Intersections At The Bulk Tonnage Valley Discovery

VANCOUVER - Snowlike Gold Corp reported on the drilling program at the Valley Zone, Rogue Project, Yukon. Notably, hole V-22-032 intersected a zone of sheeted quartz vein mineralization within the Valley intrusion averaging 1.72 g/t Au over 207.0 m within a broader mineralized zone averaging 1.32 g/t Au over 338.0 m. The entire hole, including barren sections, averaged 0.93 g/t Au across 532.7 m, ending in mineralized rock. The hole was collared 166 m from any other hole and drilled northeast to test the system between previously announced V-22-005 (192.0 m @ 1.52 g/t Au) and V-22-010 (318.8 m @ 2.5 g/t Au).

"The latest results from Valley continue to demonstrate substantial scale and strong grades for a reduced intrusion-related gold system," said Scott Berdahl, CEO & Director. "Holes V-22-015 and 032 add considerably to the known tonnage of well-mineralized rock in Valley's central zone. The shape, the size, and the distribution of grades that we're seeing at Valley-with many of the highest grades encountered to date starting at surface-bode very well for the potential economics of the discovery. We eagerly await remaining 2022 assay results and their contributions to our understanding of this large mineralized system, with more than 5,000 m still to come at Valley and all five holes (>2,000 m) still pending from our nearby Gracie target."