Snowline Gold Reviews Transformative Year as it Looks Ahead to 2023

About this update from Snowline Gold Corp.

[{"type":"text","content":"Snowline Gold Reviews Transformative Year as it Looks Ahead to 2023VANCOUVER, BC / ACCESSWIRE / December 29, 2022 / SNOWLINE GOLD CORP. (CSE:SGD)(OTCQB:SNWGF) (the \"Company\" or \"Snowline\") is pleased to reflect on its trajectory over the past 12 months. With a substantial drill discovery at the Valley gold target on the Rogue Project and a $25.2 M financing completed, 2022 was a transformative year for Snowline. The Company was founded less than two years ago to explore a previously unrecognized gold district in Canada's Yukon. Multiple drill discoveries in this short window have led to substantial value creation, while validating and underscoring the broader exploration potential of Snowline's target rich >280,000 ha land position in the prolific Selwyn Basin.Snowline's top 5 highlights from 2022:Discovery: Drilled 318.8 m of 2.55 g/t Au from surface among other widely spaced highlight holes at Valley, revealing a substantial and unusually high-grade reduced intrusion-related gold system (RIRGS). 5,080 m of analytical results from the 2022 Valley drill campaign are still pendingCommunity: Established a green energy partnership with Nacho Nyak Dun Development Corporation, providing Snowline's main camp with a 27-kW solar power facility, reducing emissions, reducing costs, and building ties with First Nations and Yukon businessesGrowth: Recruited a strong in-house exploration and management team, with breadth and depth of experience paralleled by few companies in the junior mining spaceStrength: Closed a non-brokered, $25.2 M financing, allowing Snowline to ramp up scale and pace of exploration mid-season. Snowline will enter 2023 with a treasury of $22.3 M, allowing for aggressive exploration through 2023 and beyondPerformance: 311% appreciation in share price to date from January 1, 2022, ranking Snowline among the top exploration and mining companies globally for share price performance in 2022 and rewarding its discovery-focused approach. For the second straight year, SGD has seen triple digit returns (133% in 2021).\"In an otherwise difficult market, our efforts to build Snowline as a company and to rapidly advance our projects in an underexplored district demonstrate the value of discovery,\" said Scott Berdahl, CEO & Director of Snowline. \"Valley is unique in that at such an early stage, it ticks many of the bo...

More updates from Snowline Gold Corp.