Category: Uncategorized

• Rushed assays for J-21-011 returned two distinct high grade gold intervals within broader anomalous gold haloes, including:
  • 13.2 g/t Au over 6.5 m, including 1.3 m of 43.5 g/t Au and within 15.0 m of 5.97 g/t Au 
  • 10.4 g/t Au over 5.0 m, within 12.5 m of 5.35 g/t Au

True widths are not yet known but are estimated to be 50-90% of above lengths

• Averaging all values (including barren zones) from base of mineralization to surface in J-21-011 yields 1.14 g/t across 163.5 metres
• Expanded Phase I drilling at Jupiter nearing completion, with assays pending for an additional 10 holes and similar zones of mineralization observed.

Vancouver, B.C., August 24, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce additional results from its ongoing Phase I drilling of the Jupiter Zone on its district-scale Einarson project in the Yukon Territory, Canada. Two distinct intervals of high-grade gold (>10 g/t Au, with assays up to 63.9 g/t Au) in hole J-21-011 indicate the discovery of a robust in-situ gold system. Key results from hole J-21-011 are summarized in Table 1 below.

“Assay results from hole 11 confirm the discovery of a sizeable gold system at Jupiter,” said Scott Berdahl, CEO and Director of Snowline. “Initially we patted ourselves on the backs for hitting mineralization consistently with our first holes on a blind target. But now, with evidence of the system in 19 for 19 holes over 930 m lateral extent—including mineralization in holes off-trend and a hole drilled directly away from our “target”—we may have simply discovered a gold system that is tough to miss. What excites us even more is that Jupiter is the first of many targets left to test on our Einarson, Rogue and Ursa projects. It’s a successful proof-of-concept in what we believe to be a previously unrecognized and unexplored gold district.”

Hole J-21-011 represents a 710-metre step-out along trend from earlier holes at Jupiter (see Figure 1 and Snowline Gold’s July 27, 2021 news release). It was drilled on a pad along with J-21-010, 012 and 013, for which assays are still pending. Mineralization occurs in and around quartz-carbonate veins, breccias and possibly quartz-flooded fold hinges in deformed siltstones of the Selwyn Basin’s Narchilla formation (Figures 2 and 3). Gold values are associated with fine-grained sooty-looking to acicular arsenopyrite occurring as patches, disseminations and stylolites in quartz, with metres-scale zones of disseminated arsenopyrite and up to tens of metres of disseminated pyrite in clay-altered wall rock.

Drilling to date has tested parts of a 930 m area that is open in length, breadth and depth within a 3 km area of elevated to anomalous gold in soils. Assay results are still pending for holes J-21-005, 8, 10, 12, 13, 14, 15, 16 and 17, and select highlight photos are herein shown as Figures 5-7. Additional results from holes J-21-002 and J-21-009 have been received and are reported in Table 2. The final Phase I holes at Jupiter will test anomalous soil geochemistry and quartz float to the north of other targets, 460 m from any previous hole and roughly 1.1 km from J-21-011. Optical, acoustic and induced polarization downhole surveys are planned this season prior to closing holes to better constrain structural and lithological controls on mineralization.

Jupiter is thought to represent an epizonal orogenic gold system. It 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. No resources nor reserves have been calculated on any Einarson property targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere on the project.

FORTHCOMING RESULTS

The following Figures 5, 6 and 7 are visual highlights from ongoing Phase I drilling at Jupiter. While assays for these zones are pending and thus gold values are not yet known, the Company is encouraged by large zones of arsenopyrite-bearing quartz and mineralized wall rock that are qualitatively similar to mineralized zones in J-21-011.

QA/QC

Grades reported herein are uncut except where specified. Split samples of NQ2 diamond drill core were sealed with tamper-proof labels and delivered by Snowline staff or expeditor to ALS Geochemistry in Whitehorse, Yukon. Fifty-gram pulps were processed using aqua regia digestion, with 30 g pulps submitted for fire assay on any sample assaying above 50 parts per billion gold. Both streams were analysed using ICP-MS. Overlimit samples for gold (>10 g/t Au) were processed by fire assay with gravimetric finish. Blanks, quarter-core duplicates and certified reference standards are submitted every 20 samples to monitor assay reliability.

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.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly gold prospective yet underexplored Selwyn Basin. Snowline’s project portfolio is within the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, such as 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.

Vancouver, B.C., August 20, 2021: The SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) Board of Directors is pleased to announce the appointment of Scott Berdahl as the Company’s new Chief Executive Officer. Mr. Berdahl will be promoted from his previous role as Chief Operating Officer, emphasizing a shift to a strong technical focus for Snowline. The promotion is effective immediately and Mr. Berdahl will retain his position as Director.

Mr. Berdahl is a professional geologist with over 15 years of industry experience. He has business development experience with a number of private and listed companies that focused on gold and base metals. Born and raised in the Yukon, he earned a BSc in Geology and an MS in Science Writing from the Massachusetts Institute of Technology, an MSc in Earth Science & Engineering from KAUST in Saudi Arabia, and an MBA from INSEAD in France and Singapore. His skill sets provide the company with considerable technical expertise for the management of the mineral exploration discovery process.

This appointment follows notice from Nikolas Matysek who will be leaving as CEO and a Director of the company to pursue personal and other business interests. Mr. Matysek is thanked for his significant efforts to establish the company it in its current form, and for his sound management and organization. 

“The Board greatly appreciates Nikolas’ contributions to the company, particularly through its early development to become an ambitious mineral explorer, and for laying solid administrative and financial foundations.” remarked Chairman Craig Hart.  

The Board is considering the provision of additional support to the management team.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly gold prospective yet underexplored Selwyn Basin. Snowline’s project portfolio is within the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, such as Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold’s Eagle Mine. Snowline’s first-mover land position provides a unique investor opportunity to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Craig J.R. Hart
Chairman & 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.

• Our initial drill program has intersected mineralization in 15 of 15 holes drilled across 930 metres within a 3 kilometre soil anomaly
• Partial assay results received for 5 holes, include: 
  • J-21-006: 3.96 g/t gold over 7.05 metre interval from 41.2 metres downhole
  • J-21-007: 4.10 g/t gold over 4.00 metre interval from 9.00 metres downhole 
• Subsequent holes J-21-008, 009, 010 and 011 have intercepted broader zones of arsenopyrite mineralization and quartz veining, with additional assays pending

Vancouver, B.C., July 27, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce it has intersected 7.05 metres at 3.96 g/t Au, including 0.7 metres at 10.65 g/t Au, and 4.00 metres at 4.10 g/t Au, including 0.5 metres at 17.95 g/t Au in initial drill program at the Jupiter Zone on its Einarson project in the Yukon Territory, Canada. Assays from hole J-21-006 & 007 confirm the presence of near-surface gold mineralization along a covered, regional scale structure. The Company has intersected mineralization associated with this structure in all 15 holes drilled to date. Step-out drill holes up to 930 metres along the trend continue to hit mineralization, with even wider mineralized intervals than those reported here for J-21-006 & 007 (Figure 1). Assay results are pending.

“This blind discovery at the Jupiter Zone in our first-ever drill campaign is a remarkable achievement for the Snowline geology team”, said Nikolas Matysek, Director and CEO. “We have consistently intersected mineralization in all 15 holes drilled to date and these initial assay results are a strong indication of the high-grade gold potential at Jupiter. The programme will now focus on extending the yet unknown limits of this structure with immediate follow up drilling.”

In hole J-21-006, a significant mineralized zone was intercepted between 41.2 – 48.3 metres within a 15-metre highly deformed and fractured fault zone (Figure 2). This zone is characterized by disseminated to locally massive arsenopyrite & pyrite within siltstone overlying a mineralized faulted vein. Holes J-21-005 and J-21-008 were drilled from the same pad, with assay results pending (Table 1).

A 710 metre along-strike step-out to the south for holes J-21-010, 011, 012 and 013 brings the total tested strike length to 930 metres and demonstrates the potential scale of the mineralized system at Jupiter (Figures 1, 3 & 4). Holes J-21-010 and J-21-011 encountered localized zones of disseminated and vein-hosted arsenopyrite mineralization along 121.2 metres and 133.9 metres of core length, respectively. Hole J-21-013 was drilled from the same pad but oriented away from the main target area at 090 azimuth degrees, and nonetheless also encountered zones of arsenopyrite mineralization thought to be associated with gold. True widths and the relationships of these broader intervals to any potential mineralized body or bodies is not yet known, nor is the continuity of the mineral system between northern holes and the southern drilling step-out. The Company believes these results to be highly encouraging evidence of a large, robust mineralizing system, but it cautions that their true significance awaits assay results.

The Jupiter property is thought to host a shallow epizonal orogenic gold system. It is one of eight target zones prospective for orogenic and/or Carlin-style gold mineralization currently recognized on Snowline Gold’s 70%-owned Einarson project.

Qualified Person 

Information in this release has been reviewed and approved by Scott Berdahl, P. Geo., Chief Operating Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101. The Einarson property is an early-stage exploration prospects that do not presently contain any mineral resources as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD 

Nikolas Matysek, B.Sc. (Geol) 
CEO & Director 

For further information, please contact: 

Snowline Gold Corp. 
+1-778-228-3020 
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. 

Vancouver, B.C., July 19, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has closed its previously announced non-brokered private placement of 2,857,142 Units (the “Units”) at a price of C$0.35 per Unit for aggregate gross proceeds of C$999,999.70 (the “Offering”). Each Unit consists of one common share of Snowline and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant is exercisable for one common share of the Company at an exercise price of C$0.53 until July 16, 2023.

In connection with the Offering, Crescat Capital LLC (“Crescat”) has been granted a pre-emptive right to maintain its pro-rata interest pursuant to the terms of an investment agreement with the Company for as long as Crescat owns more than 2% of the common shares of Snowline (calculated on a partially diluted basis).

The net proceeds of the Offering will be used to advance the Company’s Ursa gold and base metals project. All securities issued in connection with the Offering are subject to a four-month and one day hold period, expiring on November 17, 2021.

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 may not 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.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.

+1-778-228-3020
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.

Vancouver, B.C., July 15, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce Crescat Capital LLC (“Crescat”) as a strategic investor in the Company as part of a C$1,000,000 non-brokered private placement of units (“Units”) issued by Snowline. The proceeds of the offering will be used to advance the Ursa gold and base metals project, and fund a future 1,500 metre diamond drill programme.

“We are pleased to welcome Crescat as a strategic shareholder,” said Nikolas Matysek, Chief Executive Officer and Director of Snowline. “Crescat’s investment is a compelling endorsement of our Ursa gold and base metals project in the Selwyn Basin, Yukon. The 14-kilometre base metals and parallel 9-kilometre gold trends are attractive targets that we are excited to begin exploring. This programme will add another dimension to Snowline as we continue to advance our neighbouring Einarson and Rogue projects.”

“Snowline has one of the highest quality portfolios of early-stage projects of any junior company I know,” commented Quinton Hennigh, technical advisor to Snowline. “One recent addition is the very exciting Ursa project, a very large, profound geochemical anomaly encompassing strongly elevated gold, zinc, silver, and other metals. Underlying rocks are dominantly sedimentary, so the prospect of finding a very large stratiform or stratabound base metal system is certainly possible. But, there is also clear evidence of Tintina style gold mineralization in the immediate area, so potential for such a gold system is also possible. Part of the proceeds of this placement will be dedicated to doing basic geophysics and other ground-based work to develop drill targets and undertake drilling at Ursa. We are very excited to start work on this program this season.”

Kevin Smith, Crescat’s founder and Chief Investment Officer stated, “we are thrilled to help fund the Ursa exploration program and believe Snowline has perhaps the most exciting collection of gold and multi-metallic drill targets in the Yukon today. Nikolas Matysek and Scott Berdahl are a highly capable new generation management team with a strong family history in the mining industry. We expect very successful careers ahead for them.” 

The Offering

The Company is conducting a non-brokered private placement of 2,857,142 Units at a price of C$0.35 per Unit for aggregate gross proceeds of  C$999,999.70 (the “Offering”). Each Unit is comprised of one common share of Snowline and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will be exercisable for one common share at an exercise price of C$0.53 and will expire two years from the closing date of the Offering. Upon completion of the Offering, Crescat will own approximately 6.7% of the issued and outstanding common shares of the Company on a basic basis and approximately 9.8% of the issued and outstanding common shares of the Company on a partially diluted basis.

On closing of the Offering, Crescat will be granted a pre-emptive right to maintain its pro-rata interest pursuant to the terms of an investment agreement with the Company for as long as Crescat owns 2% or more of the common shares of Snowline (calculated on a partially diluted basis).

The net proceeds of the Offering will be used to advance the Company’s Ursa gold and base metals project. Closing is subject to a number of conditions including, but not limited to approval of the Offering by the Canadian Securities Exchange. All securities issuable under the Offering will be subject to a four-month and one day hold period from the date of closing of the Offering.

Ursa Project

The proceeds of the Offering will be used to undertake an electromagnetic survey that will target potential sulfide mineralization at Ursa. Further mapping, sampling, prospecting, and trenching will also build upon historical work. The Ursa work programme is planned to culminate in a first-pass 1,500 metre diamond drill programme to test the silver and base metal potential of the project. 

The west side of the Ursa property covers a 14-kilometre trend of elevated to highly anomalous zinc, silver, copper, molybdenum, nickel, and vanadium thought to be associated with Devonian age enriched black shales. Of 45 historic stream sediment samples draining the length of the trend, 44 returned concentrations exceeding 0.1% Zn, with 8 of these samples exceeding 1% Zn to a maximum of 3.4% Zn. Historic, first-pass contour soil sampling along a subsection of the trend revealed a zone 500 m to 1,500 m wide wherein soils consistently exceed 5 g/t Ag. A 2.7 kilometre-long, 43-sample contour soil line within this subsection had a median concentration of 14.8 g/t (0.43 oz/ton) silver.

The east side of the Ursa property covers a 9-kilometre trend of elevated gold in stream sediments and soils in a sequence of heavily folded carbonaceous black shales and cherts. Gold was discovered in black shale hosted pyrite nodules by a previous operator searching for Carlin-style targets. The carbonaceous, passive margin shales in both areas have been compressed into a tight anticlinorium and later intruded in their vicinities by felsic plutons. At Ursa, these plutons are members of the Tombstone plutonic suite that drive the intrusion-related gold targets at Rogue. There has been very little, if any, previous exploration for this deposit type in the Selwyn Basin. 

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Scott Berdahl, P. Geo., Chief Operating Officer of Snowline and a Qualified Person for the purpose of NI 43-101. 

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements about the timing for closing of the Offering, the receipt of regulatory approvals, the intended use of proceeds from the Offering, future plans for exploration, the prospect of finding a very large stratiform or stratabound base metal system or a Tintina style gold mineralization, Crescat’s anticipated shareholdings on completion of the Offering, and the expectation that Crescat will be granted a pre-emptive right to maintain its pro-rata interest following closing of the Offering. 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.

• All 9 holes drilled on Einarson’s Jupiter Zone to date have intersected a near-surface pyrite and arsenopyrite-bearing structural zone over 230 m of strike length
• Mineralized interval widths range from 0.2 metres to 21.7 metres in drill core, true thicknesses currently unknown
• 1,560 metres of core have been drilled with assay results on select intervals pending

Vancouver, B.C., July 14, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that Phase I drilling at the Jupiter zone is nearing completion, having achieved its initial objective of discovering a mineralized structural zone thought to be partially responsible for gold-bearing quartz float boulders that grade up to 25.2 g/t Au previously found on the surface. Approximately 1,560 metres of drill core has been recovered from the Callisto target, with all 9 holes drilled to date intersecting a mineralized structure down to depths of 100 metres, and along a 230-metre-long structural trend. This trend, which follows a regional-scale feature, is open for further drill targeting in all directions. Full assay results from these mineralized intervals are expected by early to mid-August. 

“The preliminary drilling results from Jupiter are encouraging” said Nikolas Matysek, CEO, and director of Snowline. “Discovering mineralized intervals in multiple holes across hundreds of metres is a sign of the significant potential at Jupiter. We are pleased that Snowline’s first drill programme has identified a potential source for the mineralized float found at surface and look forward to complete assay results.”

The ongoing Phase I diamond drill program initiated at the Jupiter zone tested a 3-kilometre long by up to 500-metre-wide area of anomalous gold-in-soil values accompanied by a prominent gold-bearing quartz boulder float train. All nine drill holes to have intersected a shallow north-easterly-dipping structural zone. (Figure 1). This zone comprises localized fault gauge and quartz, deformation and brecciation of sedimentary strata, and clay alteration of surrounding sedimentary units. The thickness of the mineralized zone in drill core, defined by the extent of arsenopyrite, ranges from 0.2 metres (Hole J-21-001; 50 m downhole) to 21.65 metres (Hole J-21-009; 18.5 m to 40.15 m downhole). True widths are currently unknown, though near 90-degree intersection angles with drill core suggest that true widths represent a substantial portion (75-100%) of widths intersected in drill core.

Mineralization consists of acicular arsenopyrite needles to much finer-grained arsenopyrite with a “sooty” appearance, along with pyrite (Figure 2). These sulphides occur as veins, patches and disseminations in quartz and in deformed sediments. Rare stibnite and trace realgar also occur in drill core. The zone generally occurs within a broader halo of clay alteration and disseminated pyrite. Structures and mineralized textures in core suggest that multiple fluid phases have affected mineralization.

While encouraged by phase I drill results, which indicate the in-situ presence of an extensive epizonal orogenic gold system, the Company awaits assay results to better assess their significance.

Phase I drilling at Jupiter has been complemented by comprehensive surface work, including high-resolution drone surveying, local and regional geological mapping, infill soil sampling and trenching that will help to guide a second phase of drilling, if warranted by phase I results.  Drilling has now moved to the Io target, some 650 metres southeast along strike of the same structural trend.

Rogue Project Advances

Soil sampling, structural mapping, prospecting and high-resolution drone surveying continue at the Rogue Project’s Valley Zone in preparation for Phase I drilling. Historical work during the 2010s at Valley discovered the presence of a reduced-intrusion related gold system, characterized by gold-bearing sheeted quartz veining within and around a newly discovered intrusion, and grab samples of sulphide vein material assaying from 0.5 g/t Au to 152 g/t Au within surrounding altered sediments.

Qualified Person

Information in this release has been reviewed and approved by Scott Berdahl, P. Geo., Chief Operating Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101. The Einarson and Rogue properties are both early-stage exploration prospects that do not presently contain any mineral resources as defined by National Instrument 43-101. 

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
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.

Vancouver, B.C., July 12, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce the appointment of Mr. Matthew Roma as Chief Financial Officer (“CFO”) and Corporate Secretary of the Company. Mr. Roma is a Chartered Professional Accountant (CPA) with over 10 years of financial management experience working predominantly with junior mining companies. Mr. Roma articled at Deloitte LLP where he specialized in assurance and advisory services for publicly listed mining companies based both in Canada and the United States. 

“We are pleased to welcome Mr. Roma to the Snowline management team”, commented Snowline CEO, Nikolas Matysek. “Matt’s expertise and experience will be a welcome addition as we continue to grow as a company.”

Mr. Roma’s appointment coincides with Ms. Natasha Tsai stepping down as CFO and Corporate Secretary to pursue other business opportunities. The Board of Directors of Snowline express their gratitude for the significant contributions Ms. Tsai has made to the Company and wish her well in her future endeavours.

The Company has also granted 700,000 incentive stock options to certain directors, officers, and consultants of Snowline. Each of the stock options will be exercisable into one Common Share at a price of C$0.35 until July 12, 2026.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling expected to commence in June 2021. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
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.

Vancouver, B.C., June 21, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTCQB: SNWGF) (the “Company” or “Snowline”) is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market (the “OTCQB”), operated by the OTC Markets Group, New York. The Company commenced trading on the OTCQB at today’s opening under the symbol “SNWGF”. The Company’s common shares will also continue to trade on the Canadian Securities Exchange under the symbol “SGD”.

The OTCQB is the premier venture marketplace for entrepreneurial and developing US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, Companies must meet high financial standards, including be current in their financing reporting, follow best practice corporate governance, have a professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling expected to commence in June 2021. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
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.

• Drilling to commence at Jupiter zone, a 3-km-long regional-scale structure 
• Targeting source of kilometre-long boulder train grading to 25.2 g/t Au 
• 3,000 metres-plus diamond drilling across Eianarson and Rogue projects in 2021 

Vancouver, B.C., June 16, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has commenced drill mobilization to the Company’s 61,000 hectare Einarson gold project in the Yukon Territory, Canada. Initial drilling will test the newly defined Jupiter zone (formerly “Mars NE”), a 3-kilometre long by up to 500-metre-wide area of anomalous gold-in-soil values accompanied by a prominent float train of mineralized quartz boulders. These boulders commonly assay between 1 and 7 g/t Au, to a maximum of 25.2 g/t Au. 

“We are very excited to begin drilling at Jupiter,” said Scott Berdahl, COO and Director of Snowline. “Our first-ever drill programme will build on several campaigns of mineral discovery and target-defining exploration. The broad areal extent, high grade surface samples, and geological similarities to large epizonal gold deposits make Jupiter a very prospective target.” 

The geological setting and style of mineralization at Jupiter suggest the presence of a shallow orogenic gold system, with possible similarities to Newfound Gold’s Queensway project or Kirkland Lake’s Fosterville Mine. Geochemical similarities between mineralization at Jupiter and nearby Carlin-style gold deposits suggest mineralization may be genetically related. 

2021 Drill Campaign 

Early-season technical work by Snowline Gold’s team suggests that the gold occurrences at Jupiter are associated with an extensive regional structure. Mineralization has been identified over more than a kilometer, with a mineralized float train stretching 3 km (see Figure 1). A 1,500 metre Phase I diamond drilling program is designed to intersect the mineralization with a series of shallow, 200-300 metre deep holes. 

Phase II drilling will build upon the surface exploration and drill results from Jupiter. An additional 1,500 metres is budgeted to test other targets across the Einarson property and on Snowline’s nearby Rogue property.

Surface Exploration Strategy

Prospecting at Einarson in late 2020 discovered a mineralized float train similar to Jupiter along a major structural corridor ~12 kilometres to the south, with grab samples up to 34.2 g/t Au. This new zone, Avalanche Creek, demonstrates the regional scope of the occurrence of this style of mineralization. Extensive prospecting is planned along favourable structures at Einarson. A concurrent program of trenching, mapping, drone surveying and geochemical sampling is underway at Jupiter to provide additional context for Phase I drill results and to aid in targeting the Phase II drilling.

At Rogue, prospecting in the Valley zone this season has already encountered abundant sulphide veining across a 250-metre traverse, about 600 metres from where similar gold-bearing sulphide veins with historic grab sample assays of up to 152.0 g/t Au occur with visible gold. Assays for these new samples are pending. Extensive mapping, geochemical sampling, prospecting and a drone-based aerial magnetic survey will be conducted at Rogue to solidify targets for a first-ever diamond drill program in the Valley and/or Gracie zones.

Qualified Person

Information in this release has been reviewed and approved by Scott Berdahl, P. Geo., Chief Operating Officer of Snowline and a Qualified Person for the purposes of National Instrument 43-101. The Einarson property is an early-stage exploration property that does not presently contain any mineral resources as defined by National Instrument 43-101. 

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling expected to commence in June 2021. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
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.

• 3,000 metre drill program at Einarson and Rogue to test high-grade gold targets, up to 152 g/t Au from historical surface sampling
• Complementary district exploration to advance regional targets
• COVID-19 isolation plan in place and approved by the Yukon Government
• Exploration set to commence first week of June 2021

Vancouver, B.C., May 25, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased announce that its fully funded 2021 exploration program is set to commence the first week of June. Exploration will focus on its flagship Einarson and Rogue projects in the Selwyn Basin, Yukon Territory, with targeted programs at its regional assets. Discovery-stage drilling at Einarson and Rogue is designed to follow up multiple zones of high-grade gold found on surface (up to 34 g/t Au at Einarson & up to 152 g/t Au at Rogue). Geological programmes will also include the assessment of structural and lithological controls on mineralization in the region. Snowline is targeting an initial programme of 3,000 metres of drilling across Einarson and Rogue.

Snowline’s COVID-19 operational plan has been approved by the Yukon Government and will safeguard Snowline’s employees, its service providers, and the Yukon communities in which it operates. The company has also been awarded a $40,000 grant from the Yukon Government to support its initial exploration of the nearby Ursa project.

“We have a lot to look forward to this season,” said Nikolas Matysek, CEO and Director of Snowline Gold. “Our initial exploration campaign is set to test some very low hanging fruit, including some previously untested areas. We’re excited to put the initial drill holes in at Einarson’s “Mars NE” zone and Rogue’s “Valley” zone, both of which have significant potential.”

“Limited exploration to date in the broader Rogue, Einarson and Ursa area has focused largely on constrained targets and deposit models,” added Scott Berdahl, Snowline Gold’s COO. “At Snowline we’ve recognized the potential for a continuum of near-surface gold deposit types across these three adjacent Selwyn Basin projects. Possible end-member analogues include some of the world’s better-known districts and deposits, like Nevada’s Carlin trend and Australia’s Fosterville and Bendigo districts for Einarson, Alaska’s Fort Knox deposit for Rogue, and Russia’s Sukhoi Log deposit for Ursa.” 

Einarson

Einarson encompasses multiple kilometres-scale soil and stream sediment anomalies in carbonate and siliciclastic stratigraphy prospective for Carlin-type and epizonal orogenic gold deposits within a 61,000 hectare regional-scale property. The 2021 drill program will test the Mars NE zone, a 3-kilometre zone of anomalous gold in soils accompanied by at least three interpreted source areas for mineralized quartz float, which commonly assays in the range of 1 to 7 g/t Au, up to a maximum of 25 g/t Au. Early season geochemical, drone surveying, trenching and mapping work at Mars NE will allow for efficient use of the drill and increase the odds of a successful drill discovery.

Additional mapping and sampling will aim to identify the source area for another mineralized quartz float train in the Avalanche Creek zone, discovered in late 2020 roughly 12 kilometers south of Mars NE along strike of a regional fault structure. Twenty-two grab samples of the float train averaged 7.8 g/t Au and graded up to 34.2 g/t Au.

Regional prospecting will seek to identify other instances of this newly-identified style of shallow orogenic mineralization along this relatively unexplored trend, and along adjacent, parallel regional fault structures and anticlines that could host similar mineralization.

Rogue

At the 11,000 hectare Rogue project, grid and contour geochemical sampling is planned to infill data gaps at the Valley zone, prior to the commencement of drilling later in the summer where surface grab samples with visible gold have assayed up to 152 g/t Au and – distal to the visible gold and other known showings—a single soil line yielded a gold-in-soil value of 4.6 g/t Au. Drone supported, high-resolution orthophotography and digital elevation model generation will provide a baseline for mapping and geochemical sampling. A second drone survey will provide detailed magnetic information over the Valley zone, providing the 3D geometry of the intrusion and associated alteration below the surface. All of the above will be used for targeting of first-pass drilling in the Valley zone.

Contour soil sampling, prospecting and geological mapping will be performed across the greater Valley-Gracie trend, and on secondary claim blocks, to assess for additional targets. If conditions permit, a broader drone-supported aerial magnetic survey will extend from the Valley zone to include the Gracie zone and the remainder of a prominent 9-kilometer east-west trend of hornfels connecting the zones.

Ursa

The 7,755 hectare Ursa property covers two distinct geochemical trends: a 9 km-long trend of elevated to anomalous gold in stream sediment and soil samples, and a roughly parallel 14 km-long trend of elevated to highly anomalous zinc accompanied by elevated silver, copper, molybdenum, nickel and vanadium. Ursa’s proximity to Snowline’s flagship Rogue and Einarson projects allows for efficient exploration during the 2021 field season. Geochemical sampling, prospecting and mapping are planned to better understand the sources of the gold and base metal anomalies. Based on these results, geophysical surveying, surface trenching and initial drill testing may be conducted later in the season. The 2021 program at Ursa will be supported in part by a $40,000 exploration grant from the Yukon Government.

Tosh

The 3,700 hectare Tosh Project, located in the southwestern Yukon, bears many hallmarks of a significant orogenic gold camp. Host rocks are high-strain schists and intercalated marbles of the Yukon Tanana terrane. In 2021 at Tosh, Snowline plans to advance existing and regional targets with detailed stream sediment and soil surveys. Geophysical surveying and geological mapping further contribute to the establishment of definite drill targets.

Other Projects

Targeted geological programs at Snowline’s other assets including the Cliff, Rainbow and Cynthia projects, will serve to advance our understanding of mineralizing systems with the goal of advancing these projects to a drill-ready stage.

Qualified Person

Information in this release has been reviewed and approved by Scott Berdahl, P. Geo., Chief Operating Officer of Snowline and a Qualified Person for the purpose of NI 43-101. Mr. Berdahl has visited and sampled all target zones mentioned in this release, apart from the base metal target at Ursa, where he nonetheless planned and oversaw a large soils survey in 2013.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling expected to commence in June 2021. Snowline’s projects all lie in the prolific Tintina Gold Province that hosts multiple million-ounce-plus gold mines and deposits, from Kinross’ Fort Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a unique opportunity to explore and expand a new greenfield, district-scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1-778-228-3020
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.