Snowline Gold Corp.

Company Data | Introduction | Projects in Hand | Management
News Update | Chinese

Company Data

Introduction

Snowline Gold Corp. is a Yukon Territory focused gold exploration and development company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is advancing its Valley deposit—a large, low-strip, near surface, >1 g/t Au bulk tonnage gold system located in the eastern Yukon—while continuing regional exploration of surrounding targets on the Rogue Project and the broader district 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 across the central Yukon and Alaska. The Company's comprehensive first-mover position and extensive exploration database provide a distinct competitive advantage and a unique opportunity for investors to be part of multiple discoveries, the advancement of a significant gold deposit, and the potential creation of a new gold district.

Investment Highlights

Foundation of a Developer

• Rapidly advancing Snowline Gold's flagship Valley discovery, a best-in-class reduced-intrusion gold system with an initial pit-shell constrained resource 4.05 Moz Au indicated at 1.66 g/t and an additional 3.26 Moz Au inferred at 1.25 g/t*

Upside of an Explorer

• Prospective >360,000 ha land package with 30+ gold targets across eight projects targeted by aggressive exploration campaigns in underexplored Yukon Territory

Strong Treasury & Management Team

• >$61M treasury with highly experienced, Yukon-focused management and technical teams

Commitment to Environment, Community & Responsible Exploration

• Recipient of the 2023 & 2024 Robert E. Leckie Awards selected by Yukon Government and First Nations for Snowline's environmental stewardship efforts

*For further information, see the Company's July 23, 2024, NI 43-101 Technical Report and Mineral Resource Estimate for the Rogue Project, available on the Company's website and on SEDAR+.

Snowline Gold is driven by Four Guiding Principles:

Environmental Respect

• Recognition that the Yukon's wilderness is an invaluable asset with a commitment to responsible exploration

Building Community

• Working to benefit local communities, First Nations and the Yukon Territory with skills training, economic opportunities and local partnerships

Going Big

• Exploring blue-sky concepts in fertile rocks for game changing discoveries and sustainable projects

Doing Things Right

• Commitments to safety, integrity and exceeding best practices; to scientific rigour and stewardship of shareholder's funds

A New Light on the Yukon

Snowline's first-mover positions and game-changing discoveries provide a unique opportunity for investors to be part of the creation of a new gold district.

Recent Milestones

• Released initial Valley Deposit MRE (June 2024), establishing Valley as a leading greenfield gold discovery on a global scale
• Completed ~35,000 m drilling since MRE, while discovering multiple new gold targets at surface
• Raised $31.9M at a 37% premium to market, allowing for growth through an upscaled exploration program with minimal dilution
• Received second consecutive Robert Leckie Award for Excellence in Environmental Stewardship along with 2025 Yukon Sustainability Award

2025 Upcoming Catalysts

• Updated Mineral Resource Estimate for Valley based on 90% increase in drilling (infill & expansion)
• Preliminary Economic Assessment for Valley
• District-scale discovery potential, with five drills on site for extensive regional campaign and rapid advancement of Valley deposit in 2025
• Ongoing engagement with Yukon First Nations

Projects in Hand

Rogue Gold Project (Flagship Project)

Valley Deposit

• New, at-surface, bulk tonnage drill discovery with large, open 3D volume and strong gold grades ideally situated for efficient extraction
• High Consistency: Strong continuity within and between holes, with highest grades at surface
• Exceptional Results: Unusually high gold grades for deposit model type, with setting, age and style comparable to multi-million-ounce deposits, including Kinross's Fort Knox Mine in Alaska
• 2024 Drilling: >25,000m (not yet factored into resource). Updated MRE expected prior to 2025 drill program
• Robust Initial Estimate
• Rapid Advancement: First ever holes drilled in September 2021, initial mineral resource estimate completed by October 2023 at a discovery cost of C$3.20 per ounce.
• Open to Expansion: Strong gold values on multiple open edges of the deposit and large zones of mineralization outside of the current pit shell constraint (not included in initial resource estimate)

• Strong Metallurgy
• Non-Refractory Metallurgy: Average gold recoveries of 94.1% (bottle roll), 95.4% (flotation) and 95.7% (carbon-in-leach) on 75 µm grind (48 hrs)
• Clean Mineralization: Strong natural buffering, low sulphur, low levels of deleterious elements
• Advanced Metallurgical Testing Ongoing
• Widespread Native (“Free”) Gold: Average of one quartz vein with observed visible gold every 7.2 m through all >53,000 m of drilling on and around Valley deposit to date

Regional Targets:

Gracie Target, Rogue Project

• Kilometers-scale gold-in-soil/talus fines anomaly above intact intrusion
• 43 talus fine samples from a 1,600 x 800 m central area average 0.49 g/t Au, with 8 samples >1 g/t Au
• Visible gold and localized high grades observed in multiple drill holes

Jupiter Discovery, Einarson Project

• An 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 in 2021
• Multiple high-grade intercepts along individual drill holes. Gold found in quartz carbonate veins and disseminated through large zones of altered wall rock
• Blind target: all holes somewhat random tests of system
• Potential analogues include Agnico's Fosterville Gold Mine and New Found Gold's Queensway discoveries
• 2024 Drilling: >1,500m at Jupiter target

Management

Scott Berdahl, M.Sc., MBA, P.Geo., CEO, Director, Co-Founder

Mr. Berdahl has over 15 years' industry experience. Born and raised in the Yukon and based in Whitehorse, he brings a strong technical grounding in discovery-stage exploration alongside in-depth local knowledge. He has business development experience with a number of private and listed companies focused on gold and base metals.

Lauren McDougall, CPA, CMA, Chief Financial Officer

Ms. McDougall has 15 years of experience in corporate finance roles within the mining industry. Ms. McDougall is a Chartered Professional Accountant (CPA, CMA). She holds a BCom in Finance and International Business from Carleton University.

Sergio Gamonal, M.Sc., Chief Geologist

Mr. Gamonal brings over 15 years' exploration experience to the Company, having held senior roles at major mining companies Barrick and Kinross. Most recently, he served as country Exploration Manager with Barrick Gold.

Thomas Branson, M.Sc., P.Geo., VP Exploration

Mr. Branson has over 15 years' industry experience. Having helped to organize and manage more than $55M in exploration expenditures and over 180,000 metres of drilling, he brings a range of experience from greenfields exploration through to feasibility level studies, which includes programs in the Wernecke Mountains and Wolverine mine in Yukon, Mount Milligan, Kemess and Scottie Gold mines in BC and Pure Gold Mine in Ontario.

Brian Hegarty, MSc, BSc, VP Sustainability & External Relations

Mr. Hegarty has more than 15 years' experience in Indigenous, environmental and regulatory affairs, focused on mining in the Yukon. Most recently, he served as Vice President at C3 Alliance Corp.

Stephanie Hansen, BA, Director of Marketing & Investor Relations

Ms. Hansen brings nearly a decade of marketing experience to Snowline.

BOARD OF DIRECTORS

Craig Hart, PhD, FSEG, FGAC, Independent Chair

Dr. Craig Hart is a world-renowned scholar on gold and copper deposits. He most recently served as Director of the Mineral Deposit Research Unit at the University of British Columbia.

Sarah Weber, B.Sc., MBA, P.Geo., Independent Director

Ms. Weber has over 20 years of diversified experience in the natural resource sector. She is President and CEO of C3 Alliance Corp.

Calum Morrison, CPA, CFA, Independent Director

Mr. Morrison is a mining finance professional with nearly two decades of experience in business development, mergers and acquisitions, corporate strategy and capital markets. Most recently, Mr. Morrison was the Vice President of Business Development and CFO of Great Bear Resources Ltd., and the President and CEO of Great Bear Royalties Corp.

Gil Lawson, Independent Director

Mr. Lawson is an experienced mining professional engineer with over 38 years of experience in project development, mine planning, and mine management. He most recently as Chief Operating Officer for Calibre Mining Corporation's Valentine Gold Project.

Scott Berdahl, M.Sc., MBA, P.Geo., CEO, Director, Co-Founder

Mr. Berdahl has over 15 years' industry experience. Born and raised in the Yukon and based in Whitehorse, he brings a strong technical grounding in discovery-stage exploration alongside in-depth local knowledge. He has business development experience with a number of private and listed companies focused on gold and base metals.

News Update

On January 06, 2026, Snowline Gold Corp. provided a summary of key activities and achievements from 2025, which saw the Company take major strides in its internal development alongside advancement of the Valley gold deposit ("Valley") on its flagship Rogue project in the eastern Yukon (the "Rogue Project"). Snowline enters 2026 with a strong treasury, proven management and a clear path forward, with numerous potential catalysts towards creating further shareholder value.

All terms not otherwise defined have the meaning given to them under the CIM Definition Standards for mineral resources and reserves.

Snowline's top five highlights from 2025:

1. Robust Preliminary Economic Assessment ("PEA"): Rogue Project PEA outlines a high-output, low-cost, long-lived operation at Valley with compelling economics and clear growth potential. At the US$2,150/oz gold price used for economic modelling, the PEA yields a C$3.4B net present value at a 5% discount rate ("NPV 5% ") [1] , 25% post-tax internal rate of return ("IRR"), a 2.7-year payback of C$1.7B initial capital and C$426M in average annual after-tax free cash flow ("Average Annual FCF") [2] over a projected 20-year life of mine ("LOM"). At year-end 2025 spot gold prices (US$4,300/oz), the same model [3] yields C$10.7B NPV 5% , 47% IRR, 1.7-year payback of initial capital and C$1.1B Average Annual FCF over 20 years. Details of the PEA can be found in the August 27, 2025 technical report (the "Technical Report") [4] .
2. Strengthened Leadership Team & Board: Key additions bring highly relevant development, permitting, community relations and capital markets experience to Snowline. Senior management saw the addition of a VP Engineering (Victor Vdovin), VP Environment & Permitting (Oliver Curran), Chief Financial Officer (Lauren McDougall), and President (Calum Morrison), each accomplished with highly relevant experience in their respective positions. At the Board of Directors ("Board") level, Snowline further strengthened its oversight with the addition of experience and expertise in project finance and large-scale M&A (Rob Doyle) and First Nations relations and economic development (Crystal Smith). Read full biographies here.
3. Community Impact and Environmental Recognition: Third consecutive Robert E. Leckie Award for environmental performance along with the Yukon Chamber of Mines' Community Award and ECO Canada's Yukon Sustainability Award. The awards highlight recognition from government, First Nations, industry and the broader public of Snowline's ongoing commitment to setting a high bar for the resources industry in the Yukon.
4. Financial Strength: Raised over C$122 million gross proceeds in strongly oversubscribed placements , providing Snowline financial flexibility to support multiple years of advancement of Valley, while continuing exploration across an emerging, district-scale portfolio. B2Gold Corp. maintained its 9.9% ownership position, underscoring continued strategic support for Snowline's activities in the Yukon.
5. Shareholder Returns: 240% increase in share price in 2025 , contributing to average annualized returns of 131% per year over 4.8 years since Snowline's launch in March 2021. [5]

"Snowline is a very different company in December 2025 than we were coming into this year," said Scott Berdahl, CEO & Director of Snowline. "We've derisked and advanced Valley from its initial 2024 mineral resource estimate to an updated estimate and a robust PEA while making significant progress on a prefeasibility study ("PFS"). This includes completion of a major field campaign to support informed future engineering decisions, environmental review and advanced permitting, all while advancing our greenfield exploration pipeline. Internally, we've added strong, relevant expertise to our management team and board that will help to guide us towards a production decision.

"While we achieved many notable milestones this year, I am proudest of the performance of our team and the culture of safety and responsibility that we have created within the Company. 2025 saw Snowline's largest and most complex field program to date, with 14,524 field days worked across three camps and 10 main target sites, and many new field activities focused on advancement and project development. We accomplished this ambitious program without a single lost-time incident.

"With such an exceptional team and resources at hand, we are in a fortunate position to be advancing one of the world's leading development-stage gold assets amidst a global paucity of new discoveries, during a significant bull market."

On December 18, 2025, The Globe and Mail reports in its Thursday, Dec. 18, edition that Scotia Capital analyst Eric Winmill has an unchanged "sector perform" call on Snowline Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sills gave his share target a $3.50 boost to $20. Analysts on average target the shares at $16.93. Mr. Winmill says in a note: "Snowline announced initiation of a fully funded prefeasibility study (PFS) for its Valley gold deposit, part of the flagship Rogue project in eastern Yukon. Significant groundwork for the PFS was completed during the 2025 field program, which included extensive engineering and environmental initiatives. These efforts involved drilling, metallurgical testing, hydrological and geochemical sampling, and an expansion of environmental baseline data collection to support future permitting. The PFS is anticipated to take 12 to 15 months. We see initiation of the PFS as a milestone for the company following release of the PEA." The Globe reported on Feb. 26 that Desjardins Securities analyst Allison Carson rated Snowline Gold "buy" in new coverage with an $11 share target. The shares could then be had for $6.30.

On December 16, 2025, Snowline Gold Corp. has commenced work on a fully financed PFS (prefeasibility study) for the Valley gold deposit on its flagship Rogue project in the eastern Yukon Territory. To ensure rigour across different aspects of the study, Snowline has engaged multiple firms on different components of the PFS. Wood Canada Ltd. is leading engineering and study integration, SRK Consulting (Canada) Inc. is leading the geoscience scope and WSP Canada Inc. is leading tailings storage facility (TSF) engineering. The PFS will assess multiple options for possible future development and mine design at Valley, defining the engineering and economic frameworks for advancing Valley toward a potential feasibility study. Much of the fieldwork required for the PFS is already complete; during 2025 Snowline conducted comprehensive engineering and environmental programs to inform the PFS, including geotechnical and sonic drilling, infill drilling, metallurgical testing, groundwater hydrology, and geochemical sampling, with supplemental laboratory testing well under way.

• Work on fully financed Rogue project prefeasibility study (PFS) under way, with extensive supporting fieldwork already completed in 2025;
• Wood Canada Ltd. appointed as lead engineering consultant, responsible for process plant design, infrastructure, capital and operating cost estimation, and overall study integration;
• SRK Consulting (Canada) to lead the geoscience scope, including open-pit mine design and optimization, hydrogeology, water management, geochemistry, and geotechnical studies;
• WSP Canada to lead the tailings storage facility engineering scope, covering trade-off studies and embankment design, facility development, and closure planning;
• Expanded environmental baseline program under way to support advanced Rogue project permitting.

"The kick-off of our PFS is an important milestone as we continue to advance our flagship Valley deposit, assessing multiple potential paths forward and optimizing important parameters of a potential future operation," said Scott Berdahl, chief executive officer and director of Snowline. "The appointment of committed and experienced teams at Wood, SRK and WSP, each specialized to deliver on different aspects of the PFS, underpins our commitment to deliver a high-quality study that can be used as the basis of future decision making. We look forward to completing this important work and the disclosure of the PFS, a process that we anticipate taking 12 to 15 months to complete.

"I would like to thank our field teams and partners for a safe and successful 2025 field program, accommodating major engineering and environmental work to support the PFS and future permitting efforts while still executing on an ambitious exploration program. These efforts have put us in a strong position to rapidly advance this next level of study. The efficiency with which we have been able to shift from drill discovery to PFS is a testament both to the quality and consistency of the near-surface Valley deposit, and to the efforts and dedication of our team."

On November 28, 2025, Snowline Gold Corp. announced that it has received final approval to list its common shares (the "Common Shares") on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange (the "TSXV"). The Common Shares will begin trading on the TSX at market open on December 2, 2025, and will continue to trade under its current symbol, "SGD".

In connection with the TSX listing, the Common Shares will be voluntarily delisted from the TSXV, effective as of the close of market on December 1, 2025. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the Common Shares.

"This is a significant milestone for the Company, and we are thrilled to have received approval to list on the TSX," said Scott Berdahl, CEO & Director of Snowline. "We expect this listing to enhance our visibility, broaden our investor base, increase liquidity, and provide eligibility for potential index inclusion. This move reflects our rapid progress to derisk our business as well as the high-quality nature of our flagship Valley gold deposit, which is emerging as a globally relevant project."

On November 24, 2025, Snowline Gold Corp. announced the additional drill results from its Rogue and Einarson projects in the eastern Yukon Territory. Drilling at Snowline's flagship Valley gold deposit ("Valley") on the Rogue Project continues to confirm and expand the scale of known mineralization, with initial assays from a new zone that is developing near the eastern margin of the Valley intrusion returning ling intersections of anomalous gold across a broad area (Figure 1). At the Rogue Project's Gracie target ("Gracie"), two intervals of mineralization in G-25-010-along with intrusive rocks in G-25-011 (assays pending)-provide further evidence of the causative reduced intrusion-related gold system ("RIRGS") and its potential location. Initial drill results from additional regional targets demonstrate additional mineralized intersections. Assays are pending on additional holes, with approximately 13,700 m of drill results from Snowline's 2025 season still to be reported.

"We're encouraged to see strong consistency of mineralization around the edges of the Valley deposit as we continue to build on the scale of the open system," said Scott Berdahl, CEO & Director of Snowline. "Today's results will serve to upgrade and potentially to expand our resource at Valley. In addition, the persistence of mineralization well beyond the near-surface, higher grade core of the deposit highlights the possibility of additional such hot-spots of mineralization in other parts of the Valley intrusion, particularly near the new, gold-bearing zone towards the eastern margin, which we had previously thought to be barren.

"We are also excited by the pictures taking shape on several regional targets. At Gracie, for example, 4 km east of Valley, drill hole G-25-010 intersected a 53.5 m wide zone of RIRGS mineralization in silicified sediments along a northwest structural corridor - broadly similar to what we saw in V-21-004 on our very first drill program at Valley four years ago. This year's second hole at Gracie, G-25-011, hit large intersections of intrusive rock for the first time on the target: two intrusive phases similar to units at Valley which we interpret as important hosts to and drivers of gold emplacement. These are key developments in vectoring towards what we think could be a significant gold system near our flagship deposit."

On November 21, 2025, Snowline Gold Corp. is honoured to announce its receipt of the 2025 Robert E. Leckie Award for Responsible and Innovative Exploration and Mining Practices from the Government of Yukon as well as the 2025 Community Award presented by the Yukon Chamber of Mines. This is the Company's third consecutive year receiving a Leckie Award for its environmentally conscious exploration practices in the Yukon Territory, including progressive reclamation of disturbances and clean-ups of historical third-party exploration and mining sites. In 2025, the award was conveyed in recognition of environmentally sound exploration practices and progressive reclamation through the discovery and advancement of its Valley deposit and other exploration sites, where disturbances to the landscape and vegetation have been minimized from discovery through current pre-feasibility study stages.

"We are excited and grateful to receive our third consecutive Robert E. Leckie Award, along with our first Yukon Community Award, recognizing the efforts of our team in setting high environmental and social bars for sound mineral development," said Scott Berdahl, CEO & Director of Snowline. "I would like to thank the awards committees and our nominators for the recognition, and I would especially like to thank our team, contractors and other collaborators who have helped to shape and champion a culture of accountability throughout our organization and operations. As a Yukoner myself, I am proud of the minimal footprint created over the past five seasons at Valley, where - apart from the compact footprint of our temporary camp - it takes a careful eye to notice the location of our past and present activities, despite our delineation of a major gold deposit. This embodies our philosophy of environmental protection and long-term perspective. In addition, our team continues to make meaningful positive contributions to multiple Yukon communities through the course of our work. These outcomes are a result of and testament to our values-driven approach. We take our commitments and responsibilities as operators very seriously, and we aim to continue building Snowline as a leader in these areas as we advance and explore."

On November 03, 2025, Snowline Gold Corp. has received conditional approval to list its common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange. Final approval of the listing is subject to the company meeting certain customary requirements of the TSX, including receipt of all required documentation.

The company will issue a press release once the TSX confirms the date when trading of Snowline's common shares is expected to commence on the TSX.

Once listed on the TSX, the company's common shares will be delisted from the TSX-V. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing as there will be no change in the trading symbol or Cusip number for the common shares.

"This is a significant milestone for the company, and we are thrilled to have received conditional approval to list on the TSX," said Scott Berdahl, chief executive officer and director of Snowline. "We expect this listing to enhance our visibility, broaden our investor base, increase liquidity and provide eligibility for potential index inclusion. This move reflects our rapid progress to derisk our business as well as the high-quality nature of our flagship Valley gold deposit, which is emerging as a globally relevant project."

On October 23, 2025, Snowline Gold Corp. announced an agreement in partnership with Ross River Dena Council ("RRDC") and Yukon First Nation Education Directorate ("YFNED") to provide temporary, stop-gap funding to maintain the school-food aspect of Ross River's Rural Nutrition program, which provides Ross River School students with two, school-based, warm meals per day along with snacks and school-break hampers.

Snowline will provide temporary funding that will sustain this vital school food programming in Ross River. The Company has made an overall contribution commitment of $90,000. This will pay for a part-time cook and healthy school-based meals for kids at Ross River School.

On October 06, 2025, Snowline Gold Corp. has appointed Crystal Smith as an independent director to the board of directors.

Ms. Smith is a leader with experience in responsibly advancing major resource development projects and a champion for strengthening collaborations between first nations, industry and government, as well as promoting indigenous participation in Canada's economy. Ms. Smith served as chief councillor for the Haisla Nation from 2017 to 2025. She was instrumental in developing the Cedar LNG (liquefied natural gas) project within Haisla territory near Kitimat, B.C., the world's first indigenous majority-owned LNG project, in her role as Cedar LNG director. The project represents one of the most significant capital investments by an indigenous nation in Canada's history.

Scott Berdahl, Snowline's chief executive officer and a director, added: "We are thrilled to welcome Crystal Smith to Snowline's board of directors. Beyond her impressive track record, the values she champions -- integrity, environmental commitment, meaningful indigenous engagement and positive local impact -- strongly align with our own. Her appointment marks an important step for Snowline, and her guidance will be invaluable as we advance our Valley project with the highest standards of environmental and social responsibility while continuing to foster respectful, lasting relationships with multiple Yukon first nations."

On September 24, 2025, Snowline Gold Corp. has released additional drill results from continuing exploration at its Rogue and Einarson projects in the eastern Yukon Territory. Drilling at Jupiter, an orogenic gold discovery on Snowline's 100-per-cent-owned Einarson project, extends the known strike length of gold mineralization by roughly 550 metres to 1.9 kilometres. Drill results within a 500 m gap in previous drilling returned 6.82 grams per tonne Au (gold) over 9.0 m from 179.5 m downhole in hole J-25-037. The gold system at Jupiter remains open along strike in both directions and to depth. At Snowline's flagship Valley gold deposit on the Rogue project, infill and expansion drilling continue to confirm and expand the scale of known mineralization. To date, over 28,500 m have been drilled by the company this year on the Rogue and Einarson projects, with drilling continuing and assays pending for approximately 20,000 m. The 2025 exploration program is complemented by extensive engineering and environmental fieldwork at Valley to inform future studies and permitting efforts.

"We are in the early days of exploring the large orogenic gold system at Jupiter, on our Einarson project, and the results demonstrate significant potential," said Scott Berdahl, chief executive officer and director of Snowline. "With a thin blanket of transported glacial till covering the deposit, our consistent success in intersecting thick zones of gold mineralization across a large footprint is a strong sign of the system's potential quality and scale. While Jupiter has been overshadowed by our flagship Valley discovery some 30 km away, it has hallmarks of a stand-alone project. And, importantly, Jupiter represents a different style of gold mineralization than Valley, highlighting the general fertility of this underexplored part of the Selwyn basin."

On September 11, 2025, Snowline Gold Corp. prospectus approved

Financing type: underwritten prospectus offering

Gross proceeds: $91,999,800

Offering: 10,222,200 common listed shares

Offering price: $9 per listed share

Warrant exercise terms: nil

Overallotment option: The underwriters may purchase a maximum of 1,333,300 common listed shares for overallotment purposes. As of Sept. 11, 2025, such option has expired and 1,333,300 common listed shares have been issued thereunder. All information presented herein includes such exercise.

Commissions in securities: nil

Disclosure: Refer to the prospectus dated Aug. 28, 2025, and the company's news releases dated Aug. 14, 2025, Aug. 29, 2025, and Sept. 4, 2025.

On September 11, 2025, Snowline Gold Corp. private placement

Financing type: non-brokered private placement

Gross proceeds: $10,108,746

Offering: 1,123,194 common listed shares

Offering price: $9 per listed share

Warrant exercise terms: nil

Commissions in securities: nil

Disclosure: Refer to the company's news releases dated Aug. 18, 2025, and Sept. 4, 2025.

On September 05, 2025, Ana Maria Cox de Gubbins's percentage of the number of issued and outstanding common shares of Snowline Gold Corp. has fallen below 10 per cent as a result of the company's recently completed public offering of 10,222,200 common shares and concurrent non-brokered private placement of 1,123,194 shares.

Prior to the financings, Ms. Cox owned, directly or indirectly, or exercised control or direction over 16.12 million shares (fully diluted), representing approximately 10.6 per cent of the issued and outstanding shares. Following the financings, Ms. Cox has beneficial ownership and control of the same number of shares, which now represent 9.4 per cent of the issued and outstanding shares. As a result, Ms. Cox is no longer a 10-per-cent shareholder of the company and will not be required to complete any further early warning filings unless she otherwise requalifies for such filings.

On September 04, 2025, Snowline Gold Corp. announced that it has completed its previously announced "bought deal" public offering of 10,222,200 common shares of the Company (the "Common Shares") at a price of $9.00 per Common Share (the "Offering Price") for aggregate gross proceeds of $91,999,800, including $11,999,700 from the full exercise of the underwriters' over-allotment option (the "Offering").

The Company also completed a concurrent non-brokered private placement of 1,123,194 Common Shares at the Offering Price for additional gross proceeds of $10,108,746, pursuant to which existing shareholder B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) subscribed to maintain its 9.9% interest in the Company (the "Private Placement"). No commission was payable in connection with the Private Placement. The Common Shares issued in connection with the Private Placement are subject to a hold period of four months and one day from the closing of the Private Placement, in accordance with applicable Canadian securities laws, expiring on January 5, 2026.

Total gross proceeds from the Offering and the Private Placement are $102,108,546.

Scott Berdahl, CEO & Director of Snowline, comments: "Our strengthened treasury is an asset in its own right, allowing us to focus for multiple years on rapid and responsible advancement of our Valley deposit alongside continued exploration across our emerging, district-scale portfolio. We are entering an exciting phase as a company as we advance a globally relevant gold discovery in a top tier jurisdiction amidst a strong market backdrop."

The Company will use the net proceeds from the Offering and the Private Placement to advance the Company's projects in the Yukon Territory, as well as for working capital and general corporate purposes.

On August 18, 2025, Following the offering announced on Aug. 14, 2025, existing shareholder B2Gold Corp. will maintain its 9.9-per-cent interest in Snowline Gold Corp. via a concurrent non-brokered private placement of up to 1,123,194 common shares of the company at a price of $9.00 per common share for additional gross proceeds of up to $10,108,746.

"This is further endorsement from our strategic shareholder, B2Gold, as they maintain their 9.9-per-cent stake in Snowline amidst a backdrop of robust demand," said Scott Berdahl, chief executive officer and director of Snowline. "We appreciate B2Gold's continued support and recognition of the value and growth potential of our Valley gold deposit and Yukon mineral portfolio."

The company intends to use the net proceeds from the private placement to advance the company's projects in the Yukon Territory, as well as for working capital and general corporate purposes.

The private placement is expected to close on or about Sept. 4, 2025, or such other date as agreed between the company and B2Gold, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

On August 14, 2025, Snowline Gold Corp. announced that it has entered into an agreement with Canaccord Genuity Corp. and BMO Capital Markets on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 8,888,900 common shares of the Company (the "Common Shares") at a price of $9.00 per Common Share (the "Offering Price"), for aggregate gross proceeds of $80,000,100 (the "Offering").

In addition, the Company will grant the Underwriters an option to acquire up to an additional 1,333,300 Common Shares (the "Over-Allotment Option") at the Offering Price for additional gross proceeds of up to $11,999,700, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing Date (as defined herein).

Scott Berdahl, CEO & Director of Snowline, comments: "This targeted raise gives us multiple years of runway to efficiently and responsibly advance the Valley gold deposit on our Rogue Project, while continuing with our regional exploration efforts as we look to unlock a promising new Canadian minerals district. With a strong treasury behind us, we can focus on what matters and work to deliver shareholder value."

The Company intends to use the net proceeds from the Offering (and any proceeds received from the Over-Allotment Option) to advance the Company's projects in the Yukon Territory, as well as for working capital and general corporate purposes.

Closing of the Offering is expected to occur on or about September 4, 2025 (the "Closing Date") and is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

On August 07, 2025, Snowline Gold Corp. has provided updates to its continuing exploration and development programs in eastern Yukon. At Valley, sheeted quartz veins with visible gold are present in drill holes within a newly discovered and still open zone potentially 500 metres by more than 100 metres along the eastern boundary of the local intrusion, several hundred metres east of the current limit of the Valley mineral resource estimate (MRE). On the broader Rogue project, of five additional reduced intrusion-related gold system (RIRGS) targets drilled outside of Valley so far in 2025, all have now encountered trace instances of visible gold. Assays are pending for all regional holes. In addition, surface exploration has discovered sheeted quartz vein mineralization in granodiorite at Snowline's early-stage Ramsey target, located at low elevations roughly 22 kilometres west of Valley. To date, over 20,000 metres have been drilled by the company this year on the Rogue and Einarson projects, with drilling continuing and assays pending for approximately 17,500 metres.

"We have a lot to be excited about as initial assays come in for the 2025 drill season," said Scott Berdahl, chief executive officer and a director of Snowline. "Late last season, drill hole V-24-115 gave indications that the eastern margin of the Valley intrusion could host an additional zone of strong RIRGS mineralization. Our current drilling shows increased quartz vein densities towards this eastern margin, accompanied by trace amounts of visible gold, along a wide corridor that is well outside of our previous drilling. On the broader Rogue project, additional RIRGS targets demonstrate widespread gold fertility through drilling and through ongoing surface exploration. We await analytical results to determine the significance of these initial results.

"I would like to commend Snowline's field team on safe execution of such a rigorous exploration campaign to date in the midst of a busy and multifaceted season. The various engineering and environmental studies thrown into the mix to advance our Valley deposit have not dampened the pace nor the enthusiasm of our team in getting out and taking big swings towards making additional discoveries across our prospective greenfield mineral property portfolio."

On July 31, 2025, Snowline Gold Corp. has filed on SEDAR+ a technical report supporting the preliminary economic assessment (PEA) for its Valley gold deposit on its 100-per-cent-owned Rogue project in Yukon, Canada.

The PEA is a conceptual study of the potential economic viability of Valley's mineral resources and the first economic assessment of any kind on the broader Rogue project. Results of the PEA were disclosed by the company in a June 23, 2025, news release.

The PEA envisions a conventional open-pit mining and milling operation for Valley with a projected 20-year life of mine producing 6.8 million ounces of payable gold with a front-weighted production profile and attractive economic parameters. It demonstrates a $3.37-billion after-tax net present value at a 5-per-cent discount rate at $2,150 (U.S.) per ounce gold, increasing to $6.8-billion at $3,150 (U.S.) per ounce gold, and 544,000 ounces annual average gold production at all-in sustaining costs (AISC) of $569 (U.S.) per ounce gold for the first five full years of production. Full details of the PEA are available in the technical report, available under the company's profile on SEDAR+ and available on the company's website.

The Rogue project and broader infrastructure work considered by the PEA overlaps with traditional territories of the First Nation of Na-Cho Nyak Dun, the Ross River Dena Council and Kaska Nation.

On July 02, 2025, Snowline Gold Corp. has discovered a reduced intrusion-related gold system (RIRGS) on its Cynthia project in Yukon, roughly 27 kilometres southwest of its Valley gold deposit on the adjacent Rogue project. The Celestic target covers several zones of gold-bearing, densely sheeted quartz veins exposed in a 4.5-kilometre-by-three-kilometre granodiorite intrusion. Selective grab samples of quartz vein material returned up to 11.7 grams per tonne gold while a continuous 4.0-metre chip sample across an exposed outcrop returned 1.09 grams per tonne gold. Subject to additional follow-up, the Celestic target may see initial drilling in 2025 as Snowline advances its largest field program to date.

"That we are still finding large, exposed, untested and previously unknown reduced intrusion-related gold systems near our flagship Valley deposit highlights the underexplored nature of this prospective district," said Scott Berdahl, chief executive officer and a director of Snowline. "I would like to commend Snowline's field teams for their ongoing work in advancing and expanding our pipeline of regional targets on our 100-per-cent-owned, 3,600-square-kilometre Yukon mineral claim position. We are excited by the demonstrated fertility of this region as we continue to uncover compelling new targets and of course by the opportunity to test these targets for the very first time."

On June 23, 2025, Snowline Gold Corp. has released results from its preliminary economic assessment (PEA) for its Valley gold deposit on its 100-per-cent-owned Rogue project in Canada's Yukon Territory. The PEA is a conceptual study of the potential economic viability of Valley's mineral resources and the first economic assessment of any kind on the broader Rogue project. The Rogue project and broader infrastructure work considered by this PEA overlaps with traditional territories of the first nation of Na-Cho Nyak Dun, the Ross River Dena Council and Kaska Nation.

• One of the largest undeveloped gold deposits in Canada: PEA projected life of mine (LOM) payable production of 6.8 million ounces of gold (Au) over 20 years;
• Significant production and high margins: 544,000 ounces annual average Au (gold) production at all-in sustaining costs (AISC) of $569 (U.S.)/oz Au for the first five full years of production;
• Robust economics: $3.37-billion posttax net present value at a 5-per-cent discount rate (NPV5 per cent) at $2,150 (U.S.)/oz Au, increasing to $6.80-billion at $3,150 (U.S.)/oz Au;
• Compelling returns with significant leverage to gold: 25-per-cent posttax internal rate of return (IRR) at $2,150 (U.S.)/oz Au, increasing to 37 per cent at $3,150 (U.S.)/oz Au;
• Rapid payback of initial capital expenditures: $1.7-billion initial capital paid back over 2.7 years at $2,150 (U.S.)/oz Au, decreasing to 2.1 years at $3,150 (U.S.)/oz Au;
• Gaining momentum: fieldwork and engineering studies are under way on site to inform future technical studies, alongside extensive regional exploration and drilling aimed at complementary, district-scale discovery.

The PEA envisions a conventional open pit mining and milling operation for Valley with a projected 20-year LOM (life of mine) producing 6.8 million ounces (Moz) of payable gold with a front-weighted production profile and attractive economic parameters.

"This PEA reinforces our conviction that Valley can become a world-class mining operation developed at a high standard, with clear potential to bring significant economic benefits to the Yukon," said Scott Berdahl, chief executive officer and director of Snowline. "The rare combination of high margins and large scale makes for a robust asset with stability through a wide range of market conditions. The low strip ratio and strong gold grades enhance project economics by increasing mining efficiency while reducing the overall project footprint.

"These results are a testament to the quality of the Valley deposit and to the hard work of Snowline's team. In less than four years, we've gone from soil sampling and Valley's first drill holes to a significant conceptual NPV. This serves as an important milestone as we continue to press forward on multiple fronts to efficiently and responsibly move Valley forward. Multiple field studies to support advanced technical studies are now under way on site, alongside environmental baseline work to inform future assessment and permitting. Combined with our continuing regional exploration, we are excited by the path ahead and the opportunity to advance an important new contributor to the Canadian gold mining landscape."

On June 03, 2025, Snowline Gold Corp. has strengthened and expanded its management team through the appointment of Oliver Curran, MSc, as vice-president of environment and permitting. Mr. Curran will lead and oversee the company's environmental baseline studies and assessments for advancement of permitting as the Valley gold deposit progresses.

"We are excited to welcome Oliver to Snowline's senior management team," said Scott Berdahl, chief executive officer and a director of Snowline. "His experience permitting multiple mineral development projects in Northern Canada is highly relevant to us in advancing our Valley gold deposit. His approach -- incorporating traditional knowledge into actionable and effective environmental monitoring and permitting solutions -- dovetails well with Snowline's guiding principles. We look forward to working with Oliver in responsibly and efficiently advancing Valley."

Mr. Curran brings 25 years of relevant environmental and major project permitting experience to Snowline, having held strategic leadership positions with Inco, Baffinland Iron Mines, TMAC Resources, Agnico Eagle Mines and, most recently, Centerra Gold. Mr. Curran has successfully led permitting for significant remote greenfield mines and championed these projects through to construction and operations from an environmental and social perspective. Mr. Curran holds a honours BSc in biology and environmental sciences from Trent University and an MSc from the University of Toronto.

On May 22, 2025, Snowline Gold Corp. has begun its 2025 exploration, drilling and project advancement campaign on its flagship Rogue project and surrounding exploration projects in Canada's Yukon. The primary objective of the campaign will be efficient, rapid advancement of the Rogue project's Valley gold deposit to inform potential future technical and economic studies and project permitting. This work includes 5,000 metres of geotechnical and condemnation drilling, engineering studies, and expanded environmental monitoring. Complementing this is 25,000 metres of exploration drilling at the Valley deposit and on multiple regional gold targets on the Rogue, Cynthia and Einarson gold projects.

"We're excited to be back in the field, picking up again after a very big year in 2024," said Scott Berdahl, chief executive officer and director of Snowline. "While the Valley gold deposit remains open to further expansion, the scale and the quality of the near-surface resource discovered to date make rapid advancement of the current resource a key value driver for Snowline. We are fortunate to own such an asset. We are working hard on multiple fronts to advance this opportunity for our shareholders towards feasibility studies while setting groundwork for successful project permitting. This is of course in addition to the significant exploration upside remaining in the vicinity of the Valley deposit and regionally in our surrounding, district-scale project portfolio, which we will continue to explore in 2025 with multiple drills on multiple targets. Combined with the upcoming preliminary economic assessment for Valley, we have a lot to look forward to at Snowline in the weeks and months ahead."

On May 15, 2025, Snowline Gold Corp. reported an updated Mineral Resource Estimate (MRE) prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) standards for the Valley gold deposit on its 100% owned, 1,110 km 2 Rogue Project in Canada's Yukon Territory.

Snowline Gold Expands Measured and Indicated Gold Ounces By 96% In Updated Mineral Resource Estimate at Its Valley Gold Deposit, Yukon

"The updated mineral resource estimate for the Valley gold deposit is another positive milestone as we continue to uncover the full scale of this gold system," said Scott Berdahl, CEO & Director of Snowline. "With just 53 km of drilling so far, we have discovered and substantially derisked a large, continuous, non-refractory gold deposit exposed at surface, in an underexplored region with multiple large greenfield gold anomalies and recent prospecting discoveries. Importantly, a considerable majority of the known system at Valley has been upgraded into Measured and Indicated categories, which can be used to inform pre-feasibility and feasibility studies. We are excited to kick off our 2025 field season in the coming days, with the goals of rapidly advancing and expanding Valley alongside continued exploration and drill testing of regional targets.

"We are also pleased to report significant progress on the Preliminary Economic Assessment for Valley, which will be based on this updated MRE. We anticipate completion and release of this study in the coming weeks."

April 14, 2025: Snowline Gold Announces Expansion of Leadership Team with Appointment of VP Engineering and Transition of Chief Financial Officer

https://snowlinegold.com/2025/04/14/snowline-gold-announces-expansion-of-leadership-team-with-appointment-of-vp-engineering-and-transition-of-chief-financial-officer/

April 3, 2025, Snowline Gold Closes Fully Subscribed C$20 Million Financing of Flow-Through Shares

https://snowlinegold.com/2025/04/03/snowline-gold-closes-fully-subscribed-c20-million-financing-of-flow-through-shares/

March 17, 2025, Snowline Gold Corp Announces C$20.0 Million Bought Deal Private Placement of Flow-Through Shares

https://snowlinegold.com/2025/03/17/snowline-gold-corp-announces-c20-0-million-bought-deal-private-placement-of-flow-through-shares/

March 4, 2025, Snowline Gold Drills 617.6 M at 1.7 Grams Per Tonne Gold From Surface, Including 3.24 Grams Per Tonne Gold Over 202.0 M, Showcasing Strong Consistency of Valley Deposit, Rogue Project, Yukon

https://snowlinegold.com/2025/03/04/snowline-gold-drills-617-6-m-at-1-7-grams-per-tonne-gold-from-surface-including-3-24-grams-per-tonne-gold-over-202-0-m-showcasing-strong-consistency-of-valley-deposit-rogue-project-yukon/

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