Snowline Gold Commences 18,000+ Metre Drill Program on its Yukon Exploration Projects with Numerous Visible Gold Observations in Drill Hole

• Phase III drilling underway at the Rogue Project's Valley Zone, Snowline's flagship near-surface, bulk tonnage gold discovery in the heart of its district-scale land position
• Visible gold observed in 10 of first 14 core boxes (representing roughly 65 m) received from Valley's first drill hole of 2023
• Upwards of 18,000 metres drilling planned across at least five targets using four drills, providing potential for significant new drill discoveries along with delineation, de-risking and possible expansion of Snowline's Valley zone.

VANCOUVER, BC / ACCESSWIRE / May 31, 2023 / SNOWLINE GOLD CORP. (TSX-V:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has commenced its 2023 exploration and drilling program. Drill crews and geological staff recently mobilized to the Company's 50-person Forks Camp, which supports its Rogue, Einarson, Ursa and Cynthia projects. Phase III diamond drilling is underway at the Valley Zone on Snowline's flagship Rogue Project to expand and advance the target towards an initial mineral resource estimate. Additional drilling and extensive surface work is planned across the Rogue Project and Snowline's broader project portfolio.

Foto: Accesswire

"Following a transformative year in 2022, we are excited to be back in the field with a larger and more advanced 2023 exploration campaign," said Thomas Branson, Snowline's Vice President of Exploration. "Our team has done fantastic work in getting us off to an early start. This season will see us pursue two key objectives: 1) to further advance the Rogue Project's Valley discovery through efficient de-risking and delineation, as the scale, grade and consistency of our 2022 results from Valley rank highly among near-surface, bulk tonnage gold deposits and discoveries drilled anywhere in the world last year; and 2) to make additional drill discoveries at Rogue and on our broader project portfolio. We see Valley not only as an exceptional discovery, but also as a strong proof-of-concept for the geological potential of our district-scale and still largely unexplored land position."

Foto: Accesswire

2023 EXPLORATION CAMPAIGN

Rogue Project

Approximately 15,000 m of the 18,000+ m of diamond drilling budgeted for 2023 is planned for the Rogue project, using the three drill rigs currently on site. Of this drilling, 10,000 m will target Valley, while the additional 5,000 m will be used for a Phase II program at Gracie and for Phase I drilling of additional targets. This work will be complemented by an extensive program of stream sediment, soil and rock sampling along with prospecting and geological mapping to follow up on various unexplained geochemical anomalies throughout the project, with the goal of generating additional new targets with potential for grade and scale. A project-level aerial ZTEM survey totalling roughly 3,000 line-km is planned, and it may be complemented by additional magnetic or other geophysical surveying specific to individual targets. Additional details of the Rogue exploration campaign can be found in the Company's May 2 News Release.