Snowline Gld Stock Price, News & Analysis

Snowline Gold (SNWGF) has launched its 2025 exploration program with a fully funded 30,000-meter drilling campaign across its Yukon Territory projects. The program primarily focuses on advancing the Valley gold deposit, with 20,000 meters dedicated to deposit advancement and near-deposit exploration. This includes 5,000 meters of geotechnical and condemnation drilling to support future technical studies and permitting. The remaining 10,000 meters will target regional exploration across the Rogue, Cynthia, and Einarson projects. Additional work includes processing optimization, overburden characterization, hydrological studies, and environmental baseline surveys. The company will also conduct a 2,500 km airborne magnetic survey and satellite hyperspectral data collection to enhance their understanding of potential RIRGS (reduced-intrusion related gold systems) targets.

Snowline Gold Corp (SNWGF) reported a significant expansion in its Valley gold deposit's Mineral Resource Estimate in Yukon Territory, Canada. The updated estimate shows a 96% increase in Measured & Indicated resources to 7.94 million ounces of gold from 204 Mt at 1.21 g/t Au. The deposit includes Measured Resources of 69.7 Mt at 1.41 g/t Au (3.15 Moz) and Indicated Resources of 134.3 Mt at 1.11 g/t Au (4.79 Moz). Additionally, Inferred Resources stand at 44.5 Mt at 0.62 g/t Au (0.89 Moz). The resource remains open for expansion, with potential for additional higher-grade zones. A Preliminary Economic Assessment is expected in the coming weeks, suggesting strong potential for a long-life, high-quality gold mine.

Snowline Gold (TSX-V:SGD)(OTC:SNWGF) has announced key leadership changes with the appointment of Victor Vdovin as Vice President of Engineering and Lauren McDougall as Chief Financial Officer. McDougall will replace Matthew Roma, who will depart on May 4th, 2025, but continue as a consultant during the transition period.

Vdovin brings over 20 years of engineering experience from positions at Newmont, Goldcorp, and Centerra, holding an MSc in Applied Geotechnics and an MBA. McDougall, a CPA with 15 years of mining industry experience, previously served as CFO at NorthWest Copper Corp.

The company has awarded 175,000 restricted share units (RSUs) to officers, vesting over three years, and granted 300,000 stock options exercisable at $8.29 per share over five years with 2.5-year vesting.

Snowline Gold Corp (TSX-V:SGD)(OTC:SNWGF) has successfully completed a C$20,025,000 'bought deal' private placement, selling 1,875,000 charity flow-through common shares at C$10.68 per share. B2Gold Corp participated to maintain its 9.9% ownership stake.

The proceeds will be used for eligible Canadian exploration expenses qualifying as flow-through mining expenditures on the company's Yukon Territory projects, to be incurred by December 31, 2026, and renounced to subscribers by December 31, 2025.

The offering was led by Cormark Securities Inc. with a syndicate of underwriters receiving a 5% cash commission. Securities issued have a four-month hold period expiring August 4, 2025, pending TSX Venture Exchange final acceptance.

Snowline Gold Corp (SNWGF) has announced significant drill results from its Valley deposit at the Rogue Project, Yukon. The highlight includes hole V-24-119 intersecting 617.6 meters at 1.68 g/t gold from surface, including 202.0 meters at 3.24 g/t gold.

Key developments include:

• Six new drill holes (V-24-119 through V-24-124) showing strong gold mineralization
• An updated Mineral Resource Estimate planned for first half of 2025
• 90% increase in total drilling from 28km to 53km compared to 2024
• Initiation of first-ever Preliminary Economic Assessment (PEA) for the Valley deposit

The drilling campaign included approximately 25,000 meters across 55 holes in 2024, nearly double the previous drilling extent. The results demonstrate consistency of Valley's high-grade, near-surface core zone and further derisk the deposit. SRK Consulting has been engaged to conduct the PEA study.

Snowline Gold Corp (SNWGF) announces significant drilling results from its Valley deposit and Jupiter target in Yukon. At Valley, hole V-24-115 intersected 2.08 g/t Au over 15.5 m within a broader 100.5 m zone averaging 0.53 g/t Au, demonstrating mineralization 300m beyond the current resource. Hole V-24-117 showed strong continuity with 1.64 g/t Au over 112.5 m within a 242.5 m intersection averaging 1.14 g/t Au.

At the Jupiter target, located 30 km north of Valley, drilling returned impressive results including 20.94 g/t Au over 2.1 m within 9.45 m of 6.81 g/t Au, expanding mineralization 50m to depth. The company has pending assays for >2,500m from 6 holes from Valley deposit, with an updated Mineral Resource Estimate anticipated in Q1 or Q2 of 2025.

Snowline Gold Corp (SNWGF) has been awarded the Yukon Sustainability Award for Medium to Large Businesses at ECO Impact 2025. The award, presented through a partnership between ECO Canada and the Government of Yukon, recognizes businesses leading environmental initiatives and Indigenous collaboration.

The selection process involves a jury of industry, academic, and government professionals evaluating corporate sustainability practices, environmental management systems, and support for Yukon's climate change and green economy strategies. The award category applies to businesses with 11+ full-time employees operating in Yukon.

This recognition follows Snowline's previous achievements, including the Robert E. Leckie Award for Excellence in Environmental Stewardship in 2023 and 2024. The company's environmental initiatives include cleanup of historical exploration camps, renewable energy collaboration with Na-Cho Nyak Dun Development , and progressive reclamation practices.

Snowline Gold Corp (SNWGF) has announced significant drill results from its Valley deposit and Aurelius target on the Rogue Project, Yukon. The key highlight is Hole V-24-105, which returned 1.12 g/t Au over 466.6 m from surface, including 2.07 g/t Au over 154.0 m. Another notable result came from Hole V-24-111, yielding 1.05 g/t Au over 403.6 m from surface, including 1.90 g/t Au over 103.0 m.

The Aurelius target showed widespread alteration and anomalous gold mineralization in volcanic units, with elevated copper grades up to 0.07% over 120.5 m. The company has pending assays for >7,200 m from 17 holes across two targets at the Rogue and Einarson projects. These results will contribute to an updated Mineral Resource Estimate (MRE) for Valley anticipated in the coming months.

Snowline Gold Corp (SNWGF) has released a summary of its 2024 achievements and 2025 outlook. Key highlights include the release of an initial Mineral Resource Estimate (MRE) for its Valley deposit, showing 4.05 Moz Au Indicated at 1.66 g/t Au and 3.26 Moz Au Inferred at 1.25 g/t Au. The company completed >35,000m of drilling, including >25,000m at Valley, expanding the deposit's footprint.

With C$43.2M in treasury as of December 31, 2024, raised through a C$31.9M financing at 46% premium to market, Snowline is well-funded for 2025 operations. The company received environmental stewardship recognition and expanded its infrastructure with new camp facilities. Results for >11,600m from 29 holes (33% of 2024 drilling) remain outstanding. An updated MRE for Valley is planned for early 2025.