Precious Metals

  • Sergio Gamonal, most recently Chile Exploration Manager for Barrick, joins as Snowline's Lead Geologist
  • Stephanie Hansen, marketing specialist, joins as Snowline's Marketing and Investor Relations Manager

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce updates to the Company's management team, with the recent appointments of Sergio Gamonal as Lead Geologist and Stephanie Hansen as Marketing and Investor Relations Manager

Sergio Gamonal brings over 15 years' exploration experience to the Company, having held senior roles at major mining companies Barrick and Kinross. Most recently, he served as country Exploration Manager for Argentina and then Chile with Barrick Gold, where he led the development of a robust pipeline of early to advanced stage gold targets throughout the Andes. Prior to this, he spent over 10 years with Kinross in the roles of Senior Specialized Geologist and Exploration Geologist, integrating geological and geochemical datasets with assessment and exploratory fieldwork at project sites in Russia, Africa, and South America. Mr. Gamonal holds an M.Sc. in Geology from the Mineral Deposit Research Unit at the University of British Columbia.

"I am very excited to join a team of discovery-driven, highly motivated and passionate people at Snowline focused on advancing a unique and unexplored gold camp in the Yukon," said Mr. Gamonal, Lead Geologist at Snowline. "The diversity of mineralization styles among Snowline's recent discoveries and regional targets is especially compelling as is it a sign of a fertile district capable of producing world-class gold deposits."

Mr. Gamonal joins Thomas Branson, MSc, PGeo, Exploration Manager and Steve Rennalls, Operations Manager at Snowline to round out a highly capable management team focused on efficient project advancement and target prioritization while following best practices in geoscience and operations.

Stephanie Hansen brings nearly 10 years' marketing experience to Snowline from a variety of industries. She will lead Snowline's major marketing, branding and communication initiatives as the Company shares its story and discoveries with investors, community and government alongside widening domestic and global audiences.

Stated Ms. Hansen, Marketing and IR Manager at Snowline: "Snowline is a distinctive new entity in the junior space, and I am thrilled to be a part of it. The company has a story to tell, and there is immense value to unlock in bringing that story to the majority of the mining investment audience that has not yet heard of Snowline nor its discoveries."

"A good exploration company is built as much on the strength of its projects as it is on the strength of its people," said Scott Berdahl, CEO and Director of Snowline. "We are excited to welcome Sergio Gamonal and Stephanie Hansen to the Snowline team. Sergio's geological expertise is an excellent complement to Snowline's strong technical team, and his experience working in the development arms of major gold mining companies brings a valuable perspective as we prioritize and advance a new gold district. Stephanie's drive and experience will build value for the company as we communicate our progress and bring our story to the world. With these pieces in place, we are even more excited to kick off our rapidly approaching 2022 field season."

ABOUT Snowline Gold Corp.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seven-project portfolio covering >106,000 ha. The Company is exploring its flagship 72,000 ha Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin. Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross' Fort Knox mine, Newmont's Coffee deposit, and Victoria Gold's Eagle Mine. Snowline's first-mover land position provides a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.

ON BEHALF OF THE BOARD

Scott Berdahl, MSc, MBA, PGeo
CEO & Director

For further information, please contact:

Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including statements about the Company reviewing its newly acquired project portfolio to maximize value, reviewing options for its non-core assets, including targeted exploration and joint venture arrangements, conducting follow-up prospecting and mapping this summer and plans for exploring and expanding a new greenfield, district-scale gold system. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

SOURCE: Snowline Gold Corp.



View source version on accesswire.com:
https://www.accesswire.com/697901/Snowline-Gold-Further-Strengthens-Its-Management-Team

News Provided by ACCESSWIRE via QuoteMedia

SGD:CNX
Snowline Gold

Snowline Gold


Keep reading...Show less
Snowline Gold Provides Exploration Update on Its Valley Drill Program, Rogue Project, Yukon

Snowline Gold Provides Exploration Update on Its Valley Drill Program, Rogue Project, Yukon

  • Sheeted quartz veins with trace amounts of visible gold present in hole V-22-005
  • Location of hole expands known width of Valley mineralized corridor by 150 metres
  • Drilling ongoing, with assay results and full drill core evaluation pending.

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to report that it has intersected mineralization from bedrock surface in its first hole of 2022, drilled at the Rogue project's Valley Zone in Canada's Yukon Territory. V-22-005 encountered thin (1-60 mm) sheeted quartz veins through to at least its present depth of 233 metres (as of Sunday, June 12, 2022; drilling ongoing at time of writing). Seven separate veins hosting trace visible gold were observed between 39 and 220 metres downhole during initial logging. The collar location is a 154-metre step-back from 2021 hole V-21-003 which also encountered a broad zone of mineralization from the bedrock surface

Snowline Gold Corp., Monday, June 13, 2022, Press release picture

Figure 1 - Closeup of V-22-005 drill core at 197 m downhole. Seven grains of visible gold (red circles) were identified along the margins of a single quartz vein here during initial evaluation of the drill core. Visible gold has also been identified in six other veins throughout the hole. Note that this figure highlights one feature of V-22-005 and is not meant to be representative of the entire hole. Assays for this and the rest of the hole remain pending. Core shown is 4.76 cm in diameter.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Snowline Gold Commences 8,000 Metre Drill Program on Its Flagship Yukon Projects

Snowline Gold Commences 8,000 Metre Drill Program on Its Flagship Yukon Projects

  • Phase II drilling underway at Valley, a bulk tonnage gold discovery made in late 2021
  • Upwards of 8,000 metres drilling planned across at least four targets in 2022
  • Potential for significant new drill discoveries along with expansion of Snowline's Valley and Jupiter zones

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has commenced its 2022 exploration and drilling program. Drill crews and geological staff recently mobilized to the Company's new Forks Camp, built to support its Rogue, Einarson, Ursa and Cynthia projects. Phase II diamond drilling is underway at Rogue's Valley zone to test the extent of gold mineralization encountered by drilling in September 2021 within a soil and talus fine anomaly spanning roughly two kilometers

Snowline Gold Corp., Tuesday, June 7, 2022, Press release picture
Figure 1 - Location of V-22-005, Snowline's first drill hole of the 2022 exploration season, currently underway at Valley. The hole is a 150m step back from V-21-003, which intersected 1.25 g/t Au over 168.7 m from surface. The step back will provide a better measure of the width of the mineralization and constrain the broader orientation of the zone, in addition to testing the mineralization encountered in V-21-003 at depth.

"Following an exceptional first season with two drill discoveries on our adjacent Rogue and Einarson projects, we are very excited to return to the field," said Scott Berdahl, CEO and Director of Snowline. "Our team has already done a tremendous job setting up for an early season start amidst our new camp build and a record-breaking spring snowpack. Snowline's 2022 drill program gives our shareholders much to look forward to as we simultaneously build on recent successes and position ourselves to make additional discoveries. Our results will shed new light on our large and relatively unexplored land package, which we believe has the potential to become a new North American gold district."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Snowline Gold Expands Its 100% Owned Flagship Projects Through Staking and Constructs 45-Person Camp

Snowline Gold Expands Its 100% Owned Flagship Projects Through Staking and Constructs 45-Person Camp

  • 1172 new claims staked adding 23,229 hectares across three existing projects
  • Expands total Yukon land position by 22% to roughly 127,300 hectares
  • New, centrally located 45-person camp under construction in preparation for 2022 field season
  • Drill program scheduled to commence June 1

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has expanded its 100% owned Rogue and Cynthia projects in the east central Yukon through staking. In total, 1,172 new claims were staked covering 23,229 hectares (232 km2), bringing the company's Yukon mineral tenure holdings to 127,310 hectares (1,273 km2) across its seven projects. Claims were staked to bolster existing property positions following the Company's recent drill and surface sampling discoveries. The claims cover additional geochemical anomalies and connect properties, which will enhance exploration efficiency. The increased land position further solidifies Snowline's competitive advantage in an emerging gold district that hosts multiple gold discoveries and mineralization styles

"Our successful exploration campaign in 2021 demonstrated a high level of mineral potential in a previously underappreciated and sparsely explored region," said Scott Berdahl, CEO and director of Snowline Gold. "This targeted expansion reflects our renewed, results-based conviction behind our exploration thesis. It cements our first-mover position as we aim to explore not just a discovery, but a potential new gold district. Our soon-to-begin 2022 exploration program will build on last season's discoveries alongside first-ever drill testing of multiple new targets."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Snowline Gold Locates 5.1 km Long Trend of Anomalous Gold-In-Soils Grading to 1.7 g/t AU at Gracie, Rogue Project, Yukon

Snowline Gold Locates 5.1 km Long Trend of Anomalous Gold-In-Soils Grading to 1.7 g/t AU at Gracie, Rogue Project, Yukon

  • 5.1 km zone of anomalous gold values found in soil and talus fine samples at Gracie
  • 43 soil samples from a 1,600 x 800 m central area average 0.49 g/t Au, with 8 samples >1 g/t Au
  • Zone underlain and adjacent to probable unexposed intrusion only 4 km from Snowline's 2021 "Valley" discovery
  • Intact carapace at top of intrusion presents high priority drill target for 2022.

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to provide an update on generative exploration results from its Rogue project in the Yukon Territory, Canada. Geochemical assay results received from late season 2021 contour soil and talus fine sampling reveal a large zone of anomalous gold values to 1.71 gt Au on top of and around a probable, near-surface, gold-bearing intrusion at the Company's Gracie target

Figure 1 - Soil, talus fine and rock geochemical results from Snowline's Rogue project on top of ZTEM electromagnetic survey results. Surface sampling performed late in the 2021 field season demonstrates the scale of gold anomalism associated with a probable buried intrusion, with values of up to 1.71 g/t Au from talus fines at Gracie. Dashed blue ovals indicate zones of anomalous results. Samples from the central zone have an average of 0.49 g/t. North and south zones of anomalous gold values are along stratigraphic and structural trend with the unexposed intrusion. The Valley intrusion and suspected Gracie intrusion are expressed in in the ZTEM image as cooler colours representing relative electrical resistors, consistent with other known intrusions in the survey area.

"These results add to strong evidence that Gracie could host a large and fertile reduced-intrusion related gold system," said Scott Berdahl, CEO and director of Snowline. "What excites us about this-beyond the potential to duplicate our Valley discovery-is that the intrusion at Gracie hasn't been exposed by erosion. These gold systems can be most prospective at the very top of an intrusion, where initial cooling of the edges creates a brittle carapace that fractures to accommodate later gold bearing fluids. An intact carapace at Gracie thus makes for a compelling exploration target adjacent and complementary to the Company's 2021 Valley and Ridge discoveries."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Snowline Gold Expands Valley Gold Mineralization to >2 km with Discovery of Ridge Zone on Its Rogue Project, Yukon

Snowline Gold Expands Valley Gold Mineralization to >2 km with Discovery of Ridge Zone on Its Rogue Project, Yukon

  • Snowline has discovered the "Ridge" zone, a 1.0 km stretch of anomalous gold in soils, talus fines and rock samples on the northeast shoulder of the Valley intrusion
  • Gold-bearing sheeted quartz veins within this new zone similar are to those hosting Snowline's 2021 Valley drill discoveries
  • Ridge zone significantly increases bulk-tonnage scale potential and further demonstrates fertility of the Valley intrusion.

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce additional surface sampling results from its "Ridge" zone, immediately adjacent to its Valley discoveries on its Rogue gold project in the Yukon Territory, Canada. Contour soil and talus fine samples as well as rock grab samples reveal a 1.0 km zone of anomalous gold concentrations on the northeast edge of the Valley intrusion associated with sheeted quartz veins arrays. A continuous stretch of 18 contour soil and talus fine samples spanning 750 m within the zone averaged 0.21 ppm Au, with values up to 0.758 ppm Au. The zone is open in all directions

Figure 1 - Soil, talus fines, rock and magnetic results around the Valley intrusion delineates an open, 1.0 km zone of anomalous gold concentrations to 0.758 g/t Au in soils near sheeted quartz vein arrays. Background colours show detailed total magnetic field data, with pinks and purples denoting high field values and blues low.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Challenger Exploration

Drilling Expands The Colorado V Discoveries In Ecuador, Next Three Holes All Returning Significant Intersections

Challenger Exploration (ASX: CEL) (“CEL” the “Company”) is pleased to announce results from the next three drill holes CVDD-22-003 to CVDD-22-005 in the Colorado V concession in El Oro Province, Ecuador, where the Company is farming in to earn an initial 50% interest.

Keep reading...Show less

After 25 Years of Delivering Value to Mali, Barrick Continues to Invest in the Future

All amounts expressed in US Dollars

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) continues to invest in creating value for all stakeholders and in supporting the communities that host its mines, president and chief executive Mark Bristow said here today.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
gold and silver coins

VIDEO — Brian Leni: Precious Metals Thesis is "Overwhelming" — Be Picky, Buy Best of the Best

Brian Leni: Precious Metals Thesis is "Overwhelming" — Be Picky, Buy Best of the Bestyoutu.be

Now trading just above US$1,800 per ounce, the gold price isn't performing as well as some investors would like. But for Brian Leni, founder of Junior Stock Review, the outlook remains bright.

"To me the value in the precious metals and the overall precious metals thesis is just so strong it's overwhelming," he said at the Prospectors & Developers Association of Canada (PDAC) convention.

Leni describes himself as a value investor, and emphasized that for him the precious metals story isn't a question of "if," it's a question of "when" — the key is picking the right companies and being ready to wait.

Keep reading...Show less
gold bars with money

VIDEO — George Salamis: Major Gold Miners Making Money, but Volatility Curbing Big Decisions

George Salamis: Major Gold Miners Making Money, but Volatility Curbing Big Decisionsyoutu.be

Turmoil continues to rock the broader markets, and while the gold price has also suffered declines, George Salamis believes it's holding up well compared to other assets.

"Gold has hung in there pretty well relative to other investments — other commodities, currencies. I think it's held its own," he said at the Prospectors & Developers Association of Canada (PDAC) convention.

Salamis, who is the president and CEO of Integra Resources (TSXV:ITR,NYSEAMERICAN:ITRG), explained that he also sees gold miners doing well, but thinks volatility is stopping them from making moves.

Keep reading...Show less
Breaker Resources

Breaker Resources


Keep reading...Show less

NOVAGOLD Reports Second Quarter 2022 Financial Results

Donlin Gold's Largest Drill Program in Over 10 Years Advancing in Preparation for Feasibility Work

Strong Treasury of $142 Million in Cash and Term Deposits; $25 Million of Receivables in 2023

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×