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 Corp. (OTCQX: WHGOF) announced a significant update to its Mineral Resource Estimate (MRE) for its flagship White Gold project in Yukon, Canada. The company reported a 44% increase in Indicated Resources to 1,732,300 ounces of gold and a 13.4% increase in Inferred Resources to 1,265,900 ounces.
The Golden Saddle Main Zone features a high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au). Notably, 99% of the resources are near surface and contained within open pit mine designs. The resource update follows new modeling of the Golden Saddle and Arc deposits, showing improved geological continuity and stronger grade distribution.
The updated MRE encompasses four gold deposits – Golden Saddle, Arc, Ryan's Surprise, and VG. The estimate assumes a gold price of US$2,250 per ounce and gold recoveries of 92% for Golden Saddle and VG, and 85% for Arc and Ryan's Surprise deposits.
White Gold Corp. (OTCQX: WHGOF) has launched Phase II of its 2025 Exploration Program at its flagship White Gold Property in Yukon, Canada. The program aims to expand the company's existing multi-million-ounce gold resource, which currently includes 1,203,000 ounces in the Indicated category (17.7Mt at 2.12 g/t Au) and 1,116,600 ounces in the Inferred category (24.5Mt at 1.42 g/t Au).
Key initiatives include diamond drilling at the Golden Saddle zone targeting a high-grade footwall breccia, relogging and resampling of historic core to evaluate additional mineralization potential, and metallurgical & geotechnical sampling to support a Preliminary Economic Assessment. The company's property portfolio spans 300,000 hectares, representing approximately 40% of the White Gold District.
The project has additional growth potential through a Target for Further Exploration (TFFE) area estimated at 10-12 million tonnes grading between 1-2 g/t Au.White Gold Corp. (OTCQX: WHGOF) has launched Phase I of its 2025 Critical Metals Exploration Program across its district-scale land package in Yukon's White Gold District. The company controls 40% of the White Gold District with 15,362 quartz claims covering 300,000 hectares.
The program targets critical metals including copper, molybdenum, tungsten, antimony, and bismuth. Initial activities focus on three prospective targets: the Bridget target (Pedlar Property), Guilder target (Loonie Property), and Mt. Hart target (Nolan Property). The company will conduct IP surveys to identify drill targets.
White Gold's flagship project currently hosts 1,203,000 ounces of gold in Indicated Resources (17.7Mt at 2.12 g/t Au) and 1,116,600 ounces in Inferred Resources (24.5Mt at 1.42 g/t Au), with potential for expansion through an additional estimated 10-12Mt grading 1-2 g/t Au.
White Gold Corp. (WHGOF) has announced results from its 2024 exploration diamond drilling programs at the QV and Betty properties in Yukon, Canada. The company's initial drilling at the Chris Creek target revealed a broad near-surface gold-bearing structure with high-density quartz veining.
The drilling program at QV property included 6 holes totaling 1,082m, testing a 400m strike length of the Chris Creek gold target, which extends over 2.2km. All holes intersected gold mineralization within a gently dipping structure up to 50m in width. Notable intersections include 0.60 g/t Au over 17.85m and 0.46 g/t Au over 47.60m.
At the Betty property, 6 diamond drill holes totaling 1,130.8m were completed across three targets. The Black Betty target yielded the highest-grade gold intersection of 11.6 g/t Au over 1.10m. The Chris Creek target shows similarities to the company's flagship White Gold project, which contains 1,203,000 ounces of Indicated gold resources at 2.12 g/t Au and 1,116,600 ounces of Inferred gold resources at 1.42 g/t Au.
White Gold Corp has filed a technical report updating the Mineral Resource Estimate (MRE) for its flagship White Gold Project in Yukon, Canada. The project now contains 1,203,000 ounces of gold in the Indicated Resource category (17.7 million tonnes averaging 2.12 g/t Au) and 1,116,600 ounces of gold in the Inferred Resource category (24.5 million tonnes averaging 1.42 g/t Au).
Key highlights include an 18.5% increase in inferred resources and a 4.3% increase in indicated resources compared to the 2023 MRE. Notably, 97.5% of the resources are near surface and within an open-pit configuration. The mineralization remains open for expansion, with additional opportunities through the Target for Further Exploration area, estimated at 10-12 million tonnes grading between 1-2 g/t Au.
White Gold Corp has completed the second and final tranche of its upsized private placement, raising approximately $250,000 through the sale of 1,136,364 common shares at C$0.22 per share. Combined with the first tranche completed on December 23, 2024, the total offering reached $5.25 million.
The funds will support the company's 2025 exploration program across its district-scale gold and critical mineral property portfolio in Yukon's White Gold District. Agnico Eagle Mines participated in the offering by acquiring all 1,136,364 shares, maintaining an 18.3% ownership interest in the company.
White Gold owns 15,876 quartz claims across 26 properties covering approximately 315,000 hectares, representing about 40% of the White Gold District. The company's flagship project contains 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources.
White Gold Corp. (WHGOF) has successfully closed the first tranche of a non-brokered private placement, raising approximately $5,015,000. The offering included: 8,063,000 flow-through shares at C$0.26 per share, 5,092,593 critical mineral flow-through shares at C$0.27 per share, and 7,013,182 common shares at C$0.22 per share.
The proceeds will fund the company's 2025 exploration program in the Yukon Territory's White Gold District. The company's portfolio includes 15,876 quartz claims across 26 properties, covering approximately 315,000 hectares. Their flagship project contains 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources.
White Gold Corp has announced a non-brokered private placement to raise $4.5 million through the sale of various share types. The offering includes flow-through shares at C$0.26, critical mineral flow-through shares at C$0.27, and common shares at C$0.22.
The company's flagship project hosts four near-surface gold deposits containing approximately 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources. The proceeds will fund Canadian exploration expenses in the White Gold District of Yukon Territory, with a closing date expected around December 20, 2024.