Wide intercepts at margins of deposit show consistent gold mineralization.

Snowline Gold Corp. Dec. 19 announced the next batch of drill results from its 2024 exploration program at Valley on the company's Rogue property in Yukon, Canada, highlighting more consistent gold mineralization and reinforcing the potential of the deposit for expansion along its edges and toward an updated resource estimate.

"Today's results highlight the robust nature and scale of mineralization at the Valley deposit," said Snowline Gold CEO Scott Berdahl.

Focusing on infilling gaps and expanding the known boundaries, the latest holes were drilled in the northeast and southeast margins of Valley. This strategic placement aimed to test continuity in areas that previously lacked detailed data, further refining the deposit's geological model and providing critical insights for the next resource update.

Building on the company's ongoing exploration efforts, these holes provide critical data to better define the deposit's geometry and grade distribution. The latest assays reveal long intervals of consistent gold mineralization, with highlights from the seven holes, including significant downhole lengths of over 300 meters at grades exceeding 1 gram per metric ton gold. More specific highlights include:

Snowline Gold Corp.

Drill holes V-24-099 and V-24-098 relative to Valley's initial mineral resource model and pit shell, with visible gold marked by yellow spheres.

• 351.6 meters averaging 1.19 g/t gold from surface in hole V-24-099.

• 393.4 meters averaging 1.03 g/t gold from surface in V-24-104.

• 356 meters averaging 1.05 g/t gold from surface in V-24-101.

• 355.5 meters averaging 0.93 g/t gold from 26 meters in V-24-103.

• 136 meters averaging 1 g/t gold from 232 meters in V-24-098.

"The seven holes span a roughly 600 by 450 metre spatial footprint, primarily testing the margins of the deposit as currently understood," added Berdahl. "They consistently deliver intervals spanning hundreds of metres of continuous mineralization, generally above one gram per tonne gold and in cases above two grams per tonne – results in themselves that would be singular highlights in many other systems of this type."

With over 25,000 meters drilled during its 2024 exploration season, more than half of this total culminated in 45 holes targeting the Valley deposit, which has been defining and expanding the already well-established deposit.

Assays for 29 holes spanning over 11,600 meters, including 20 from Valley and others from regional targets, remain pending, with results anticipated to provide valuable insights into Snowline's broader Yukon portfolio.

"We are pleased to see this consistency around what are currently the edges of Valley, and we look forward to incorporating these holes into an updated mineral resource estimate along with 20 additional holes from our 2024 drill campaign at Valley still to come, as well as regional drilling results," finished Berdahl.