Jurgen Dissmann, chairman of Llanberis Mountain Rescue Team, said: “I would like to extend our most heartfelt condolences to the families and loved ones of the two men who have tragically lost their lives.
“The team were tasked by North Wales Police and launched an extensive multi-agency operation in full winter conditions.”
Dissmann said volunteers searched across challenging mountain terrain in snow and ice, working long hours through the night in difficult weather to try and find the pair.
“Despite the determined and sustained commitment of everyone involved, we are deeply saddened that, despite all efforts, the outcome was not what we had hoped for.”
Aberglaslyn Mountain Rescue Team also took part in the search, along with RAF Mountain Rescue Team among others.