202611 releases
Snowline Gold Appoints Randy Smallwood to Board of Directors
Snowline Gold has appointed Randy Smallwood to its Board of Directors as an Independent Director, effective October 26, 2026. Smallwood is non-executive Chair of Wheaton Precious Metals Corp., where he served as President and CEO from 2011 to March 2026, and co-founded the company in 2004.
ManagementSnowline Gold Announces Inclusion into Multiple Equity Indices and Provides Project Updates
Snowline Gold will be added to the S&P/TSX Composite Index and FTSE Canada All Cap Index, with both rebalances effective after market close on Friday, September 18. The Pre-Feasibility Study for the Valley deposit on the Rogue Project in Yukon remains on track for delivery by Q1 2027, with a YESAB Project Description to be submitted concurrently. Step-out drilling at Valley returned 3.4 m at 5.86 g/t Au from 515.0 m in V-26-159; Gracie, Duke and Crossroad assays are pending.
CorporateSnowline Completes C$172.6 Million Bought Deal Public Offering of Common Shares Including Full Exercise of Over-Allotment Option
A bought deal public offering of 11,902,500 common shares at C$14.50 per share closed for gross proceeds of C$172,586,250, including full exercise of the underwriters' over-allotment option. Existing shareholder B2Gold Corp. participated to maintain its 9.9% interest. Net proceeds will fund advancement of Snowline's Yukon Territory projects, including the Valley gold deposit at the Rogue Project, and general corporate purposes. BMO Capital Markets acted as sole bookrunner with CIBC World Markets as co-lead underwriter.
FinancingSnowline Gold Announces C$150 Million Bought Deal Financing
A bought deal financing of 10,350,000 common shares at C$14.50 per share for gross proceeds of approximately C$150 million has been agreed with a syndicate of underwriters led by BMO Capital Markets. The underwriters hold a 30-day over-allotment option for up to an additional 15% of the offering, which is expected to close on or about August 12, 2026, subject to regulatory approvals. Net proceeds will fund Snowline's Yukon Territory projects, working capital and general corporate purposes.
FinancingSnowline Gold Publishes 2025 Sustainability Report and Appoints Site General Manager
Snowline Gold has published its 2025 Sustainability Report, reporting a third-party assessment of health and safety policies, 36.5 tonnes of CO2 emissions offset via a leased PowerPod solar farm system through its partnership with Na-Cho Nyak Dun Development Corporation, approximately $33 million spent on Yukon contractors in 2025 (about $30 million with Yukon First Nations affiliated contractors), and a third consecutive Robert E. Leckie Award from the Government of Yukon. Clinton Wakefield, previously with B2Gold's Goose project in Nunavut, was appointed Site General Manager for the Yukon project portfolio.
CorporateSnowline Gold Announces Results of 2026 AGSM
Shareholders approved all items put forward at Snowline Gold's Annual General and Special Meeting held June 24, 2026, in Whitehorse, YT, including the amended and restated omnibus incentive plan and re-appointment of Crowe Mackay LLP as auditor. A total of 114,557,973 common shares were voted, about 65.13% of shares issued and outstanding at the record date. The number of directors was set at seven and all nominees in the May 11, 2026 circular were elected.
CorporateSnowline Gold Announces Fully Funded 2026 Project Development and Exploration Programs
A fully funded 2026 field program is underway at the Rogue Project in Yukon, with camp open and drilling starting mid-May, supported by a cash balance of approximately $100 million. Plans include more than 10,000 m of drilling targeting resource expansion at the Valley gold deposit plus the Gracie and Duke targets, surface work at Crossroad, and expanded environmental and geoscience baseline programs. A Pre-Feasibility Study is targeted for completion by early 2027, with the Rogue Project Description to be submitted to YESAB in Q3.
CorporateSnowline Gold Announces Inclusion into the GDXJ
Snowline Gold has been added to the VanEck Junior Gold Miners ETF (GDXJ), with the rebalancing effective as of market close on March 20, 2026. The Yukon-focused company holds the Valley gold deposit on its 100%-owned Rogue Project, with an open mineral resource estimate of 7.94 million ounces gold at 1.21 g/t Au Measured & Indicated (204.0 million tonnes) plus 0.89 million ounces Inferred at 0.62 g/t Au (44.5 million tonnes) at a 0.3 g/t Au cut-off.
CorporateSnowline Gold Intersects Strong Intervals in Geotechnical Drilling at Valley and Discovers New Mineralized Target
Geotechnical hole V-25-GT-007 at the Valley deposit on the Rogue Project in eastern Yukon returned 1.00 g/t Au over its entire 347.6 m length from bedrock surface, ending in mineralization outside the current mine plan. Eight 2025 holes in a new zone on the eastern edge of the Valley intrusion outlined mineralization over roughly 700 x 400 x 200 m averaging 0.34 g/t Au. Prospecting on the Cynthia Project identified the Crossroad target, with selective grab samples up to 14.1 g/t Au and 3,505 g/t Ag.
Drill resultsSnowline Gold and First Nation of Na-Cho Nyäk Dun Sign Memorandum of Understanding
A Memorandum of Understanding was signed with the First Nation of Na-Cho Nyäk Dun on January 17, 2026 in Mayo, Yukon, covering FNNND's governance role in any future mine development at the Rogue Project and Snowline's exploration and environmental and engineering studies in FNNND Traditional Territory. Terms include a requirement for FNNND's free, prior and informed consent before mine construction at Rogue, compliance with the FNNND Mining Policy, capacity funding, and a basis for future advanced agreements.
CorporateSnowline Gold Reflects On A Transformational 2025 And Looks Ahead To 2026
A 2025 review for the Rogue project in the eastern Yukon covers the Valley PEA, which at US$2,150/oz gold shows a C$3.4B NPV5%, 25% post-tax IRR, 2.7-year payback of C$1.7B initial capital and C$426M average annual after-tax free cash flow over a 20-year life; at US$4,300/oz spot the model yields C$10.7B NPV5% and 47% IRR. Other items include C$122 million raised, a graduation to the TSX on December 2, 2025, over 30,000 m drilled, and a C$105M treasury. A fully funded prefeasibility study is underway for 2026.
Corporate
202529 releases
Snowline Gold Awards Key Contracts And Commences Prefeasibility Study On Its Flagship Rogue Project, Yukon
Work has begun on a fully funded prefeasibility study for the Valley gold deposit at the Rogue Project in the eastern Yukon, with completion anticipated in 12 to 15 months. Wood Canada Limited is lead engineering consultant handling plant design, infrastructure and cost estimation, SRK Consulting (Canada) Inc. leads geoscience and open-pit mine design, and WSP Canada Inc. leads tailings storage facility engineering. Supporting 2025 fieldwork included 51 sonic drill holes, 74 test pits, 13 geotechnical holes and two large-diameter metallurgical holes, alongside an expanded environmental baseline program.
CorporateSnowline Announces Graduation To The Toronto Stock Exchange
Final approval has been received to list Snowline Gold's common shares on the Toronto Stock Exchange, with trading to begin at market open on December 2, 2025 under the existing symbol SGD. The shares will be voluntarily delisted from the TSX Venture Exchange effective at the close of market on December 1, 2025, with no change to the trading symbol or CUSIP and no action required from shareholders.
CorporateSnowline Gold Drills 534.5 Metres Of 0.62 Grams Per Tonne Gold Along Northern Edge Of Its Valley Deposit And Intersects RIRGS Mineralization At Gracie Target, Rogue Project, Yukon
Drilling at the Valley deposit on the Rogue Project in eastern Yukon returned 534.5 m at 0.62 g/t Au, including 42.5 m at 2.10 g/t Au, in hole V-25-139, with V-25-147 returning 347.5 m at 0.71 g/t Au and V-25-141 returning 105.0 m at 1.03 g/t Au; 10 of 12 reported holes ended in mineralization. A new eastern zone about 500 m from the resource boundary and RIRGS mineralization at Gracie (53.5 m at 0.32 g/t Au) were intersected, with about 13,700 m of results pending.
Drill resultsSnowline Gold Receives Third Consecutive R.E. Leckie Award for Environmental Performance and Receives 2025 Community Award at Yukon's Geoscience Forum
Snowline Gold received the Government of Yukon's 2025 Robert E. Leckie Award for Responsible and Innovative Exploration and Mining Practices — its third consecutive Leckie Award — plus the Yukon Chamber of Mines' 2025 Community Award, both presented at the Yukon Geoscience convention in Whitehorse. The Leckie recognition cited reclamation at the Valley deposit on the Rogue Project, where 100% of 2021-2024 drill pads and 82% of 2025 pads have been reclaimed, and a solar array at Forks camp that generated over 10,000 kWh.
CorporateSnowline Announces Conditional Approval to Graduate to the Toronto Stock Exchange
Conditional approval has been received to list Snowline Gold's common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange, with final approval subject to customary TSX requirements including receipt of all required documentation. A further release will follow once the TSX confirms the expected start of trading. The shares will be delisted from the TSXV upon TSX listing, with no change to the trading symbol or CUSIP and no action required from shareholders.
CorporateSnowline Gold, In Partnership With Ross River Dena Council And Yukon First Nation Education Directorate, To Provide Stop-Gap Funding To Ross River School Meals Program
A total contribution commitment of $90,000 will fund the school-food portion of Ross River's Rural Nutrition program in Yukon, under an agreement with Ross River Dena Council and the Yukon First Nation Education Directorate. This follows an initial $10,000 emergency contribution and in-kind non-perishable food in early September, with a further $80,000 to pay a part-time cook and school meals for at least six months. The program lost Jordan's Principle – Indigenous Services Canada funding, which is under appeal.
CorporateSnowline Gold Further Strengthens Board With Appointment Of Crystal Smith
Crystal Smith has been appointed as an independent director of Snowline Gold, effective immediately. Smith served as Chief Councillor for the Haisla Nation from 2017 to 2025, was a Cedar LNG director, was recently appointed to the Indigenous Advisory Council for the Major Projects Office, and is an independent director of Taseko Mines Ltd. The Company also granted 75,000 Deferred Share Units to a director under its Omnibus Incentive Plan, vesting in 12 months and payable upon the holder ceasing to be a director.
ManagementSnowline Gold Extends Strike Length By 550 M And Intersects 6.8 Grams Per Tonne Gold Over 9.0 M At Its Jupiter Target, Einarson Project, Yukon
Drilling at the Jupiter orogenic gold target on the Einarson Project, Yukon, returned 6.82 g/t Au over 9.0 m from 179.5 m downhole in hole J-25-037, within a previous 500 m drill gap, while step-out hole J-25-039 returned 5.5 m at 2.6 g/t Au about 550 m north of prior drilling, extending known strike length to 1.9 km. At the Valley deposit on the Rogue Project, hole V-25-132 returned 209.0 m at 0.45 g/t Au, including 67.5 m at 0.88 g/t Au, roughly 70 m southeast of the PEA mine plan. Over 28,500 m has been drilled in 2025, with assays pending for approximately 20,000 m.
Drill resultsSnowline Closes Oversubscribed Bought Deal Financing And Concurrent Private Placement For Gross Proceeds Of $102 Million
A bought deal public offering of 10,222,200 common shares at $9.00 per share closed for gross proceeds of $91,999,800, including $11,999,700 from full exercise of the over-allotment option. A concurrent non-brokered private placement of 1,123,194 shares at the same price raised $10,108,746, with existing shareholder B2Gold Corp. subscribing to maintain its 9.9% interest; total gross proceeds were $102,108,546. Net proceeds will advance Snowline's Yukon Territory projects, including the Valley gold deposit, and fund working capital and general corporate purposes.
FinancingSnowline Gold Announces Filing Of Short Form Prospectus
A final short form prospectus has been filed and receipted in Alberta, British Columbia, Ontario and New Brunswick in connection with Snowline Gold's previously announced bought deal public offering of common shares described in its August 14, 2025 news release. Alongside the filing, the company is filing an amended technical report supporting the Preliminary Economic Assessment for the Valley gold deposit on its 100%-owned Rogue Project in Yukon, with disclosure updated but no changes to assumptions or economic outputs. A Pre-Feasibility Study is being advanced.
FinancingSnowline Gold Announces Private Placement As B2gold Exercises Participation Right
B2Gold will maintain its 9.9% interest in Snowline Gold through a concurrent non-brokered private placement of up to 1,123,194 common shares at $9.00 per share for gross proceeds of up to C$10,108,746, following the offering announced on August 14, 2025. Proceeds are intended to advance the company's Yukon Territory projects and for working capital and general corporate purposes. Closing is expected on or about September 4, 2025, subject to regulatory approvals including TSX Venture Exchange approval.
FinancingSnowline Announces $80 Million Dollar Bought Deal Offering
A bought deal offering of 8,888,900 common shares at $9.00 per share for gross proceeds of $80,000,100 has been agreed with underwriters led by Canaccord Genuity Corp. and BMO Capital Markets, with a 30-day over-allotment option for up to 1,333,300 additional shares for up to $11,999,700 more. Proceeds will advance Snowline's Yukon Territory projects and fund working capital and general corporate purposes. Closing is expected on or about September 4, 2025, subject to TSX Venture Exchange and regulatory approvals.
FinancingSnowline Gold Announces Results of 2025 AGM
Shareholders approved all items at the August 12, 2025 Annual General Meeting, with 89,992,054 common shares voted, representing 51.6% of shares outstanding at the record date. The board was set at six directors, with Craig Hart, Scott Berdahl, Calum Morrison, Sarah Weber and Gilbert Lawson re-elected and Rob Doyle elected; Crowe MacKay LLP was re-appointed auditor, the Omnibus Incentive Plan reapproved and new articles adopted. The company also granted 15,000 Deferred Share Units, vesting immediately, to a director.
CorporateSnowline Gold Identifies New Gold Zone Near its Valley Deposit and Provides Regional Exploration Update
Drilling along the previously untested eastern margin of the Valley intrusion on the Rogue Project in eastern Yukon has intersected sheeted quartz veins with trace visible gold across a still-open zone potentially 500 x 100+ m, several hundred metres east of the current Valley mineral resource limit, with assays pending. First five 2025 Valley holes (V-25-125 to 129) returned broad anomalous gold zones outside the current resource. Over 20,000 m drilled in 2025 across Rogue and Einarson, with assays pending for about 17,500 m; all five regional RIRGS targets drilled showed trace visible gold, and outcropping sheeted quartz veins in granodiorite were found at Ramsey, 22 km west of Valley.
Drill resultsSnowline Gold Files Preliminary Economic Assessment Report for its Valley Gold Deposit, Rogue Project, Yukon
The technical report supporting the Preliminary Economic Assessment for the Valley gold deposit on the 100%-owned Rogue Project in Yukon has been filed on SEDAR+, titled Independent Preliminary Economic Assessment for the Rogue Project Yukon, Canada, dated July 30, 2025 with an effective date of March 1, 2025 and prepared principally by SRK Consulting (Canada) Inc. The PEA, first disclosed June 23, 2025, envisions open pit mining and milling over a 20-year life producing 6.8 Moz payable gold, a C$3.37 billion post-tax NPV5% at US$2,150/oz gold rising to C$6.80 billion at US$3,150/oz, and 544 koz average annual production at AISC of US$569/oz over the first five full years.
Study resultsSnowline Gold Discovers New Rirgs Target Near its Valley Deposit and Provides 2025 Field Program Update
A new reduced-intrusion related gold system, Celestic, has been discovered on the Cynthia Project, Yukon, about 27 km southwest of the Valley deposit and 5 km from the Plata winter trail, with selective grab samples up to 11.7 g/t Au and a 4.0 m chip sample of 1.09 g/t Au; of 74 samples, 14 returned >0.1 g/t Au averaging 1.4 g/t Au. The 2025 program has completed over 11,000 m in 28 holes on three targets using five drills, alongside expanded development work at Valley. Snowline also granted 300,000 options at C$8.64, 60,000 DSUs and 150,000 RSUs.
Drill results2025 Snowline Gold Annual General Meeting
The 2025 annual general and special meeting of shareholders will be held on Tuesday, August 12, 2025. Meeting materials, including the notice of meeting and information circular, notice and access notification, return card and form of proxy, are available for viewing and download.
CorporateSnowline Gold Announces Results of Preliminary Economic Assessment for its Valley Gold Deposit, Rogue Project, Yukon
A preliminary economic assessment for the Valley gold deposit at the Rogue Project in Yukon outlines a conventional open pit mine and 25,000 tonne-per-day mill producing 6.8 million payable ounces of gold over a 20-year life, averaging 544,000 oz annually in the first five full years at AISC of US$569/oz. At US$2,150/oz gold, after-tax NPV5% is C$3.37 billion with a 25% IRR and 2.7-year payback on C$1,685M initial capital. A pre-feasibility study is planned next.
Study resultsSnowline Gold Further Builds Out Board and Management Team; Provides Conference Call Details for Pea Update on Valley Gold Deposit, Rogue Project
Rob Doyle has been appointed to Snowline Gold's Board of Directors, and current director Calum Morrison has been appointed President while remaining a Director; Scott Berdahl continues as CEO. The Company will release results of the Preliminary Economic Assessment for the Valley gold deposit at the Rogue Project in Yukon after market close on Monday, June 23, 2025, followed by a conference call and webcast on Tuesday, June 24, 2025 at 9:00 am EDT.
ManagementSnowline Gold Further Strengthens Management Team with Appointment of VP Environment & Permitting
Oliver Curran, MSc, has been appointed Vice President of Environment and Permitting at Snowline Gold, where he will oversee environmental baseline studies and assessments supporting permitting as the Valley gold deposit advances. Curran brings 25 years of environmental and major project permitting experience, with prior roles at Inco, Baffinland Iron Mines, TMAC Resources, Agnico Eagle Mines and Centerra Gold. Valley, on the Yukon Rogue Project, hosts 7.94 Moz gold Measured and Indicated at 1.21 g/t Au plus 0.89 Moz Inferred at 0.62 g/t Au.
ManagementSnowline Gold Commences Fully Funded 30,000 M Exploration and Project Advancement Program
A fully funded 2025 exploration program has begun on the Rogue, Cynthia and Einarson projects in Yukon, comprising 30,000 m of drilling with five drills. About 20,000 m targets the Valley gold deposit, including 15,000 m of resource expansion and intrusion exploration drilling and 5,000 m of geotechnical, condemnation and sonic drilling; roughly 10,000 m will test at least five regional targets, emphasizing reduced intrusion-related gold systems. Work also includes a 2,500 km airborne magnetic survey, processing and environmental baseline studies.
Drill resultsSnowline Gold Expands Measured and Indicated Gold Ounces by 96% in Updated Mineral Resource Estimate at its Valley Gold Deposit, Yukon
An updated NI 43-101 mineral resource estimate for the Valley gold deposit on the 100%-owned Rogue Project in Yukon reports Measured resources of 69.7 Mt at 1.41 g/t Au for 3.15 Moz and Indicated resources of 134.3 Mt at 1.11 g/t Au for 4.79 Moz, totalling 204 Mt at 1.21 g/t Au for 7.94 Moz, a 96% increase in Measured and Indicated ounces, plus Inferred resources of 44.5 Mt at 0.62 g/t Au for 0.89 Moz at a 0.3 g/t cut-off. The estimate uses 52,736 m from 123 holes; a Preliminary Economic Assessment is expected in the coming weeks.
Resource updateSnowline Gold Announces Expansion of Leadership Team with Appointment of Vp Engineering and Transition of Chief Financial Officer
Victor Vdovin, MBA, P.Eng., has been appointed Vice President of Engineering, and Lauren McDougall, CPA, CMA, has been appointed Chief Financial Officer, replacing Matthew Roma, who departs the Company on May 4, 2025 and will continue as a consultant during a transition period. The Company also awarded officers 175,000 restricted share units vesting over three years and 300,000 stock options exercisable at $8.29 per share for five years, vesting over 2.5 years.
ManagementSnowline Gold Closes Fully Subscribed C$20 Million Financing of Flow-through Shares
A bought deal private placement of 1,875,000 charity flow-through common shares at C$10.68 per share closed for gross proceeds of C$20,025,000. Existing shareholder B2Gold participated to maintain its 9.9% interest. Proceeds will fund eligible Canadian exploration expenses on Snowline's Yukon Territory projects on or before December 31, 2026, with renunciation to subscribers effective December 31, 2025. The syndicate, led by Cormark Securities, received a 5% cash commission; shares are subject to a hold period expiring August 4, 2025.
FinancingSnowline Gold Corp Announces C$20.0 Million Bought Deal Private Placement of Flow-through Shares
A bought deal private placement has been agreed with Cormark Securities Inc. as lead underwriter for 1,875,000 flow-through shares at $10.68 per share, for gross proceeds of $20,025,000. Proceeds will fund eligible Canadian exploration expenses on the Company's Yukon Territory projects on or before December 31, 2026, with renunciation to subscribers effective December 31, 2025. Closing is expected on or about April 3, 2025, subject to regulatory approvals including TSX Venture Exchange acceptance.
FinancingSnowline Gold Drills 617.6 M at 1.7 Grams Per Tonne Gold from Surface, Including 3.24 Grams Per Tonne Gold Over 202.0 M, Showcasing Strong Consistency of Valley Deposit, Rogue Project, Yukon
Infill drilling at the Valley deposit on the Rogue Project in Yukon returned 617.6 m at 1.68 g/t gold from bedrock surface at 2.4 m downhole in hole V-24-119, including 202.0 m at 3.24 g/t Au and 19.5 m at 5.68 g/t Au. Other holes returned 200.9 m at 1.88 g/t Au (V-24-120), 486.5 m at 0.80 g/t Au (V-24-121) and 352.0 m at 1.05 g/t Au (V-24-122). An updated resource estimate is expected in H1 2025, with a first Valley PEA underway with SRK Consulting.
Drill resultsSnowline Gold drills 300 m beyond Valley Deposit resource at Rogue, hitting 20.9 g/t Au over 2.1 m at Jupiter, Einarson Project, Yukon—demonstrating strong district potential
Drilling at the Valley deposit on the Rogue Project, Yukon, returned 2.08 g/t Au over 15.5 m within 100.5 m averaging 0.53 g/t Au in hole V-24-115, located over 300 m east of the deposit, while V-24-117 cut 1.64 g/t Au over 112.5 m within 242.5 m at 1.14 g/t Au. At the Jupiter target on the adjacent Einarson Project, J-24-031 returned 20.94 g/t Au over 2.1 m within 9.45 m of 6.81 g/t Au, extending mineralization 50 m to depth. An updated Valley resource estimate is expected in Q1 or Q2 2025, with assays pending for over 2,500 m in six holes.
Drill resultsSnowline Gold Receives Yukon Sustainability Award at Eco Impact 2025
ECO Canada's Yukon Sustainability Award for Medium to Large Businesses was awarded to Snowline Gold at the 2025 ECO Impact Awards in Calgary, Alberta on February 12, 2025. The awards, delivered through a partnership between ECO Canada and the Government of Yukon, assess corporate sustainability practices, environmental management systems and support for the Yukon's climate change, energy and green economy strategy. Snowline previously received the Yukon's Robert E. Leckie Award in 2023 and 2024.
CorporateSnowline Gold Intersects 466.6 M of 1.1 Grams Per Tonne Gold from Surface Including 154.0 M of 2.1 Grams Per Tonne Gold Further Building on Continuity and Width at its Valley Deposit, Yukon
Drilling at the Valley deposit on the Rogue project in Yukon returned 1.12 g/t gold over 466.6 m from surface in hole V-24-105, including 2.09 g/t Au over 154.0 m, and 1.05 g/t Au over 403.6 m from surface in V-24-111, including 1.90 g/t Au over 103.0 m, both infilling gaps along section. First-ever drilling at the Aurelius target returned anomalous gold and copper of up to 0.07% Cu over 120.5 m. Assays are pending for more than 7,200 m in 17 holes; an updated resource estimate is expected in coming months.
Drill results
202427 releases
Snowline Gold Reflects on Significant Progress Through 2024 and Looks Ahead to 2025
A 2024 review reports the June initial Mineral Resource Estimate for the 100%-owned Valley deposit at the Rogue Project, Yukon, of 4.05 Moz Au Indicated at 1.66 g/t Au plus 3.26 Moz Au Inferred at 1.25 g/t Au, based on 27,911 m of drilling. Snowline completed over 35,000 m of drilling in 2024, including 25,099 m at Valley and 10,000 m on regional targets, with assays for more than 11,600 m from 29 holes outstanding. The company raised $31.9M and held C$43.2M in treasury as of December 31, 2024, with an updated Valley MRE planned for the first half of 2025.
CorporateSnowline Gold Intersects 351.6 M of 1.2 Grams Per Tonne Gold Including 166.1 M of 2.1 Grams Per Tonne Gold from Surface Along with Multiple Strong Hits at its Valley Deposit, Yukon
Drilling at the Valley deposit on the Rogue Project in Yukon returned 1.19 g/t Au over 351.6 m from bedrock surface in hole V-24-099, including 166.1 m at 2.05 g/t Au, and 1.05 g/t Au over 356.0 m from surface in hole V-24-101, including 102.0 m at 2.07 g/t Au. Seven reported holes span a roughly 600 by 450 m footprint, with all showing continuous mineralization over at least 200 m downhole. Assays remain pending for more than 11,600 m in 29 holes across three targets on the Rogue and Einarson projects.
Drill resultsSnowline Gold Congratulates Fireweed Metals on Strategic Funding and Highlights Infrastructure Benefits for Region
Fireweed Metals Corp. has secured up to C$35.4 million in government funding for its Macmillan Pass projects in Yukon, including up to C$12.9 million from Canada's Critical Minerals Infrastructure Fund for road and power infrastructure planning along the North Canol Road corridor, and up to US$15.8 million (~C$22.5M) from the US Department of Defense for the Mactung tungsten deposit. Snowline notes the North Canol Road lies roughly 75 km from its Valley gold deposit.
FinancingSnowline Gold Intersects 386.0 M of 1.1 Grams Per Tonne Gold from Surface Including 120.5 M Of 2.0 Grams Per Tonne Gold with Additional Strong Intersections Near Edges of Valley Resource
Drilling at the Valley deposit on the Rogue Project in Yukon returned 1.08 g/t Au over 386.0 m from surface in hole V-24-096, including 2.00 g/t Au over 120.5 m from 139.0 m downhole, and 0.65 g/t Au over 604.5 m from surface in V-24-095, including 1.13 g/t Au over 160.5 m, with the bottom 189.5 m of that interval outside the current mineral resource estimate. Assays remain pending for more than 15,000 m in 38 holes across four targets. The company also granted 360,000 restricted share units and 100,000 deferred share units.
Drill resultsSnowline Gold Receives the Robert E. Leckie Award for Excellence in Environmental Stewardship for Second Consecutive Year
The 2024 Robert E. Leckie Award for Excellence in Environmental Stewardship was received from the Government of Yukon, the second consecutive year Snowline Gold has won it, presented at the 2024 Yukon Geoscience convention in Whitehorse. Recognized work included progressive reclamation, clean-ups of historical third-party sites, and the first phase of a two-phase cleanup of the historical Plata mine staging area, located about 8 km west of the Rogue Project on third-party claims.
CorporateSnowline Gold Intersects 380.4 M of 1.1 Grams Per Tonne Gold and 219.1 M of 1.4 Grams Per Tonne Gold From Surface at Valley, Rogue Project, and Identifies 500 M Gold and Silver Anomaly on Cynthia Project
Drilling at the Valley deposit on the Rogue Project in Yukon returned 1.06 g/t Au over 380.4 m from surface in hole V-24-091, including 2.00 g/t Au over 51.0 m, with mineralization extending outside the current resource constraint, and 1.40 g/t Au over 219.1 m from surface in V-24-088, including 2.11 g/t Au over 72.0 m. At the Cynthia project, talus fine sampling outlined a 500 x 200 m gold-silver anomaly, with an 8.0 m chip sample across a dike averaging 0.58 g/t Au and 45.0 g/t Ag. Assays are pending for over 21,400 m in 37 holes across five targets.
Drill resultsSnowline Gold Builds on Near Surface Mineralization with 2.1 Grams Per Tonne Gold Over 433.5 M at its Valley Deposit, Yukon and Initiates Clean-up Project on Historic Mining Site
Drilling at the Valley deposit on the Rogue Project in Yukon returned 2.10 g/t gold over 433.5 m in hole V-24-081, including 3.42 g/t over 96.5 m and 3.20 g/t over 50.5 m, while hole V-24-084 returned 1.31 g/t over 273.2 m, including 2.18 g/t over 120.7 m from surface. Assays remain pending for more than 24,600 m in 45 holes across six targets at the Rogue and Einarson projects. Phase I reclamation at the historical Plata staging area was completed in September.
Drill resultsSnowline Gold Drills 6.0 Grams Per Tonne Gold Over 101.0 M in Broader Interval of 4.1 Grams Per Tonne Gold Over 244.9 M from Surface at its Valley Deposit, and Identifies Two New Gold Targets
Hole V-24-078 at the Valley deposit, Rogue Project, Yukon, returned 4.05 g/t Au over 244.9 m from surface, including 5.99 g/t Au over 101.0 m. Two new targets were identified: Charlotte, a reduced intrusion-related gold system on the Rogue Project around a 1.6 km x 300 m granodiorite pluton with grab samples up to 28.4 g/t Au, and Galatea on the Einarson Project, a 1.3 km quartz-carbonate float train with grabs to 6.11 g/t Au. Assays are pending for over 22,500 m across seven targets.
Drill resultsSnowline Gold Expands Valley Footprint with 435.0 M of 1.6 Grams Per Tonne Gold on its Rogue Project, and Drills 6.3 M of 6.9 Grams Per Tonne Gold at its Jupiter Target, Einarson Project, Yukon
Hole V-24-077 at the Valley deposit on the Rogue Project, Yukon, returned 1.61 g/t gold over 435.0 m from 120 m downhole, including 2.39 g/t over 150.5 m and 7.62 g/t over 20.0 m, along the northeastern edge of the current resource-constraining pit shell. At the Jupiter target on the Einarson Project, hole J-24-022 returned 6.88 g/t gold over 6.3 m, including 13.9 g/t over 2.0 m, in a 170 m step-back. Assays are pending for over 21,000 m across seven targets.
Drill resultsSnowline Gold Drills 471.6 M of 2.4 Grams Per Tonne Gold from Surface and 325.0 M of 2.6 Grams Per Tonne Gold from Surface, Highlighting Strong Grade Continuity at its Valley Deposit, Rogue Project
Drilling at the Valley deposit on the Rogue Project in Yukon returned 471.6 m averaging 2.38 g/t Au in hole V-24-075, including 302.1 m of 3.20 g/t Au from bedrock surface, exceeding initial resource block model predictions by 18% overall and 140% outside the current pit shell; hole V-24-073 returned 325.0 m at 2.57 g/t Au, including 136.0 m at 4.84 g/t Au from surface. Three holes totalling 1,184 m were completed in first-ever drilling at the Aurelius target, with assays pending, and an updated NI 43-101 technical report was filed for the Einarson Project.
Drill results2024 Snowline Gold Annual General Meeting
The annual general and special meeting of shareholders will be held on Tuesday, August 27, 2024. Meeting materials, including the notice of annual general and special meeting, form of proxy, notice of meeting and information circular, and return card, are available for viewing and download.
CorporateSnowline Gold Files Updated NI 43-101 Technical Report for its Rogue Gold Project
An updated NI 43-101 Technical Report for the Rogue gold project in the eastern Selwyn Basin, Yukon, has been filed with an effective date of May 15, 2024, supporting the initial mineral resource estimate for the Valley deposit disclosed on June 17, 2024. Over 16,000 m of a planned 25,000+ m 2024 drill program has been completed with five rigs active, including roughly 12,500 m at Valley, 2,000 m of 4,000 m at Jupiter, 1,067 m at Cujo, and over 400 m at Aurelius.
Study resultsSnowline Gold Drills 404.8 M of 2.3 Grams Per Tonne Gold Including 100.8 M of 4.7 Grams Per Tonne Gold from Surface, Outperforming Valley Deposit Initial Resource Estimate in First Holes Of 2024
Drill results from the first two holes of the 2024 program at the Valley deposit, Rogue Project, Yukon: hole V-24-071 returned 1.77 g/t Au over 449.7 m from surface, including 169.2 m of 2.89 g/t Au, exceeding initial mineral resource estimate block model predictions by 36% overall; hole V-24-072 returned 2.27 g/t Au over 404.8 m, including 100.8 m of 4.67 g/t Au from surface. Assays are pending for a further 13,000 m drilled, including four holes at the Jupiter target on the Einarson Project, where visible gold was seen in a 174 m step-out. Snowline also reported early exercise of 1,171,146 warrants for proceeds of CDN $2,927,865.
Drill resultsSnowline Gold Announces Initial Mineral Resource at its Valley Gold Deposit
An initial mineral resource estimate for the Valley gold deposit on the 100%-owned Rogue Project in Yukon, Canada, reports indicated resources of 76 Mt at 1.66 g/t Au for 4.05 Moz gold and inferred resources of 81 Mt at 1.25 g/t Au for 3.26 Moz gold, constrained within a revenue factor 0.72 pit shell at a 0.40 g/t Au cut-off, with an effective date of May 15, 2024, based on 27,911 m of drilling in 68 holes. A technical report will be filed within 45 days, and three drills are active at Valley with roughly 4,000 m drilled to date.
Resource updateSnowline Gold Adds Project Development Expertise to Board With Addition of Gil Lawson
Gil Lawson has been appointed to Snowline Gold's board as an independent director, effective immediately. Lawson is a mining professional engineer with over 38 years of experience in project development, mine planning and mine management, including senior roles at Placer Dome, De Beers Canada and Goldcorp, COO of TMAC Resources, interim general manager of Kinross's Tasiast Mine, and COO of Calibre Mining's Valentine Gold Project. He previously served as an independent director of Great Bear Resources.
ManagementSnowline Gold Mobilizes Field Crews for Fully Funded 25,000 Metre Drill Program, Company’s Largest Exploration Campaign to Date
Field crews have mobilized to the Rogue Project in Yukon for a fully funded 25,000+ metre, five-rig drill program, with 15,000+ metres at the Valley target and 10,000+ metres for first-pass and follow-up drilling at targets including Aurelius, Cujo, Reid, Gracie and Einarson's Jupiter (4,000+ metres). A second 50-person camp near Valley is expected functional by mid to late June 2024. Snowline also completed its 100% Einarson consolidation, issuing 1,012,000 shares, and bought the 76-claim NAD Property from Strategic Metals for C$50,000 plus a 2% NSR.
Drill resultsSnowline Gold Discovers Four New Reduced-intrusion Related Gold System Targets at its Rogue And Cynthia Projects, Yukon, with Visible Gold in Outcrop Samples to 86.5 Grams Per Tonne Gold
Four new reduced intrusion-related gold system targets have been identified from 2023 surface exploration — Livia, Ramsey and Duke on the Rogue Project and Sydney on the adjacent Cynthia Project, Yukon. Continuous outcrop chip samples returned 5.12 g/t Au over 3.3 m, including 0.3 m at 14.40 g/t Au, at Livia, and 2.93 g/t Au over 2.0 m at Sydney. At Ramsey, a visible-gold quartz vein grab sample with bismuthinite returned 86.5 g/t Au.
Drill resultsSnowline Gold Completes Oversubscribed C$31.9 Million Financing
A bought-deal private placement of 3,685,750 charity flow-through shares at C$7.80 each closed for gross proceeds of C$28,748,850, including C$3,749,850 from full exercise of the underwriters' option. A concurrent non-brokered placement of 405,000 flow-through shares raised a further C$3,159,000, with existing shareholder B2Gold subscribing to maintain its 9.9% interest. The C$31,907,850 total will fund Canadian exploration expenses on Snowline's Yukon projects by December 31, 2025, renounced to subscribers effective December 31, 2024.
FinancingSnowline Gold Consolidates 100% of its Einarson Project and Acquires Adjacent Gold Target with Historical Drill Result of 9.7 Grams Per Tonne Gold Over 38.7 M
A purchase agreement will consolidate 100% ownership of the Einarson Project in Yukon by acquiring a privately held 30% interest in 3,003 mineral claims (~61,000 ha), plus a 100% interest in the adjacent Venus target, where 2012 drilling returned 9.67 g/t Au over 38.7 m, including 30.64 g/t Au over 6.4 m. Consideration is C$1,200,000 cash and 1,012,000 shares, with a 2% NSR on Venus and up to seven C$1,000,000 resource bonus payments; closing is anticipated before May 15, 2024. Staking of 1,071 claims (~22,000 ha) brings Yukon holdings to over 360,000 ha.
AcquisitionSnowline Gold Corp. Announces C$25 Million Bought Deal Private Placement of Flow-through Shares
A bought deal private placement of 3,205,000 flow-through shares at $7.80 per share for gross proceeds of $24,999,000 has been agreed with Cormark Securities and BMO Capital Markets as co-lead underwriters. The underwriters hold an option for up to an additional 15% of the securities issued, exercisable up to 48 hours before closing. Proceeds will fund Canadian exploration expenses on Snowline's Yukon Territory projects by December 31, 2025, with closing expected on or about April 23, 2024.
FinancingSnowline Gold Announces Early Exercise of Warrants Adding C$12.5 Million to its Treasury
Early exercise of 5,000,000 warrants at C$2.50 each on March 28, 2024 delivered C$12.5 million to Snowline Gold, bringing its treasury to C$46.3 million. The warrants were held by Ana Maria Cox de Gubbins, who now owns or controls 16,120,000 common shares, or approximately 10.6% of the outstanding shares, up from 11,120,000 shares, or about 7.6%. Snowline holds eight projects covering over 333,000 ha in Yukon, including the Rogue gold project.
FinancingSnowline Gold Locates New Reduced-intrusion Related Gold Target With Outcrop Samples to 2.0 Grams Per Tonne Gold Over 17.0 M Within Open 2 Km Soil Anomaly at its Rogue Project, Yukon
A new reduced-intrusion related gold target, Aurelius, has been identified 12 km northwest of the Valley discovery on the Rogue Project in Yukon, with an open 2,000 m by up to 500 m zone of anomalous gold in soil and talus fines samples reaching 14.9 g/t Au. Two continuous outcrop chip samples about 235 m apart averaged 2.01 g/t Au over 17.0 m and 2.31 g/t Au over 14.0 m with 21.1 g/t Ag; true widths are unknown. Planned 2024 follow-up includes sampling, mapping, an airborne ZTEM survey and potential Phase I drilling.
Drill resultsSnowline Gold Announces Director Resignation
Gunther Roehlig has resigned as an independent director of Snowline Gold, effective immediately, to focus on other professional commitments, and will continue to support the company as a consultant. The Board is in the process of expanding its composition and aims to add an individual with advanced project or mine development expertise as the Rogue Project in Yukon advances from exploration to resource development.
ManagementSnowline Gold Strengthens Management Team with Appointment of Brian Hegarty as Vice President of Sustainability and External Relations
Brian Hegarty has been appointed Vice President of Sustainability and External Relations at Snowline Gold. He has more than 15 years' experience in Indigenous, environmental and regulatory affairs focused on mining in the Yukon, most recently as Vice President at C3 Alliance Corp, and previously with the Kudz Ze Kayah mine development and the Dena Nezziddi Development Corporation. The role will focus on advancing and de-risking the Valley target at the Rogue Project, including First Nations and government relations, advanced permitting and environmental baseline work.
ManagementSnowline Gold Drills 382.4 M of 2.1 Grams Per Tonne Gold Including 113.4 M of 3.5 Grams Per Tonne Gold from Surface Demonstrating Strong Continuity Along Strike at its Valley Target, Rogue Project, Yukon
Hole V-23-070 at the Valley target on the Rogue Project in Yukon returned 2.12 g/t Au over 382.4 m from bedrock surface, including 3.51 g/t Au over 113.4 m and 5.95 g/t Au over the top 24.9 m; it was the first hole drilled along strike to the southeast. Holes V-23-068 and V-23-069 returned 1.24 g/t Au over 384.6 m from surface and 1.01 g/t Au over 437.0 m, including 2.68 g/t Au over 60.3 m. Four holes at the Tosh Project returned 0.10 to 0.72 g/t Au over discrete intervals. Advanced metallurgical testing begins in Q1 2024.
Drill resultsSnowline Gold Intersects Strong Mineralization at Open Eastern Edge of its Valley Target, Rogue Project, Yukon, with Drill Results of 383.0 M At 2.0 Grams Per Tonne Gold from Surface Including 107.5 M of 4.0 Grams Per Tonne Gold
Drilling at the Valley target on the Rogue Project in Yukon returned 383.0 m averaging 2.00 g/t Au from surface in hole V-23-066, including 107.5 m of 3.95 g/t Au and 16.0 m of 7.52 g/t Au. Hole V-23-067 averaged 1.62 g/t Au over 418.4 m, including 2.91 g/t Au over 152.0 m, and V-23-065 averaged 1.14 g/t Au over 344.5 m, including 1.60 g/t Au over 177.5 m. Results are pending for 2,640 m from eight holes across the Rogue and Tosh projects.
Drill resultsSnowline Gold Expands Footprint of Widespread, Near-surface Mineralization with Drill Results up to 308.8 M of 2.2 Grams Per Tonne Gold Including 180.3 M of 3.2 Grams Per Tonne Gold from Surface at its Valley Target, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 2.15 g/t gold over 308.8 m in hole V-23-064, including 3.23 g/t Au over 180.3 m from surface, with the top 68.3 m averaging 5.03 g/t Au, filling a gap in prior drilling. Holes V-23-062 and V-23-063 in the northwestern part of the target returned 1.41 g/t Au over 417.0 m and 1.59 g/t Au over 342.0 m, both from surface. Assays for 3,850 m from 11 holes across the Rogue and Tosh projects remain pending.
Drill results
202331 releases
Snowline Gold Provides Summary of Milestone Year and Looks Ahead to 2024
A 2023 year-in-review reports 22,000 m of drilling across six targets in the Yukon, including 16,000 m at the Valley target on the Rogue Project, with highlight intervals of 2.48 g/t Au over 553.8 m (V-23-039) and 2.46 g/t Au over 519.6 m (V-23-061), both from surface. Metallurgical tests returned average recoveries of 94.1% bottle roll cyanidation, 95.4% flotation and 95.7% carbon-in-leach on 75-micron grinds. The company raised $35.7M, holds over $35M in treasury, and B2Gold built a 9.9% stake. Roughly 25% of 2023 Valley drill results are pending in early Q1 2024, with three drills on site and a fourth planned for 2024.
CorporateSnowline Gold Announces Annual Grant of Equity Incentive Awards
A total of 2,470,000 options and 51,825 restricted share units have been granted to employees, consultants, directors and officers under Snowline Gold's Omnibus Incentive Plan. The options carry an exercise price of $4.92 per share and expire five years from the grant date, with the awards subject to vesting provisions.
CorporateSnowline Gold Intersects 519.6 M of 2.5 Grams Per Tonne Gold Including 265.6 M of 3.6 Grams Per Tonne Gold From Surface in Strongest Near-surface Interval to Date at its Valley Target, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 2.46 g/t gold over 519.6 m from surface in hole V-23-061, including 3.60 g/t Au over 265.6 m and 6.47 g/t Au over 47.5 m from 149.0 m downhole. Holes V-23-059 and V-23-060 in the southeast extension returned 1.01 g/t Au over 429.6 m from surface (including 1.91 g/t Au over 133.0 m) and 1.02 g/t Au over 109.5 m. Assays remain pending for 5,475 m from 16 holes.
Drill resultsSnowline Gold Intersects 2.5 Grams Per Tonne Gold Over 128.2 M from Surface Within 285.2 M Of 1.4 Grams Per Tonne Gold at its Valley Zone, Rogue Project, Yukon
Drilling at the Valley Zone of the Rogue project in Yukon returned 1.45 g/t gold over 285.2 m in hole V-22-014, including 2.48 g/t gold over 128.2 m from bedrock surface, in a 160 m step-out from the nearest previously reported hole. Full results for V-22-007 averaged 1.89 g/t gold over its entire 410.0 m length. Assays remain pending for 24 of 32 holes, or 10,530 m of the 13,320 m drilled at Valley and Gracie in 2022; total 2022 meterage was corrected from 14,495 m.
Drill resultsSnowline Gold Intersects 372.9 M of 1.5 Grams Per Tonne Gold Including 212.4 M Of 2.1 Grams Per Tonne Gold from Surface Highlighting Strong Grade Continuity at its Valley Target, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 372.9 m averaging 1.45 g/t Au in hole V-23-056, including 2.07 g/t Au over 212.4 m from surface, and 359.4 m averaging 1.34 g/t Au from surface in hole V-23-055, including 1.71 g/t Au over 132.5 m. V-23-055 extends near-surface >1 g/t Au mineralization by over 100 m. Satellite drilling at Cujo averaged 0.11 g/t Au over 407.4 m; assays for 8,300 m from 21 holes remain pending.
Drill resultsSnowline Gold Receives the Robert E. Leckie Award for Excellence in Environmental Stewardship
The 2023 Robert E. Leckie Award for Excellence in Environmental Stewardship was received from the Government of Yukon, presented November 20 at the Yukon Geoscience convention in Whitehorse. The awards committee cited progressive reclamation of surface disturbances, drill pad optimization, cleanup of an abandoned third-party exploration camp, and projects with Yukon Seed and Restoration, a First Nation of Nacho Nyak Dun majority-owned business. Snowline's main exploration camp is primarily powered by a 27.5 kW solar array leased from Nacho Nyak Dun Development Corporation.
CorporateSnowline Gold Intersects 424.0 M of 1.4 Grams Per Tonne Gold from Surface Including 186.5 M Of 1.9 Grams Per Tonne Gold Adding New Mineralized Extension to Valley Target, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 424.0 m averaging 1.43 g/t gold from bedrock surface in hole V-23-054, including 186.5 m at 1.85 g/t gold, with a second interval of 40.5 m at 0.54 g/t gold to the end of hole at 497.0 m. Hole V-23-053 returned 387.0 m at 1.04 g/t gold, including 153.0 m at 1.61 g/t gold. Assays remain pending for more than 11,400 m from 31 holes across five targets.
Drill resultsSnowline Gold Further Extends Primary Mineralization at its Valley Discovery with Drill Results Of 539.4 M of 1.2 Grams Per Tonne Gold from Surface Including 151.5 M of 2.4 Grams Per Tonne Gold
Drilling at the Valley target on the Rogue Project in Yukon returned 539.4 m averaging 1.20 g/t gold from surface in hole V-23-049, including 151.5 m at 2.41 g/t, and 423.3 m averaging 1.08 g/t from surface in V-23-050, including 252.0 m at 1.45 g/t. Over 15,000 m has been drilled at Valley in 2023 across 36 holes, with results pending for 19 Valley holes plus 12 holes on other targets. Cliff Project drilling returned up to 6.64 g/t gold over 1.9 m.
Drill resultsSnowline Gold Intersects 256.2 M of 2.2 Grams Per Tonne Gold and 517.9 M Of 1.1 Grams Per Tonne Gold, Both From Surface, at its Valley Discovery, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 2.20 g/t Au over 256.2 m in hole V-23-048, including 3.28 g/t Au over 100.2 m from surface with the top 30.2 m averaging 5.03 g/t Au, and 1.14 g/t Au over 517.9 m from surface in hole V-23-045. All ten holes reported encountered mineralization, with nine inside the intrusion returning continuous intervals of 143.2 m to 517.9 m. Results for a further 19 holes (7,116 m) are pending, with two rigs still drilling at Valley.
Drill resultsSnowline Gold Completes Oversubscribed C$16.5 Million Financing
A bought deal private placement of 2,200,000 flow-through common shares at C$7.50 per share has closed for gross proceeds of C$16.5 million, including C$1.5 million from the exercise of the underwriters' option. B2Gold Corp. participated to maintain its 9.9% interest. Proceeds will fund Canadian exploration expenses on the Company's Yukon Territory projects, including the Rogue Project's Valley discovery, by December 31, 2024, with renunciation effective December 31, 2023. Cormark Securities led the syndicate, which also included SCP Resource Finance.
FinancingSnowline Gold Files Updated Technical Report for the Rogue Gold Project, Yukon
An independent NI 43-101 technical report on the Rogue Gold Project in Yukon's Mayo Mining District has been filed on SEDAR+, dated June 13, 2023 with an effective date of May 15, 2023 and prepared by consulting geologist Jean Pautler, P.Geo. The report supports scientific and technical information relating to Rogue and contains no material differences from information disclosed in Snowline's May 2, 2023 news release. The Valley target remains an early-stage exploration target without a resource estimate.
Study resultsSnowline Gold Corp. Announces C$15.0 Million Bought Deal Private Placement of Flow-through Shares
A bought deal private placement of 2,000,000 flow-through charity shares at $7.50 each for gross proceeds of $15,000,000 has been agreed with a syndicate led by Cormark Securities Inc., with a 15% underwriters' option exercisable up to 48 hours before closing. Proceeds will fund Canadian exploration expenses on the Company's Yukon Territory projects on or before December 31, 2024, with renunciation effective December 31, 2023. Closing is expected on or about September 6, 2023, subject to TSX Venture Exchange acceptance.
FinancingSnowline Gold Intersects 553.8 M of 2.5 Grams Per Tonne Gold from Surface Including 5.0 Grams Per Tonne Gold Over 132.0 M Along With Robust Mineralization at Depth at Valley, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project in Yukon returned 2.48 g/t Au over 553.8 m from surface in hole V-23-039, including 4.98 g/t Au over 132.0 m from 6.0 m downhole, plus a deeper interval of 2.03 g/t Au over 233.0 m from 287.0 m. Hole V-23-037, 115 m across strike, returned 2.47 g/t Au over 383.8 m from surface including 4.06 g/t Au over 120.0 m. Results for 19 further holes (7,116 m) are pending, with drilling ongoing.
Drill resultsSnowline Gold Intersects 414.5 M of 1.5 Grams Per Tonne Gold from Surface Including 143.5 M of 2.9 Grams Per Tonne Gold Extending Near-surface Well-mineralized Zone at Valley, Rogue Project, Yukon
Drilling at the Valley target on the Rogue Project, Yukon, returned 1.53 g/t Au over 414.5 m from bedrock surface in hole V-23-036, including 2.92 g/t Au over 143.5 m from 23.5 m downhole, extending the near-surface multi-gram-per-tonne corridor about 75 m southeast. Hole V-23-035 returned 1.01 g/t Au over 396.5 m from bedrock surface, plus 0.44 g/t Au over 40.1 m from 429.0 m. Over 8,000 m has been drilled at Valley in 2023, with results pending for all but three holes; a 2,000+ m program is underway at Gracie.
Drill results2023 Snowline Gold Annual General Meeting
The annual general meeting of shareholders will be held on Monday, August 14, 2022. Related materials, including the notice and access notification to shareholders, the form of proxy, and the notice of meeting and information circular, are available for viewing and download.
CorporateSnowline Gold Intersects 418.3 M of 1.9 Grams Per Tonne Gold from Surface Including 216.0 M of 3.1 Grams Per Tonne Gold in First Hole of Season at its Valley Discovery, Rogue Project, Yukon
Hole V-23-034, the first hole of the 2023 program at the Valley target on the Rogue Project in Yukon, returned 1.88 g/t gold over 418.3 m from bedrock surface, including 3.08 g/t Au over 216.0 m from 109.0 m downhole, or 4.12 g/t Au over 121.4 m from 158.0 m, with internal intervals of 6.38 g/t Au over 15.4 m, 5.23 g/t Au over 24.0 m and 4.74 g/t Au over 16.5 m, and a peak 0.8 m sample of 27.95 g/t Au. Drilling continues with three rigs, over 5,800 m and 13 holes completed at Valley in 2023; results are preliminary pending re-analysis of some sample batches.
Drill resultsSnowline Gold Reports Positive Results from Initial Metallurgical Testing of Rogue Project’s Valley Discovery with Gold Recoveries from 88% to 96%
Initial metallurgical testing on ten composite drill core samples from the Valley discovery at the Rogue Project, Yukon, returned gold recoveries of 81% to 98.6% across methods, averaging 86.7% for bottle roll cyanidation at 80% passing 1.0 mm, 94.1% at 75 microns, 95.7% for carbon-in-leach and 95.4% for flotation to a rougher concentrate. Composite grades ranged from 0.98 g/t to 4.35 g/t Au with sulphur of 0.11% to 0.45%. A third drill has started at Valley, with 1,927 m drilled in 2023.
Study resultsSnowline Gold Expands its Rogue Project 80% by Staking Open Ground Across Rogue Plutonic Complex and Activates Second Drill
Staking of approximately 40,000 additional hectares has expanded the 100%-owned Rogue Project in Yukon by about 80% to 94,397 hectares, covering nearly all remaining open ground over the Rogue Plutonic Complex, with further claims on the Cynthia, Einarson and Ursa projects lifting total Yukon holdings 20% to roughly 333,900 hectares. About 21% of the 2,530 new claims carry a 2% NSR. At Valley, hole V-23-034 returned 106 instances of visible gold in the top 337 m of the 425 m hole, assays pending, and a second rig has begun drilling.
CorporateSnowline Gold Announces On-market Transaction by B2gold Increasing Ownership Stake to 9.9%
B2Gold Corp. has increased its ownership stake in Snowline Gold to 9.90% through an on-market transaction. B2Gold has agreed to vote its common shares in accordance with the Snowline Board's recommendations, and Snowline has granted B2Gold an increased right to maintain its pro rata ownership of up to 9.90%, from the former 5.00%, in future equity financings.
CorporateSnowline Gold Purchases Mineral Property Portfolio with Historical Drill Results Of 2.1 Grams Per Tonne Gold Over 96.0 Metres on Intrusive Target Near Rogue Project’s Valley Discovery
Snowline Gold has acquired 92 mineral claims (roughly 1,920 ha) in 10 blocks within and adjacent to its Rogue Project in Yukon, Canada, from arm's-length vendors RST Klondike Discoveries Ltd. and Whistler Minerals Corp. for $1,000,000 cash plus 200,000 two-year warrants exercisable at $3.50, with a retained 1.0% NSR and up to two $1M bonus payments. The claims include the Reid target, where unverified 1996 drilling reported 2.1 g/t Au over 96.0 m within 234.7 m of 0.94 g/t Au, 8 km east of the Valley discovery. A three-hole, roughly 1,000 m Phase I drill program at Reid is planned.
AcquisitionSnowline Gold Commences 18,000+ Metre Drill Program on its Yukon Exploration Projects with Numerous Visible Gold Observations in Drill Hole
A 2023 exploration program of more than 18,000 metres of diamond drilling has begun across Snowline's Yukon projects, using four drills on at least five targets. About 15,000 m is planned at the Rogue Project, including 10,000 m at the Valley Zone and 5,000 m for Phase II drilling at Gracie and Phase I drilling of other targets, plus a roughly 3,000 line-km ZTEM survey. Visible gold was observed in 10 of the first 14 core boxes from Valley hole V-23-034, first seen at 12 m downhole. Phase I drilling on three or more other projects, including Tosh, Cliff, Rainbow and Olympus, is expected to start in mid-July.
Drill resultsDr. Craig Hart Receives The J.C. Sproule Northern Exploration Award for Excellence in Northern Exploration and Development
Snowline Gold's Chair, Dr. Craig Hart, received the 2023 J.C. Sproule Northern Exploration Award from the Canadian Institute of Mining, Metallurgy and Petroleum, presented May 3 at the CIM Convention in Montreal. The award recognizes achievement or contributions to the exploration and development of Canada's mineral resources in northern regions. Hart developed the reduced intrusion-related gold system deposit model while at the Yukon Geological Survey, which characterizes deposits including Snowline's Valley discovery on the Rogue Project in Yukon.
CorporateSnowline Gold Announces Listing on Tsx Venture Exchange and Outlines 2023 Rogue Project Field Program
Snowline Gold has received approval to list on the TSX Venture Exchange, with shares delisting from the Canadian Securities Exchange at the close on May 3 and beginning trading on the TSX-V under the symbol SGD on May 4. As part of the listing, an updated NI 43-101 technical report on the Rogue project in Yukon will be completed within 120 days. A C$14.2M exploration program at Rogue in 2023 includes a 15,000+ metre, three-drill campaign starting late May.
CorporateSnowline Gold Completes C$19.2 Million Financing and Strategic Investment by B2gold
A non-brokered private placement of 3,941,048 flow-through common shares at C$4.862 each closed for gross proceeds of C$19,161,375.38, structured as a charity donation arrangement in which B2Gold acquired the shares. Combined with 3,000,000 shares bought on the open market, B2Gold holds about 5.0% of Snowline and has been granted the right to maintain its pro rata interest in future equity financings. Proceeds will fund exploration on the company's Yukon Territory properties, with a hold period expiring July 29, 2023.
FinancingSnowline Gold Announces Strategic Investment by B2gold Through Non-brokered Private Placement
B2Gold has agreed to make a strategic investment in Snowline Gold, purchasing common shares on the back end of a non-brokered flow-through private placement of up to 3,941,048 flow-through shares at C$4.862 each for gross proceeds of up to C$19,161,375. Combined with 3,000,000 shares bought on the open market, B2Gold would hold about 5.0% of Snowline, with a right to maintain that pro rata level. Proceeds will fund exploration on Snowline's Yukon Territory properties, with closing expected on or about March 28, 2023.
FinancingSnowline Gold Intersects 161.0 M of 1.1 Grams Per Tonne Gold at its Valley Discovery and Confirms a Second Reduced Intrusion-related Gold System at its Rogue Project, Yukon
Hole V-22-030 at the Valley zone of the Rogue Project in Yukon returned 1.06 g/t gold over 161.0 m from 246.0 m downhole, within a broader 282.5 m interval averaging 0.73 g/t Au from 124.5 m; the hole ended in mineralization, with the final 66.0 m averaging 1.46 g/t Au and the final 21.0 m 1.93 g/t Au. Five holes totalling 2,152 m at Gracie, 4-5 km east, confirmed a second reduced intrusion-related gold system, including 19.45 g/t Au over 0.9 m in G-22-004. Phase 2 drilling at Gracie is planned for 2023.
Drill resultsSnowline Gold Further Strengthens Technical Team with Appointment of Vice President of Exploration
Thomas Branson, M.Sc., P.Geo., has been appointed Vice President of Exploration at Snowline Gold, after serving as the Company's Exploration Manager in 2022. Branson has 15 years of experience as an exploration geologist in the Yukon and British Columbia and has been involved in the management of over 190,000 cumulative metres of exploration and resource drilling. Other recent internal appointments include Sergio Gamonal as Chief Geologist, Steve Rennalls as Director of Operations and Stephanie Hansen as Director of Marketing and IR.
ManagementSnowline Gold Intersects 558.7 M of 1.3 Grams Per Tonne Gold from Surface Including 202.0 M Of 2.0 Grams Per Tonne Gold at its Valley Discovery, Rogue Project, Yukon
Hole V-22-029 at the Valley discovery on the Rogue Project in Yukon returned 1.26 g/t Au over 558.7 m from bedrock surface at about 4.4 m downhole, including 2.04 g/t Au over 202.0 m from 90.0 m, plus 0.81 g/t Au over 58.5 m from 630.5 m. The hole was a 207 m step-back from V-22-010 (318.8 m at 2.55 g/t Au) and is the longest mineralized interval drilled at Valley to date. Results are preliminary, with assays pending for three further Rogue holes.
Drill resultsSnowline Gold Appoints Calum Morrison to its Board
Calum Morrison has been appointed to Snowline Gold's Board of Directors as an independent director. Morrison was previously Vice President of Business Development and CFO of Great Bear Resources Ltd. and President and CEO of Great Bear Royalties Corp., and earlier worked in Teck Resources Limited's Corporate Development team. The Company granted him 500,000 incentive stock options exercisable at $2.17 per share for five years, vesting 20% every six months from the grant date.
ManagementSnowline Gold Intersects 363.5 M Of 1.4 Grams Per Tonne Gold from Surface Including 129.9 M of 2.0 Grams Per Tonne Gold at its Valley Discovery, Rogue Project, Yukon
Drilling at the Valley Zone on the Rogue project in Yukon returned 1.40 g/t gold over 363.5 m from bedrock surface in hole V-22-028, including 2.03 g/t Au over 129.9 m and 2.15 g/t Au over 42.3 m. Step-out hole V-22-019 returned 0.37 g/t Au over 201.5 m from 127.0 m, extending the strike length of potentially economic grades to 720 m, while V-22-020 averaged 0.25 g/t Au over its top 443.5 m. Assays remain pending for 7 of 32 holes, or 3,474 m of the 13,320 m drilled in 2022.
Drill resultsSnowline Gold Intersects 189.2 M of 1.2 Grams Per Tonne Gold Near Surface in 170 M Step-out and Commences Metallurgical Testing at its Valley Discovery, Rogue Project, Yukon
Drilling at the Valley Zone of the Rogue Project in Yukon returned 1.25 g/t gold over 189.2 m from bedrock surface at 10.8 m depth in hole V-22-026, within a broader interval of 0.90 g/t Au over 289.7 m, and 1.01 g/t Au over 250.0 m in V-22-027, within 0.69 g/t Au over 481.5 m. The results extend the near-surface mineralized corridor by 172 m to at least 550 m. Assays are pending for 13 of 32 holes (6,003 m of 13,320 m). Metallurgical testing of 10 composite samples of about 10 kg each has been initiated.
Drill results
202220 releases
Snowline Gold Reviews Transformative Year as it Looks Ahead to 2023
A year-in-review noting the Valley gold discovery on the Rogue project in Yukon, where drilling returned 318.8 m of 2.55 g/t Au from surface, including up to 4.1 g/t Au over 108.0 m, with 5,080 m of Valley assays and five holes (2,152 m) from Gracie still pending, expected Q1 2023. A $25.2 M non-brokered financing closed, leaving a $22.3 M treasury entering 2023, and the land position expanded 2.7x to over 280,000 ha. The board granted 2,350,000 stock options at $2.88 for five years.
CorporateSnowline Gold Intersects 338.0 M of 1.3 Grams Per Tonne Gold Including 207.0 M Of 1.8 Grams Per Tonne Gold at its Bulk Tonnage Valley Discovery, Rogue Project, Yukon
Drilling at the Valley Zone of the Rogue Project in Yukon returned 1.32 g/t gold over 338.0 m in hole V-22-032, including 1.72 g/t Au over 207.0 m, with the entire hole averaging 0.93 g/t Au over 532.7 m and ending in mineralized rock. Hole V-22-015, stepped back roughly 182 m from V-22-007, returned 1.18 g/t Au over 170.0 m within 0.65 g/t Au over 442.0 m. Assays remain pending for 17 of 32 holes (7,232 m of 13,320 m) drilled at Valley and Gracie in 2022.
Drill resultsSnowline Completes Acquisition of Nearby Project Portfolio
The previously announced acquisition of a portfolio of Yukon Territory exploration assets from StrikePoint Gold Inc. has closed, for $500,000 in cash and 500,000 Snowline common shares. The portfolio comprises ten gold properties in the Selwyn Basin, including the Golden Oly project, which covers at least seven reduced intrusion-related gold targets south of Snowline's Rogue project, along with geochemical, geophysical and geological datasets. The consideration shares are subject to hold periods expiring February 21, 2023 and April 20, 2023.
AcquisitionSnowline Gold Intersects 318.8 Metres of 2.5 Grams Per Tonne Gold Including 108.0 Metres of 4.1 Grams Per Tonne Gold from Surface at its Valley Zone, Rogue Project, Yukon
Hole V-22-010 at the Valley Zone of the Rogue Project in Yukon returned 2.55 g/t gold over 318.8 m from bedrock surface at 3.0 m downhole, including 4.14 g/t Au over 108.0 m; the entire hole averaged 2.18 g/t Au over 401 m. The hole was collared 180 m west of V-22-007 and expands the high-grade corridor southeast. Assays remain pending for 28.3 of 32 holes (13,182 m of 14,495 m) drilled at Valley and Gracie in 2022. Results are preliminary after 3 of 43 QA/QC insertions fell outside acceptable limits. Environmental baseline monitoring has begun at Valley.
Drill resultsSnowline Gold Doubles Yukon Mineral Holdings with Acquisition of Nearby Project Portfolio and Provides Exploration Update
Snowline Gold has agreed to acquire 4,713 mineral claims in the Yukon from StrikePoint Gold for $500,000 in cash and 500,000 common shares, with the claims subject to a 2% NSR and up to three $750,000 milestone payments at expenditures of $7,500,000, $15,000,000 and $25,000,000. The acquisition and staking bring its Selwyn Basin holdings to roughly 254,000 ha. Drilling at the Rogue project's Valley Zone totals 9,919 m this season, with assays pending for more than 22 holes.
AcquisitionSnowline Gold Intersects 2.3 Grams Per Tonne Gold Over 282.9 Metres at its Valley Zone and Commences Drilling at Gracie, Rogue Project, Yukon
Drill hole V-22-007 at the Valley Zone on the Rogue Project, Yukon, returned 2.30 g/t gold over 282.9 m from bedrock surface, including 3.24 g/t Au over 146.0 m from 56.0 m, with assays pending for the bottom 127.1 m. Hole V-22-005 returned 1.52 g/t Au over 192.0 m from 132 m within 1.03 g/t Au over 331.3 m; V-22-006 averaged 0.23 g/t over 301.0 m. First drilling at Gracie began, with visible gold in G-22-001. Results are preliminary, as 7 of 74 QA/QC samples fell outside acceptable limits. In July–August 2022, 5,033,018 warrants were exercised for $2,611,205.75.
Drill resultsSnowline Gold Further Expands Mineralized Footprint of Valley Zone and Mobilizes Third Drill to its Rogue Project, Yukon
Gold-bearing sheeted quartz vein mineralization has been observed across a 700 m by 800 m area at the Valley Zone on the Rogue project in Yukon, with a central high-vein-density corridor up to 300 m wide, 600 m long and intersected to 430 m below surface, all open. Hole V-22-015 was mineralized over its entire 554 m length; roughly 5,200 m across 14 holes is complete and all 2022 assays are pending, with first results expected mid-August. A third drill has mobilized, and one rig will move to the Gracie Zone 4 km east for first-ever drilling in August.
Drill resultsSnowline Gold Announces Completion of Second Tranche of Non-brokered Private Placement for C$2.9 Million
The second tranche of a previously announced non-brokered private placement has closed, with 2,342,293 units issued at C$1.25 per unit for gross proceeds of C$2,927,866. Each unit includes one common share and one-half warrant exercisable at C$2.50 until August 2, 2024. Proceeds will fund exploration on Snowline's Yukon Territory properties and general working capital. Securities are subject to a hold period expiring December 3, 2022, and Crescat Capital LLC, a holder of over 10% of shares, participated under its pre-emptive right.
FinancingSnowline Gold Announces Agreement with Nacho Nyak Dun Development Corporation to Power Main Camp with Large-scale Solar Generator
A 5-year lease agreement with the Nacho Nyak Dun Development Corporation covers installation and use of a 27 kilowatt solar generator system at Snowline Gold's 45-person Forks camp on the Rogue Project in the eastern Yukon, within the Traditional Territory of the First Nation of Na-Cho Nyak Dun. Designed and built by Yukon-based Solvest Inc., the system could save up to 12,572 litres of diesel per season and cut camp generator carbon dioxide emissions by 90%. Installation is complete and the system is operational.
CorporateSnowline Gold Announces Completion of First Tranche of Non-brokered Private Placement for C$22.3 Million and Grants Stock Options
The first tranche of a non-brokered private placement closed for aggregate gross proceeds of C$22.3 million, comprising 7 million flow-through shares at C$1.40 and 10 million units at C$1.25, each unit including a half warrant exercisable at C$2.50 until July 22, 2024. Proceeds will fund exploration on Snowline's Yukon Territory properties. A second and final tranche of 2,342,293 units for C$2,927,866.25 is expected to close on or around August 2, 2022. The board also granted 1,000,00 stock options exercisable at $1.76 over five years.
FinancingSnowline Gold Announces Non-brokered Private Placement for Gross Proceeds of C$25.23 Million
A non-brokered private placement has been arranged for gross proceeds of up to C$25,227,866.25, comprising up to 7,000,000 flow-through shares at C$1.40 for up to C$9,800,000 and up to 12,342,293 units at C$1.25 for up to C$15,427,866.25, with each unit including a half warrant exercisable at C$2.50 for two years. Proceeds will fund exploration on Snowline's Yukon Territory properties and general working capital. Closing is expected in two tranches, on or about July 22, 2022 and August 2, 2022.
FinancingSnowline Gold Encounters Widespread Mineralization in 340 Metre Step-out at its Valley Zone and Mobilizes Second Drill
Drill hole V-22-007 at the Valley Zone of the Rogue Project in Yukon encountered nearly continuous sheeted quartz vein mineralization over 415 m from bedrock surface at 4 m, with 26 instances of trace visible gold from 19 m to 388 m depth; the hole is a 340 m along-strike step-out from 2021 hole V-21-003, which returned 168.65 m averaging 1.25 g/t Au. A second drill completed V-22-008, intersecting sheeted quartz veins from 190.7 m to 292 m, over 460 m from the nearest hole. Assays for all four 2022 holes are pending.
Drill resultsSnowline Gold Provides Exploration Update on its Valley Drill Program, Rogue Project, Yukon
The first hole of the 2022 program at the Valley Zone on the Rogue project in Yukon, V-22-005, intersected thin (1-60 mm) sheeted quartz veins from bedrock surface to its current depth of 233 metres as of June 12, 2022, with trace visible gold observed in seven veins between 39 and 220 metres downhole. The collar is a 154-metre step-back from 2021 hole V-21-003, which returned 1.25 g/t Au over 168.7 m from surface, expanding the known surface width of the zone by roughly 150 metres. Drilling continues and assays are pending; Snowline plans 3,000 m or more at Valley in 2022 and first drilling at Gracie mid-season.
Drill resultsSnowline Gold Commences 8,000 Metre Drill Program on its Flagship Yukon Projects
Drilling has begun on a 2022 program budgeting at least 8,000 metres across four or more zones at Snowline's Yukon projects. Phase II drilling is underway at the Valley zone on the Rogue project with hole V-22-005, a 150 m step back from V-21-003, which intersected 1.25 g/t Au over 168.7 m from surface. Roughly 3,000 m are planned at Rogue's Valley and Ridge zones, 3,000 m at Einarson's Jupiter zone, and 2,000 m or more for first-ever drill testing of targets including Gracie.
Drill resultsSnowline Gold Expands its 100% Owned Flagship Projects Through Staking and Constructs 45-person Camp
1,172 new claims covering 23,229 hectares were staked on the Rogue, Cynthia and Einarson projects in east central Yukon, increasing Snowline's total holdings by 22% to 127,310 hectares across seven projects. Rogue expanded 2.4 times to 22,045 hectares and Cynthia expanded 2.9 times to 14,326 hectares. Construction has begun on a 45-person camp between the Jupiter and Valley discoveries, permitted for five field seasons and adjacent to the Forks airstrip, with staff arriving May 27 and drilling scheduled to start June 1. Certain new claims within defined areas of interest carry a 2% NSR to 18526 Yukon Inc., 40% owned by CEO Scott Berdahl.
Corporate2022 Snowline Gold Annual General Meeting
The 2022 annual general meeting of shareholders will be held on Thursday, May 19, 2022. Meeting materials, including the notice and access notification to shareholders, form of proxy, and notice of meeting and information circular, are available for viewing and download.
CorporateSnowline Gold Further Strengthens its Management Team
Sergio Gamonal has been appointed Lead Geologist and Stephanie Hansen has been appointed Marketing and Investor Relations Manager at Snowline Gold. Gamonal brings over 15 years' exploration experience, most recently as Barrick Gold's country Exploration Manager for Argentina and then Chile, following more than 10 years with Kinross; Hansen brings nearly 10 years' marketing experience. Snowline holds seven Yukon projects covering more than 106,000 ha, including the 72,000 ha Einarson and Rogue gold projects.
ManagementSnowline Gold Locates 5.1 Km Long Trend of Anomalous Gold-in-soils Grading to 1.7 G/T Au at Gracie, Rogue Project, Yukon
Late-season 2021 contour soil and talus fine sampling at the Gracie target on the Rogue project in Yukon returned anomalous gold over a 5.1 km north-south trend, with values up to 1.71 g/t Au; 43 samples within a 1,600 x 800 m central area averaged 0.49 g/t Au, including 8 above 1 g/t Au, with bismuth to 287 ppm and tellurium to 7 ppm. Gracie lies 4 km east of the 2021 Valley discovery, where a 3,000 m drill program is planned for 2022. The Board also granted 350,000 stock options at $0.80 for five years from March 8, 2022.
Drill resultsSnowline Gold Expands Valley Gold Mineralization to >2 Km with Discovery of Ridge Zone on its Rogue Project, Yukon
Surface sampling has defined the new Ridge zone, a 1.0 km stretch of anomalous gold on the northeast edge of the Valley intrusion at the Rogue project in Yukon, extending Valley gold mineralization to more than 2 km. Eighteen continuous contour soil and talus fine samples over 750 m averaged 0.21 ppm Au, with values up to 0.758 ppm Au; check assays of arsenopyrite vein material returned up to 58.4 g/t Au against historical grabs up to 152 g/t Au. With over C$8.5 million in treasury, Snowline plans an 8,000+ m, two-drill 2022 program, including 3,000+ m at Valley.
Drill resultsSnowline Gold Celebrates First Anniversary – A Letter from the Board
A shareholder letter marking the company's first year of trading on the CSE since March 1, 2021 reviews 2021 results, including the Jupiter discovery at Einarson with intercepts to 13.2 g/t Au over 6.5 m across a 1.1 km strike length, and the Valley discovery at Rogue with intercepts to 1.25 g/t Au over 168.7 m. The Yukon company raised $15.8 M CAD, expanded its land position 47% to 104,000 ha, and drilled 5,100 m versus 3,000 m planned. With over $8.5 M in treasury, 2022 plans include at least 3,000 m each at Jupiter and Valley plus 2,000 m on untested targets.
Corporate