Einarson Project

Snowline Gold’s 100%-owned, Einarson Project, in Canada’s Yukon Territory, covers a series of prospective and underexplored geological structures hosting large-scale gold anomalies in soils along with multiple surface prospecting and drill discoveries.

Snowline’s inaugural drill program in 2021 tested Einarson’s Jupiter target, a structurally controlled epizonal orogenic gold system. Initial holes into the blind target returned high-grade (e.g. 1.5 m @ 45.0 g/t Au, within 6.0 m @ 13.9 g/t Au) gold in repeating structures across an footprint that has been expanded to 2 km strike length and remains open along strike and to depth. Visible gold is present in quartz-carbonate veins and additional gold mineralization is associated with disseminated sulphides in broad zones around certain veins, similar to Agnico Eagle’s Fosterville deposit in Australia. Soil sampling and prospecting have yielded additional evidence of gold endowment along a larger structural corridor, including grab samples to 34.2 g/t Au at Avalanche Creek, roughly 12 km south of Jupiter.

Snowline’s Venus target at Einarson hosts Carlin-style gold mineralization in silicified late Proterozoic dolostone. Historical drilling in 2012 yielded a highlight interval of 9.67 g/t Au over 38.7 m, The nature and grades of surface mineralization at Venus have been confirmed by Snowline, and the presence of Carlin-style gold is seen to highlight the fertility of the Einarson Project area.

Additional early-stage targets include Neptune and Luna on the “Golden Lane,” a 30 km trend of consistently elevated to anomalous gold in soils along a faulted anticline structure, Mars, a 4 km trend of anomalous soils associated with a parallel structure to Jupiter, and Odd, a zone of anomalous gold and Carlin-pathfinder elements in soils above a kilometers-scale domal feature.