Uncategorized – Page 11 – Snowline Gold Corp

SNOWLINE GOLD EXPANDS ITS 100% OWNED FLAGSHIP PROJECTS THROUGH STAKING AND CONSTRUCTS 45-PERSON CAMP

May 25, 2022May 25, 2022

1172 new claims staked adding 23,229 hectares across three existing projects
Expands total Yukon land position by 22% to roughly 127,300 hectares
New, centrally located 45-person camp under construction in preparation for 2022 field season
Drill program scheduled to commence June 1

Vancouver, B.C., May 25, 2022 SNOWLINE GOLD CORP. (CSE: SGD)(US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has expanded its 100% owned Rogue and Cynthia projects in the east central Yukon through staking. In total, 1,172 new claims were staked covering 23,229 hectares (232 km²), bringing the company’s Yukon mineral tenure holdings to 127,310 hectares (1,273 km²) across its seven projects. Claims were staked to bolster existing property positions following the Company’s recent drill and surface sampling discoveries. The claims cover additional geochemical anomalies and connect properties, which will enhance exploration efficiency. The increased land position further solidifies Snowline’s competitive advantage in an emerging gold district that hosts multiple gold discoveries and mineralization styles.

“Our successful exploration campaign in 2021 demonstrated a high level of mineral potential in a previously underappreciated and sparsely explored region,” said Scott Berdahl, CEO and director of Snowline Gold. “This targeted expansion reflects our renewed, results-based conviction behind our exploration thesis. It cements our first-mover position as we aim to explore not just a discovery, but a potential new gold district. Our soon-to-begin 2022 exploration program will build on last season’s discoveries alongside first-ever drill testing of multiple new targets.”

Snowline has also commenced construction of its new 45-person camp, centrally located between the Company’s Jupiter and Valley drill discoveries and proximal to additional prospective targets including Gracie, Ursa and Avalanche Creek. The camp is permitted for the next five field seasons and is located adjacent to the pre-existing Forks airstrip.

“By improving the Forks Airstrip to a safe length and condition, we can transition from float to wheeled planes, increasing our payload by up to 40% per flight and reducing total flights,” said Steve Rennalls, Operations Manager for Snowline Gold. “At the same time, the new camp’s central location shortens flight time to targets, resulting in a smaller environmental footprint through reduced emissions. It also allows for up to 10% more daily field hours per person, and it simplifies drill support, all of which will help to reduce our ‘dollars-per-meter’ operational costs. And despite record snow levels, we have a jump on the season. We are on track to welcome geologists and drillers to the new camp on May 27 with the goal of commencing our 2022 drill program on June 1.”

ROGUE STAKING
Expanded 2.4 times to 22,045 hectares.

Figure 1 – Newly staked claims on the Rogue project connect previously separate claim blocks, cover additional prospective ground and offer protection against competitive encroachment on known targets.

Staking at Rogue expanded Snowline’s tenure around its Valley drill discovery and its Gracie anomaly as well as around several additional exploration targets. Expanded claim positions were selected based on geology, field observations and data contained within Snowline’s extensive regional database. Previously isolated land tenure positions at Rogue were connected, allowing for efficient allocation of exploration expenditures towards annual claim assessments across different areas.

CYNTHIA STAKING
Expanded 2.9 times to 14,326 hectares.

Figure 2 – Newly staked claims on the Cynthia project redefine the scope of the prospect, connecting the Cynthia/X zones with the REA claims and covering historical anomalies for both gold and zinc. The broader claim block boundaries were selected based on a combination of public and proprietary geochemical data.

The Cynthia project was expanded by nearly 3 times, connecting the Company’s original Cynthia claim block with nearby mineral claim blocks currently under option from Epica Gold Inc., a subsidiary of HighGold Mining Inc. The expanded claim position covers potential sources of elevated gold content in historical soil and silt samples, including bulk-leach extractable gold samples, that are present across a wide area. Elevated zinc values are also present in historical soil and silt samples. The underlying geology at Cynthia is thought by the Company to be prospective for multiple deposit types, with two mid-Cretaceous Mayo series intrusions of the Rogue plutonic complex intruding a structural transition zone present in Selwyn Basin stratigraphy.

EINARSON STAKING

Various fractional claims were staked on the Einarson project as part of the Spring 2022 staking campaign to consolidate land positions and reduce the potential for “nuisance staking” in the vicinity of key target areas.

AREAS OF INTEREST

Certain newly staked claims fall within the areas of interest (AOIs) defined in Snowline (formerly Skyledger Tech Corp)’s December 1, 2020 deal with Yukon-based company 18526 Yukon Inc., through which Snowline acquired its extensive Yukon datasets and its seven Yukon mineral properties. Claims staked within the AOIs are subject to a 2% net smelter return (NSR) and are incorporated into existing buy-down provisions which allow Snowline to reduce NSR to 1% on a project-by-project basis. 18526 Yukon Inc. is a privately held project generation company that is owned 40% by Snowline’s CEO and Director Scott Berdahl.

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.

Figure 3 – Updated project location map for Snowline Gold’s eastern Selwyn Basin properties.

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

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.

2022 SNOWLINE GOLD ANNUAL GENERAL MEETING

May 16, 2022May 16, 2022

The 2022 Snowline Gold Annual General Meeting will be held on Thursday, May 19, 2022. Please find all AGM-related information below.

***

Notice and Access Notification to Shareholders – Annual General Meeting of Shareholders
Click here to view and download

Form of Proxy
Click here to view and download

Notice of Meeting and Information Circular
Click here to view and download

SNOWLINE GOLD FURTHER STRENGTHENS ITS MANAGEMENT TEAM

April 19, 2022April 18, 2022

Sergio Gamonal, most recently Chile Exploration Manager for Barrick, joins as Snowline’s Lead Geologist
Stephanie Hansen, marketing specialist, joins as Snowline’s Marketing and Investor Relations Manager

Vancouver, B.C., April 19, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce updates to the Company’s management team, with the recent appointments of Sergio Gamonal as Lead Geologist and Stephanie Hansen as Marketing and Investor Relations Manager.

Sergio Gamonal brings over 15 years’ exploration experience to the Company, having held senior roles at major mining companies Barrick and Kinross. Most recently, he served as country Exploration Manager for Argentina and then Chile with Barrick Gold, where he led the development of a robust pipeline of early to advanced stage gold targets throughout the Andes. Prior to this, he spent over 10 years with Kinross in the roles of Senior Specialized Geologist and Exploration Geologist, integrating geological and geochemical datasets with assessment and exploratory fieldwork at project sites in Russia, Africa, and South America. Mr. Gamonal holds an M.Sc. in Geology from the Mineral Deposit Research Unit at the University of British Columbia.

“I am very excited to join a team of discovery-driven, highly motivated and passionate people at Snowline focused on advancing a unique and unexplored gold camp in the Yukon,” said Mr. Gamonal, Lead Geologist at Snowline. “The diversity of mineralization styles among Snowline’s recent discoveries and regional targets is especially compelling as is it a sign of a fertile district capable of producing world-class gold deposits.”

Mr. Gamonal joins Thomas Branson, MSc, PGeo, Exploration Manager and Steve Rennalls, Operations Manager at Snowline to round out a highly capable management team focused on efficient project advancement and target prioritization while following best practices in geoscience and operations.

Stephanie Hansen brings nearly 10 years’ marketing experience to Snowline from a variety of industries. She will lead Snowline’s major marketing, branding and communication initiatives as the Company shares its story and discoveries with investors, community and government alongside widening domestic and global audiences.

Stated Ms. Hansen, Marketing and IR Manager at Snowline: “Snowline is a distinctive new entity in the junior space, and I am thrilled to be a part of it. The company has a story to tell, and there is immense value to unlock in bringing that story to the majority of the mining investment audience that has not yet heard of Snowline nor its discoveries.”

“A good exploration company is built as much on the strength of its projects as it is on the strength of its people,” said Scott Berdahl, CEO and Director of Snowline. “We are excited to welcome Sergio Gamonal and Stephanie Hansen to the Snowline team. Sergio’s geological expertise is an excellent complement to Snowline’s strong technical team, and his experience working in the development arms of major gold mining companies brings a valuable perspective as we prioritize and advance a new gold district. Stephanie’s drive and experience will build value for the company as we communicate our progress and bring our story to the world. With these pieces in place, we are even more excited to kick off our rapidly approaching 2022 field season.”

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 LOCATES 5.1 KM LONG TREND OF ANOMALOUS GOLD-IN-SOILS GRADING TO 1.7 G/T AU AT GRACIE, ROGUE PROJECT, YUKON

April 7, 2022April 12, 2022

5.1 km zone of anomalous gold values found in soil and talus fine samples at Gracie
43 soil samples from a 1,600 x 800 m central area average 0.49 g/t Au, with 8 samples >1 g/t Au
Zone underlain and adjacent to probable unexposed intrusion only 4 km from Snowline’s 2021 “Valley” discovery
Intact carapace at top of intrusion presents high priority drill target for 2022.

Vancouver, B.C., April 7, 2022: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide an update on generative exploration results from its Rogue project in the Yukon Territory, Canada. Geochemical assay results received from late season 2021 contour soil and talus fine sampling reveal a large zone of anomalous gold values to 1.71 g/t Au on top of and around a probable, near-surface, gold-bearing intrusion at the Company’s Gracie target.

Figure 1 – Soil, talus fine and rock geochemical results from Snowline’s Rogue project on top of ZTEM electromagnetic survey results. Surface sampling performed late in the 2021 field season Figure 1 – Soil, talus fine and rock geochemical results from Snowline’s Rogue project on top of ZTEM electromagnetic survey results. Surface sampling p erformed late in the 2021 field season demonstrates the scale of gold anomalism associated with a probable buried intrusion, with values of up to 1.71 g/t Au from talus fines at Gracie. Dashed blue ovals indicate zones of anomalous rFigure 1 – Soil, talus fine and rock geochemical results from Snowline’s Rogue project on top of ZTEM electromagnetic survey results. Surface sampling p erformed late in the 2021 field season demonstrates the scale of gold anomalism associated with a probable buried intrusion, with values oFigure 1 – Soil, talus fine and rock geochemical results from Snowline’s Rogue project on top of ZTEM electromagnetic survey results. Surface sampling p erformed late in the 2021 field season demonstrates the scale of gold anomalism associated with a probable buried intrusion, with values of up to 1.71 g/t Au from talus fines at Gracie. Dashed blue ovals indicate zones of anomalous results. Samples from the central zone have an average of 0.49 g/t. North and south zones of anomalous gold values are along stratigraphic and structural trend with the unexposed intrusion. The Valley intrusion and suspected Gracie intrusion are expressed in in the ZTEM image as cooler colours representing relative electrical resistors, consistent with other known intrusions in the survey area.

“These results add to strong evidence that Gracie could host a large and fertile reduced-intrusion related gold system,” said Scott Berdahl, CEO and director of Snowline. “What excites us about this—beyond the potential to duplicate our Valley discovery—is that the intrusion at Gracie hasn’t been exposed by erosion. These gold systems can be most prospective at the very top of an intrusion, where initial cooling of the edges creates a brittle carapace that fractures to accommodate later gold bearing fluids. An intact carapace at Gracie thus makes for a compelling exploration target adjacent and complementary to the Company’s 2021 Valley and Ridge discoveries.”

Figure 2 – Simplified schematic cut-away of Valley and Gracie subsurface geology. The large Au-Bi-Te geochemical anomaly and accompanying ZTEM geophysical patterns indicate the presence of a Cretaceous aged felsic intrusion (pink) with a related gold mineralizing system in the brittle carapace at the top of the intrusion (red). Fracture arrays that preferentially develop in the carapace are receptive hosts for gold-bearing fluids that form sheeted quartz vein arrays (gold lines). An intact mineralized carapace thus makes for an attractive exploration target.

Anomalous gold in soil samples up to 1.71 g/t Au were returned from 5.1 kilometers along a north-south trending ridge. All 43 samples within a central area roughly 1,600 m long by 800 m wide area averaged 0.49 g/t Au, with 8 results >1 g/t Au (Figure 3). Gold values in this core area have elevated bismuth (up to 287 ppm) and tellurium (up to 7 ppm) – a geochemical signature that is the same as Snowline’s Valley zone and is similar to other reduced-intrusion related gold systems.

Limited historical surface work at Gracie yielded mineralized rock samples in outcrop and float, with values of up to 57.0 g/t Au (quartz sulphide vein float). Prospecting by Snowline personnel in 2021 returned float grab samples of up to 6.9 g/t Au. Regional airborne z-tipper axis aeromagnetic (ZTEM) data from 2008 over the Gracie target area are resistive and indicate a felsic intrusion with hornfels country rock exposed on the surface and surrounding the intrusion (Figure 1). These geophysical results are consistent with initial observations of the Gracie target area and will be further verified by the Company.

Figure 3 – Soil and rock assay results from the core of the Gracie zone. Soil samples from within a 1,600 by 800 m area above the site of a suspected buried intrusion returned highly anomalous gold, bismuth and tellurium values, indicating an affinity to an intrusive source. The precise location and the depth to the top of the suspected causative intrusion have yet to be established.

Given the steep, rocky terrain and poor soil development (Figure 4), many soil samples from the Gracie area are classified as talus fines. Talus fines samples are produced by mechanical weathering of rocks are less modified by chemical weathering than typical soils. Some elements in talus fine samples may have stronger geochemical responses than soils from over a bedrock geochemical anomaly. Talus fine samples are also more susceptible to a sampling bias wherein more easily weathered mineralized zones, such as sulphide-rich veins, can contribute a larger portion of the talus fine sediment load than the more durable and relatively barren country rock, resulting in a concentration of associated elements like gold.

Figure 4 – Photograph of a gossanous ridge in the Gracie Zone, produced by oxidation of high-temperature hydrothermal alteration. Such alteration is presumably caused by a fertile sibling intrusion to the Valley stock present beneath Gracie. “Soil” samples collected from such areas are denotes as talus fines, as there is generally little to no development of a typical soil profile.

EXPLORATION PLANS

The proximity of Gracie to Snowline’s Valley zone, some 4 kilometers to the west, makes for convenient and cost-effective exploration in light of the Company’s planned 3,000 m drill program at Valley in 2022. Expansion of the 2021 Valley zone aeromagnetic survey is planned for coverage of the Gracie zone and the broader claim block using a helicopter-borne geophysics system. Additional surface sampling and geological mapping at Gracie will provide further context for magnetic and geochemical results to assist potential drill targeting.

ABOUT ROGUE

Snowline’s 100%-owned Rogue property covers over 11,000 hectares in three main claim blocks. Each claim block covers one or more Cretaceous-aged intrusions of the Mayo plutonic suite – these are highly prospective for bulk-tonnage, reduced intrusion related gold systems (RIRGS). A first-pass 800 m drill program completed in September 2021 targeted bulk tonnage sheeted quartz vein arrays and resulted in the drill discovery of the Valley zone with intersections of up to 1.25 g/t Au over 168.7 m (Table 1). Late-season contour soil sampling near the Valley zone revealed a second anomalous region associated with sheeted vein arrays along the northeastern edge of the Valley stock known as the Ridge Zone (See Snowline’s March 10, 2022 Press Release).

*Table 1 – Previously announced drill intervals from the Valley zone on Snowline’s Rogue project. *Interval widths reported; at this point there is insufficient data to reliably estimate true widths.

Figure 5 – Gracie zone location map in relation to surrounding Snowline Gold Corp. projects. Two significant drill discoveries made in Snowline’s first two drill programs (Jupiter and Valley) highlight the fertility of the district and the prospectivity of the Company’s additional targets, including Gracie.

STOCK OPTIONS

The Company also announces that the Board of Directors has granted a total of 350,000 incentive stock options to various employees of the Company in connection with recent appointments. The options are exercisable for one share each at $0.80 per share for a period of five years from March 8, 2022 and are subject to the terms of the Company’s Stock Option Plan. Options are subject to vesting provisions of 20% every six months from the date of the grant.

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 EXPANDS VALLEY GOLD MINERALIZATION TO >2 KM WITH DISCOVERY OF RIDGE ZONE ON ITS ROGUE PROJECT, YUKON

March 10, 2022March 9, 2022

Snowline has discovered the “Ridge” zone, a 1.0 km stretch of anomalous gold in soils, talus fines and rock samples on the northeast shoulder of the Valley intrusion
Gold-bearing sheeted quartz veins within this new zone similar are to those hosting Snowline’s 2021 Valley drill discoveries
Ridge zone significantly increases bulk-tonnage scale potential and further demonstrates fertility of the Valley intrusion.
Vancouver, B.C., March 10, 2022: SNOWLINE GOLD CORP. (CSE: SGD | US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce additional surface sampling results from its “Ridge” zone, immediately adjacent to its Valley discoveries on its Rogue gold project in the Yukon Territory, Canada. Contour soil and talus fine samples as well as rock grab samples reveal a 1.0 km zone of anomalous gold concentrations on the northeast edge of the Valley intrusion associated with sheeted quartz veins arrays. A continuous stretch of 18 contour soil and talus fine samples spanning 750 m within the zone averaged 0.21 ppm Au, with values up to 0.758 ppm Au. The zone is open in all directions.

“These reconnaissance sampling results significantly expand the scale of the mineralized system at Valley,” said Scott Berdahl, CEO and director of Snowline Gold. “The tenor of our September 2021 drill discoveries, with drilled intersections of up to 1.25 g/t Au over 168.7 m from surface, provide context for the inherent potential of this sibling zone, located on an adjacent shoulder of the Valley intrusion and exhibiting a similar style of mineralization. Overall, the broader Valley area is looking more and more like the type of large, robust gold system that we founded Snowline Gold Corp to find. With a drill parked on site, permits in place and a strong treasury, we are looking forward to an exciting and discovery-filled exploration season in 2022.”

In addition to locating additional sheeted vein arrays, prospecting by Snowline’s field team confirmed historical discoveries of arsenopyrite vein material sourced from the Ridge zone, just outside of the Valley intrusion. Historical grab sample assays of this material run as high as 152 g/t Au, and check assays by Snowline and an independent qualified person hired by the Company returned up to 58.4 g/t Au. While this occurrence was known to the Company, the extent of high gold values in soils, talus fines and rock samples and the extent of sheeted veining demonstrate the presence of a significant new zone for targeted future exploration.

Higher on the ridge and farther east of the intrusion, prospecting by Snowline personnel encountered mineralized dikes, additional gold bearing sulphide veins and skarn-like alteration, demonstrating the extent and fertility of the Valley reduced-intrusion related gold system (RIRGS). These observations suggest that the intrusion itself may laterally beneath sedimentary units to the east, in the direction of Snowline’s adjacent “Gracie” RIRGS prospect.

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 Valley and Jupiter 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 high 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.

QA/QC AND QUALIFIED PERSON

Soil, talus fine and rock samples were collected by Snowline staff and contractors. Soils and talus fines were air dried in camp. Rock samples were photographed during sampling. 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. Rock 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). Any rock sample returning >50 ppb Au was 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). 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).

Soil and talus fine samples were further dried on receipt at the laboratory at temperatures <60°C and sieved to <180 micron (80 mesh). An aqua regia digest with a combined ICP-MS and ICP-AES finish was used for 51-element analysis on 50 g samples (ALS code: AuME-ST44).

While talus fine and soil samples are collected and processed in the same fashion, they are slightly different sample mediums, as talus fines represent a more primary material as derived from bedrock.

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

SNOWLINE GOLD CELEBRATES FIRST ANNIVERSARY – A LETTER FROM THE BOARD

March 3, 2022March 3, 2022

Dear Shareholders,

Snowline Gold Corp. (CSE: SGD | US OTC: SNWGF) has had an amazing first year. As we celebrate our first anniversary, we want to reflect on the achievements of the past 12 months and to share our plans as we prepare for what promises to be a transformative year ahead in 2022.

Snowline began trading as SGD on the Canadian Securities Exchange on March 1, 2021. Our core assets were seven carefully selected greenfield gold projects in Canada’s Yukon Territory. After listing, we immediately set to launch a safe, efficient, and effective field campaign during a pandemic, relying largely on local expertise and relationships with First Nations owned and partnered companies.

Remarkably, our first two drill programs – both on never-before drill tested targets – resulted in two new and significant gold discoveries: Jupiter and Valley. These discoveries serve as strong proof-of-concept towards our thesis of a new North American gold district within our project portfolio. Snowline’s momentum continues to build as we turn our data and exploration ideas into district-scale discovery.

Highlights of our first year include:

Recruitment of a strong, exploration-focused board and management team
Discovery of the Jupiter epizonal orogenic gold system at Einarson, with drilled intercepts to 13.2 g/t Au over 6.5 m – often with multiple mineralized intercepts per hole – intersected across a 1.1 km strike length so far within a 3-km-long gold-in-soil anomaly
Discovery of the Valley reduced intrusion related gold system (RIRGS) at Rogue, a bulk tonnage target with drilled intercepts to 1.25 g/t Au over 168.7 m on the edge of a newly discovered, kilometer-scale Fort Knox-style intrusion
Advancement of additional primary targets towards drill readiness, including orogenic gold targets Avalanche Creek and Mars at Einarson and the RIRGS gold target Gracie at Rogue
A safe and effective 2021 field season, with our planned 3,000 m drill program expanded to 5,100 m on positive results, 2,800 soil samples and 400 rock samples collected, 439 km VTEM flown at Ursa, and a 411 km aerial drone mag survey completed at Valley, all completed without serious injury nor illness amidst the COVID-19 pandemic
A 47% increase in our land position to 104,000 ha through data driven staking and strategic property acquisition
$15.8 M CAD raised on the back of our grassroots project portfolio, including strategic investments from Crescat Capital, Keith Neumeyer, Eric Sprott and Palisades Goldcorp
$2.1 M spent with companies owned or beneficially partnered with the First Nation of Na-Cho Nyak Dun, upon whose Traditional Territories our flagship projects are located
Creation of new assets and shareholder value through discovery, with an increase in Snowline’s market capitalization of roughly 310% one year out from IPO.

Figure 1 – Jupiter “Before”: At the beginning of 2021 field season, Einarson’s Jupiter zone was a recently identified, 3 km long float train of quartz boulders assaying up to 25.2 g/t Au, accompanied by a 3 km long zone of elevated to anomalous gold in soils.

**Figure 2 – Jupiter “After”:** The first ever drill testing of Jupiter yielded highly encouraging results, including these intersections (drilled widths) from diamond drill holes J-21-010 through J-21-013. Hole J-21-020, collared 1.1 km to the north, encountered visible gold and returned 8.3g/t Au across 4.7m, including 22.1 g/t Au over 1.1 m(drilled widths). That Jupiter is a “blind” target (very few outcrops, none mineralized) makes these results even more compelling, as they are random tests of a broader system rather than targeted shots within a known geological framework.

Figure 3 – Valley “Before”: Chip sampling conducted in 2012 by a previous operator returned 4.2 g/t Au over 4.7 m in Rogue’s Valley zone, with prospectors also noting the presence of sheeted quartz vein arrays. Despite these encouraging historical results, this and other gold targets at Rogue were returned to Snowline’s private precursor along with extensive regional data.

Figure 4 – Valley “After”: Snowline drilled the first ever holes into Valley, with four of four intersecting visible gold and broad zones of anomalous mineralization. Surface work delineated an associated, 900 m gold-in-soil anomaly as well as additional sheeted vein arrays associated with the intrusion.

LOOKING AHEAD

While 2021 was a big year for us, we are just getting started. Snowline is well positioned with over $8.5 M in the treasury to build on our discoveries and take major steps forward in 2022. We are already well underway with preparations for the upcoming field season. Key pieces in place include a drill on site at our Valley target, a second drill under contract, and a permit secured for a new, centralized exploration camp that will allow for more cost-effective exploration.

In the coming year, Snowline aims to:

Build on our commitment towards environmentally and socially responsible exploration, with economic engagement of and open lines of communication and consultation with First Nations and Yukon communities
Further consolidate our land position in our flagship district comprising the Rogue, Einarson, Ursa and Cynthia projects
Drill at least 3,000 m at Jupiter and another 3,000 m+ with a second drill at Valley, with the dual objectives of understanding potential scales of the systems and controls on mineralization
Drill at least 2,000 m in total on two or more on untested primary targets.
Advance additional primary targets to a drill-ready stage while showcasing the depth of our exploration portfolio
Continue with regional surface work to identify and advance additional prospective areas and anomalies both on the ground and within in Snowline’s extensive regional database.

And as always, we will be considering other strategic approaches towards increasing shareholder value, risk reduction and maximizing growth opportunities.

Thank you for your support. We look forward to sharing with you the excitement of discovery and we continue to grow.

ON BEHALF OF THE BOARD,

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

Craig Hart, PhD, FSEG, FGAC
Chair & Director

For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

Figure 5 – Snowline Gold Corp.’s district scale land position in the eastern Selwyn Basin, with the locations of 2021 drill programs shown as gold stars. Despite what the Company believes to a highly prospective geological setting to host large gold deposits, the area has seen little historical exploration.

QUALIFIED PERSON

Information in this letter 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.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This letter 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.

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.

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 1.27 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