Snowline GOLD Intersects 13.9 Grams PER Tonne GOLD over 6.0 M Including 45.0 Grams PER Tonne GOLD over 1.5 Metres Among Widespread GOLD Hits at Its Jupiter Zone, Einarson
SNOWLINE GOLD INTERSECTS 13.9 GRAMS PER TONNE GOLD OVER 6.0 M
INCLUDING 45.0 GRAMS PER TONNE GOLD OVER 1.5 METRES AMONG
WIDESPREAD GOLD HITS AT ITS JUPITER ZONE, EINARSON
• Three drill holes fanned from the “discovery” hole J-21-011 returned similar high
gold grades, highlighted by 13.9 g/t Au over 6 m and broader intervals of gold
mineralization
• Values of 45.0 g/t (1.59 oz/ton) Au over 1.5 m and 31.1 g/t Au (1.1 oz/ton) over 1.5 m
associated with apparently “barren” quartz and in host mudstones show variable styles
of gold deposition
• Multiple mineralized structures observed, system open in all directions
• Assays pending for nine additional holes at Jupiter across 1.1 km on surface,
including J-21-020 which carried visible gold.
Vancouver, B.C., October 13, 2021: SNOWLINE GOLD CORP. (CSE: SGD) (US OTC:
SNWGF) (the “Company” or “ Snowline”) is pleased to announce additional assay results
from Phase I drilling at the Jupiter zone on its district-scale Einarson gold project in the Yukon
Territory, Canada. A set of three holes drilled radially from the same pad as J-21-011 (see
Snowline’s August 25, 2021 news release) all hit significant gold mineralization, indicating a
broad zone comprising multiple gold-bearing structures and rock units.
Drillhole From To Width (m) Au (g/t)
J-21-010 57.0 62.5 5.5 5.15
108.5 121.5 13.0 3.45
including 112.5 115.0 2.5 9.57
166.6 176.1 9.5 5.01
including 170.1 171.6 1.5 17.67
179.0 185.0 6.0 10.64
including 183.5 185.0 1.5 31.10
J-21-012 50.0 56.0 6.0 13.90
including 54.5 56.0 1.5 45.00
J-21-013 80.5 107.5 27.0 2.59
including 85.0 86.0 1.0 11.10
and 94.0 96.0 2.0 11.20
123.4 134.0 10.6 4.02
including 128.5 131.0 2.5 13.78
“These results build on our discovery hole, demonstrating the presence of a robust gold system
at Jupiter,” said Scott Berdahl, CEO and director of Snowline. “We were excited this summer
to get the excellent results from J-21-011. To follow that up with multiple broad gold intercepts
Table 1 – Drill highlights from holes 10, 12 and 13 at Jupiter. True widths are not
yet known but are expected to be between 50 to >90% of reported intervals . Note
that J-21-012 was only partially assayed.
with high grades across multiple holes indicates the significance of this mineralizing system .
Combined with our observation of gold in various forms—including native gold—this suggests
a large, fertile fluid system that readil y precipitated gold in the Jupiter area. We look forward
to seeing more drillhole assay results from encouraging intersections observed in broad step-
outs as the Jupiter discovery continues to take shape.”
Hole J-21-010 intersected extensive gold mineralization, including five distinct gold zones with
grades above 8.9 g/t Au, to a maximum of 31.1 g/t Au over 1.5 m in quartz at the base of an
interval of mineralized mudstone (Figure 3). Averaging all gold values from surface to the base
observed mineralization, including unmineralized intervals and assuming no gold content in
the top 6.5 m of overburden and unsampled material, yields 1.17 g/t Au over 185 m.
Hole J-21-012 was thought to be mostly barren due to a paucity of gold-associated minerals
and was only partially sampled. Limited sampling, however, returned a zone of 13.9 g/t Au
over 6.0 m, including 45.0 g/t Au over 1.5 m of altered mudstones cut b y quartz-carbonate
veins (Figure 4).
Hole J-21-013 was drilled towards the east, away from the target area and surface geochemical
anomaly. However, i t too hit extensive gold mineralization, including a 27.0 m interval
averaging 2.59 g/t Au and a separate interval of 13.8 g/t Au over 2.5 m (Figure 5).
Figure 1 – Drill section showing holes J-21-010 to J-21-013, with gold assays represented as yellow bar plots downhole . A
preliminary schematic interpretation suggests mineralized zones (red) dip roughly east-northeast, though this basic
interpretation is unlikely to capture structural complexity suggested by fold and fault structures observed in drill core, and
the continuity between holes remains to be seen. Hole J-21-012 was drilled towards the viewer and is truncated where it
pierces 50 m in front of section. It was only assayed in a few select intervals below this point. Hole J-21-013 projects slightly
backwards from the section. True widths of reported intersections are not yet known but are expected to be between 50
to >90% of reported intervals.
6.0 m @ 10.6 g/t Au
incl. 1.5 m @ 31.1 g/t Au
9.5 m @ 5.01 g/t Au
13.0 m @ 3.45 g/t Au
5.5 m @ 5.15 g/t Au
6.0 m @ 13.90 g/t Au
incl. 1.5 m @ 45.0 g/t Au
27.0 m @ 2.59 g/t Au
10.6 m @ 4.02 g/t Au
incl. 2.5 m @ 13.8 g/t Au
Cross Section
Looking Northeast
(030°) 12.5 m @ 5.35 g/t Au
incl. 5.0 m @ 10.5 g/t Au
6.5 m @ 13.2 g/t Au
incl. 1.3 m @ 43.5 g/t Au
JUPITER ZONE
020
021
J-21-001
J-21-002
J-21-004
J-21-008
J-21-014
J-21-007
4.0m @ 4.10 g/t Au
001
003
002
004
005
006
007
009
014
010
011
013
012
008
J-21-006
7.05m @ 3.96 g/t Au
J-21-011
12.5m @ 5.35 g/t Au
incl. 5.0m @ 10.43 g/t Au
6.5m @ 13.21 g/t Au
incl. 1.3m @ 43.48 g/t Au
015
016
017
018
019
J-21-020*
J-21-021
*trace visible gold
Figure 2 – Plan map of the Jupiter zone with newly received assays in the context of the broader soil and rock geochemical
anomaly. Holes are labelled with significant assay results received to date. Results for nine holes are still pending. Collar sites
are shown as circles with drill traces shown as solid black lines. Snowline’s 2021 drill campaign is the first ever drill testing of
the recently identified Jupiter zone on the district-scale Einarson gold project.
1.1 km
J-21-003
1.5m @ 1.40 g/t Au
J-21-010
5.5m @ 5.15 g/t Au
13.0m @ 3.45 g/t Au
9.5m @ 5.01 g/t Au
incl. 1.5m @ 17.7 g/t Au
6.0m @ 10.6 g/t Au
incl. 1.5m @ 31.1 g/t Au
J-21-012
6.0m @ 13.9 g/t Au
incl. 1.5m @ 45.0 g/t Au
J-21-013
27.0m @ 2.59 g/t Au
incl. 1.0m @ 11.1 g/t Au
incl. 2.0m @ 11.2 g/t Au
10.6m @ 4.02 g/t Au
incl. 2.5m @ 13.8 g/t Au
J-21-005
1.0m @ 0.98 g/t Au
Figure 5 – Gold bearing fold hinges in J-21-013. The 2.5 m interval from 128.5 m to 131.0 m downhole averaged 13.8 g/t Au,
near the base of a 10.6 m interval averaging 4.02 g/t Au. The true width and the overall geometry of this intercept is not
known, but it is estimated to be between 50 -70% of the downhole interval . This image was shown in a previous Snowline
release (August 25, 2021) as evidence of promising mineralization observed visually in forthcoming holes. The company
eagerly awaits results from additional promising holes that have assays pending.
Figure 3 – Visually unimpressive core from J-21-010 returned impressive grades. The 6 m interval shown from 179 m to 185
m downhole averaged 10.6 g/t Au in altered Narchilla formation siltstones with disseminated arsenopyrite. The final 1.5 m
from 183.5 m to 185 m downhole, which has a larger quartz component and likely pierces a fold hinge, returned 31.1 g/t Au.
True widths are not known but based on core angles are estimated at 70-90% of downhole intervals for this section.
Figure 4 – Hole J-21-012 lacked the gold-associated mineral arsenopyrite but did not lack gold. The 6-metre interval from
50 to 56 m downhole averaged 13.9 g/t Au , including 1.5 metres of 45.0 g/t Au from 54.5 m hosted largely in altered
siltstones. The lack of arsenopyrite is an encoura ging sign from a metallurgical standpoint. True width of this interval is not
known but is estimated at 70 to 90% or more of the downhole interval.
At Jupiter, anoma lous gold concentrations are found in and around fault zones, in local fold
hinges, in quartz veins and disseminated within sulphide -bearing mudstones of the Narchilla
Formation. Gold is commonly associated with acicular to fine grained “sooty” arsenopyrite and
varying amounts of pyrite, though it is also observed in quartz carbonate veins with low
sulphide content and as rare instances of native gold. Multiple vein generations demonstrate
that multiple fluid events affected the rocks. Gold mineralization u sually occurs within larger
zones of clay alteration that partially bleach the colours of the host mudstones. A distinct olive-
green coloured clay alteration is associated with many mineralized zones. The diversity in
styles and settings of gold mineraliza tion along with host-rock alteration observed over more
than a kilometer are evidence of a large, fertile hydrothermal fluid system that readily deposited
gold.
Drillhole
ID
Coordinates (NAD83 Zn9) Orientation (True) Interval* (metres) Grade (Au
g/t) Easting Northing Azimuth Dip From To Width
J-21-005 381494 7089921 250 -50 44.0 45.0 1.0 0.98
J-21-010 381905 7089136 300 -50 57.0 62.5 5.5 5.15
69.0 73.5 4.5 1.31
97.0 101.0 4.0 1.26
108.5 121.5 13.0 3.45
including 112.5 115.0 2.5 9.57
remainder 10.5 2.00
136.0 137.5 1.5 6.96
166.6 176.1 9.5 5.01
including 170.1 171.6 1.5 17.67
remainder 8.0 2.64
179.0 185.0 6.0 10.64
including 183.5 185.0 1.5 31.10
remainder 4.5 3.82
From surface: 0.0 185.0 185.0 1.17
J-21-012 381906 7089138 230 -50 21.0 24.0 3.0 1.16
50.0 56.0 6.0 13.90
including 54.5 56.0 1.5 45.00
remainder 4.5 3.53
J-21-013 381908 7089135 90 -70 80.5 107.5 27.0 2.59
including 85.0 86.0 1.0 11.10
and 94.0 96.0 2.0 11.20
remainder 24.0 1.52
123.4 134.0 10.6 4.02
including 128.5 131.0 2.5 13.78
From surface: 0.0 134.0 134.0 0.86
Table 2 – Hole details and notable intervals in holes for which assays have been received since Snowline’s August 25, 2021 news
release. True widths are not yet known but are expected to run between 50 and >90% of reported downhole intervals.
Jupiter likely represents an epizonal orogenic gold system. It is one of ten target zones
prospective for orogenic and/or Carlin -style gold mineralization currently recognized on
Snowline Gold’s 70% -owned, district -scale Einarson project. Adjacent projects Rogue and
Ursa are prospective for intrusion -related gold, and sediment -hosted gold and base metal
deposits. No resources nor reser ves have been estimated for any of these targets, and while
current results are encouraging, they do not guarantee that economically viable ore bodies will
be encountered at Jupiter or elsewhere. Readers are cautioned that without assay results, the
true significance of the intersections reported herein is uncertain.
FORTHCOMING RESULTS
The Company awaits assay information on an additional nine holes from Jupiter, including J-
21-020 which contained visible gold, and other holes with encouraging zones of alteration,
quartz-carbonate veins and/or sulphide mineralization.
In addition to the remaining drillhole results from the Jupiter zone, the co mpany also awaits
assay information for its four holes drilled at the Valley zone on the nearby Rogue project. All
four holes at Valley intersected trace amounts of visible gold in drill core. Valley is a reduced-
intrusion related gold target following a b ulk-tonnage exploration model. Gold is hosted in
large networks of centimetre-scale sheeted quartz veins within and around a felsic intrusion.
In hole V-21-001, sheeted quartz veins were observed across its 161 m length. Thirty -one of
the many veins observed in this hole contained trace amounts of visible gold, with up to five
gold grains in a given vein. Visible-gold bearing veins were distributed roughly evenly across
the length of the hole.
QA/QC AND QUALIFIED PERSON
On receipt from the drill site, drill core was systematically logged for geological attributes,
photographed and sampled. Smaller sample lengths were used to isolate zones of interest,
otherwise a default 1.5 m downhole sample length was used. The holes in this release were not
sampled top to bottom. Core was cut in half lengthwise, with one half collected for analysis
and one half stored as a record. Standard reference materials, blanks and duplicate samples
were inserted by Snowline personnel at regular i ntervals into the sample stream. Bagged
samples were sealed with security tags to ensure integrity during transport. They were delivered
by expeditor and by Snowline personnel to ALS Laboratories’ preparatory facility in
Whitehorse, Yukon, with analysis completed in Vancouver.
ALS is accredited to ISO 17025:2005 UKAS ref 4028 for its laboratory analysis. Samples were
crushed by ALS to >70% passing below 2 mm and split using a riffle splitter. 250 g splits were
pulverized to >85% passing below 75 microns. An aqua regia digest with an inductively
coupled plasma mass spectroscopy (ICP-MS) finish was used for 51-element analysis on 50 g
samples (ALS code: Au -ME-TL44). Any sample returning >50 ppb Au was re -analysed for
gold content by fire assay with an inductively coupled plasma atomic emission spectroscopy
(ICP-AES) finish on 30 g samples (ALS code: Au -ICP21). Over-limit samples of >10 g/t Au
were analyzed by fire assay with a gravimetric finish again on a 30 g sample (ALS code: Au -
GRA21). Where more than one gold assay exists for a sample, assays reported herein prioritize
these methods in reverse order.
Information in this release has been prepared and approved by Scott Berdahl, P. Geo., Chief
Executive Officer of Snowline and a Qualified Person for the purposes of National Instrument
43-101.
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 o f 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
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 vent ure 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”, “a nticipate”, “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 materi ally 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 th e 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 assum es no obligation to update or revise them to reflect new events or
circumstances, except as required by law.