Snowline Gold Drills 534.5 Metres of 0.62 Grams Per Tonne Gold Along Northern Edge of Its Valley Deposit and Intersects RIRGS Mineralization at Gracie Target, Rogue Project, Yukon

The most recent news, dated November 24, 2025, announces new drill results from Snowline Gold's Rogue Project in the Yukon. Key highlights include: - Valley Deposit Expansion: Drill hole V-25-139, testing the northern edge of the deposit, intersected 534.5 metres of 0.62 g/t gold, including a higher-grade zone of 42.5 metres of 2.10 g/t gold. This interval is primarily outside the existing Preliminary Economic Assessment (PEA) mine plan. - Valley Consistency & Depth: Other holes confirmed lateral consistency (V-25-147: 347.5 m of 0.71 g/t gold) and mineralization below the PEA pit shell (V-25-141: 105.0 m of 1.03 g/t gold). Notably, 10 of the 12 reported holes at Valley ended in mineralization, suggesting the system remains open. - New Valley Zone: A "New Eastern Zone" was discovered approximately 500 metres east of the main mineralized system. - Gracie Target Discovery: At the Gracie target, 4 km east of Valley, hole G-25-010 intersected a 53.5-metre-wide zone of Reduced Intrusion-Related Gold System (RIRGS) mineralization grading 0.32 g/t gold. - Regional Targets: Preliminary drilling at the Duke target intersected 8.0 metres of 1.72 g/t gold.

The news is materially positive, as it successfully demonstrates continued expansion of the Valley deposit's footprint and confirms the district-scale potential of the Rogue project.

The progression of news in 2025 set a very high bar for the company. The year began with blockbuster infill drill results (March 4: 617.6 m @ 1.7 g/t Au), followed by a 96% increase in the Measured and Indicated resource to 7.94 Moz (May 15), and a highly robust PEA (June 23) showing a post-tax NPV5% of $3.37 billion. The company then secured its financial future with a massive $102 million financing at $9.00 per share (September 4).

In this context, today's results should be viewed as successful execution of the stated strategy: expanding the known resource. The headline intercept of 534.5 m of 0.62 g/t Au is a lower grade than the high-grade core defined by earlier infill drilling, but this is expected and economically significant for step-out drilling on the margins of a large, open-pit system. The fact that this mineralization is largely outside the current PEA mine plan and that other holes extend mineralization at depth confirms that the Valley deposit is still growing.

The discovery of a new Eastern Zone 500m away and the confirmation of the RIRGS model at the Gracie target, while low-grade at this very early stage, are crucial in validating the company's thesis of a new gold district. This adds long-term discovery optionality beyond the already-large Valley deposit.

While not a "game-changer" on the scale of the PEA or the MRE update, this news is a strong, incremental step forward that meets high market expectations. It reinforces the quality and scale of the asset and will contribute positively to a future resource update.

Snowline Gold is a Yukon-focused gold exploration company. Its flagship asset is the 100%-owned Rogue Project, which hosts the Valley gold deposit. Valley is a large, bulk-tonnage Reduced Intrusion-Related Gold System (RIRGS) exposed at surface. As of May 15, 2025, the deposit hosts a pit-constrained MRE of 7.94 million ounces Measured & Indicated at 1.21 g/t Au, and 0.89 million ounces Inferred at 0.62 g/t Au. A June 2025 PEA outlined a 20-year mine life with potential for robust economics, positioning Valley as a globally significant, development-stage gold project in a top-tier jurisdiction.