Snowline Gold Announces Fully Funded 2026 Project Development and Exploration Programs

About this update from Snowline Gold Corp.

Team mobilized for largest field program to date, focused on significant advancement of the Valley gold deposit to inform economic studies and streamlined permitting 2026 programs are fully funded, with Company cash balance of approximately $100 million providing optionality to significantly accelerate activities as needed Extensive regional exploration program with >10,000 metres of drilling focused on high priority regional targets and Valley expansion Pre-Feasibility Study (“PFS”) progressing on schedule, with targeted completion by early 2027 Expanded environmental and geoscience programs underway to support future regulatory assessments Continued collaboration with First Nation of Na-Cho Nyäk Dun and continued discussions on advanced project agreements with First Nations. VANCOUVER, British Columbia, May 05, 2026 (GLOBE NEWSWIRE) -- SNOWLINE GOLD CORP. (TSX: SGD) (US OTCQB: SNWGF) (the “Company” or “Snowline”) is pleased to provide an update on activities and plans for its 2026 field season, including significant exploration, development and environmental programs designed to advance the Company’s flagship Rogue Project, including the Valley gold deposit (“Valley”), and to assess high priority geological targets. Snowline’s primary field camp is now open, and drilling is set to commence in mid-May. “We are excited to kick off a major field season on multiple fronts,” said Scott Berdahl, CEO & Director of Snowline. “Our primary objective remains the efficient advancement and de-risking of Valley, working towards a PFS and initiating engagement on advanced permitting. Building on our exploration success is also a high priority. We will be following up on promising drill results from 2025 with a focused approach, conducting scaled-up drill programs on select high priority targets as we work towards making additional discoveries in this emerging gold district.” 2026 EXPLORATION PROGRAM A program of >10,000 m of exploratory drilling is planned for 2026, targeting near-deposit expansion of the resource at Valley and additional potential zones of high-grade gold mineralization within the Valley intrusion, as well as testing nearby prospective targets Gracie and Duke, with capacity to test additional regional targets (Figure 1). Drilling will be complemented by extensive regional greenfield exploration, including expanded soil sampling, prospecting...

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