Hole V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m, locally outperforming the mineral resource estimate block model
Hole V-24-095 returned 604.5 m from surface at 0.65 g/t Au, including 160.5 m at 1.13 g/t Au, with the bottom 189.5 m of interval outside of mineral resource estimate
Assays remain pending for >15,000 m from 38 holes across four targets at Snowline's Rogue and Einarson projects.
VANCOUVER, BC / ACCESSWIRE / December 4, 2024 / SNOWLINE GOLD CORP (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada's Yukon Territory alongside updates on regional exploration. Drilling in and around the northwestern part of the Valley deposit (V-24-093, 095 & 097) continues to delineate consistent mineralization within and beyond the limits of the current mineral resource estimate (MRE) for Valley. Towards the northeastern side of the Valley deposit, V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m from 139.0 m downhole, outperforming the mineral resource model along its length. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >15,000 m of drilling in 38 holes across four different targets.
Table 1 -Highlight summary of Snowline's latest assay results; see Table 2 for details. *Interval widths reported.
"Our latest results from Valley continue to advance our goals for the 2024 drilling campaign," said Scott Berdahl, CEO & Director of Snowline. "They upgrade our confidence in the initial mineral resource estimate, and they expand the physical limits of the mineralized system at Valley as we know it. It is exceptional to see such consistency across batch after batch of analytical results-and a hallmark of a top-tier gold deposit. We look forward to assessing the overall contributions of these results to an updated mineral resource estimate for Valley in 2025."
VALLEY DRILLING, ROGUE PROJECT
Figure 1 - Plan map of drill results and progress on the Rogue Project's Valley deposit, highlighting current results in drill holes V-24-093 through V-24-097. Past analytical results are faded, while instances of visible gold in holes awaiting assay are marked by yellow spheres. Drill holes with assays pending (27 holes from Valley) are labelled in blue.
Hole V-24-096
Hole V-24-096 is collared within the Valley intrusion, roughly 53 m northeast of V-23-034 (418.9 m @ 1.9 g/t Au including 216.0 m @ 3.1 g/t Au, see July 5, 2023 news release) and 58 m southeast of V-23-045 (517.9 m @ 1.14 g/t Au from surface, see September 11, 2023 news release). The hole is drilled to the southwest, testing a northeastern extension of strong gold mineralization predicted by the Valley deposit block model.
The hole runs through coarse-grained granodiorite for the top 350 m, at which point it transitions to the fine-grained porphyritic unit with localized intrusive breccias. As is seen elsewhere in the deposit, quartz vein densities are high near the transition between the two units, with higher gold grades in the coarse-grained unit proximal to the porphyritic unit. From 674 m to the end of the hole at 740 m the hole returns to coarse-grained granodiorite with generally low quartz vein densities.
The results of this hole complement those of V-24-077 to its northeast (Figure 2), which also exceeded block model expectations based in the initial Valley MRE. These results are expected to help upgrade and de-risk relevant areas of the initial MRE for Valley. The ultimate effect of this result will be quantified along with analytical results of all subsequent holes in an updated MRE at a later time.
Figure 2 - Cross-section B-B', showing V-24-096 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024 (bold labels). Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Areas without blocks have not been modelled and were assumed as nil for the initial Valley MRE. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 80 m.
Figure 3 - Cross-section A-A', showing V-24-093, 095 & 097 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024. Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Note the large areas without blocks, which have not been modelled and were assumed as nil for the initial Valley MRE and for calculating pit shell constraints and total waste rock. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 140 m, with V-24-097 well in the background-relative positions can be seen in the plan map in Figure 1.
Figure 4 - Relatively coarse native gold as seen in each of the five Valley drill holes reported herein. Gold mineralization at Valley primarily consists of native gold hosted in quartz veins crosscutting the mid Cretaceous Valley intrusion and surrounding sedimentary rocks. Visible gold is common, with tens to hundreds of occurrences per hole consistently observed in well mineralized holes throughout the deposit. Gold often occurs proximal to various minor bismuth and tellurium sulphide minerals and alloys (grey minerals in above figures). As previously disclosed, the nature of this gold mineralization renders it available for high recovery rates from various conventional processing techniques, even in non-oxidized rock, as seen in initial metallurgical tests (94% average bottle roll cyanidation to 96% carbon-in-leach). All images are displayed at the same scale.
Table 2 - Summary of significant mineralization returned from current holes from Valley and other targets. The consistency of strong mineralization in the Valley deposit is reinforced by the capped values in the rightmost column, wherein any assay result >10 g/t Au is replaced by 10.0 g/t Au to calculate the average interval grades. Holes with prefixes "SY" and "J" are from the Sydney and Jupiter targets on the Cynthia and Einarson projects, respectively. *Interval widths reported; true widths of the system are complex, with different vein generations, orientations, and grade distributions present within various intervals through the bulk tonnage gold target at Valley.
ANNUAL EQUITY INCENTIVE AWARDS
The Company has granted a total of 360,000 restricted share units and 100,000 deferred share units (together, the "Equity Incentive Awards") to various employees, consultants, directors, and officers of the Company. The Equity Incentive Awards have been granted pursuant to the Company's Omnibus Incentive Plan and are subject to vesting provisions. The purpose of these awards is to align and incentivize around ongoing contributions, and to recognize contributions made to the growth of the Company and advancement of its projects by personnel at all levels.
QA/QC
On receipt from the drill site NQ2-sized drill core was systematically logged for geological attributes, photographed and sampled at Snowline's "Forks" Camp. Sample lengths as small as 0.5 m were used to isolate features of interest, but most samples within moderate to strong mineralization were 1.0 m in length; otherwise, a default 1.5 m downhole sample length was used. Core was cut in half lengthwise along a pre-determined line, with one half (same half, consistently, dictated by orientation line where present or by dominant vein orientation where absent) collected for analysis and one half stored as a record. Field duplicates were collected at regular intervals as 1⁄4 core samples by splitting the 1⁄2 core sent for sampling, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials and blanks were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor to Bureau Veritas' preparatory facility in Whitehorse, Yukon. Sample preparation was completed in Whitehorse, with analyses completed in Vancouver.
Bureau Veritas is accredited to ISO/IEC 17025 and ISO9001 for quality management. Samples were crushed by BV to >85% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. A four-acid digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 59-element analysis on 0.25 g sample pulps (BV code: MA250). All samples were analysed for gold content by fire assay with an atomic absorption spectroscopy (AAS) finish on 30 g samples (BV code: FA430). Any sample returning >10 g/t Au was reanalysed by fire assay with a gravimetric finish on a 30 g sample (BV code: FA530).
For the purposes of this release, contiguous mineralized intervals at Valley are defined as runs of mineralization with no break >5.0 m assaying <0.1 g/t Au and may include any highlight subsections thereof.
ABOUT ROGUE
Snowline Gold's 100%-owned, flagship Rogue Project, in Canada's Yukon Territory, covers a 60 x 30 km cluster of intrusions in the eastern Tombstone Gold Belt known as the Rogue Plutonic Complex.
Since its launch in 2021, Snowline has progressed the Rogue Project's Valley target from a greenfield prospecting discovery to a significant bulk tonnage gold resource, with 4.05 Moz gold indicated mineral resource at 1.66 g/t Au and an additional 3.26 Moz inferred mineral resource at 1.25 g/t Au within a pit-shell constraint. The resource estimate numbers are supported by the recent technical report for Rogue, prepared in accordance with NI 43-101 standards, entitled "Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate," authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024.
Exploration of the open Valley deposit is ongoing. Valley is a reduced intrusion-related gold system (RIRGS), geologically similar to multi-million-ounce RIRGS deposits currently in production, like Kinross's Fort Knox Mine in Alaska, but with substantially higher gold grades. Gold is associated with bismuthinite and telluride minerals hosted in sheeted quartz vein arrays within and along the margins of a one-kilometer-scale, mid-Cretaceous aged Mayo-series intrusion.
The Rogue Project area hosts multiple intrusions similar to Valley along with widespread gold anomalism in stream sediment, soil and rock samples. Elsewhere, RIRGS deposits are known to occur in clusters. For these reasons, Snowline considers the Rogue Project to have district-scale potential to host additional reduced intrusion-related gold systems.
Figure 5 - Project location map for Snowline Gold's eastern Selwyn Basin properties: Rogue, Einarson, Ursa, Cynthia and Olympus. The Valley target is one of several prospective reduced intrusion-related gold targets on the broader 30 x 60 km Rogue Project.
ABOUT SNOWLINE GOLD CORP.
Snowline Gold Corp. is a Yukon Territory focused gold exploration company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is exploring its flagship 111,000 ha (1,110 km2) Rogue gold project 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. The Company's first-mover position and extensive exploration database provide a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.
QUALIFIED PERSON
Information in this release has been prepared under supervision of and approved by Thomas K. Branson, M.Sc., P. Geo., VP Exploration of Snowline Gold Corp, as Qualified Person for the purposes of National Instrument 43-101.
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements regarding the significance of analytical results, the significance of visual drill core observations and visible gold, the potential effects of current analytical results on future mineral resource estimates including expansion of the pit shell and de-risking of the current estimate, the discovery potential within the Valley intrusion and on other exploration targets, the potential for investors to participate in multiple future discoveries, the Rogue project having district-scale prospectivity, the creation of a new gold district and the Company's future plans and intentions. 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.
Hole V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m, locally outperforming the mineral resource estimate block model
Hole V-24-095 returned 604.5 m from surface at 0.65 g/t Au, including 160.5 m at 1.13 g/t Au, with the bottom 189.5 m of interval outside of mineral resource estimate
Assays remain pending for >15,000 m from 38 holes across four targets at Snowline's Rogue and Einarson projects.
V-24-096孔從表面返回38600萬處的1.08 g/t Au，其中包括12050萬處的2.00 g/t Au，局部優於涉礦概念的區塊模型
V-24-095孔從表面返回60450萬，Au含量爲0.65 g/t，其中包括16050萬處的1.13 g/t Au，區間底部的18950萬處不在涉礦概念估算之外
在Snowline的Rogue和Einarson項目的四個目標上，有38個孔延遲待測1500000萬的化驗結果。
VANCOUVER, BC / ACCESSWIRE / December 4, 2024 / SNOWLINE GOLD CORP (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada's Yukon Territory alongside updates on regional exploration. Drilling in and around the northwestern part of the Valley deposit (V-24-093, 095 & 097) continues to delineate consistent mineralization within and beyond the limits of the current mineral resource estimate (MRE) for Valley. Towards the northeastern side of the Valley deposit, V-24-096 returned 1.08 g/t Au over 386.0 m from surface, including 2.00 g/t Au over 120.5 m from 139.0 m downhole, outperforming the mineral resource model along its length. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >15,000 m of drilling in 38 holes across four different targets.
溫哥華，卑詩省/ ACCESSWIRE / 2024年12月4日 / Snowline黃金公司(tsxv:SGD)(OTCQB:SNWGF)("公司"或"Snowline")很高興地宣佈其在加拿大育空地區Rogue項目2024年Valley礦牀鑽探活動中的額外分析結果，同時更新區域勘探進展。在Valley礦牀(孔V-24-093、095和097)西北部及周圍的鑽探持續勾畫出現實礦化物質超出了Valley目前涉礦概念估算(MRE)的限制。 在Valley礦牀的東北側，V-24-096孔從表面返回38600萬處的1.08 g/t Au，其中包括來自13900萬下鑽處的12050萬處的2.00 g/t Au，沿其長度優於涉礦概念模型。公司正在等待其2024年探礦活動的大多數分析結果，其中包括在四個不同目標上38個孔的超過1500000萬的鑽探。
Table 1 -Highlight summary of Snowline's latest assay results; see Table 2 for details. *Interval widths reported.
表1- Snowline最新化驗結果的亮點摘要；詳情請參閱表2。*報告間隔寬度。
"Our latest results from Valley continue to advance our goals for the 2024 drilling campaign," said Scott Berdahl, CEO & Director of Snowline. "They upgrade our confidence in the initial mineral resource estimate, and they expand the physical limits of the mineralized system at Valley as we know it. It is exceptional to see such consistency across batch after batch of analytical results-and a hallmark of a top-tier gold deposit. We look forward to assessing the overall contributions of these results to an updated mineral resource estimate for Valley in 2025."
Snowline的CEO兼董事Scott Berdahl表示:"我們從Valley的最新結果中繼續推進2024年鑽探活動的目標。" 它們提升了我們對初步的涉礦概念估算的信懇智能，擴展了我們所知的Valley中礦化系統的物理界限。看到分批次分析結果的一致性如此出色-- 這是一處一流黃金礦牀的標誌。 我們期待評估這些結果對2025年Valley更新涉礦概念估算的整體貢獻。"
VALLEY DRILLING, ROGUE PROJECT
羅格項目谷牀鑽探正在進行中，三臺鑽機正在升級和擴展當前資源。到目前爲止，谷牀已經在21個孔（圖1），以及正在進行的3個孔中鑽探了大約1100萬克拉。當前礦卡估計對於谷牀內外都觀察到了可見黃金和片狀石英脈體。公司在等待從進行中的鑽探活動中得到分析結果，以評估這些觀察結果的重要性。
Figure 1 - Plan map of drill results and progress on the Rogue Project's Valley deposit, highlighting current results in drill holes V-24-093 through V-24-097. Past analytical results are faded, while instances of visible gold in holes awaiting assay are marked by yellow spheres. Drill holes with assays pending (27 holes from Valley) are labelled in blue.
圖1-勇敢項目瓦萊儲量探鑽結果和進展計劃圖，突出V-24-093至V-24-097探鑽孔目前的結果。過去的分析結果已經模糊，而等待測定的含金探鑽孔中可見金的情況，則用黃色球標記。等待測定的探鑽孔（來自瓦萊的27個孔）以藍色標明。
Hole V-24-096
Hole V-24-096 is collared within the Valley intrusion, roughly 53 m northeast of V-23-034 (418.9 m @ 1.9 g/t Au including 216.0 m @ 3.1 g/t Au, see July 5, 2023 news release) and 58 m southeast of V-23-045 (517.9 m @ 1.14 g/t Au from surface, see September 11, 2023 news release). The hole is drilled to the southwest, testing a northeastern extension of strong gold mineralization predicted by the Valley deposit block model.
V-24-096號孔
V-24-096號孔位於瓦萊巖體之內，大約位於V-23-034（41890萬 @ 1.9 g/t Au，其中包括21600萬 @ 3.1 g/t Au，參見2023年7月5日的新聞發佈）的東北方向約5300萬，位於V-23-045（51790萬 @ 1.14 g/t Au，來自地表，參見2023年9月11日的新聞發佈）的東南方向約5800萬。該孔向西南方向鑽探，檢測瓦萊礦牀模塊預測的強金礦化的東北向延伸。
The hole runs through coarse-grained granodiorite for the top 350 m, at which point it transitions to the fine-grained porphyritic unit with localized intrusive breccias. As is seen elsewhere in the deposit, quartz vein densities are high near the transition between the two units, with higher gold grades in the coarse-grained unit proximal to the porphyritic unit. From 674 m to the end of the hole at 740 m the hole returns to coarse-grained granodiorite with generally low quartz vein densities.
該孔穿過粗粒花崗閃長質至頂部的35000萬，此時轉變爲細粒斑岩單位，局部有侵入性角礫石。與礦牀其他地方一樣，兩個單位之間的過渡處石英脈密度較高，在靠近斑岩單位的粗粒單元中金含量較高。從67400萬至最終深度74000萬處，孔返回到粗粒花崗閃長質，石英脈密度普遍較低。
The results of this hole complement those of V-24-077 to its northeast (Figure 2), which also exceeded block model expectations based in the initial Valley MRE. These results are expected to help upgrade and de-risk relevant areas of the initial MRE for Valley. The ultimate effect of this result will be quantified along with analytical results of all subsequent holes in an updated MRE at a later time.
這一孔的結果與東北方的V-24-077孔（圖2）互補，V-24-077孔的結果也超過了基於初始瓦萊MRE的模塊期待。預計這些結果將有助於升級和降低瓦萊初始MRE相關區域的風險。這一結果的最終影響將連同所有後續孔的分析結果一起，在以後的時間更新的MRE中得到量化。
Figure 2 - Cross-section B-B', showing V-24-096 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024 (bold labels). Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Areas without blocks have not been modelled and were assumed as nil for the initial Valley MRE. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 80 m.
圖2-橫斷面b-B'，顯示V-24-096孔在初始瓦萊MRE模塊和MRE約束營收係數0.72的坑壁中的情況。模塊目前尚未更新以反映當前的結果，也沒有包括2024年迄今的任何結果（粗體標籤）。顯示在當前坑壁約束之外的模塊未包含在瓦萊初始MRE中。沒有模塊的區域未進行建模，假定爲初始瓦萊MRE的零。等待測定結果的探鑽孔中可見金的情況用黃色球標記。已發佈的孔從大約8000萬的總寬度投影到同一平面上。
Figure 3 - Cross-section A-A', showing V-24-093, 095 & 097 in the context of the initial Valley MRE block model and MRE-constraining revenue factor 0.72 pit shell. The block model has not been updated to reflect the current results, nor any results to date from 2024. Blocks shown outside of the current pit shell constraint are not included in the initial MRE for Valley. Note the large areas without blocks, which have not been modelled and were assumed as nil for the initial Valley MRE and for calculating pit shell constraints and total waste rock. Instances of visible gold in holes still awaiting assay results are marked by yellow spheres. The released holes are projected onto the same plane from a total width of roughly 140 m, with V-24-097 well in the background-relative positions can be seen in the plan map in Figure 1.
圖3 - 矢量A-A'的剖面圖，顯示V-24-093、095和097相對於初始Valley MRE塊模型和MRE約束營收因子0.72坑殼。該塊模型尚未更新以反映當前結果，也沒有包括2024年以來的任何結果。當前坑殼約束之外顯示的塊不包括在Valley的初始MRE中。請注意，沒有塊的大面積未經建模，並且在計算Valley初始MRE和坑殼約束以及總廢礦石時被假設爲零。等待化驗結果的孔中可見黃金點通過黃色球標記。發佈的孔被投影到與總寬度約爲14000萬的同一平面上，V-24-097在背景中相對位置可以在圖1中的平面圖中看到。
Figure 4 - Relatively coarse native gold as seen in each of the five Valley drill holes reported herein. Gold mineralization at Valley primarily consists of native gold hosted in quartz veins crosscutting the mid Cretaceous Valley intrusion and surrounding sedimentary rocks. Visible gold is common, with tens to hundreds of occurrences per hole consistently observed in well mineralized holes throughout the deposit. Gold often occurs proximal to various minor bismuth and tellurium sulphide minerals and alloys (grey minerals in above figures). As previously disclosed, the nature of this gold mineralization renders it available for high recovery rates from various conventional processing techniques, even in non-oxidized rock, as seen in initial metallurgical tests (94% average bottle roll cyanidation to 96% carbon-in-leach). All images are displayed at the same scale.
圖4 - 在此報告的五個Valley鑽孔中分別可見的較粗粒的天然金。Valley的金礦化主要由承載在跨越中白堊世谷入侵體和周圍沉積岩的石英脈中的天然金組成。可見金普遍存在，每個孔中通常觀察到數十到數百個出現在礦化良好孔中的金點。黃金常出現在各種微量鉍和碲硫化物礦物及合金（上圖中的灰色礦物）的附近。正如以前披露的那樣，這種金礦化的性質使其可從各種傳統選礦技術中高回收率地回收，即使在非氧化巖中也是如此，如最初的冶金測試所示（94%平均瓶滾氰化法到96%碳浸出法）。所有圖像均以相同比例顯示。
Table 2 - Summary of significant mineralization returned from current holes from Valley and other targets. The consistency of strong mineralization in the Valley deposit is reinforced by the capped values in the rightmost column, wherein any assay result >10 g/t Au is replaced by 10.0 g/t Au to calculate the average interval grades. Holes with prefixes "SY" and "J" are from the Sydney and Jupiter targets on the Cynthia and Einarson projects, respectively. *Interval widths reported; true widths of the system are complex, with different vein generations, orientations, and grade distributions present within various intervals through the bulk tonnage gold target at Valley.
表2 - 彙報的Valley和其他目標當前孔位返回的重要礦化摘要。在右側列中受限值的一致性加強了Valley礦牀中強礦化的一致性，其中任何化驗結果大於10克/噸金的值將被替換爲10.0克/噸金以計算平均間隔品位。帶有"SY"和"J"前綴的孔位來自Cynthia和Einarson項目中的Sydney和Jupiter目標。*報告的間隔寬度；系統的實際寬度複雜，Valley的大型金靶內存在不同的脈代，走向和品位分佈。
ANNUAL EQUITY INCENTIVE AWARDS
The Company has granted a total of 360,000 restricted share units and 100,000 deferred share units (together, the "Equity Incentive Awards") to various employees, consultants, directors, and officers of the Company. The Equity Incentive Awards have been granted pursuant to the Company's Omnibus Incentive Plan and are subject to vesting provisions. The purpose of these awards is to align and incentivize around ongoing contributions, and to recognize contributions made to the growth of the Company and advancement of its projects by personnel at all levels.
年度股權激勵獎
公司已向公司的各位員工、顧問、董事和高管發放了共計360,000個限制性股份單位和100,000個推遲股份單位（統稱"股權激勵獎"）。這些股權激勵獎是根據公司的全員激勵計劃授予的，受限於董事會授予規定。這些獎項的目的是使各級人員圍繞持續貢獻實現一致激勵，同時認可員工對公司增長和項目發展所做的貢獻。
QA/QC
On receipt from the drill site NQ2-sized drill core was systematically logged for geological attributes, photographed and sampled at Snowline's "Forks" Camp. Sample lengths as small as 0.5 m were used to isolate features of interest, but most samples within moderate to strong mineralization were 1.0 m in length; otherwise, a default 1.5 m downhole sample length was used. Core was cut in half lengthwise along a pre-determined line, with one half (same half, consistently, dictated by orientation line where present or by dominant vein orientation where absent) collected for analysis and one half stored as a record. Field duplicates were collected at regular intervals as 1⁄4 core samples by splitting the 1⁄2 core sent for sampling, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials and blanks were inserted by Snowline personnel at regular intervals into the sample stream. Bagged samples were sealed with security tags to ensure integrity during transport. They were delivered by expeditor to Bureau Veritas' preparatory facility in Whitehorse, Yukon. Sample preparation was completed in Whitehorse, with analyses completed in Vancouver.
QA/QC
在從鑽探現場獲取NQ2規格的岩心後，Snowline的「Forks」工地對其進行了系統記錄地質屬性，並對其進行了拍照和採樣。使用50萬的樣本長度來分離感興趣的特徵，但在中度到強礦化的大多數樣本中，樣本長度是100萬；否則，就會使用默認的150萬樣本長度。岩心沿着事先確定的線路分成兩半，其中一半（同一半，一致地由存在的取向線或缺失的優勢脈向確定）被收集進行分析，而另一半則作爲記錄儲存。野外重複樣品每隔一段時間就採集1/4的岩心樣品進行拆分，使有重複和無重複樣品的一半岩心材料得到一致的記錄。Snowline工作人員按照規定的間隔將標準參考物料和白樣品插入樣本流程中。袋裝樣品用安全標籤密封以確保在運輸過程中的完整性。它們由快遞員運送到白馬市Bureau Veritas的預備設施，樣品製備在白馬市完成，分析則由溫哥華完成。
Bureau Veritas is accredited to ISO/IEC 17025 and ISO9001 for quality management. Samples were crushed by BV to >85% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. A four-acid digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 59-element analysis on 0.25 g sample pulps (BV code: MA250). All samples were analysed for gold content by fire assay with an atomic absorption spectroscopy (AAS) finish on 30 g samples (BV code: FA430). Any sample returning >10 g/t Au was reanalysed by fire assay with a gravimetric finish on a 30 g sample (BV code: FA530).
Bureau Veritas獲得了質量管理的ISO/IEC 17025和ISO9001認證。樣品由BV碾碎至粒度大於2mm，使用振動分流器分流。250g的分流物被粉碎至粒度大於75μm。通過ICP-MS method使用四酸消化對0.25 g的樣品漿進行了59種元素分析（BV code：MA250）。所有樣品都進行了金含量的火試金分析，樣品重量爲30克，並使用原子吸收光譜法（AAS）完成（BV code：FA430）。任何返回>10g/t Au的樣品均會使用重量法進行火試金分析，樣品重量爲30克（BV code：FA530）
For the purposes of this release, contiguous mineralized intervals at Valley are defined as runs of mineralization with no break >5.0 m assaying <0.1 g/t Au and may include any highlight subsections thereof.
就本公告而言，工程山谷的連續礦化帶被定義爲連續的礦化帶，其間無中斷超過500萬，而且金品位小於0.1克/噸，可能包括其中任何突出的小節段。
ABOUT ROGUE
Snowline Gold's 100%-owned, flagship Rogue Project, in Canada's Yukon Territory, covers a 60 x 30 km cluster of intrusions in the eastern Tombstone Gold Belt known as the Rogue Plutonic Complex.
關於ROGUE
Snowline Gold公司擁有100%的標誌性Rogue項目，位於加拿大育空地區，涵蓋了東方山谷黃金帶中的一個60 x 30公里的浸入體聚集群，被稱爲Rogue深源複合體。
Since its launch in 2021, Snowline has progressed the Rogue Project's Valley target from a greenfield prospecting discovery to a significant bulk tonnage gold resource, with 4.05 Moz gold indicated mineral resource at 1.66 g/t Au and an additional 3.26 Moz inferred mineral resource at 1.25 g/t Au within a pit-shell constraint. The resource estimate numbers are supported by the recent technical report for Rogue, prepared in accordance with NI 43-101 standards, entitled "Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate," authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024.
自2021年推出以來，Snowline已將Rogue項目的山谷目標從後勤勘探發現推進到實質性的大塊金資源，其明示金礦資源爲4.05 Moz，爲1.66 g/t Au。在一個由坑殼約束的範圍內，還有另外3.26 Moz的推斷金礦資源，爲1.25 g/t Au。資源估計數字得到了最近關於Rogue的技術報告的支持，該報告是依據NI 43-101標準編寫的，標題爲「Rogue Gold Project：NI 43-101技術報告和礦產資源估算」，作者爲Heather Burrell，P. Geo.，Daniel J. Redmond，P. Geo.和Steven C. Haggarty。P. Eng.，有效日期爲2024年5月15日。
Exploration of the open Valley deposit is ongoing. Valley is a reduced intrusion-related gold system (RIRGS), geologically similar to multi-million-ounce RIRGS deposits currently in production, like Kinross's Fort Knox Mine in Alaska, but with substantially higher gold grades. Gold is associated with bismuthinite and telluride minerals hosted in sheeted quartz vein arrays within and along the margins of a one-kilometer-scale, mid-Cretaceous aged Mayo-series intrusion.
對Open Valley存款的勘探工作正在進行中。Valley是一個減少侵入型金系統（RIRGS），在地質上類似於目前生產中的數百萬盎司RIRGS存款，如Kinross的阿拉斯加Fort Knox礦山，但金品位顯著更高。金與鉍輝和碲礦物相關聯，這些礦物存在於Mid-Cretaceous年代的Mayo系侵入體的一公里規模片狀石英脈陣列內部和沿邊緣。
The Rogue Project area hosts multiple intrusions similar to Valley along with widespread gold anomalism in stream sediment, soil and rock samples. Elsewhere, RIRGS deposits are known to occur in clusters. For these reasons, Snowline considers the Rogue Project to have district-scale potential to host additional reduced intrusion-related gold systems.
Rogue項目區域除了Valley以外，還擁有許多類似的侵入體和廣泛的流沙、土壤和岩石樣品黃金異常。此外，RIRGS礦牀以簇群形式出現。出於這些原因，Snowline認爲Rogue項目具有區域規模的潛力，可以承載其他的還原侵入型金礦系統。
Figure 5 - Project location map for Snowline Gold's eastern Selwyn Basin properties: Rogue, Einarson, Ursa, Cynthia and Olympus. The Valley target is one of several prospective reduced intrusion-related gold targets on the broader 30 x 60 km Rogue Project.
Snowline Gold東部Selwyn盆地項目位置地圖第5頁：Rogue、Einarson、Ursa、Cynthia和Olympus。Valley目標是Rogue項目30 x 60公里範圍內幾個前景性減少侵入型金目標之一。
ABOUT SNOWLINE GOLD CORP.
Snowline Gold Corp. is a Yukon Territory focused gold exploration company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is exploring its flagship 111,000 ha (1,110 km2) Rogue gold project 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. The Company's first-mover position and extensive exploration database provide a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.
關於Snowline Gold Corp。
Snowline Gold Corp.是一家專注於白銀地區黃金勘探的公司，擁有八個項目組合，涵蓋約360,000公頃（3,600平方公里）。該公司正在勘探其旗艦項目、111,000公頃（1,110平方公里）的Rogue金礦項目，該項目位於潛力巨大但未開發的Selwyn盆地內。Snowline的項目組合位於Tintina Gold Province繁盛的黃金區域內，那裏承載着多個超過百萬盎司的黃金礦山和礦牀。該公司作爲第一位開拓者，擁有廣泛的勘探數據庫，爲投資者提供了參與多個發現和創建新的金礦區的機會。
QUALIFIED PERSON
Information in this release has been prepared under supervision of and approved by Thomas K. Branson, M.Sc., P. Geo., VP Exploration of Snowline Gold Corp, as Qualified Person for the purposes of National Instrument 43-101.
合格人員
本次發佈的信息已在Snowline Gold Corp的負責勘探的副總裁Thomas k. Branson博士的監督下準備，並獲得了他的批准，他作爲《國家工具43-101》的資格人員。
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
代表董事會
Scott Berdahl
CEO & 董事
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com
如需更多信息，請聯繫：
Snowline Gold Corp。
+1 778 650 5485
info@snowlinegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX創業公司交易所及其監管服務提供者(如TSX創業公司政策所定義)均不承擔本發佈信息充分性或準確性的責任。
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements regarding the significance of analytical results, the significance of visual drill core observations and visible gold, the potential effects of current analytical results on future mineral resource estimates including expansion of the pit shell and de-risking of the current estimate, the discovery potential within the Valley intrusion and on other exploration targets, the potential for investors to participate in multiple future discoveries, the Rogue project having district-scale prospectivity, the creation of a new gold district and the Company's future plans and intentions. 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.
關於前瞻性聲明的警示說明
此新聞稿包含某些前瞻性陳述，包括有關分析結果的重要性，鑽孔巖芯觀察和可見黃金的重要性，當前分析結果對未來礦產資源估計的潛在影響，包括坑殼擴展和當前估計減少風險，谷脈侵入體內部的發現潛力和其他勘探目標，投資者參與未來多個發現的潛力，Rogue項目區規模的前景，新黃金區的創建以及公司的未來計劃和意圖。在可能情況下，爲了確定這些前瞻性陳述，使用了諸如「可能」、「將會」、「應該」、「能夠」、「期待」、「計劃」、「打算」、「預期」、「相信」、「估計」、「預測」或「潛在」等這些詞，或這些詞的否定形式或其他變體，或類似的詞語。這些陳述反映了管理層目前的信念，並且基於管理層目前可獲得的信息截至本日期。
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.
前瞻性陳述涉及重大風險，不確定性和假設。很多因素可能會導致實際結果，表現或業績與前瞻性陳述中討論或暗示的結果有所不同。這些因素應仔細考慮，讀者不應過分依賴前瞻性陳述。儘管本新聞稿中包含的前瞻性陳述是基於管理層認爲是合理的假設，但公司無法保證實際結果將與這些前瞻性陳述一致。這些前瞻性陳述是根據本新聞稿發佈的日期進行的，公司假設不會更新或修訂這些前瞻性陳述以反映新事件或情況，除非法律要求這樣做。
SOURCE: Snowline Gold Corp.
