Snowline Gold

What Snowline Gold does

Snowline Gold Corp. is a Canadian gold exploration and development company publicly listed on the Toronto Stock Exchange (TSX: SGD) and OTCQB (SNWGF), headquartered in Vancouver with primary field operations based in Whitehorse, Yukon. The company is advancing its 100%-owned Valley gold deposit on the Rogue Project — a Reduced Intrusion-Related Gold System (RIRGS) geologically similar to Kinross's Fort Knox Mine but with substantially higher gold grades — through standard mining development milestones toward potential production. The Valley deposit hosts 7.94 million ounces of gold in Measured & Indicated resources at 1.21 g/t Au plus 0.89 Moz Inferred (0.62 g/t Au), and the company's 2025 Preliminary Economic Assessment demonstrates C$3.37B NPV5% at a US$2,150/oz gold price (C$6.80B at US$3,150/oz), with projected first-five-year production of 544 koz/year at AISC of US$569/oz and a 20-year initial mine life. Snowline holds a dominant first-mover land position of >3,600 km² (360,000 hectares) across eight Yukon projects with more than 30 primary exploration targets within the under-explored Selwyn Basin.

As a pre-revenue exploration-stage company, Snowline generates no operating revenue and funds its activities through equity financings, warrant exercises, and strategic investments — including a $102.1 million oversubscribed bought deal in September 2025 that brought treasury to approximately $99 million. The company's primary "customers" are institutional investors, retail shareholders, and major mining companies who access the asset through public equity markets and strategic investments; notable shareholders include senior gold producer B2Gold with an approximately 9.9% ownership stake. Snowline serves First Nations communities as core partners (notably the First Nation of Na-Cho Nyäk Dun and Ross River Dena Council) with formal MOUs governing environmental stewardship, employment, and economic participation in Traditional Territory. The company is led by CEO Scott Berdahl (MIT, KAUST, INSEAD; Yukon-born), VP Exploration Thomas Branson (who grew Valley from 4 holes to 8.8 Moz), and an experienced board including former Great Bear Resources executives and former Pan American Silver CFO Rob Doyle. Distribution channels include TSX and OTCQB listings plus passive exposure via VanEck's GDXJ ETF (effective March 2026), and the company has secured coverage from 8 sell-side analysts across major institutions including BMO, Scotiabank, TD Securities, Canaccord, and Haywood.

Name

Snowline Gold

Legal name

Snowline Gold Corp.

Website

https://snowlinegold.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Snowline Gold Corp. is a Canadian gold exploration and development company advancing its 100%-owned Valley gold deposit (7.94 Moz M&I) on the Rogue Project in Yukon Territory toward production, serving institutional investors, retail shareholders, and major mining companies via TSX and OTCQB listings.

Ownership category

akta.pro rank

Product category

Gold Mining Exploration and Development

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold exploration
• Gold mine development
• Mineral resource estimation
• Mining project advancement
• Yukon gold deposits

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Snowline Gold is a pre-revenue gold exploration and development company. The company is advancing its Valley gold deposit through PEA and Pre-Feasibility Study stages toward potential production. Revenue would ultimately come from gold sales upon successful mine development and commercial production.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Snowline Gold is a development-stage mining company advancing its 100%-owned Valley gold deposit on the Rogue Project in Yukon Territory, Canada. The company's core business is gold exploration, resource delineation, and project advancement through standard mining study stages (PEA completed in 2025; Pre-Feasibility Study underway) toward future gold production. Snowline also holds a district-scale portfolio of more than 3,600 km² with 30+ additional exploration targets across Yukon projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Valley Gold Deposit (Rogue Project) The flagship 100%-owned gold deposit at the Rogue Project in Yukon Territory. A reduced intrusion-related gold system (RIRGS) hosting 7.94 Moz M&I and 0.89 Moz Inferred resources at 1.21 g/t Au and 0.62 g/t Au respectively, with a 2025 PEA demonstrating 20-year initial mine life, 1.09:1 life-of-mine strip ratio, and 92.2% LOM recoveries. The asset underpins Snowline's path to future gold production and capital markets valuation.
• Einarson Project An exploration-stage project in Yukon Territory covering approximately 61,690 hectares, forming part of Snowline's district-scale portfolio of gold targets within the under-explored Selwyn Basin. Einarson represents one of eight Yukon projects in the company's exploration pipeline targeting RIRGS and other gold mineralization styles.
• Regional Exploration Portfolio (Yukon Targets) A district-scale exploration portfolio of more than 30 primary gold exploration targets across eight Yukon projects, including Rogue (~110,000 ha), Einarson (61,690 ha), Ursa (7,755 ha), Cynthia (1,399 ha), Rainbow (1,225 ha), Tosh (3,700 ha), Cliff (2,724 ha), and additional early-stage targets. The portfolio totals more than 3,600 km² (360,000 ha) of dominant first-mover land position in Canada's prospective but under-explored Yukon Territory.

Quantifiable outcome

• Valley PEA NPV5% of C$3.37B at US$2,150/oz gold price
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• First Nation of Na-Cho Nyäk DuncoreStrategic or Co-development Partner · 17 January 2026Snowline signed a Memorandum of Understanding with First Nation of Na-Cho Nyäk Dun in January 2026 regarding FNNND's governance role in future mine development at Rogue Project. The MOU covers ongoing exploration programs and environmental/engineering studies in FNNND's Traditional Territory. The partnership includes a renewable energy collaboration (27 kW solar generator at Forks Camp) and collaboration on environmental stewardship initiatives.
• Wood Canada LimitedcoreImplementation/ SI/ Consulting Partner · 16 December 2025Lead engineering firm engaged for Pre-Feasibility Study on Valley gold deposit at Rogue Project. Wood Canada Limited brings specialized mining engineering expertise to advance project development.
• SRK Consulting (Canada) Inc.coreImplementation/ SI/ Consulting Partner · 16 December 2025Geoscience firm engaged for Pre-Feasibility Study on Valley gold deposit. SRK brings geological and resource estimation expertise to support project advancement.
• WSP Canada Inc.coreImplementation/ SI/ Consulting Partner · 16 December 2025Engineering firm engaged for tailings storage facility design as part of Pre-Feasibility Study on the Rogue Project Valley deposit.
• Ross River Dena CouncilminorStrategic or Co-development Partner · 23 October 2025Partnership with Ross River Dena Council and Yukon First Nation Education Directorate to provide stop-gap funding to Ross River School Meals Program, demonstrating Snowline's commitment to community prosperity and Indigenous partnerships.
• Yukon First Nation Education DirectorateminorStrategic or Co-development Partner · 23 October 2025Joint initiative with Ross River Dena Council and Snowline Gold supporting the Ross River School Meals Program, contributing to educational and community well-being in the Yukon.
• Na-Cho Nyäk Dun Development CorporationcoreStrategic or Co-development Partner · 2 August 2022Renewable energy partnership powering up to 90% of the Forks Exploration Camp through a 27 kW solar generator system, significantly reducing diesel usage and carbon emissions. The partnership supports local First Nation economic development while advancing Snowline's sustainability objectives.
• Yukon Seed and RestorationminorImplementation/ SI/ Consulting Partner · 1 January 2022Partnership for botanical inventories at key work areas and establishment of on-site native seed banks for future reclamation. YSR is a First Nation of Na-Cho Nyäk Dun majority-owned environmental business, supporting Indigenous economic participation while advancing progressive reclamation objectives.

Scale indicators9 records

Recent moves8 records

Expansion highlights8 records

Direct peers

• Artemis Gold: Artemis Gold is advancing the Blackwater Gold Project in BC, Canada, through similar development stages (PEA/PFS/DFS) toward construction. It is a directly comparable Canadian gold developer of similar scale and stage to Snowline's Valley deposit, with similar capex profiles and Tier-1 jurisdiction exposure.
• Troilus Gold: Troilus Gold is a Canadian gold developer advancing the Troilus Project in Quebec through PEA and PFS stages. It is a directly comparable junior-to-mid-stage gold developer with similar scale, jurisdiction quality, and development pathway as Snowline.
• Skeena Resources: Skeena Resources is a BC-based gold developer that advanced the Eskay Creek project through PEA/PFS toward construction. It is a directly comparable Canadian gold developer at a similar pre-construction stage with a Tier-1 jurisdiction asset comparable in scale to Valley.
• Seabridge Gold: Seabridge Gold is a larger Canadian gold developer with the KSM project in BC, advancing through feasibility and permitting toward construction. It is comparable to Snowline as a Tier-1 jurisdiction gold developer with a large-scale resource base requiring significant capex to advance.
• Marathon Gold: Marathon Gold is developing the Valentine Gold Project in Newfoundland, Canada, with a PEA- and FS-stage asset moving toward construction. It is a directly comparable Canadian gold developer at a similar pre-production stage in a Tier-1 jurisdiction with similar resource scale to Valley.
• New Found Gold: New Found Gold is a Canadian gold exploration company advancing the Queensway project in Newfoundland through resource definition and economic studies. It is comparable to Snowline as a recently-listed Canadian gold explorer with a high-grade discovery that transformed the company's profile and similar capital markets trajectory.

Emerging players

• Liberty Gold: Liberty Gold is a gold exploration and development company focused on Black Pine in Idaho and Goldstrike in Utah. It is comparable to Snowline as a North American gold developer at a similar stage advancing oxide gold assets through PEA/PFS, though in US rather than Canadian jurisdiction.

Regional players

• Banyan Gold: Banyan Gold is a Yukon-based gold explorer advancing the AurMac project in the same jurisdiction as Snowline. It is a regional peer with similar exploration-stage activity in Yukon Territory, though at an earlier resource definition stage than Snowline's Valley.

Broad incumbents

• Kinross Gold: Kinross Gold operates the Fort Knox mine in Alaska, a reduced intrusion-related gold system (RIRGS) that is geologically analogous to Snowline's Valley deposit. It is a broad incumbent senior gold producer with the most directly comparable producing asset to Snowline's flagship project, and acquired Great Bear Resources (Snowline management pedigree) for $1.8B.
• B2Gold: B2Gold is a senior gold producer and Snowline's largest strategic shareholder (~9.9% stake), having participated in multiple financings since 2023. It is a broad incumbent and a direct strategic investor/partner, representing the type of major gold miner that could ultimately acquire Snowline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/SnowlineGold

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds6 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Snowline Gold