Hole V-21-003 returned 1.56 g/t Au over 125.0 m from surface, within a broader mineralized zone averaging 1.25 g/t Au over 168.7 m Hole V-21-004 returned 0.90 g/t Au over 69.5 m from 65 m depth, within a broader mineralized zone averaging 0.77 g/t Au over 93.8 m Length, width and depth of the discovery remain open, with drill on site to commence drilling Spring 2022. Snowline Gold Corp. is pleased to provide additional [...]
Hole V-21-001 averaged 1.27 g/t Au over 108 m from 19.5 m downhole, within a broader mineralized zone averaging 1.09 g/t Au over 135 m from 5 m downhole. Entire 161 m hole averaged 0.95 g/t Au, ending in zone of gold mineralization. Geochemical signature consistent with classic reduced intrusion related gold system. Assays to follow for remaining 2 holes at Valley, both of which intersected similar mineralization to [...]
Snowline's initial drill campaign on the recently discovered Valley zone intersected the targeted sheeted vein arrays with visible gold in all four holes. Hole V-21-002 averaged 1.01 g/t Au over 136.75 m from 35.25 m downhole, within a broader mineralized zone averaging 0.85 g/t Au over 186 m. Assays to follow for 3 of 4 holes at Valley, all of which intersected similar mineralization to V-21-002. A diamond drill is [...]
Snowline Gold Corp. is pleased to announce the strengthening of its technical management team in preparation for a highly active 2022 field season. Thomas Branson, P.Geo., joins the Company as its Exploration Manager. Mr. Branson brings over 15 years' industry experience to the Snowline team, having helped to organize and manage more than $55M in exploration expenditures and over 180,000 metres of drilling. His experience [...]
Diamond drill hole J-21-020 returned 8.3 g/t Au over 4.7 m in the first drill test of a new, covered target area at Jupiter Quartz breccia hosts fine-grained visible gold assayed 22.1 g/t Au over 1.1 m within above 4.7 m interval Hole J-21-020 was collared 1.1 km north of high-grade hits in holes J-21-010, 011, 012 & 013, demonstrating scale of mineralizing system Assays still pending for all 4 holes at Snowline's Valley [...]
This press release replaces the press release disseminated December 20, 2021 at 8:00 AM ET. The press release had an incorrect headline. No changes to the content of the release have been made. Snowline Gold Corp. is pleased to announce that it has completed its previously announced non-brokered private placement, issuing 757,575 flow-through common shares of the Company at a price of C$0.66 per FT Share and 8,783,783 [...]
Snowline Gold Corp. is pleased to announce that it has completed its previously announced non-brokered private placement, issuing 757,575 flow-through common shares of the Company at a price of C$0.66 per FT Share and 8,783,783 premium flow-through common shares of the Company at a price of C$0.74 per Premium FT Share, for aggregate gross proceeds of approximately C$7 million. Each FT Share and Premium FT Share is [...]
Snowline Gold Corp. 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 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 gross proceeds from the issue and sale of the FT Shares and the Premium FT Shares will be used to support advancement of exploration. Snowline Gold Corp. is pleased to announce that it has arranged to issue, on a non-brokered private placement basis, up to 757,575 flow-through common shares of the Company at a price of C$0.66 per FT Share for gross proceeds of up to C$500,000, and up to 6,081,081 premium flow-through [...]
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 . 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 [...]
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 Au over 1.5 m and 31.1 g/t Au 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 [...]
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 Snowline Gold Corp. is pleased to provide an update on its exploration activities on its [...]