White Gold Stock Price, News & Analysis

White Gold Corp. (OTCQX: WHGOF) announced the filing of a technical report updating the mineral resource estimate for its VG gold deposit in Yukon. The report shows an increase of 267,600 ounces of gold in Inferred Resources at an average grade of 1.62 g/t, a 16% rise from a 2014 estimate. The VG deposit, located 11 km from the flagship White Gold property, exhibits potential for further resource upgrades and discoveries. The technical report was prepared by Dr. Gilles Arseneau and is available on SEDAR.

White Gold Corp (OTCQX: WHGOF) has successfully closed a non-brokered private placement, raising approximately $9 million. Agnico Eagle Mines increased its ownership in the company to 19.9%. The offering consisted of three tranches of common shares priced between $0.70 and $0.98. The proceeds will fund Canadian exploration expenses on the White Gold District properties. The offering is subject to final acceptance by the TSX Venture Exchange and includes a four-month hold period for the issued shares.

White Gold Corp. announced a non-brokered private placement to raise approximately $9,000,000 through the issuance of flow-through common shares at $0.98 and $0.80, alongside common shares at $0.70. Agnico Eagle Mines indicated plans to increase its stake in White Gold to 19.9%. The funds will support exploration in the Yukon Territory and general corporate purposes. Closing is expected on December 21, 2021, pending regulatory approvals. The company manages significant mineral resources, including 1,139,900 ounces at its flagship property.

White Gold Corp. has announced promising results from its maiden diamond drilling program at the Betty Ford target in Yukon, Canada. The program included 6 drill holes totaling 1,364 meters, with significant gold intercepts in holes BETFD21D001 and BETFD21D003. Notably, hole D003 intersected 50.0m of 3.46 g/t Au, including a higher-grade core of 5.25 g/t Au. The results highlight the potential of the Betty property, located near existing major gold deposits. Follow-up drilling is planned to further explore this promising target.

White Gold Corp. (OTCQX: WHGOF) has released an updated mineral resource estimate for the VG deposit at its QV project, showing Inferred Resources of 267,600 ounces of gold at an average grade of 1.62 g/t. This represents a 16% increase from the 2014 estimate. The QV project is located 85 km south of Dawson City and is part of a larger exploration program supported by Agnico Eagle and Kinross Gold. The Company aims to upgrade a portion of the Inferred Resources to Indicated and explore additional targets on its extensive land package in the White Gold District.

White Gold Corp. (OTCQX: WHGOF) announced promising results from its diamond drilling at the Ryan’s Surprise and Ulli’s Ridge targets. Located near its flagship deposits, the program aimed to expand gold resources. Notable findings include:

• Drills encountered gold mineralization over a 400m area, reaching depths of 450m.
• Significant assays such as 10.36 g/t Au over 3.25m.
• The program is backed by Agnico Eagle Mines and Kinross Gold.

These results suggest further exploration potential in the White Gold District.

White Gold Corp. (OTCQX: WHGOF) released promising assay results from its recent rotary air blast drilling program at the Ulli's Ridge and Minneapolis Creek targets in Yukon, totaling 937m across 11 holes. Significant gold mineralization was identified, particularly 4.67 g/t Au over 6.10m in hole WHTULR21RAB006. The Ulli's Ridge target shows gold mineralization over a 500m strike length. The company's exploration efforts are backed by partners Agnico Eagle Mines and Kinross Gold, supporting its extensive land package in the emerging White Gold District.

White Gold Corp. has commenced trading on the OTCQX Best Market under the ticker symbol WHGOF, enhancing market access for U.S. investors. This upgrade aims to boost trading liquidity and expand investor awareness, as noted by CEO David D’Onofrio. The company holds a significant portfolio in the Yukon’s White Gold District, with over 1.5 million ounces of gold resources across multiple properties. Strategic partnerships with Agnico Eagle and Kinross Gold support its growth initiatives.

White Gold Corp. announced the initiation of its maiden diamond drilling program at the Betty Property, located 15km from Western Copper and Gold’s Casino deposit. This drilling will span 2,000 to 2,500 meters across 10-12 holes, targeting gold anomalies identified through recent geological and geochemical analyses. The Betty property covers 17,127 hectares and is strategically positioned along the Coffee Creek Fault. A detailed structural interpretation has enhanced the understanding of mineralization controls, revealing zones with potential porphyry style mineralization.