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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. (OTCQB: SNWGF) announced preliminary assay results from its Rogue Project, revealing that hole V-22-029 returned a significant 1.26 g/t Au over 558.7 m from surface, highlighting a robust mineralization. This includes a notable 2.04 g/t Au over 202.0 m, marking the longest mineralized intersection yet at the Valley zone. The results suggest substantial continuity of high-grade mineralization extending over 400 m deep. Further assays from three additional holes and surface results are pending, indicating potential for more discoveries.

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Snowline Gold Corp. has appointed Calum Morrison as an independent director. Morrison, a mining finance professional with nearly two decades of experience, previously served as Vice President of Business Development and CFO at Great Bear Resources Ltd., which was acquired by Kinross Gold Corp. for $1.8 billion. His experience in corporate strategy and capital markets will bring valuable insights to Snowline's board. The company granted Morrison 500,000 stock options at $2.17 per share. With a focus on gold exploration in Yukon, Snowline holds a significant land position aimed at advancing its projects in the Tintina Gold Province.

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Snowline Gold Corp. (CSE: SGD, OTCQB: SNWGF) announced significant assay results from its 2022 drilling program at the Valley Zone, Rogue Project, Yukon. Hole V-22-028 returned 1.40 g/t Au over 363.5 m from surface, with notable intervals of 2.03 g/t Au over 129.9 m and 2.15 g/t Au over 42.3 m. These results extend the known strike length of potentially economical gold grades to 720 m. Assays are still pending for 7 of 32 holes drilled, indicating further exploration potential in 2023.

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Snowline Gold Corp. (OTCQB: SNWGF) announced promising results from its 2022 drilling program at the Valley Zone, Rogue Project, Yukon. Hole V-22-026 returned 1.25 g/t Au over 189.2 m, and V-22-027 returned 1.01 g/t Au over 250.0 m, extending the mineralized core's length to 550 m. Assays for 13 of the 32 holes drilled remain pending, which could further enhance project economics. Additionally, metallurgical testing is underway to improve understanding of gold recovery. This indicates a solid potential for the Valley project, which is open for further exploration and future drilling in 2023.

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Snowline Gold Corp. (SNWGF) reflects on a transformative 2022, marked by a significant drill discovery at the Valley gold target and a successful $25.2 million financing. The company reported a 311% share price increase, validating its exploration strategies in Yukon’s Selwyn Basin. Key highlights include drilling 318.8 m of 2.55 g/t Au at Valley, establishing a solar energy partnership, enhancing its operational team, and expanding its land position to over 280,000 ha. With a treasury of $22.3 million, Snowline plans aggressive exploration for 2023, leveraging its recent successes to further its project goals.

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Snowline Gold Corp. (CSE:SGD, US OTCQB:SNWGF) reported significant preliminary assay results from its 2022 drilling program at the Rogue Project's Valley Zone, Yukon. Highlights include hole V-22-032, which returned 1.76 g/t Au over 207.0 m within a broader interval of 1.32 g/t Au over 338.0 m. Hole V-22-015 yielded 1.18 g/t Au over 170.0 m, indicating strong continuity and scale of the reduced intrusion-related gold system. Assays for 17 of 32 holes are pending, suggesting further potential. CEO Scott Berdahl emphasized the promising implications for economic viability.

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Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) announced promising drill results from its 2022 program at the Valley Zone, Yukon. Hole V-22-014 returned 1.45 g/t Au over 285.2 m, including 2.48 g/t Au over 128.2 m, demonstrating significant mineralization. Hole V-22-007 reported 1.89 g/t Au over 410.0 m. These findings showcase a robust and high-grade gold system, with assays still pending for 24 of 32 holes drilled. The company aims for further results soon, highlighting the potential for a large-scale gold discovery.

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Snowline Gold Corp. has successfully completed the acquisition of a substantial exploration asset portfolio from StrikePoint Gold Inc. The deal involves a cash payment of $500,000 and the issuance of 500,000 common shares, which are subject to hold periods. The acquisition enhances Snowline's existing portfolio in the Yukon's Selwyn Basin, adding ten gold properties, especially the 'Golden Oly' project, which hosts key gold targets. This strategic move is expected to accelerate exploration efforts and capitalizes on the company's expertise in gold systems.

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Snowline Gold Corp. reported promising assay results from its 2022 drilling at the Valley Zone, Rogue Project, Yukon. Hole V-22-010 intersected 2.55 g/t Au over 318.8 meters, including 4.14 g/t Au over 108.0 meters from bedrock surface, demonstrating high-grade mineralization continuity. Assays for 28.3 of 32 holes drilled remain pending. The company has initiated environmental monitoring and engaged a metallurgical consultant to evaluate gold recovery processes. With 91% of analytical results outstanding, Snowline remains optimistic about the project's potential.

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Snowline Gold's recent acquisition of a 10-property portfolio from StrikePoint Gold has effectively doubled its mineral tenure in the Selwyn Basin, Yukon, to approximately 254,000 ha. The $500,000 cash transaction, coupled with the issuance of 500,000 common shares, adds significant exploration potential targeting reduced-intrusion related gold systems. Ongoing drilling at the Rogue Project's Valley Zone continues to reveal promising gold assays, with notable intervals showing high-density quartz veins. This expansion enhances Snowline's exploration capabilities and potential for future discoveries.

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FAQ

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

The current stock price of Snowline Gld (SNWGF) is $4.655 as of February 26, 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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