Snowline Gold Corp. · TSX:SGD
Snowline Gold — Investor Presentation (2026)
37 slides from Snowline Gold's investor presentation, 2026
Slide 1: A New Gold Standard
A NEW GOLD STANDARD Corporate Presentation Q3 2026 TSX: SGD | OTC: SNWGF TSX: SGD | OTCQB: SNWGF SNOWLINEGOLD.COM
Slide 2: Cautionary Disclaimers
CAUTIONARY DISCLAIMERS CAUTIONARY DISCLAIMERS The information in this presentation is in a summary form and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situatio
Slide 3: Land Acknowledgement
LAND ACKNOWLEDGEMENT Snowline respectfully acknowledges that our offices and operations are located on the Traditional Territories of several Indigenous Peoples and First Nations. Our flagship Rogue Project and potential infrastructure footprint overlaps with Traditional Territories of the First Nat
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS ADVANCING A GLOBALLY RELEVANT PROJECT Robust economics in recent PEA for Snowline’s 100%-owned Valley gold deposit (C$11.4B NPV5% @ US$4,500/oz Au1), a best-in-class reduced-intrusion related gold system with 7.94 million ounces gold M&I at 1.21 g/t Au1 and favourable charact
Slide 5: Preliminary Economic Assessment (PEA)
PRELIMINARY ECONOMIC ASSESSMENT (PEA) Valley PEA results1 demonstrate potential for a robust, high-margin operation High Gold Production Potential top 3 Canadian gold mine by production2 Low Costs AISC in the lowest 6% of the global cost curve3 Long Mine Life Initial 20-year life compares favo
Slide 6: Valley PEA – By the Numbers
VALLEY PEA – BY THE NUMBERS PRODUCTION ALL-IN SUSTAINING COSTS1 PAYABLE GOLD 544 koz/year US $569/oz 6.8 Moz Au first 5 full years (payable gold) first 5 full years 95% Measured & Indicated 341 koz/year life-of-mine US $844/oz life-of-mine from 7.4 Moz @ 1.34 g/t Au MINE LIFE INITIAL CAPEX STRIP RAT
Slide 7: Location & Infrastructure
LOCATION & INFRASTRUCTURE CANADA’S YUKON: A SAFE AND STABLE JURISDICTION • Long mining history and established permitting processes REMOTE BUT ACCESSIBLE • 75 km from government-maintained North Canol Road • 30 km from existing winter heavy equipment trail used for historical mining in the area
Slide 8: Top Tier Production & Cost Profiles
TOP TIER PRODUCTION & COST PROFILES 697 Annual Gold Production (koz) All-in Sustaining Costs2 (US$/oz) 639 535 507 Ramp-up 381 343 327 310 297 288 294 283 276 277 269 256 $1,520 262 216 $1,151 $1,135 $1,073 $1,036 $1,006 224 $912 $993 $981 $971 $961 $876 $857 $894 $820 $645 $466 $470 130 $398 1 2 3
Slide 9: High Margins & Rapid Payback
HIGH MARGINS & RAPID PAYBACK $20.86 B Cumulative post-tax FCF (LOM) $2,800 $21,000 $2,400 $18,000 Cumulative Post-Tax Free Cash Flow ($M CDN) $2,000 $15,000 Annual Free Cash Flow ($M CDN) $1,600 $12,000 $6.63 B $1,200 Ramp-up Cumulative post-tax $9,000 FCF (LOM) $800 $6,000 $400 $3,000 $0 $0 -4 -3 -
Slide 10: Leverage to Gold Prices
LEVERAGE TO GOLD PRICES 100% gold exposure offers substantial upside to higher gold prices Spot After-Tax Economics: PEA Long-term Prices Price Consensus NPV5%1 48.9% “ALL WEATHER” DEPOSIT IRR1 High grades at surface drive compelling economics across a wide range of gold prices 36.6% C $11.4 B H
Slide 11: Among Canada's Most Productive Gold Projects
AMONG CANADA’S MOST PRODUCTIVE GOLD PROJECTS 132 Mt 2025 Estimates: Gold Production (koz) 66 Mt Open Pit Material Moved (incl. waste) 50 Mt 544 42 Mt 42 Mt 37 Mt1 17 Mt 1 2 3 4 5 6 7 8 9 10 Valley would be the third largest asset in Canada by gold output and a top 13 asset globally2, with efficient
Slide 12: One of the Lowest Cost Assets Globally
ONE OF THE LOWEST COST ASSETS GLOBALLY US$5,000 First Quartile Second Quartile Third Quartile Fourth Quartile Spot Au Prices: >US$4,500/oz US$4,000 US$3,000 By-Product AISC (US$oz) PEA Study Price: US$2,150/oz US$2,000 US$1,000 -- -- Valley Valley 15,705 Pueblo Detour 31,411 Lihir Nevada 47,117 Kiba
Slide 13: Significant Local Impact
SIGNIFICANT LOCAL IMPACT Nevada GDP2 Yukon GDP1 Nunavut GDP1 6% 46% Mining & Natural Mining, Resources Quarrying, GDP: US $260.7 B Oil & Gas GDP: C $4.1 B Population: 3.3 M Population: 41 k Mining, Quarrying, NWT GDP1 Alberta GDP1 Oil & Gas 25% GDP: C $3.3 B + Valley 18% Mining, Population: 47 k Min
Slide 14: Conceptual Advancement Timeline
CONCEPTUAL ADVANCEMENT TIMELINE Priorities for 2026 include continuing early engagement with First Nations on forward-looking plans, YESAB pre-submission engagement with Yukon and Federal regulators, and completion of a Prefeasibility Study for the Construction Rogue Project (Valley deposit) Ready P
Slide 15: Updated Mineral Resource Estimate
UPDATED MINERAL RESOURCE ESTIMATE June 2024 May 2025 ~28 km drilling ~53 km drilling Resource Tonnage Grade Contained Gold1 ROBUST CONVERSION Category (Million (Au g/t) (Million 96% increase in M&I from initial MRE in 2024 to updated Tonnes) Ounces) MRE in 2025, with high-grade core confirmed Meas
Slide 16: Valley Attributes
VALLEY ATTRIBUTES B B’ TIER ONE SCALE HIGH GOLD GRADES FROM SURFACE EXPORATION UPSIDE • 7.4 Moz Au mined at average 1.34 g/t Au • Phase 1 pit averages >2.3 g/t Au with low strip • Promising near-deposit results • Deposit still open in several directions • Initial capital de-risked by rapid pay
Slide 17: Valley Opportunities
VALLEY OPPORTUNITIES Additional opportunities to evaluate during subsequent study phases PRODUCTION RATE OPTIMIZATION • PEA a “base case” starting point – production rates and schedules to be studied in upcoming studies • Increasing mill throughput for Year 6 could potentially sustain higher produ
Slide 18: District Upside
DISTRICT UPSIDE 100% owned, 360,000-hectare first-mover land package with 30+ primary targets CLUSTERED SYSTEMS • Reduced-intrusion related gold systems often occur in clusters • Multiple targets on broader Rogue project with similar gold and pathfinder mineralization DISTRICT SCALE POTENTIAL •
Slide 19: Valley – Checking Every Box
VALLEY – CHECKING EVERY BOX1 High Quality Project Economics C$3.37 billion NPV @$2,150/oz AU 25% after tax internal rate of return @$2,150/oz Au 544koz/yr Au @ $569/oz AISC (first five full years) Relevant Globally and to the Yukon Potential top 3 Canadian gold mine by production Potential
Slide 20: Snowline Gold Corporate Overview
SNOWLINE GOLD Corporate Overview TSX: SGD | OTC: SNWGF TSX: SGD | OTC: SNWGF
Slide 21: A Next-Generation Explorer
A NEXT-GENERATION EXPLORER 2023-2025 ROBERT E. LECKIE AWARDS for Excellence in Environmental Stewardship 2025 YUKON SUSTAINABILITY AWARD Snowline’s “Forks” Camp Valley deposit, surface view Snowline staff at Valley SNOWLINE GOLD IS DRIVEN BY FOUR GUIDING PRINCIPLES: ENVIRONMENT INITIATIVE Recogn
Slide 22: Leadership – Building on Experience
LEADERSHIP – BUILDING ON EXPERIENCE MANAGEMENT Scott Berdahl Calum Morrison Lauren McDougall Victor Vdovin Thomas Branson Sergio Gamonal Brian Hegarty Oliver Curran CEO & Director President & Director CFO & VP Engineering VP Exploration Chief Geologist VP Sustainability & VP Environment & Corporate
Slide 23: Building Momentum
BUILDING MOMENTUM Initial Rogue Project claims Snowline Valley: 554 m ONGOING Valley Valley staked launched @ 2.5 g/t Au REGIONAL discovery updated MRE1 First drill from surface 7.9 Moz Au MOU with First DISCOVERY hole: 410 m @ DRILLING holes at 1.9 g/t Au Valley initial M&I 0.9 Moz Nation of Na-
Slide 24: Delivering Shareholder Value
$20.00 $18.00 DELIVERING SHAREHOLDER VALUE $16.00 +5,687% in $14.00 ~5 years SGD since launch $12.00 GDXJ1 $10.00 BTC/USD1 1Normalized to SGD initial $8.00 public offering of C$0.30 $6.00 $4.00 Since launch, Snowline has outperformed the $2.00 GDXJ by over 2,200% (and Bitcoin by $0.00 over 2,700%) M
Slide 25: Strong Capital & Coverage
STRONG CAPITAL & COVERAGE CAPITAL STRUCTURE OWNERSHIP Basic Shares Outstanding 188.4 M Management Options 6.7 M 6% Restricted Share Units & Deferred Share Units 1.3 M 34% 23% Insiders & HNW Fully Diluted Shares Outstanding 196.4 M Market Capitalization (Aug 12 - $16.72 share price) $3.2 B B2Gold (9.
Slide 26: Appendix
APPENDIX TSX: SGD | OTC: SNWGF TSX: SGD | OTC: SNWGF 26
Slide 27: More Gold per Unit of Rock Moved
MORE GOLD PER UNIT OF ROCK MOVED Grade Strip Ratio Strip-Adjusted Grade Mine/Project Location Owner (Au g/t) (waste : ore) (Au g/t including waste) Valley (Phase 1) Ada Tepe (2023-2026) Yukon Bulgaria Snowline Dundee Precious 2.34 5.19 0.1 3.8 2.05 1.07 UNIQUE ON A GLOBAL SCALE Valley (LOM) Yukon Sn
Slide 28: Singular Amongst Single Asset Production
SINGULAR AMONGST SINGLE ASSET PRODUCTION $0 $400 Valley (yr 2-6) All-In Sustaining Costs ($US/oz) Valley (LOM) Senior Producer Blackwater LOWER COSTS $800 Okvau Average (2020) TZ Fruta del Norte Kainantu Bombore (90%) ELG $1,200 Gwalia Sanbrado (90%) Senior Producer Karlawinda Porcupine Asanko (90%)
Slide 29: Unique in the Global Development Pipeline
UNIQUE IN THE GLOBAL $0 DEVELOPMENT PIPELINE $400 Valley (yr 2-6) All-In Sustaining Costs ($US/oz) Alkane Resources Skeena Resources Rupert Resources Perpetua Resources Valley (LOM) LOWER COSTS $800 First Mining Kingston Resources Gold Spanish Mountain Gold STLLR Gold NeXGold Mining Great Bear Integ
Slide 30: Development-Stage Precedent Transactions
DEVELOPMENT-STAGE PRECEDENT TRANSACTIONS1 Greater than US $1B, last 15 years With a strong go-forward team and treasury, Snowline has a clear path to unlocking shareholder value through development—while comparable M&A transactions highlight significant upside potential Date Target Acquiror Stage
Slide 31: PEA - Site Infrastructure & Capital Costs
PEA - SITE INFRASTRUCTURE & CAPITAL COSTS Compact site footprint located in wide, flat valley bottom RIGHT-SIZED SITE INFRASTRUCTURE & COMPACT FOOTPRINT • High grades and low strip allow for an efficient scale and footprint relative to gold output • Mill, camp, offices, waste rock storage and wate
Slide 32: PEA - Production & Mining Costs
PEA - PRODUCTION & MINING COSTS Conventional open-pit truck and shovel mine benefitting from favourable deposit characteristics Production Schedule: 9.0 Mtpa / 25 ktpd 30 3.0 25 2.5 Mined Tonnes (Mt) 20 2.0 Au (g/t) 15 1.5 10 1.0 5 0.5 0 0.0 -2 -1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 P
Slide 33: PEA - Processing
PEA - PROCESSING Conventional processing flowsheet achieving high gold recoveries CONVENTIONAL PROCESSING FLOWSHEET Run of Mine Material • 25,000 tpd nameplate capacity Gyratory Crusher Pre-Leach Thickener • Crushing and grinding via gyratory crusher, SAG Cyanidation-CIL Feed mill and Ball mill Au
Slide 34: District-Scale Blue Sky
DISTRICT-SCALE BLUE SKY 100% owned, 360,000-hectare first-mover land package with 30+ primary targets Einarson Project – Venus: Historical (2012) drilling to 9.67 g/t Au over 38.7 m, surface grab samples to 191 g/t Au Rogue Project – Aurelius Target: Newly discovered (2023) 2,000 by 500 m anomaly
Slide 35: Rogue Project - Gracie Target
ROGUE PROJECT - GRACIE TARGET Valley Snowline drilling to 2.5 g/t Au over 553.8 m • GRACIE: Kilometers-scale gold-in-soil/talus fines anomaly above intact intrusion • 43 talus fine samples from a 1,600 x GRACIE 800 m central area average 0.49 g/t Au, with 8 samples >1 g/t Au TARGET • Visible gold an
Slide 36: Einarson Project - Jupiter Discovery
EINARSON PROJECT - JUPITER DISCOVERY TARGET HIGHLIGHTS • EPIZONAL OROGENIC GOLD system – a novel discovery for this region • WIDESPREAD MINERALIZATION to 13.9 g/t Au over 6.0 m (including 45.0 g/t Au over 1.5 m) encountered in first-ever drill testing at Jupiter • MULTIPLE HIGH-GRADE INTERCEPTS alon
Slide 37: Investor Presentation | Q3 2026
SNOWLINE GOLD Vancouver Office 300-900 W Hastings Street Vancouver, BC V6C 1E5 Whitehorse Office 3151 3rd Avenue Whitehorse, YT Y1A 1G1 Connect With Us! info@snowlinegold.com snowlinegold.com Whitehorse Office INVESTOR PRESENTATION | Q3 2026 TSX: SGD | OTC: SNWGF TSX: SGD | OTC: SNWGF