Snowline Gld Stock Price, News & Analysis

Snowline Gold (OTCQB:SNWGF) has announced the discovery of a new reduced-intrusion related gold system (RIRGS) called "Celestic" near its Valley gold deposit in Yukon. The discovery, located 27 km southwest of Valley, features gold-bearing quartz veins with samples yielding up to 11.7 g/t Au and a continuous chip sample returning 1.09 g/t Au over 4.0 meters.

The company's 2025 field program is advancing ahead of schedule with over 11,000 meters drilled across three targets. The program includes 8,000 meters at Valley, 2,500 meters at Jupiter, and 500 meters at Neptune. Snowline has expanded its development activities at Valley to support advancement towards a Prefeasibility Study, including geotechnical drilling, metallurgical testing, and environmental studies.

Snowline Gold (OTCQB:SNWGF) has announced positive results from its Preliminary Economic Assessment (PEA) for the Valley gold deposit in Yukon, Canada. The study projects 6.8 million ounces of gold production over a 20-year mine life, with robust economics including a C$3.37 billion post-tax NPV at a 5% discount rate (at US$2,150/oz Au) and a 25% internal rate of return.

The project features significant production metrics with 544,000 ounces average annual gold production in the first five years at an attractive all-in sustaining cost of US$569/oz. The initial capital requirement of C$1.7 billion has a projected payback period of 2.7 years. The PEA envisions a conventional open-pit mining operation processing 25,000 tonnes per day, with the potential to become one of Canada's largest undeveloped gold deposits.

Snowline Gold Corp (SNWGF) announces key leadership appointments and upcoming PEA results presentation for its Valley gold deposit. The company appointed Rob Doyle to the Board of Directors and elevated current board member Calum Morrison to President. Morrison will assist CEO Scott Berdahl in overseeing corporate activities while maintaining his director role. The company will release its Preliminary Economic Assessment for the Valley gold deposit on June 23, 2025, after market close, followed by a virtual presentation and Q&A session on June 24. These appointments follow recent additions to the executive team including Victor Vdovin as VP Engineering, Oliver Curran as VP Environment and Permitting, and Lauren McDougall as CFO. Rob Doyle brings over 25 years of international experience, notably serving as Pan American Silver's CFO for 18 years, while Morrison contributes nearly two decades of mining finance expertise, previously serving as VP Business Development and CFO at Great Bear Resources.

Snowline Gold Corp (SNWGF) has appointed Oliver Curran as Vice President of Environment and Permitting to strengthen its management team. Curran brings 25 years of environmental and project permitting experience, having worked with major mining companies including Inco, Baffinland Iron Mines, TMAC Resources, Agnico Eagle Mines, and Centerra Gold. He holds a BSc in Biology and Environmental Sciences from Trent University and an MSc from the University of Toronto. In his new role, Curran will lead environmental baseline studies and assessments for the Valley gold deposit's permitting advancement. His expertise in incorporating traditional knowledge into environmental monitoring and permitting solutions aligns with Snowline's principles.

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.