Snowline Gld - SNWGF STOCK NEWS

Snowline Gold Corp. reported assay results from its Jupiter zone, revealing significant gold mineralization. Notably, hole J-21-015 intersected a sulphide-bearing quartz-carbonate vein averaging 13.7 g/t Au over 3.6 m, with a peak of 25.2 g/t Au over 0.95 m. This hole was 153 m northwest of previous discoveries. Assays for five additional holes are pending, including J-21-020, which encountered visible gold. The drilling suggests an expanding gold footprint, although definitive widths remain undetermined.

Snowline Gold Corp. (CSE:SGD, OTCQB:SNWGF) announced significant gold assay results from its Phase I drilling at the Jupiter zone, Einarson gold project, Yukon. The highlight includes drillhole J-21-012, which returned 13.9 g/t Au over 6 m, with further intervals showing 45.0 g/t Au over 1.5 m. Drilling revealed multiple mineralized structures across a broad zone. Results from nine additional holes are pending, including J-21-020, which reportedly contained visible gold. The upcoming data could bolster the potential of the Jupiter discovery and support further exploration activities.

Snowline Gold Corp. has acquired five claim blocks in Yukon Territory, increasing its land position by 18% to approximately 106,500 hectares. This acquisition includes a historical dataset showing a 350 x 200 m zone with gold soil samples exceeding 1 g/t Au, enhancing its Ursa trend to over 30 km. The company will pay $100,000 and issue 1 million shares over time to the vendors, with a 2% net smelter returns royalty. CEO Scott Berdahl highlights the strategic importance of these claims for potential gold and base metal discoveries.

Snowline Gold Corp. (US OTC: SNWGF) reported its first two drill holes at the Valley target in the Yukon, revealing trace visible gold over significant lengths of 161 m and 242 m. A 900 x 150 m soil anomaly associated with gold content was identified, with soil samples showing grades up to 3.36 g/t Au. The company's exploration efforts include soil sampling and identifying auriferous quartz veins, leading to positive prospects for a gold district in the Selwyn Basin. However, actual resource potential remains uncertain until assay results are obtained, projected to take 1-2 months.

Snowline Gold Corp. (SNWGF) reported significant drilling results from the Jupiter Zone at its Einarson project in Yukon. Notable findings from drill hole J-21-011 include high-grade gold intervals of 13.2 g/t Au over 6.5 m, and 10.4 g/t Au over 5.0 m. The average gold grade found across 163.5 metres is 1.14 g/t Au. The ongoing drilling phase is nearing completion, with results from additional holes pending, indicating the potential for a substantial gold system. The company aims to further explore its promising gold project portfolio.

Snowline Gold Corp. has appointed Scott Berdahl as its new Chief Executive Officer, effective immediately. Berdahl, previously the Chief Operating Officer, brings over 15 years of industry experience and advanced academic qualifications, including degrees from MIT and INSEAD. He is expected to strengthen the company's technical focus as it explores its key gold projects in the Yukon Territory, covering over 90,000 hectares. This leadership transition follows the departure of former CEO Nikolas Matysek, who contributed to the company’s foundation and growth.

Snowline Gold Corp. (CSE:SGD) (OTCQB:SNWGF) reported positive initial drill results from its Jupiter Zone at the Einarson project in Yukon, intersecting mineralization in all 15 holes drilled across a 930-metre soil anomaly. Notable findings include 3.96 g/t gold over a 7.05-metre interval in hole J-21-006 and 4.10 g/t gold over a 4-metre interval in hole J-21-007. Additional assays are pending for holes J-21-008 to J-21-011, which showed broader zones of mineralization. The results indicate the potential for a large, robust mineralizing system at Jupiter.

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) has successfully completed a non-brokered private placement, raising C$999,999.70 through the issuance of 2,857,142 Units at C$0.35 each. Each Unit includes one common share and half a warrant, exerciseable at C$0.53 until July 16, 2023. Proceeds will be used to advance the Ursa gold project. Crescat Capital maintains a pre-emptive right to retain its stake as long as it holds more than 2% of the shares. All securities are subject to a four-month hold period, expiring on November 17, 2021.