Snowline Gld Stock Price, News & Analysis

Snowline Gold Corp. announced key additions to its management team ahead of a busy 2022 field season. Thomas Branson joins as Exploration Manager, bringing over 15 years of experience and $55M in exploration funding. Steve Rennalls steps in as Operations Manager, having previously managed logistics for several projects. The company also granted 1,190,000 stock options at $0.55 per share. Snowline awaits drill results from the Valley Zone of the Rogue project, where visible gold was detected in all four drill holes.

Snowline Gold Corp. (SNWGF) has announced promising assay results from its drilling at the Jupiter zone of the Einarson gold project in Yukon, Canada. Drill hole J-21-020 yielded 8.3 g/t Au over 4.7 meters, including 22.1 g/t Au over 1.1 meters. This highlights the potential scale of the mineralization system, as the hole is located near previous high-grade hits. Assays for four other holes at the nearby Valley zone are pending. The results indicate significant mineralization and potential for further discoveries at this new target area.

Snowline Gold Corp. has successfully completed a non-brokered private placement, issuing 757,575 flow-through common shares at C$0.66 each and 8,783,783 premium flow-through common shares at C$0.74 each, garnering approximately C$7 million. The funds will be allocated toward exploration of the Company’s Yukon mineral properties, qualifying as Canadian Exploration Expenses. Each share purchase is accompanied by a warrant exercisable at C$0.75 until December 17, 2023. The deal strengthens Snowline's financial position for the upcoming exploration program.

Snowline Gold Corp. announced an over-subscribed private placement, increasing the number of Premium flow-through common shares to a maximum of 8,783,783 at C$0.74 per share, aiming for gross proceeds of up to C$6,500,000. Additionally, the company will issue 757,575 regular flow-through shares at C$0.66 each for up to C$500,000. Proceeds will support exploration in the Yukon Territory. The offering is expected to close on December 15, 2021.

Snowline Gold Corp. has announced a non-brokered private placement to issue up to 757,575 flow-through common shares at C$0.66, generating gross proceeds of up to C$500,000, and up to 6,081,081 premium flow-through shares at C$0.74, with gross proceeds projected at C$4,500,000. The funds will be allocated to advancing exploration on the company's Yukon mineral properties. The offering's closing is anticipated around December 15, 2021, pending approval from the Canadian Securities Exchange.

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.