Welcome to our dedicated page for White Gold news (Ticker: WHGOF), a resource for investors and traders seeking the latest updates and insights on White Gold stock.
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.
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VANCOUVER, BC / ACCESSWIRE / April 26, 2023 / The Power Play by The Market Herald has released interviews with Aton Resources and White Gold Corp. highlighting significant updates. Aton Resources signed a contract with Geodrill for a 10,000m reverse circulation drilling program at its Abu Marawat Concession, Egypt. Meanwhile, White Gold Corp. reported a 41% increase in inferred resources at its flagship White Gold project, now holding 1,152,900 ounces in indicated resources and 942,400 ounces in inferred resources. This updated mineral resource estimate positions the project for potential growth, supported by partners Agnico Eagle Mines and Kinross Gold. For more insights, interviews are available on The Market Herald's platform.
White Gold Corp. (OTCQX: WHGOF) has announced an updated Mineral Resource Estimate (MRE) for its White Gold project in Yukon, Canada. The project now hosts a total of 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces in Inferred Resources. Highlights include:
- Indicated Resources: 16 million tonnes at 2.23 g/t Au.
- Inferred Resources: 19 million tonnes at 1.54 g/t Au.
- The maiden resource for the Ryan's Surprise deposit includes an Inferred Resource of 227,700 ounces.
- Inferred Mineral Resources increased by 41% since past estimates.
- 94% of resources are near surface, with potential for further expansion across multiple deposits.
The 2023 exploration program is fully funded, focusing on high-grade gold discoveries. The updated MRE positions the White Gold project among Canada's largest open-pit gold deposits.
White Gold Corp. (OTCQX: WHGOF) announces an exploration update focusing on two significant copper-molybdenum porphyry targets on its Pedlar and Hayes properties in Yukon, closely located to Western Copper and Gold's Casino deposit. The Bridget target spans 3 km by 3.5 km, showing soil anomalies indicative of a large porphyry system, while the newly identified Hayes target measures 2 km by 1.5 km. The company plans further exploration, including diamond drilling and induced polarization surveys, to assess these targets' potential. White Gold's extensive land package and strategic partnerships emphasize the region's mineral potential, setting an ambitious exploration agenda for 2023.
On February 23, 2023, White Gold Corp. (OTCQX: WHGOF) announced additional assay results from its 2022 diamond drilling program at the Ryan’s Surprise and Ulli’s Ridge targets. Located near its flagship deposits, these new results indicate significant gold mineralization, with encouraging intercepts such as hole WHTRS22D028 reporting 6.01 g/t Au over 2.35m. The company's extensive exploration program, totaling $6 million, aims to expand resources in the underexplored White Gold District. Positive outcomes are anticipated as a maiden resource estimate for Ryan’s Surprise is underway. This announcement supports the expansion of the company’s mineral resource portfolio.
White Gold Corp (WHGOF) has announced promising assay results from its 2022 diamond drilling program at the Ryan’s Surprise target. Significant gold mineralization was discovered, including a notable intersection of 5.34 g/t Au over 10.85m, extending mineralization by 50m to the southeast. The mineralized area measures approximately 450m by 450m, remaining open in all directions. The company is optimistic about increasing its gold resource estimates and plans to conduct further evaluations in 2023, supported by a $6 million exploration budget.
White Gold Corp. (OTCQX: WHGOF) has closed a non-brokered private placement, raising approximately $4.4 million. Agnico Eagle Mines participated to maintain its 19.8% ownership. The offering included 1,885,000 common shares at $0.38 each and 9,025,780 flow-through shares at $0.41 each. Proceeds will cover Canadian exploration expenses on properties in the Yukon. The offering is subject to TSX Venture Exchange approval and has a hold period expiring on April 20, 2023. The company aims to advance its exploration program after recent successes.
White Gold Corp. (WHGOF) announced a non-brokered private placement of approximately $4.4 million, issuing flow-through common shares at $0.41 each and common shares at $0.38 each. The proceeds will fund Canadian exploration expenses in the Yukon’s White Gold District, and Agnico Eagle Mines plans to maintain its 19.8% interest post-offering. The offering is subject to regulatory approval, with expected closing around December 23, 2022. The securities will have a statutory hold of four months plus one day.
White Gold Corp. (WHGOF) announced significant assay results from the 2022 drill program at the Betty Ford target. The latest drill hole, BETFD22RC004, intersected 8.94 g/t Au over 18.29m, with a high-grade section of 21.73 g/t Au over 6.10m. These results extend gold mineralization along strike to a total of 165m and are part of a $6 million exploration program in the Yukon. The company aims to advance its exploration efforts, building on successful findings from 2021 and anticipating further positive results.