Snowline Gld Stock Price, News & Analysis

Snowline Gold reports that Fireweed Metals Corp. has secured significant government funding totaling up to C$35.4 million from Canada and the US Department of Defense. The funding includes C$12.9 million from the Canadian government for infrastructure development along the North Canol Road corridor. This infrastructure investment could potentially benefit Snowline's Valley deposit and the broader minerals district. The funding aligns with recent government initiatives studying a possible Yukon-British Columbia power grid connection.

Snowline Gold Corp (SNWGF) announced significant drilling results from its Valley deposit drilling campaign. Key highlights include:

- Hole V-24-096 intersected 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m
- Hole V-24-095 returned 604.5 m at 0.65 g/t Au from surface, including 160.5 m at 1.13 g/t Au

The results outperform the current mineral resource estimate block model and expand the known mineralized system. The company awaits analytical results from >15,000 m of drilling across 38 holes at four different targets on the Rogue and Einarson projects. An updated mineral resource estimate for Valley is planned for 2025.

Snowline Gold has been awarded the 2024 Robert E. Leckie Award for Excellence in Environmental Stewardship by the Government of Yukon for the second consecutive year. The recognition highlights the company's environmentally conscious exploration practices, including progressive reclamation and cleanup of historical mining sites. A significant achievement was the first phase of cleanup at the historical Plata mine staging area, which involved documenting, inventorying, and stockpiling abandoned equipment. The company's environmental initiatives also include drill pad reclamation, botanical inventories, native seed banking, aerial drill moves to reduce surface disturbance, and water quality monitoring at 11 sites around the Valley deposit.

Snowline Gold Corp announces significant drilling results from its Valley deposit at the Rogue Project in Yukon Territory. Hole V-24-091 intersected 1.06 g/t Au over 380.4 m from surface, including 2.00 g/t Au over 51.0 m, extending mineralization beyond the current resource boundary. Hole V-24-088 yielded 1.40 g/t Au over 219.1 m from surface, including 2.11 g/t Au over 72.0 m. At the Cynthia Project, a 500 x 200 m gold and silver anomaly was identified, with chip samples showing 0.58 g/t Au and 45.3 g/t Ag across an 8 m width. Assays are pending for over 21,400 m in 37 holes across 5 targets at the Rogue and Einarson projects.

Snowline Gold Corp (TSX-V:SGD)(OTCQB:SNWGF) has announced significant results from its 2024 Valley deposit drilling campaign in Yukon. Hole V-24-081 returned 2.10 g/t Au over 433.5 m, including higher-grade sections, while V-24-084 yielded 1.31 g/t Au over 273.2 m, both surpassing mineral resource estimate expectations. The company drilled approximately 25,000 m in 55 holes at Valley in 2024, nearly doubling the previous drilling used for the initial mineral resource estimate.

Additionally, Snowline completed the first phase of a reclamation program at the historical Plata mining camp near the Rogue Project, organizing debris and abandoned equipment for future removal. The company awaits results from over 24,600 m of drilling across 6 targets at its Rogue and Einarson projects.

Snowline Gold Corp (TSX-V:SGD)(OTCQB:SNWGF) has announced significant results from its 2024 Valley deposit drilling campaign at the Rogue Project in Yukon Territory. Hole V-24-081 returned 2.10 g/t Au over 433.5 m, including higher-grade sections, while Hole V-24-084 yielded 1.31 g/t Au over 273.2 m, both surpassing mineral resource estimate expectations.

The company has drilled approximately 25,000 m in 55 holes at Valley in 2024, nearly doubling the previous drilling used for the initial mineral resource estimate. Snowline has also completed the first phase of a reclamation program at the historical Plata mining camp near the Rogue Project, demonstrating its commitment to environmental stewardship.

Assays are still pending for over 24,600 m in 45 holes across 6 targets at Snowline's Rogue and Einarson projects, indicating potential for further significant results.

Snowline Gold Corp (TSX-V:SGD)(OTCQB:SNWGF) has announced significant drilling results from its Valley deposit on the Rogue Project in Yukon Territory. Hole V-24-078 returned 4.05 g/t Au over 244.9 m from surface, including 5.99 g/t Au over 101.0 m, demonstrating strong continuity of high-grade, near-surface gold mineralization. The company also discovered two new gold targets:

1. Charlotte: A newly discovered reduced intrusion-related gold system on the Rogue Project, with grab samples up to 28.4 g/t Au.

2. Galatea: A new epizonal orogenic target on the Einarson Project, featuring a 1.3 km quartz-carbonate boulder train with grab samples up to 6.11 g/t Au.

Drilling is ongoing at Valley and Jupiter targets, with assays pending for over 22,500 m drilled across 7 targets.

Snowline Gold Corp (TSX-V:SGD, OTCQB:SNWGF) has announced significant drill results from its Valley deposit and Jupiter target in Yukon, Canada. At Valley, hole V-24-077 intersected 1.61 g/t Au over 435.0 m, including 2.39 g/t Au over 150.5 m, potentially expanding the current mineral resource estimate. At Jupiter, hole J-24-022 returned 6.88 g/t Au over 6.3 m, including 13.9 g/t Au over 2.0 m, expanding the known width of the system.

The company has drilled 17,400 m in 37 holes at Valley in 2024, with assays pending for over 21,000 m across 7 targets. Trace amounts of visible gold were observed in regional drilling at the Aurelius and Sydney targets. Snowline's CEO, Scott Berdahl, expressed satisfaction with the progress in de-risking and potentially growing the initial mineral resource estimate at Valley.

Snowline Gold Corp (TSX-V:SGD)(OTCQB:SNWGF) announced impressive drill results from its Valley deposit at the Rogue Project in Yukon. Highlights include:

1. Hole V-24-075: 471.6 m averaging 2.38 g/t Au, including 302.1 m of 3.20 g/t Au from surface

2. Hole V-24-073: 325.0 m averaging 2.57 g/t Au, including 136.0 m averaging 4.84 g/t Au from surface

These results exceed initial mineral resource estimate predictions, demonstrating strong grade continuity. The company also reported widespread alteration and mineralization in first-ever drilling at the Aurelius target. Snowline's ongoing 5-drill program has completed over 15,600 m of drilling with assays pending. An updated NI 43-101 technical report for the Einarson Project was also filed.