Snowline Gold Corp. provided an update on generative exploration results from its Rogue project in the Yukon Territory, Canada. Geochemical assay results received from late season 2021 contour soil and talus fine sampling reveal a large zone of anomalous gold values to 1.71 g/t Au on top of and around a probable, near-surface, gold- bearing intrusion at the Company's Gracie target.

Anomalous gold in soil samples up to 1.71 g/t Au were returned from 5.1 kilometers along a north-south trending ridge. All 43 samples within a central area roughly 1,600 m long by 800 m wide area averaged 0.49 g/t Au, with 8 results >1 g/t Au. Gold values in this core area have elevated bismuth (up to 287 ppm) and tellurium (up to 7 ppm) - a geochemical signature that is the same as Snowline's Valley zone and is similar to other reduced-intrusion related gold systems. Limited historical surface work at Gracie yielded mineralized rock samples in outcrop and float, with values of up to 57.0 g/t Au (quartz sulphide vein float).

Prospecting by Snowline personnel in 2021 returned float grab samples of up to 6.9 g/t Au. Regional airborne z-tipper axis aeromagnetic (ZTEM) data from 2008 over the Gracie target area are resistive and indicate a felsic intrusion with hornfels country rock exposed on the surface and surrounding the intrusion. These geophysical results are consistent with initial observations of the Gracie target area and will be further verified by the Company.

Given the steep, rocky terrain and poor soil development, many soil samples from the Gracie area are classified as talus fines. Talus fines samples are produced by mechanical weathering of rocks are less modified by chemical weathering than typical soils. Some elements in talus fine samples may have stronger geochemical responses than soils from over a bedrock geochemical anomaly.

Talus fine samples are also more susceptible to a sampling bias wherein more easily weathered mineralized zones, such as sulphide-rich veins, can contribute a larger portion of the talus fine sediment load than the more durable and relatively barren country rock, resulting in a concentration of associated elements like gold. Exploration plans: The proximity of Gracie to Snowline's Valley zone, some 4 kilometers to the west, makes for convenient and cost-effective exploration in light of the Company's planned 3,000 m drill program at Valley in 2022. Expansion of the 2021 Valley zone aeromagnetic survey is planned for coverage of the Gracie zone and the broader claim block using a helicopter-borne geophysics system.

Additional surface sampling and geological mapping at Gracie will provide further context for magnetic and geochemical results to assist potential drill targeting. About Rogue: Snowline's 100%-owned Rogue property covers over 11,000 hectares in three main claim blocks. Each claim block covers one or more Cretaceous-aged intrusions of the Mayo plutonic suite - these are highly prospective for bulk-tonnage, reduced intrusion related gold systems (RIRGS).

A first-pass 800 m drill program completed in September 2021 targeted bulk tonnage sheeted quartz vein arrays and resulted in the drill discovery of the Valley zone with intersections of up to 1.25 g/t Au over 168.7 m. Late-season contour soil sampling near the Valley zone revealed a second anomalous region associated with sheeted vein arrays along the northeastern edge of the Valley stock known as the Ridge Zone.