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White Gold Corp. reports exploration and corporate developments tied to its district-scale mineral property portfolio in west-central Yukon, Canada. The company’s updates center on the flagship White Gold Project and a pipeline of gold, copper and critical-mineral targets across properties such as Hen and Pedlar.
Recurring news includes drill results from Golden Saddle and Arc, bedrock sampling and mineralization reports at Lost Pup and Titan, geophysical surveys at the Bridget target, technical-study and permitting work, and leadership changes supporting exploration and development planning.
White Gold (OTCQX: WHGOF) reported that shareholders approved the spin-out of certain Yukon critical mineral properties to W2 Critical Minerals at its August 11, 2026 meeting. The transaction will proceed by plan of arrangement and remains subject to final court and TSX Venture Exchange approvals, with a court hearing scheduled for August 13, 2026.
Under the Spin-Out, White Gold will transfer the critical mineral assets to W2 in exchange for W2 shares and distribute them as a dividend-in-kind at a ratio of 1 W2 share for every 5 WGO shares, with no change to shareholders’ WGO holdings. After completion of the Spin-Out and a related financing, White Gold is expected to own approximately 19.9% of W2. W2 intends to apply to list its shares on the TSXV.
Shareholders also approved all other AGM matters, including director elections, appointment of Mao & Ying as auditor, and adoption of a new Omnibus Incentive Plan allowing stock options and restricted share units, capped at 10% and 5% of outstanding WGO shares respectively.
White Gold Corp (OTCQX: WHGOF) reported a maiden Preliminary Economic Assessment for its White Gold Project in Yukon, outlining a 9.4‑year, 12,000 tpd open pit mine producing an average of 188,000 oz of gold per year (223,000 oz/y in years 1–5). At a base gold price of US$3,600/oz and US$0.72:C$1.00, the study shows an after‑tax NPV(5%) of C$1.911 billion, after‑tax IRR of 38% and a 1.7‑year payback, with life‑of‑mine after‑tax free cash flow of C$2.685 billion. Initial capital is estimated at C$1.05 billion, with sustaining capital of C$326 million and closure and reclamation of C$146 million. Average cash costs are projected at US$1,290/oz and all‑in sustaining costs at US$1,480/oz. The mine plan processes 41 Mt at 1.54 g/t Au, with a strip ratio of about 9:1 and average gold recovery of 87%. The PEA incorporates four deposits and uses roughly 60% of the current resource, with additional deposits and over 25 targets offering potential future upside, subject to further work. The company cautions the PEA is preliminary and includes Inferred resources without demonstrated economic viability.
White Gold (OTCQX: WHGOF) reported progress on its fully funded 2026 exploration program on the White Gold and QV properties in Yukon. The campaign targets 15,000–20,000 m of diamond drilling with three rigs, focused on expanding resources at the Golden Saddle, Arc, Ryan's Surprise and VG deposits and testing nearby discovery targets.
As of this update, 18 holes totaling about 7,000 m have been completed. Golden Saddle, VG and Ryan's Surprise have seen step-out drilling to extend mineralization, while Arc drilling is planned for the second half of the program. New high-priority targets Golden Saddle 2.0 and VG East are being advanced toward drilling. A maiden Preliminary Economic Assessment for the White Gold Project is underway, alongside a resource base of 1.73 Moz indicated and 1.27 Moz inferred gold. The company also noted federal support for a proposed Yukon–British Columbia transmission line that could benefit the broader district.
White Gold Corp (OTCQX:WHGOF) launched a fully funded 2026 exploration program on its district-scale Yukon land package, featuring the largest diamond drilling campaign in its history.
The program targets resource growth at the Golden Saddle, Arc, Ryan's Surprise and VG deposits, supports a near-term maiden PEA, and follows a planned spin-out of critical mineral assets to shareholders.
White Gold (OTCQX:WHGOF) reported IP and resistivity survey results at its Guilder (Loonie) and Mt. Hart (Nolan) targets in Yukon. Surveys outlined multiple deep chargeability anomalies aligned with major structures and soil geochemical trends, defining drill-ready copper-gold porphyry and epithermal targets and supporting a fully funded 2026 exploration program and critical minerals spin-out to W2 Critical Minerals.
White Gold (OTCQX:WHGOF) appointed Hans Smit, P.Geo. as Technical Advisor. He will support resource expansion and economic evaluation work, including preparation of a maiden Preliminary Economic Assessment (PEA) for the flagship White Gold Project in west-central Yukon, Canada.
Smit brings over 40 years of mineral industry experience.
White Gold Corp (OTCQX:WHGOF) announced a plan to spin out six non-gold critical mineral properties into a new company, W2 Critical Minerals Corp (Spinco), with a distribution of one Spinco share for every five White Gold shares and White Gold retaining 19.9% of Spinco.
Spinco plans a private placement of up to $5.0M (20M subscription receipts at $0.25) and intends to apply to list on the TSXV; the Spin-Out is subject to regulatory, court and shareholder approvals.
White Gold Corp (OTCQX: WHGOF) appointed Donovan Pollitt as President and Director effective May 6, 2026. Mr. Pollitt joins from advisory role to lead a 2026 exploration program, deliver a maiden PEA (expected H1 2026), advance environmental baseline studies, and pursue resource expansion at the flagship White Gold Project.
The flagship hosts an indicated 1,732,300 oz Au (35.2 Mt at 1.53 g/t) and inferred 1,265,900 oz Au (32.2 Mt at 1.22 g/t). The company granted 700,000 options at $1.85 expiring April 22, 2031.
White Gold Corp (OTCQX:WHGOF) announced a new high-grade copper discovery at the Lost Pup target on its Hen property, Yukon, with bedrock samples up to 0.96% Cu and silver to 15.1 g/t Ag. Lost Pup lies along a 6 km NNW-SSE Titan‑Lost Pup structural corridor near a mapped Late Cretaceous intrusive (~900m), highlighting district-scale copper-gold porphyry potential. The company plans follow-up mapping, geochemistry, geophysics and drilling as part of an expanded 2026 exploration program, and noted its flagship White Gold project contains ~1.73M oz Indicated and 1.27M oz Inferred gold resources.
White Gold Corp (OTCQX:WHGOF) reported 2025 drill results that expand high-grade gold at Golden Saddle and extend Arc mineralization down plunge. Hole WHTGS25D0216 returned 3.23 g/t Au over 56.10 m, broadening the high-grade core by ~50 m west at 350 m depth.
At Arc, drilling hit 2.73 g/t Au over 4.35 m, extending mineralization at least 100 m down plunge. The company cites a district resource base of 1,732,300 oz indicated and 1,265,900 oz inferred, and says a fully funded, larger 2026 program and a maiden PEA in Q2 2026 are planned.