Snowline Gold Expands Its Rogue Project 80% By Staking Open Ground Across Rogue Plutonic Complex and Activates Second Drill

• Snowline stakes an additional ~40,000 hectares on its Rogue Project, securing nearly all remaining open mineral tenure over the regional geological feature hosting the Valley discovery and other gold targets
• Additional staking on surrounding Cynthia, Einarson and Ursa projects further consolidates Company position in broader Selwyn Basin gold district, increasing overall Yukon Territory land position by 20% to roughly 333,900 hectares
• Drilling ongoing at Valley, with second drill active and 106 instances of visible gold observed in top 337 m of V-23-034 accompanied by high quartz vein densities.

VANCOUVER, BC / ACCESSWIRE / June 9, 2023 / SNOWLINE GOLD CORP. (TSX-V:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has staked substantially all remaining open ground over the Rogue Plutonic Complex, the broad geological feature responsible for gold mineralization at the Rogue Project's Valley discovery and other nearby reduced intrusion-related gold system (RIRGS) targets. This staking expands Snowline's 100% owned Rogue Project by roughly 80% to 94,397 hectares (944 km²) and consolidates the 60x30 km geological feature for systematic, comprehensive exploration. Additional strategic and targeted staking on the Company's surrounding Cynthia, Einarson and Ursa projects brings its total Yukon Territory mineral tenure holdings to 333,900 hectares (~3,339 km²). The increased land position solidifies Snowline's competitive advantage in an emerging gold district host to multiple gold discoveries and mineralization styles.

Foto: Accesswire

Figure 1 - The Rogue Plutonic Complex (red), showing Snowline Gold's newly staked claims (yellow squares) against the Company's pre-existing Rogue Project (medium blue). The new staking consolidates the regional plutonic complex into a contiguous project.

"We know from our 2022 drill results at Valley that the Rogue Plutonic Complex has the necessary geological ingredients to produce a significant gold system," said Scott Berdahl, CEO and director of Snowline Gold. "The Valley discovery highlights the geological potential of the rest of this regional-scale geological feature, where limited historical work and our own efforts have produced an abundance of intriguing results, anomalies and discoveries. We have actively built, progressively and systematically, not just a first-mover position but effectively an ‘only-mover' position in a fertile area that we believe has the potential to become a new gold district. We can now comprehensively and responsibly explore this area, focusing not only on advancing our existing targets but on making additional discoveries as well."