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SNOWLINE GOLD CORP - 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) (US OTC:SNWGF) has announced a non-brokered private placement to issue up to 7,000,000 flow-through common shares at C$1.40 each, raising up to C$9.8 million, and up to 12,342,293 units at C$1.25 each, for total proceeds of C$15.4 million. Proceeds will support exploration in the Yukon Territory and for general working capital. The offering is expected to close in two tranches, with specific conditions and a four-month hold period. The company's projects are positioned within the Tintina Gold Province, offering potential for significant discoveries.

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Snowline Gold Corp. (CSE:GD, OTCQB:SNWGF) reports significant findings from drill hole V-22-007 at its Rogue Project's Valley Zone, encountering 415 m of intense mineralization including 26 visible gold instances. This drill represents a 340 m extension from previous drilling and confirms a robust mineralizing system. A second drill rig is now operational, having intersected mineralization in hole V-22-008, expanding the known mineralization footprint. Assay results for all holes are pending, indicating that while visual results are promising, full evaluations depend on the upcoming assays.

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Snowline Gold Corp. (OTCQB: SNWGF) reports significant mineralization in its first drill hole, V-22-005, at the Rogue project's Valley Zone in Yukon, Canada. The hole has intersected sheeted quartz veins with visible gold, expanding the known mineralized corridor by 150 metres. Drilling is ongoing, with assay results pending. CEO Scott Berdahl emphasized the encouraging initial findings, yet the true significance awaits the assay data. Snowline has a seven-project portfolio in the Yukon, highlighting its potential for gold discoveries.

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Snowline Gold Corp. announced the start of a significant 2022 exploration and drilling program at its Valley gold discovery in the Yukon, following a successful initial drilling season. A total of 8,000 metres of drilling is planned across multiple zones, including the Valley and Jupiter zones. The program aims to explore and expand known mineralization, with initial drilling focusing on areas previously identified as having high gold grades. Snowline aims to position itself as a key player in a potentially new gold district.

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Snowline Gold Corp. (OTCQB:SNWGF) has staked 1,172 new claims, enhancing its Yukon land position by 22% to approximately 127,310 hectares. This expansion spans three projects and aims to bolster exploration efficiency by connecting existing claims and covering additional geochemical anomalies. A new 45-person camp is under construction for the 2022 field season, with drilling set to commence on June 1. Snowline aims to solidify its first-mover advantage in a promising gold district, building on successful discoveries from 2021.

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Snowline Gold Corp. announces key appointments to its management team, naming Sergio Gamonal as Lead Geologist and Stephanie Hansen as Marketing and Investor Relations Manager. Gamonal, with over 15 years of experience at major mining firms like Barrick and Kinross, aims to leverage his expertise in advancing Snowline's gold exploration projects. Hansen, who has nearly a decade of marketing experience, will enhance the company's communication efforts to investors. These appointments are expected to bolster Snowline's strategic focus as it approaches its 2022 field season.

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Snowline Gold Corp. (SNWGF) reports significant geochemical assay results from its Rogue project in Yukon, revealing a 5.1 km zone with anomalous gold values up to 1.71 g/t Au at the Gracie target. Notable findings include 43 soil samples averaging 0.49 g/t Au, with 8 exceeding 1 g/t Au. This zone lies near a probable unexposed intrusion, only 4 km from the Valley discovery. An intact carapace presents a high-priority drill target for 2022. The findings encourage further exploration and surface sampling, enhancing the potential for a large, fertile gold system.

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Snowline Gold Corp. has announced the discovery of the Ridge zone, a 1.0 km area with significant gold concentrations adjacent to its Valley discoveries in the Yukon Territory. Surface sampling shows an average of 0.21 ppm Au, with values up to 0.758 ppm Au. This discovery enhances the bulk-tonnage potential of the Valley intrusion. The company plans a busy 2022 exploration season, supported by over $8.5M CAD in treasury, including an 8,000+ m drilling program to further explore its valuable discoveries.

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Snowline Gold Corp. reports significant gold intercepts from drill holes V-21-003 and V-21-004 at the Valley zone of its Rogue gold project in Yukon, Canada. V-21-003 returned 1.56 g/t Au over 125.0 m, while V-21-004 returned 0.90 g/t Au over 69.5 m. Both holes indicate broad zones of gold mineralization associated with visible gold in sheeted vein arrays. Snowline plans an extensive drill program in 2022 to explore the Valley discovery further, supported by a treasury of over $8.5 million CAD.

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Snowline Gold Corp. announced promising drill results from Phase I at its Valley zone in the Rogue gold project, Yukon. Hole V-21-001 revealed an average of 1.27 g/t Au over 108 m, contributing to a broader zone averaging 1.09 g/t Au over 135 m. The entire hole averaged 0.95 g/t Au. This follows the earlier results from Hole V-21-002, indicating continuity in gold grades. Two additional holes have also intersected similar mineralization, with assay results pending. The company is preparing for an expanded drilling program in 2022.

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FAQ

What is the current stock price of SNOWLINE GOLD (SNWGF)?

The current stock price of SNOWLINE GOLD (SNWGF) is $3.5675 as of December 20, 2024.

What is the market cap of SNOWLINE GOLD (SNWGF)?

The market cap of SNOWLINE GOLD (SNWGF) is approximately 566.3M.

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 GOLD CORP

OTC:SNWGF

SNWGF Rankings

SNWGF Stock Data

566.34M
114.67M
27.64%
17.55%
Gold
Basic Materials
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United States of America
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