VANCOUVER, British Columbia – Snowline Gold Corp. (TSX: SGD, US OTCQB: SNWGF) has provided an update on its 2026 field season, outlining a comprehensive program of exploration, development, and environmental studies aimed at advancing its flagship Rogue Project, including the Valley gold deposit, and assessing high-priority geological targets. The company’s primary field camp is now operational, with drilling scheduled to commence in mid-May.
Fully Funded Programs
The 2026 programs are fully funded, supported by a company cash balance of approximately $100 million, which provides flexibility to accelerate activities as needed. This marks the largest field program in Snowline’s history, with a primary focus on advancing the Valley gold deposit to inform economic studies and streamline permitting processes.
Pre-Feasibility Study Progress
The Pre-Feasibility Study (PFS) is progressing on schedule, with a targeted completion by early 2027. Concurrently, expanded environmental and geoscience programs are underway to support future regulatory assessments. The company continues its collaboration with the First Nation of Na-Cho Nyäk Dun and ongoing discussions on advanced project agreements with First Nations.
2026 Exploration Program
A program of over 10,000 meters of exploratory drilling is planned for 2026. This includes near-deposit expansion of the resource at Valley and testing of additional potential zones of high-grade gold mineralization within the Valley intrusion. Nearby prospective targets, Gracie and Duke, will also be drilled, with optionality to extend to Ramsey, Crossroad, and other regional targets.
Valley Expansion Targets
Drilling at Valley aims to expand the resource along open edges of the system. Recent drillhole V-25-139 (534.5 m at 0.62 g/t Au, including 42.5 m at 2.10 g/t Au) and geotechnical hole V-25-GT-007 (347.6 m at 1.00 g/t Au) highlight this potential. Additional drilling will assess other areas within the Valley intrusion for new zones of higher-grade gold mineralization, following the 2025 discovery of an extensive low-grade mineralization zone along the eastern margin.
Regional Exploration
Exploration will be complemented by extensive regional greenfield work, including expanded soil sampling, prospecting, mapping, and ground-based induced-polarization geophysical surveying at Valley. This integrated approach aims to make additional discoveries in this emerging gold district.
Scott Berdahl, CEO & Director of Snowline, stated: “We are excited to kick off a major field season on multiple fronts. 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.”
