Snowline Gold Corp. is pleased to announce that its previously announced non-brokered private placement is over-subscribed. As a result, the Company has increased the number of premium flow-through common shares of the Company to be issued to a maximum of 8,783,783 Premium FT Shares at a price of C$0.74 per Premium FT Share for gross proceeds of up [...]
The gross proceeds from the issue and sale of the FT Shares and the Premium FT Shares will be used to support advancement of exploration. Snowline Gold Corp. is pleased to announce that it has arranged to issue, on a non-brokered private placement basis, up to 757,575 flow-through common shares of the Company at a price of C$0.66 per FT Share for [...]
Assay results received for holes J-21-008, 014, 015 and most of 016 from Jupiter zone Hole J-21-015 intersected a large, sulphide-bearing quartz-carbonate vein assaying 13.7 g/t Au over 3.6 m, including 25.2 g/t Au over 0.95 m . The hole was collared 153 m northwest of recent high grade discovery holes Assays pending for 5 additional holes at [...]
Three drill holes fanned from the "discovery" hole J-21-011 returned similar high gold grades, highlighted by 13.9 g/t Au over 6 m and broader intervals of gold mineralization Values of 45.0 g/t Au over 1.5 m and 31.1 g/t Au over 1.5 m associated with apparently "barren" quartz and in host mudstones show variable styles of gold deposition Multiple [...]
Cutting for drill core sampling revealed two instances of visible gold in drill core, the first visible gold found on Snowline's Einarson project Additional visible gold encountered in third and fourth holes at Valley, Rogue project Extensive electromagnetic survey completed across Ursa project to examine base metal and gold fertility [...]
Acquisition of five claim blocks from arm's length vendors increases Snowline's targeted Yukon Territory land position by 18% Extensive historical dataset includes a 350 x 200 m zone of highly anomalous gold in soils with eight soil samples >1 g/t Au, up to 6.4 g/t Au, within a broader 3.5 x 1.0 km gold-in-soil trend New land position triples [...]
The first two holes ever drilled into the Valley target intersected trace amounts of visible gold across broad regions of drill core Prospecting at Valley encountered auriferous sheeted quartz veins over a large area with grab samples of up to 15.95 g/t Au Soil geochemistry results delineate an open 900 x 150 m soil anomaly associated with sheeted [...]
Arsenopyrite-bearing quartz-carbonate veins intersected in hole J-21-020, drilled 460 m from any previous hole and 1,100 m from high-grade discovery hole J-21-011 Jupiter's expanded, 4,300 m Phase I program now complete, with assays pending for 13 of 21 holes and evidence of mineralizing system encountered in all 21 holes Drilling now underway on [...]
Rushed assays for J-21-011 returned two distinct high grade gold intervals within broader anomalous gold haloes, including: 13.2 g/t Au over 6.5 m, including 1.3 m of 43.5 g/t Au and within 15.0 m of 5.97 g/t Au 10.4 g/t Au over 5.0 m, within 12.5 m of 5.35 g/t Au True widths are not yet known but are estimated to be 50-90% of above lengths [...]
The Snowline Gold Corp. Board of Directors is pleased to announce the appointment of Scott Berdahl as the Company's new Chief Executive Officer. Mr. Berdahl will be promoted from his previous role as Chief Operating Officer, emphasizing a shift to a strong technical focus for Snowline. The promotion is effective immediately and Mr. Berdahl will [...]
Our initial drill program has intersected mineralization in 15 of 15 holes drilled across 930 metres within a 3 kilometre soil anomaly Partial assay results received for 5 holes, include: J-21-006: 3.96 g/t gold over 7.05 metre interval from 41.2 metres downhole J-21-007: 4.10 g/t gold over 4.00 metre interval from 9.00 metres downhole Subsequent [...]
Snowline Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 2,857,142 Units at a price of C$0.35 per Unit for aggregate gross proceeds of C$999,999.70 . Each Unit consists of one common share of Snowline and one-half of one common share purchase warrant . Each Warrant is exercisable for [...]