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

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

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

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

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

ABOUT SNOWLINE GOLD CORP.

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

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

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

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

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

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

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

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

ABOUT SNOWLINE GOLD CORP.

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

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

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

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

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

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

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

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

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

DRILL HOLE DESCRIPTIONS 

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

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

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

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

True widths have not yet been determined for these intervals. 

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

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

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

FORTHCOMING RESULTS 

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

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

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

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

QA/QC AND QUALIFIED PERSON 

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

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

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). Any 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). Over-limit samples of >10 g/t Au were analyzed by fire assay with a gravimetric finish again on a 30 g sample (ALS code: Au-GRA21). Where more than one gold assay exists for a sample, assays reported herein prioritize these methods in reverse order. 

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

ABOUT SNOWLINE GOLD CORP. 

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

ON BEHALF OF THE BOARD 

Scott Berdahl, MSc, MBA, PGeo 
CEO & Director 

For further information, please contact: 

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 

This news release contains certain forward-looking statements, including statements about the Company reviewing its newly acquired project portfolio to maximize value, reviewing options for its non-core assets, including targeted exploration and joint venture arrangements, conducting follow-up prospecting and mapping this summer and plans for exploring and expanding a new greenfield, district-scale gold system. Wherever possible, words such as 

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

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

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

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

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

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

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

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

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

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

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

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



Figure 2–Plan map of the Jupiter zone with newly received assays in the context of the broader soil and rock geochemical anomaly.Holes are labelled with significant assay results received to date. Results for nine holes are still pending. Collar sites are shown as circles with drill traces shown as solid black lines. Snowline’s 2021 drill campaign is the first ever drill testing of the recently identified Jupiter zone on the district-scale Einarson gold project
Figure 3 –Visually unimpressive core from J-21-010 returned impressive grades. The 6 m interval shown from 179 m to 185 m downhole averaged 10.6 g/t Au in altered Narchilla formation siltstoneswith disseminated arsenopyrite. The final 1.5 m from 183.5 m to 185 m downhole, which has a larger quartz component and likely pierces a fold hinge, returned 31.1 g/t Au. True widths are not known but based on core angles are estimated at 70-90% of downhole intervals for this section.
Figure 4–Hole J-21-012 lacked the gold-associated mineral arsenopyrite but did not lack gold.The 6-metre interval from 50 to 56 m downhole averaged 13.9 g/t Au, including 1.5 metres of 45.0 g/t Au from 54.5 m hosted largely in altered siltstones. The lack of arsenopyrite is an encouraging sign from a metallurgical standpoint. True width of this interval is not known but is estimated at 70 to 90% or more of the downhole interval.
Figure 5–Gold bearing fold hinges in J-21-013. The 2.5 m interval from128.5 m to 131.0 m downhole averaged 13.8 g/t Au, near the base of a 10.6 m interval averaging 4.02 g/t Au. The true width and the overall geometry of this intercept is not known, but it is estimated to be between 50-70% of the downhole interval. This image was shown in a previous Snowline release (August 25, 2021) as evidence of promising mineralization observed visually in forthcoming holes. The company eagerly awaits results from additional promising holes that have assays pending.

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

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

Jupiter likely represents an epizonal orogenic gold system. It is one of ten target zones prospective for orogenic and/or Carlin-style gold mineralization currently recognized on Snowline Gold’s 70%-owned, district-scale Einarson project. Adjacent projects Rogue and Ursa are prospective for intrusion-related gold, and sediment-hosted gold and base metal deposits. No resources nor reserves have been estimated for any of these targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere. Readers are cautioned that without assay results, the true significance of the intersections reported herein is uncertain. 

FORTHCOMING RESULTS 

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

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

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

QA/QC AND QUALIFIED PERSON 

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

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). Any 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). Over-limit samples of >10 g/t Au were analyzed by fire assay with a gravimetric finish again on a 30 g sample (ALS code: Au-GRA21). Where more than one gold assay exists for a sample, assays reported herein prioritize these methods in reverse order. 

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

ABOUT SNOWLINE GOLD CORP. 

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

ON BEHALF OF THE BOARD 

Scott Berdahl, MSc, MBA, PGeo 
CEO & Director 

For further information, please contact: 

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 

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

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company’s plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news 

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

SNOWLINE GOLD ENCOUNTERS VISIBLE GOLD IN JUPITER DRILL CORE, COMPLETES 439 KILOMETRE ELECTROMAGNETIC SURVEY AT URSA

  • Cutting for drill core sampling revealed two instances of visible gold in drill core, the first visible gold found on Snowline’s Einarson project
  • Additional visible gold encountered in third and fourth holes at Valley, Rogue project
  • Extensive electromagnetic survey completed across Ursa project to examine base metal and gold fertility

Vancouver, B.C., September 16, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide an update on its exploration activities on its Einarson, Rogue and Ursa projects in the Yukon Territory, Canada. Core cutting for drill core sampling in Hole J-21-020 revealed two instances of visible gold, the first visible gold observed in the Jupiter zone. It is Snowline’s second discovery of visible gold in drill core on a previously untested target in two weeks. At Rogue, additional visible gold has been observed in drill holes V-21-003 and 004, complementing previously observed trace visible gold mineralization in V-21-001 and 002. At Ursa, an extensive aerial versatile time domain electromagnetic (VTEM) survey has been completed across 439 km, covering most of the claim block at 200 m line spacings in preparation for possible drilling.

Figure 1 – Visible gold in J-21-020, at 109.6 m and 109.8 m downhole. Pictures are not consistently scaled. Observed native gold grains are up to 0.3 mm across. Note that these are the only two instances of native gold observed in J-21-020 and are not representative of mineralization throughout the hole. Assays for this drill hole are pending.

“This is icing on the cake for our successful Phase I drill program at Jupiter,” said Scott Berdahl, CEO and Director of Snowline Gold. “On September 3, we released a photo from this drill hole given the potential significance of intersecting mineralized quartz in such a large, blind step-out. I said then it was ‘almost as good as we could hope for.’ With this visible gold, that ‘almost’ can be removed. Hole 20 joins a majority of the 21 holes drilled at Jupiter for which we eagerly await assay results. Apart from our Hole 11 ‘discovery hole,’ which we rushed, we have yet to receive assays back from any of the largest quartz-arsenopyrite intervals we have seen in holes 10 and higher. We expect a steady stream of assays back from these holes and from our drilling at Valley on the Rogue project over the coming weeks and months.”

Lengthwise core cutting of J-21-020 for geochemical sampling revealed instances of visible gold (Figure 1) that weren’t apparent during geological logging of the intact core. The visible gold was found in a roughly 1 m wide quartz vein previously flagged for its potential by the company (Figure 2), at the base of a 9 m wide zone of alteration and variable amounts of arsenopyrite mineralization. True widths of these zones are not known but are expected to be roughly 90% of intersected widths based on the high angles to drill core. While the observed gold confirms that the quartz veins carry gold in this area, the actual concentrations and distribution of gold in the core remains unknown until assays are returned. Hole J-21-020 was drilled roughly 1.1 km north of hole J-21-011 which returned multiple high-grade intervals of up to 13.2 g/t Au over 6.5 m (see Snowline’s August 25, 2021 news release) and some 460 m from any previous hole at Jupiter, highlighting the potential scale of the system (Figure 3).

Figure 2 – Quartz-arsenopyrite mineralization in J-21-020, before (A) and after (B) cutting. The upper part of this figure was shown as part of Figure 1 in Snowline’s September 3, 2021 news release. Orange flagging tape in B denotes the locations of visible gold on cut faces below. The “missing” half of the core in B has been shipped for geochemical analysis, while the half shown here will be kept by the company as a record for analytical purposes. Both images show core returned from 106.0 m to 110.3 m downhole. Assays for this zone are pending.

Jupiter is thought to represent an epizonal orogenic gold system. It is one of ten target zones prospective for orogenic and/or Carlin-style gold mineralization currently recognized on Snowline Gold’s 70%-owned, district-scale Einarson project. Adjacent projects Rogue and Ursa are prospective for intrusion-related gold, and sediment-hosted gold and base metal deposits. No resources nor reserves have been calculated on any of these targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere. Readers are cautioned that without assay results, the true significance of the intersections reported herein is uncertain.

Figure 3 – Location of J-21-020, which hosts visible gold mineralization, plotted on Jupiter area soil and rock geochemical results. Holes are labelled with significant assay results received to date, though most results are still pending. Collar sites are shown as circles with drill traces shown as black lines labelled by hole number. Snowline’s 2021 drill campaign is the first ever drill testing of the recently identified Jupiter zone on the district-scale Einarson gold project.
Figure 4 – Jupiter & Valley zone location map in relation to surrounding Snowline Gold Corp. projects. The discovery of visible gold at Jupiter makes for Snowline’s second 2021 drill discovery of native gold in drill core in first-ever drill testing of a recently-identified target. Most targets in Snowline’s district-scale Selwyn Basin portfolio remain to be tested.

ROGUE PROJECT UPDATE

Trace amounts of visible gold have been observed in holes V-21-003 and V-21-004, the third and fourth holes drilled on Snowline’s Rogue project, in the Valley zone. This news follows the Company’s September 7, 2021 report of visible gold in its first two drill holes at Valley. Subsequent analysis of V-21-001 and V-21-002 has revealed additional details.

In V-21-001, thirty-one quartz veins containing trace visible gold have been observed across 152 m of drill core, with up to five grains of visible gold (0.1 mm to 0.5 mm in size) within a single vein. Quartz veins themselves are usually on the order of 1 cm in thickness, with anywhere from 1 – 8 veins per metre of core. The first instance of visible gold in V-21-001 occurs at 7.5 m from surface, while the final occurrence is at 159.55 m, just 1.45 m from the end of the 161 m hole. Thirty-one of 169 samples submitted for assay, or nearly 1 in 5 samples across the length of the hole, contain trace levels of visible gold.

In V-21-002, sixteen instances of trace visible gold were observed in cm-scale quartz veins across 162 m, with similar characteristics to V-21-001. The first instance occurs at 49.5 m downhole, while the last observed instance was at 217.5 m depth in a 242 m hole.

In V-21-003 and V-21-004, visible gold is less common, with only four and two instances observed respectively. Nonetheless, the trace occurrences of visible gold in V-21-003 also span a considerable length of core, from the first instance at 12.5 m to the final at 173.5 m. 

Some 804 m of drilling has been completed across the four holes in the Valley zone. While encouraged by the trace amounts of visible gold in each hole, the Company cautions that no assays have been received for these holes. The true significance of the discovery at Valley awaits these results.

Figure 5 – 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 and open to the southwest, roughly parallel to sheeted quartz veins that span the edge of an unmapped intrusion. Soils assaying >1 g/t Au are labeled with white haloes. High-resolution magnetic data captured by drone surveying shows a magnetic high (pink) likely related to hornfels alteration on the edge of the intrusion. Holes V-21-001 & 002 targeted local structures in what may be a hornfels roof pendant, whereas holes V-21-003 and 004 were drilled to crosscut larger intervals of sheeted veins farther from the intrusion. Trace amounts of visible gold were observed in all four holes. Assays are pending for all holes drilled at Valley.

URSA PROJECT UPDATE

At Ursa, a 439 line-kilometre VTEM survey was conducted in early September by Geotech Inc. across most of the northernmost Ursa claim block (Figure 4) at a line spacing of 200 m. The survey covers an area of roughly 7,750 ha. It will provide the Company with information on the conductivity and chargeability of rock units underlying the trend of anomalous geochemistry, allowing for better understanding of the underlying geology and potentially mapping out anomalous geophysical targets directly related to base metal or gold mineralization.

A small program of additional surface sampling was completed by the Company in a prospective part of the Ursa base metals trend to gain further insight on the origin of the anomalous zinc, nickel, copper, vanadium and silver values in soil and stream geochemical sampling encountered in historical sampling across a wide area, and to provide context for results of the geophysical surveying.

Figure 6 – Snowline’s Chair, Dr. Craig Hart, samples recessive black shale units at Ursa in late August, 2021. This hands-on approach from a senior board member underscores Snowline’s commitment to rigorous exploration. Dr. Hart was a founding member of the Yukon Geological Survey, where he worked for 14 years. While head of the YGS mineral services branch, he kept abreast of and helped to catalogue all significant exploration activities across the Yukon Territory. 

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 >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.

SNOWLINE GOLD ENTERS INTO PROPERTY OPTION AGREEMENT

  • Acquisition of five claim blocks from arm’s length vendors increases Snowline’s targeted Yukon Territory land position by 18%
  • Extensive historical dataset includes a 350 x 200 m zone of highly anomalous gold in soils with eight soil samples >1 g/t Au, up to 6.4 g/t Au, within a broader 3.5 x 1.0 km gold-in-soil trend
  • New land position triples coverage of Snowline’s “Ursa” trend to > 30 km of prospective strike length.

September 14, 2021 – Vancouver, B.C. – Snowline Gold Corp. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to announce that it has entered into a property option agreement with Epica Gold Inc., a wholly owned subsidiary of HighGold Mining Inc., and Carlin Gold Corporation (together the “Optionors”) dated September 13, 2021 (the “Agreement”), pursuant to which the Company has acquired the option (the “Option”) to purchase a 100% interest in 812 mining claims in five blocks collectively covering approximately 16,500 hectares (the “Properties”). The Properties are located in the Mayo mining district, Yukon Territory, where they supplement Snowline’s existing claim position across a regional geological feature considered by the company to be highly prospective for gold and base metal mineralization. Snowline’s mineral holdings now comprise some 106,500 hectares and are focused within the Selwyn Basin.

Under the terms of the Agreement, Snowline can acquire the Properties in exchange for payments to the Optionors of $100,000, ($50,000 on signing and $50,000 on the first anniversary), and issuing 1,000,000 common shares to the Optionors, (500,000 common shares issued on signing and 500,000 on the first anniversary). All payments made by the company are divided 50/50 amongst the Optionors. The agreement is subject to a 2% net smelter returns royalty, with a 1% buy-back provision for $2,000,000.

All securities issued pursuant to the Agreement will be subject to a four‐month and one day hold period in accordance with applicable Canadian securities laws.

“This claim package has been on Snowline’s radar for a long time,” said Scott Berdahl, CEO and Director of Snowline. “With our promising results this season, we are excited to further solidify our cornerstone position in an area with demonstrated and increasing potential to become a significant new gold and base metals district. Each acquired property bolsters an existing Snowline project. We further benefit from the previous operators’ extensive geochemical work, which identified multiple promising targets for follow-up. As with our Jupiter zone at Einarson and Valley zone at Rogue, this option provides Snowline and its shareholders low-cost entry to high-quality targets at the drill discovery stage.”

THE “X” & “REA” BLOCKS – CYNTHIA

The X claims lie within 1 km of the southern boundary of Snowline’s Cynthia project, south of Rogue and Einarson. Historical soil sampling conducted by the previous operator on the X claims revealed multiple gold-in-soil anomalies, including a 3.5 x 1.0 km area with generally elevated (>10 ppb Au) to highly anomalous (up to 6,355 ppb Au) gold in soils. Within this area is a 300 x 250 m zone of consistently anomalous soils, with 8 of 52 soil samples assaying above 1,000 ppb (1 g/t) Au (Figure 2). These anomalies are hosted in deformed Devonian age black shales intruded by a Mayo suite Cretaceous intrusion nearby, making for what the Company believes to be a highly prospective environment for several styles of gold deposit. Additional high gold values were encountered in historical soil sampling along strike, some 4 km from the anomaly.

Figure 1 – Map of the newly acquired claims in relation to Snowline’s existing properties in the district. New acquisitions are labelled in bold and highlighted by shadow and are colour-coded to match the projects that they complement. While notable mineral occurrences like the past-producing Plata silver mine and newer discoveries like Conrad, Venus and Boundary flank Snowline’s project portfolio, Snowline’s project areas have seen very limited mineral exploration efforts to date.

The REA claims cover a zone of gold and base metal anomalism in soil and rocks near a zone of complex structural intersection and along strike of the X claims.

An inactive winter haul road formerly used to service the Plata silver mine comes within 1.5 km of the X claims and within 2.8 km of the REA claims (Figure 1).

Figure 2 – “X” claims soil anomaly, as delineated by previous operators in 2011. These historical soil values grade up to 6.356 g/t Au, with eight samples assaying >1 g/t Au (>1000 ppb Au) over a 300 m area. The anomaly appears to be hosted in black, organic-rich Devonian shales in the hanging-wall of a major regional thrust, within 1 km of a Cretaceous-aged Mayo suite intrusion that exhibits a strong gold signature in regional stream geochemical data.

THE “HS” AND “GS-Y” BLOCKS – URSA

The claim blocks comprising the HS, GS and Y claims extend coverage along the same belt of prospective Ordovician to Devonian rocks that host the strong, extensive, multi-element base metal anomalism identified in stream sediment and soil samples on the Company’s Ursa project. This effectively triples the strike length of prospective rocks controlled by Snowline along this belt to over 30 km (non-contiguous). While Ursa appears to cover the strongest signal from this anomalous trend, historical stream sediment and soil sampling on the newly acquired blocks returned up to 1.84% zinc in stream sediment samples and 1.1% zinc in soils.

The Selwyn Basin is among the world’s richest sources of zinc, with three major districts recognized to date: the Anvil District, Howards Pass, and Macmillan Pass. The rocks underlying Ursa and the newly acquired claims are similar in age and provenance to units at both Howards Pass and Macmillan Pass.

While Snowline’s focus remains on its flagship gold projects, this expanded land position over prospective ground strengthens the opportunity for joint-venture, spin-out or sale if significant base metal mineralization is encountered on the Ursa project.

THE “OB” BLOCK – EINARSON

The OB claims are located north of the Einarson property along the same regional geological feature as a prominent anomalous geochemical trend on Einarson. Historical soil sampling conducted by the previous operator on the OB claims returned generally elevated (>10 ppb Au) to anomalous (up to 522 ppb Au) soils along a 2.3 km strike length, with 16 of 79 samples (20%) returning >100 ppb Au. Follow-up rock sampling targeted carbonate and clastic units and did not identify the source of the anomaly, though nearby quartz veining was mentioned in sample notes. Given Snowline’s quartz-vein associated discoveries at Jupiter and Avalanche Creek, exploration targeting of an epizonal orogenic model may prove more successful in identifying the source of the anomaly.

QA/QC

Historical results relating to the newly acquired claim blocks reported herein have not been directly verified by Snowline as such data was prepared and compiled by third parties prior to Snowline’s involvement with the Properties. Collection procedures, assay techniques and documentation of the data appear to follow industry best practices, and the Company believes the data to be reliable as a first-pass indicator of high prospectivity that identifies promising targets for follow-up.

QUALIFIED PERSON

The scientific and technical information in this news 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 nearly 106,500 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 regarding the exercise of the Option and the payments and share issuances related thereto, the Company’s belief the Properties will be a highly prospective environment for several styles of gold deposit and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things, risks associated with executing the Company’s plans and intentions. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SNOWLINE GOLD INTERSECTS VISIBLE GOLD IN FIRST TWO DRILL HOLES AND DELINEATES 900 X 150 METRE GOLD-IN-SOIL ANOMALY AT ITS VALLEY TARGET, ROGUE PROJECT, YUKON

  • The first two holes ever drilled into the Valley target intersected trace amounts of visible gold across broad regions of drill core
  • Prospecting at Valley encountered auriferous sheeted quartz veins over a large area with grab samples of up to 15.95 g/t Au
  • Soil geochemistry results delineate an open 900 x 150 m soil anomaly associated with sheeted veins within and around a recently identified Tombstone series intrusion. Four soil samples returned >1 g/t Au to a maximum of 3.36 g/t Au.

Vancouver, B.C., September 7, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide an update on its exploration activities on its flagship Rogue project in the Yukon, Canada. Holes V-21-001 and V-21-002, the first two holes ever drilled into Snowline’s “Valley” gold target, both intersected trace amounts of visible gold across much of their 161 m and 242 m lengths in quartz veins associated with a previously untested reduced-intrusion related gold system. Targeting efforts prior to drilling revealed an open, 900 x 150 m zone of anomalous gold-in-soils associated with a recently identified intrusion accompanied by sheeted quartz veins assaying to 15.95 g/t Au.

Figure 1 – 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 (shiny grey mineral). Hole V-21-001 ended at 161 m depth, with gold observed in at least 28 veins including instances of visible gold near the bottom of the hole.

“Visible gold mineralization at Rogue marks Snowline’s second drill discovery in as many drill campaigns this season. We await assay results for the full story,” said Scott Berdahl, CEO and Director of Snowline Gold Corp. “Those new to Snowline may be surprised at the apparent success of our inaugural season. But while we are a newly listed company, this is not a new endeavour. We were built on over three decades of mostly private Yukon-focused exploration. Our flagship projects have taken various forms over the past 11 years, with millions spent on baseline data collection yielding promising targets and ideas. Snowline is now well-positioned to reap the benefits. We are fortunate to begin our journey at the drill discovery phase—the steepest value-add in the mining life cycle—and we are just getting started. Our recent successes further validate Snowline’s driving thesis of a new gold district in the Selwyn Basin spanning multiple deposit types across our Rogue, Einarson and Ursa projects.”

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 and open to the southwest, roughly parallel to sheeted quartz veins that span the edge of an unmapped intrusion. Soils assaying >1 g/t Au are labeled with white haloes. 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) likely related to hornfels alteration. Holes V-21-001 & 002 targeted local structures in a hornfels roof pendant, whereas holes V-21- 003 and 004 will seek to crosscut larger intervals of sheeted veins.

Holes V-21-001 and 002 were drilled from a single pad along an azimuth of 175°, dipping 50° and 70° (Figure 2). Visible gold encountered in drill core occurs as grains roughly 0.1-0.5mm in size within centimetre-scale, sheeted quartz veins that are present at varying densities per metre throughout both holes. In hole V-21-001, at least 28 of these small quartz veins contain visible gold, with up to five grains observed in a single vein crosscutting core. In hole V-21-002, instances of visible gold are observed through to 217.5 m depth (total hole depth 242 m). Sheeted veins are present in both hornfels sedimentary rocks and in a dominantly diorite to quartz-diorite intrusion (Figure 3). This intrusion does not appear on current geological maps, but based on nearby mapped intrusions, it is likely a member of the Mayo plutonic suite, a series of Cretaceous-aged felsic intrusions responsible for significant gold deposits including Fort Knox in Alaska and the Eagle gold mine in the Yukon Territory.

Figure 3 – Sheeted quartz veining in drill core from hole V-21-001 and from outcrop at Valley. (A) View from roughly 49 to 55 m downhole. Intense silicification accompanied by sheeted quartz veins at roughly 5 per metre (drilled width). This zone may represent a heavily altered metasediment-hosted dike. (B) View from roughly 82 m to 87 m downhole. Sheeted quartz and crosscutting quartz veins in diorite at roughly 8 per metre (drilled width), with micaceous alteration haloes around veins. (C) Outcropping analogue to B exposed in a creek bed. Note the brown weathering alteration halos around veins. For scale, drill core in figure is 5.1 cm in diameter, and the red dwarf birch leaves in C are roughly 1 cm in diameter. 

The drill discovery caps off a busy season of careful advancement and targeting by Snowline at Valley (Figure 2), comprising soil sampling, prospecting, preliminary geological mapping, and drone-supported detailed magnetic surveying and orthophotography across the target. Some 376 grid soils were collected at Valley, with partially returned assay results revealing a 900 m x 150 m zone of elevated and anomalous soils. Four soil samples received to date returned greater than 1 g/t Au, to a maximum of 3.36 g/t Au. Prospecting and preliminary geological mapping revealed a broad zone of sheeted veining striking WNW-ESE coincident with the soil anomaly. Grab samples of vein material commonly ranged from 2 g/t Au to 16 g/t Au, though readers are cautioned that overall grade in such systems commonly depends on vein densities in addition to grade. A 411-line-kilometer magnetic survey conducted by EarthEx Geophysical Solutions revealed the extent of the mostly covered intrusion and associated structures and will be useful in guiding Snowline’s drill exploration efforts.

Figure 4 – Snowline’s Chair, Dr. Craig Hart, examines sheeted veining in intrusive float at Valley on August 29, 2021. Dr. Hart is a world-renowned expert in reduced intrusion related gold systems, having played a key role in developing the deposit model during the mid 2000s.

While encouraged by the discovery of visible gold in V-21-001 and 002, the company cautions that its true significance will not be known until drill hole assay results are available. Given laboratory wait times of 1-2+ months, these results are unlikely to be available in the near term. In known deposits of this type, the density of sheeted veining is as important as the grade of the veins as the host rock is commonly barren. No resources nor reserves have been calculated at Rogue, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at the Valley target or elsewhere.

Figure 5 – Valley zone location map in relation to surrounding Snowline Gold Corp. projects. The “Jupiter” zone was the location of Snowline’s inaugural drill campaign and its first significant gold discovery earlier this season (see Snowline Gold press releases dated July 27, August 25 and September 3, 2021). Note the scale bar in the bottom right. Background colours show regional geology draped over topographic hillshade.

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 prospective yet underexplored Selwyn Basin. Snowline’s project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold’s Eagle Mine. Snowline’s first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

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

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

SNOWLINE GOLD INTERSECTS PROMISING QUARTZ-SULPHIDE VEINS IN 460 METRE STEP-OUT AT JUPITER, COMMENCES PHASE I DRILLING AT VALLEY

• Arsenopyrite-bearing quartz-carbonate veins intersected in hole J-21-020, drilled 460 m from any previous hole and 1,100 m from high-grade discovery hole J-21-011 

• Jupiter’s expanded, 4,300 m Phase I program now complete, with assays pending for 13 of 21 holes and evidence of mineralizing system encountered in all 21 holes 

• Drilling now underway on intrusion-related Valley gold target, Rogue property. 

Vancouver, B.C., September 3, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC: SNWGF) (the “Company” or “Snowline”) is pleased to provide an update on its exploration activities on its flagship Einarson and Rogue projects. Holes J-21-020 and J-21-021, the final two holes of an expanded 4,300 m phase I drill program on Einarson’s Jupiter zone, intersected sulphide-bearing quartz-carbonate veins in a 460-metre step-out testing what may be a parallel structural corridor (Figure 2). Assay results from these holes are not anticipated for some time due to laboratory back-logs, but the Company recognizes the presence of such mineralization to be a significant positive indication of the potential of the Jupiter zone.

“With such a big step-out, we were swinging for the fences,” said Scott Berdahl, CEO and Director of Snowline. “While we don’t yet have assays for these holes, it’s starting to look a bit like a home run. This hole hit similar veins, alteration and gold pathfinder minerals to those of our recent J-21-011 discovery hole some 1.1 km to its south. It is almost as good as we could hope for. This caps off a very successful Phase I drill program at Jupiter, with exciting intervals already in hand and most assay results still forthcoming. We look forward to returning to Jupiter next year”

Hole J-21-020, drilled at an azimuth of 250° and dipping -50°, encountered multiple zones of arsenopyrite and pyrite including a 9.2 m zone of trace to high concentrations of arsenopyrite from 101.5 m to 110.7 m downhole, with abundant quartz veining from 106.5 m to 110.0 m (Figures 1, 3 & 4).

Hole J-21-021 was drilled from the same pad as J-21-020, also at an azimuth of 250°, but with a steeper dip of -75°. It encountered a similar zone of quartz veining from 98-105 m depth with abundant pyrite, but it lacked obvious occurrences of arsenopyrite. 

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. Adjacent projects Rogue and Ursa are prospective for intrusion-related gold and sediment-hosted gold and base metal deposits. No resources nor reserves have been calculated on any of these targets, and while current results are encouraging, they do not guarantee that economically viable ore bodies will be encountered at Jupiter or elsewhere. Readers are cautioned that without assay results, the true significance of the intersections reported herein is uncertain. 

ROGUE PROJECT DRILLING 

A 600-metre, phase I drilling program has commenced at the Valley zone on the Rogue project, located south of Einarson (Figure 5). This drilling targets intrusion-related gold mineralization in sheeted veining and gold-bearing structures within and around a newly-discovered intrusion thought to belong to the prolific Tombstone plutonic suite. 

Snowline CEO Berdahl continued, “With the drill now turning on the first-ever drill test of the Valley zone, we’re optimistic that further discovery awaits Snowline Gold this season.”

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 prospective yet underexplored Selwyn Basin. Snowline’s project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross’ Fort Knox mine, Newmont’s Coffee deposit, and Victoria Gold’s Eagle Mine. Snowline’s first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district. 

ON BEHALF OF THE BOARD 

Scott Berdahl, MSc, MBA, PGeo 
CEO & Director 

For further information, please contact: 

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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

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

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the 

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

SNOWLINE GOLD INTERSECTS 13.2 G/T GOLD OVER 6.5 METRES AND 10.4 G/T GOLD OVER 5.0 METRES IN 710 METRE STEP-OUT DRILLING AT JUPITER

  • 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.

SNOWLINE GOLD ANNOUNCES THE APPOINTMENT OF SCOTT BERDAHL AS CHIEF EXECUTIVE OFFICER

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.