Snowline Gold Intersects 256.2 M of 2.2 Grams Per Tonne Gold and 517.9 M of 1.1 Grams Per Tonne Gold, Both From Surface, at Its Valley Discovery, Rogue Project, Yukon

• Hole V-23-048 returned 2.20 g/t Au over 265.2 m including 3.28 g/t Au over 100.2 m from surface (with the top 30.2 m averaging 5.03 g/t Au) in a 100 m step across strike to SW from previous hole V-23-039
• Hole V-23-045 returned 1.14 g/t Au over 517.9 m from surface in 102 m step across strike to NE from previous hole V-23-037, adding significant scale that remains open
• Multiple additional holes at Rogue Project's Valley target demonstrate large intervals of strong mineralization outside the edges of previously known mineralization.

VANCOUVER, BC / ACCESSWIRE / September 11, 2023 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTC:SNWGF) (the "Company" or "Snowline") is pleased to announce additional analytical results from its ongoing drill program at the Valley target on its Rogue Project in Canada's Yukon Territory. All ten holes encountered mineralization, with the nine holes drilled inside the intrusion returning continuous mineralization over downhole intervals ranging from 143.2 m to 517.9 m in length. Holes V-23-045 and V-23-048 returned 517.9 m of 1.14 g/t Au and 265.2 m of 2.20 g/t Au respectively, from surface. This expands the width of the high-grade, near surface core seen in previous holes, while V-23-045 also extends the depth of known mineralization in the east. Other holes add substantial volumes of known mineralization to the margins of the system as currently tested. Analytical results for an additional 19 holes (7,116 m) at Valley are pending, with drilling at Valley and other Rogue Project targets ongoing.

Foto: Accesswire

Table 1 -Highlight summary of Snowline's latest assay results. *Interval widths reported; true widths of the system are not yet known.

"This latest round of results from our Rogue Project's Valley target demonstrates high continuity of mineralization in three dimensions and adds considerable scale to the extent of the known system, which remains open," said Scott Berdahl, CEO & Director of Snowline. "These holes primarily tested undefined margins of the well-mineralized corridor within the Valley intrusion. That they returned such strong grades-with holes running at multiples of the 0.64 g/t Au and 0.37 g/t Au average reserve grades seen at the nearest operating mines of this type, across hundreds of metres-speaks to the unique nature of the Valley discovery amongst reduced intrusion-related gold systems and among bulk tonnage gold systems in general. With two rigs currently active on the target and one more on the nearby Gracie target, we look forward to learning much more about these targets in the coming months."