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Snowline GOLD Announces Appointment of New Chief Financial Officer and Grant of Stock Options

Management Changes Share Capital & Compensation

SNOWLINE GOLD ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL

OFFICER AND GRANT OF STOCK OPTIONS

Vancouver, B.C., July 12, 2021 SNOWLINE GOLD CORP. (CSE: SGD) (US OTC:

SNWGF) (the “Company” or “ Snowline”) is pleased to announce the appointment of Mr.

Matthew Roma as Chief Financial Officer (“CFO”) and Corporate Secretary of the Company.

Mr. Roma is a Chartered Professional Accountant (CPA) with over 10 years of financial

management experience working predominantly with junior mining companies. Mr. Roma

articled at Deloitte LLP where he specialized in assurance and advisory services for publicly

listed mining companies based both in Canada and the United States.

“We are pleased to welcome Mr. Roma to the Snowline management team”, co mmented

Snowline CEO, Nikolas Matysek. “Matt’s expertise and experience will be a welcome addition

as we continue to grow as a company.”

Mr. Roma’s appointment coincides with Ms. Natasha Tsai stepping down as CFO and

Corporate Secretary to pursue other business opportunities. The Board of Directors of Snowline

express their gratitude for the significant contributions Ms. Tsai has made to the Company and

wish her well in her future endeavours.

The Company has also granted 700,000 incentive stock options to certain directors, officers,

and consultants of Snowline. Each of the stock options will be exercisable into one Common

Share at a price of C$0.35 until July 12, 2026.

ABOUT SNOWLINE GOLD CORP.

Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a 7-project

portfolio covering over 90,000 ha. The Company is exploring its flagship 72,000 ha Einarson

and Rogue gold projects in the prospective yet underexplored Selwyn Basin, with drilling

expected to commence in June 2021. Snowline’s projects all lie in the prolific Tintina Gold

Province that hosts multiple million -ounce-plus gold mines and deposits, from Kinross’ Fort

Knox mine to Newmont’s Coffee deposit. Snowline’s first mover claim position represents a

unique opportunity to explore and expand a new greenfield, district -scale gold system.

ON BEHALF OF THE BOARD

Nikolas Matysek, B.Sc. (Geol)

CEO & Director

For further information, please contact:

B

C

Snowline Gold Corp.

+1-778-228-3020

[email protected]

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 fact ors 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 read ers 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 actua l 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.