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Snowline Gld - SNWGF STOCK NEWS

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SNOWLINE GOLD CORP (TSX-V:SGD) (OTCQB:SNWGF) is a Yukon Territory-focused gold exploration company with a portfolio covering over 360,000 hectares. The company's flagship Rogue Project, spanning more than 110,000 hectares, has led to significant discoveries, including the Valley Deposit, a bulk tonnage reduced intrusion-related gold system. Snowline's recent achievements include completing a 'bought deal' private placement, discovery of new gold targets, and mobilizing a large-scale 2024 exploration and drilling program. With an experienced Board of Directors, independent geologists, and a clear focus on sustainable mining practices, Snowline is poised for further growth and success in the prolific Tintina Gold Province.

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Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) has secured a strategic investment from Crescat Capital LLC as part of a C$1,000,000 non-brokered private placement. The funds will support the Ursa gold and base metals project and a 1,500 metre diamond drill programme. This placement aims to enhance exploration in the Selwyn Basin, Yukon. Crescat will own approximately 6.7% of Snowline post-offering. The Ursa project showcases significant geochemical anomalies, indicating potential for substantial mineral discovery.

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Snowline Gold Corp. announced positive results from its Phase I drilling at the Jupiter Zone, with all nine holes intersecting a near-surface mineralized structure over a 230-meter strike length. Drilling has recovered 1,560 meters of core, with widths ranging from 0.2 to 21.7 meters, and assay results are pending. The initial findings suggest potential for an extensive gold-bearing system, with the company also advancing exploration at the Rogue Project. Full assay results are expected by mid-August, providing further insights into the mineralization's significance.

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Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) announced the appointment of Matthew Roma as Chief Financial Officer (CFO) and Corporate Secretary, effective immediately. With over 10 years of experience in financial management, predominantly within junior mining, Roma's expertise follows Natasha Tsai stepping down to pursue other opportunities. Additionally, the company granted 700,000 stock options to directors and consultants, exercisable at C$0.35 until July 2026. Snowline Gold continues to explore its significant portfolio in the Yukon Territory, focusing on its flagship Einarson and Rogue projects.

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Snowline Gold Corp. has announced its common shares' approval for trading on the OTCQB Venture Market, commencing under the symbol SNWGF. This upgrade reflects the company's commitment to high financial standards and governance. Snowline, focused on gold exploration in the Yukon Territory, holds a significant 7-project portfolio covering over 90,000 hectares. Its flagship projects, Einarson and Rogue, in the Selwyn Basin, are set for drilling in June 2021, tapping into a region known for substantial gold deposits.

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Snowline Gold Corp. (SNWGF) has initiated drilling at the Einarson gold project in Yukon, targeting the newly defined Jupiter zone, which is 3 km long and shows significant gold potential, with surface boulders assaying up to 25.2 g/t Au. The first drill program will consist of 1,500 meters of diamond drilling to assess mineralization along this promising structure. A second phase is planned to further explore other targets within the extensive 61,000 hectare property. Ongoing exploration efforts also include trenching and mapping at the Rogue project.

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Snowline Gold Corp. has announced a fully funded 2021 exploration program to begin in June, focusing on its Einarson and Rogue projects in Yukon, Canada. The drilling will target high-grade gold zones, with historical surface samples showing up to 152 g/t Au. The Yukon Government has approved Snowline's COVID-19 operational plan and awarded a $40,000 grant for initial exploration at the Ursa project. Exploration will also involve regional assessments to identify further mineralization opportunities across its seven-project portfolio.

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Snowline Gold Corp. has announced its 100% owned Ursa project in Yukon, covering 7,755 hectares. The project features a 9 km gold anomaly associated with pyrite in black shales and a 14 km trend of elevated zinc and other metals. Ursa's geological setting is comparable to the Sukhoi Log gold deposit, which hosts 67 million ounces of gold. The company plans exploration activities in 2021 to further assess these geochemical trends.

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Snowline Gold Corp. (OTC PINK:SNWGF) has appointed Dr. Craig Hart as Chairman of the Board, leveraging his extensive experience in mineral exploration and research. Dr. Hart previously led the Mineral Deposit Research Unit at UBC and has significant accomplishments in developing gold deposit models relevant to Snowline's projects. Shareholders approved all matters at the Annual General Meeting on May 4, 2021, including increasing board seats to 5 and reappointing Hay & Watson as auditors. Dr. Hart aims to enhance exploration efforts in the company's Einarson and Rogue projects in the Yukon Territory.

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Snowline Gold Corp. (SNWGF) has significantly expanded its land position in the Yukon by adding 18,864 hectares of mineral claims, bringing its total holdings to approximately 90,000 hectares. This strategic move enhances its footprint in the Selwyn Basin and supports ongoing exploration efforts across its Rogue, Rainbow, Cynthia, and Ursa projects. Snowline aims to further investigate high-priority targets with promising historical geochemical results, reinforcing its position in a burgeoning gold district.

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Snowline Gold Corp. announces updates on its 1,630-hectare Tosh Gold Project in Yukon, featuring promising mineralization with rock samples yielding up to 6.8 g/t gold and 1,146 g/t silver. The project includes extensive soil anomalies stretching over 2.1 km, with peaks of 5.8 g/t gold and 62.1 g/t silver. These findings showcase significant potential for advanced exploration and support the company's strategy to maximize shareholder value.

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FAQ

What is the current stock price of Snowline Gld (SNWGF)?

The current stock price of Snowline Gld (SNWGF) is $4.42 as of February 25, 2025.

What is the market cap of Snowline Gld (SNWGF)?

The market cap of Snowline Gld (SNWGF) is approximately 579.5M.

What is SNOWLINE GOLD CORP focused on?

SNOWLINE GOLD CORP is a Yukon Territory-focused gold exploration company with a portfolio covering over 360,000 hectares.

What are some of SNOWLINE GOLD CORP's recent achievements?

SNOWLINE GOLD CORP recently completed a 'bought deal' private placement, discovered new gold targets, and mobilized a large-scale 2024 exploration and drilling program.

Where is SNOWLINE GOLD CORP's flagship project located?

SNOWLINE GOLD CORP's flagship project, the Rogue Project, is located in the Yukon Territory and spans over 110,000 hectares.

What sets SNOWLINE GOLD CORP apart?

SNOWLINE GOLD CORP has an experienced Board of Directors, independent geologists, and a focus on sustainable mining practices, positioning the company for further growth and success.

What region does SNOWLINE GOLD CORP operate in?

SNOWLINE GOLD CORP operates in the prolific Tintina Gold Province, known for hosting multiple million-ounce-plus gold mines and deposits.
Snowline Gld

OTC:SNWGF

SNWGF Rankings

SNWGF Stock Data

579.54M
114.68M
27.66%
18.38%
Gold
Basic Materials
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Canada
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