Well-developed acicular arsenopyrite crystals (up to 10% locally) occur in and near stylolites in quartz, within mineralized siltstone fragments and in vein selvages. Pyrite occurs as medium to coarse grained crystals in quartz and host rocks. The highest gold grades occur towards and within the margins of the vein system (Figure 1 and Table 1).

Hole J-21-016 was collared from the same drill pad as J-21-015 but drilled at a steeper angle. Assays have been received for the top 174 m of this 233 m hole, while assays below this remain pending. This hole hit zones of hydrothermally altered siltstone and small, non- to subtly mineralized quartz veins. Assay results received from J-21-016 so far end in a zone of low-grade mineralization (0.20-0.87 g/t Au) and similarly veined material extends below; assays pending from the bottom of the hole will provide additional information. The hole provides valuable context for delineating the extent of mineralized system.

Holes J-21-008 and J-21-014 were drilled in the vicinity of earlier holes (J-21-001 to J-21-007 and J-21-009) and they both intersected zones of altered siltstone, and minor mineralized quartz-carbonate veins. J-21-008 intersected quartz veins around a sulphide-bearing fault zone that assayed 1.28 g/t Au over 3.5 m from 66.5 m downhole.

J-21-014 intersected 3.29 g/t Au over 0.8 m from 38.4 m downhole. This interval also returned high antimony (127 ppm) relative to most other holes. Antimony is an important associated element in the highest-grade zones in epizonal orogenic gold systems such as Fosterville in Australia or Queensway in Newfoundland. As such, this information may prove useful in vectoring towards any such centers of the system present at Jupiter, if they are present.

True widths have not yet been determined for these intervals.

Drilling at Jupiter has so far tested only parts of a 1.1 km length within the roughly 3 km long gold-in-soil anomaly. The strongest assay results thus far are from the south end of this partially tested length and visible gold was encountered at its north end. The gold system remains open in all directions.

Jupiter likely represents an epizonal orogenic gold system. It is one of ten target zones prospective for orogenic and/or Carlin-style gold mineralization currently recognized on Snowline Gold’s 70%-owned, district-scale Einarson project. Adjacent projects Rogue and Ursa are prospective for intrusion-related gold, and sediment-hosted gold and base metal deposits. No resources nor reserves have been estimated for any of these targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere.

Table 1 – Hole details and notable intervals in holes for which assays have been received since Snowline’s October 13, 2021 news release. *True widths are not yet known with certainty but in hole J-21-015 are estimated to run between 50 and 70% of reported downhole intervals. **Note that J-21-016 has not yet been assayed in its entirety, with additional assays expected from the bottom of the hole.

FORTHCOMING RESULTS

The Company awaits assay information on an additional five drill holes from Jupiter, including J-21-020 which contained visible gold, and other holes with encouraging zones of alteration, quartz-carbonate veins and/or sulphide mineralization.

In addition, the company also awaits assay information for its four drill holes from the Valley zone on the nearby Rogue project. All four holes at Valley intersected trace amounts of visible gold in drill core. Valley is a reduced intrusion-related gold target that presents a bulk-tonnage gold exploration model where gold is hosted in widespread arrays of centimetre-scale sheeted quartz veins within and around a felsic intrusion.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, drill core was systematically logged for geological attributes, photographed and sampled. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. The holes in this release were not sampled top to bottom. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered

by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

“may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

SNOWLINE GOLD INTERSECTS 13.9 GRAMS PER TONNE GOLD OVER 6.0 M INCLUDING 45.0 GRAMS PER TONNE GOLD OVER 1.5 METRES AMONG WIDESPREAD GOLD HITS AT ITS JUPITER ZONE, EINARSON

October 13, 2021October 13, 2021

Three drill holes fanned from the “discovery” hole J-21-011 returned similar high gold grades, highlighted by 13.9 g/t Au over 6 m and broader intervals of gold mineralization
• Values of 45.0 g/t (1.59 oz/ton) Au over 1.5 m and 31.1 g/t Au (1.1 oz/ton) over 1.5 m associated with apparently “barren” quartz and in host mudstones show variable styles of gold deposition
• Multiple mineralized structures observed, system open in all directions
• Assays pending for nine additional holes at Jupiter across 1.1 km on surface, including J-21-020 which carried visible gold.

Vancouver, B.C., October 13, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce additional assay results from Phase I drilling at the Jupiter zone on its district-scale Einarson gold project in the Yukon Territory, Canada. A set of three holes drilled radially from the same pad as J-21-011 (see Snowline’s August 25, 2021 news release) all hit significant gold mineralization, indicating a broad zone comprising multiple gold-bearing structures and rock units.

Table 1 – Drill highlights from holes 10, 12 and 13 at Jupiter. True widths are not yet known but are expected to be between 50 to >90% of reported intervals. Note that J-21-012 was only partially assayed.

“These results build on our discovery hole, demonstrating the presence of a robust gold system at Jupiter,” said Scott Berdahl, CEO and director of Snowline. “We were excited this summer to get the excellent results from J-21-011. To follow that up with multiple broad gold intercepts

with high grades across multiple holes indicates the significance of this mineralizing system. Combined with our observation of gold in various forms—including native gold—this suggests a large, fertile fluid system that readily precipitated gold in the Jupiter area. We look forward to seeing more drillhole assay results from encouraging intersections observed in broad step-outs as the Jupiter discovery continues to take shape.”

Figure 1 – Drill section showing holes J-21-010 to J-21-013, with gold assays represented as yellow bar plots downhole. A preliminary schematic interpretation suggests mineralized zones (red) dip roughly east-northeast, though this basic interpretation is unlikely to capture structural complexity suggested by fold and fault structures observed in drill core, and the continuity between holes remains to be seen. Hole J-21-012 was drilled towards the viewer and is truncated where it pierces 50 m in front of section. It was only assayed in a few select intervals below this point. Hole J-21-013 projects slightly backwards from the section. True widths of reported intersections are not yet known but are expected to be between 50 to >90% of reported intervals.

Hole J-21-010 intersected extensive gold mineralization, including five distinct gold zones with grades above 8.9 g/t Au, to a maximum of 31.1 g/t Au over 1.5 m in quartz at the base of an interval of mineralized mudstone (Figure 3). Averaging all gold values from surface to the base observed mineralization, including unmineralized intervals and assuming no gold content in the top 6.5 m of overburden and unsampled material, yields 1.17 g/t Au over 185 m.

Hole J-21-012 was thought to be mostly barren due to a paucity of gold-associated minerals and was only partially sampled. Limited sampling, however, returned a zone of 13.9 g/t Au over 6.0 m, including 45.0 g/t Au over 1.5 m of altered mudstones cut by quartz-carbonate veins (Figure 4).

Hole J-21-013 was drilled towards the east, away from the target area and surface geochemical anomaly. However, it too hit extensive gold mineralization, including a 27.0 m interval averaging 2.59 g/t Au and a separate interval of 13.8 g/t Au over 2.5 m (Figure 5).

Figure 2–Plan map of the Jupiter zone with newly received assays in the context of the broader soil and rock geochemical anomaly.Holes are labelled with significant assay results received to date. Results for nine holes are still pending. Collar sites are shown as circles with drill traces shown as solid black lines. Snowline’s 2021 drill campaign is the first ever drill testing of the recently identified Jupiter zone on the district-scale Einarson gold project

Figure 3 –Visually unimpressive core from J-21-010 returned impressive grades. The 6 m interval shown from 179 m to 185 m downhole averaged 10.6 g/t Au in altered Narchilla formation siltstoneswith disseminated arsenopyrite. The final 1.5 m from 183.5 m to 185 m downhole, which has a larger quartz component and likely pierces a fold hinge, returned 31.1 g/t Au. True widths are not known but based on core angles are estimated at 70-90% of downhole intervals for this section.

Figure 4–Hole J-21-012 lacked the gold-associated mineral arsenopyrite but did not lack gold.The 6-metre interval from 50 to 56 m downhole averaged 13.9 g/t Au, including 1.5 metres of 45.0 g/t Au from 54.5 m hosted largely in altered siltstones. The lack of arsenopyrite is an encouraging sign from a metallurgical standpoint. True width of this interval is not known but is estimated at 70 to 90% or more of the downhole interval.

Figure 5–Gold bearing fold hinges in J-21-013. The 2.5 m interval from128.5 m to 131.0 m downhole averaged 13.8 g/t Au, near the base of a 10.6 m interval averaging 4.02 g/t Au. The true width and the overall geometry of this intercept is not known, but it is estimated to be between 50-70% of the downhole interval. This image was shown in a previous Snowline release (August 25, 2021) as evidence of promising mineralization observed visually in forthcoming holes. The company eagerly awaits results from additional promising holes that have assays pending.

At Jupiter, anomalous gold concentrations are found in and around fault zones, in local fold hinges, in quartz veins and disseminated within sulphide-bearing mudstones of the Narchilla Formation. Gold is commonly associated with acicular to fine grained “sooty” arsenopyrite and varying amounts of pyrite, though it is also observed in quartz carbonate veins with low sulphide content and as rare instances of native gold. Multiple vein generations demonstrate that multiple fluid events affected the rocks. Gold mineralization usually occurs within larger zones of clay alteration that partially bleach the colours of the host mudstones. A distinct olive-green coloured clay alteration is associated with many mineralized zones. The diversity in styles and settings of gold mineralization along with host-rock alteration observed over more than a kilometer are evidence of a large, fertile hydrothermal fluid system that readily deposited gold.

Table 2 – Hole details and notable intervals in holes for which assays have been received since Snowline’s August 25, 2021 news release. True widths are not yet known but are expected to run between 50 and >90% of reported downhole intervals.

FORTHCOMING RESULTS

The Company awaits assay information on an additional nine holes from Jupiter, including J-21-020 which contained visible gold, and other holes with encouraging zones of alteration, quartz-carbonate veins and/or sulphide mineralization.

In addition to the remaining drillhole results from the Jupiter zone, the company also awaits assay information for its four holes drilled at the Valley zone on the nearby Rogue project. All four holes at Valley intersected trace amounts of visible gold in drill core. Valley is a reduced-intrusion related gold target following a bulk-tonnage exploration model. Gold is hosted in large networks of centimetre-scale sheeted quartz veins within and around a felsic intrusion.

In hole V-21-001, sheeted quartz veins were observed across its 161 m length. Thirty-one of the many veins observed in this hole contained trace amounts of visible gold, with up to five gold grains in a given vein. Visible-gold bearing veins were distributed roughly evenly across the length of the hole.

QA/QC AND QUALIFIED PERSON

On receipt from the drill site, drill core was systematically logged for geological attributes, photographed and sampled. Smaller sample lengths were used to isolate zones of interest, otherwise a default 1.5 m downhole sample length was used. The holes in this release were not sampled top to bottom. Core was cut in half lengthwise, with one half collected for analysis and one half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in Whitehorse, Yukon, with analysis completed in Vancouver.

Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >106,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin. Snowline’s project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold’s Eagle Mine. Snowline’s first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.