Snowline Gold Intersects 519.6 m of 2.5 Grams Per Tonne Gold Including 265.6 m of 3.6 Grams Per Tonne Gold from Surface in Strongest Near-Surface Interval to Date at Its Valley Target, Rogue Project, Yukon

• Hole V-23-061 returned 519.6 m averaging 2.46 g/t Au, including 3.60 g/t Au over 265.6 m from surface, the strongest near-surface mineralization (upper 250 vertical metres) encountered to date on the Rogue Project's Valley target
• Hole V-23-059 and V-23-060 demonstrate strong continuity and breadth in the southeastern part of the Valley system, returning 429.6 m averaging 1.01 g/t Au from surface (including 1.91 g/t Au over 133.0 m) and 109.5 m averaging 1.02 g/t Au respectively.
• Analytical results pending for 5,475 m from 16 holes (including one metallurgical hole at Valley) across 3 targets in addition to results of extensive surface exploration campaign.

VANCOUVER, BC / ACCESSWIRE / December 6, 2023 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce analytical results from additional exploration holes drilled on its Rogue Project in Canada's Yukon Territory. Hole V-23-061 returned 2.46 g/t Au over 519.6 m from surface, including 3.60 g/t Au over 265.6 m downhole, demonstrating a strong consistency of near-surface, multiple-gram-per-tonne-gold mineralization. Holes V-23-059 and V-23-060 were drilled within the southeast extension of the system and add dimensionality and consistency to known mineralization in that direction. Assays for more than 5,475 m of diamond drilling from Snowline's 2023 exploration efforts remain pending.

Foto: Accesswire

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

"The Valley discovery on our 100%-owned, district-scale Rogue Project continues to demonstrate strong, continuous gold mineralization across a large area from surface," said Scott Berdahl, CEO & Director of Snowline. "Hole V-23-061 returned the strongest gold interval we've seen near surface in any hole to date, highlighting the favorable characteristics of the Valley system for efficient mining-namely strong, consistent mineralization with the highest grades beginning at or near surface in a topographically advantageous position. With December upon us, we have much to look forward to in terms of additional drill results, surface exploration results, advanced metallurgical testing and of course an aggressive exploration season ahead in 2024 on Valley and other targets across our >330,000 ha land position."