202620 releases
White Gold Intersects 2.73 g/t Gold over 21.8m, including 4.18 g/t Gold over 8.8m, Extending VG Deposit High-Grade Mineralization 120m Down-Plunge to 350m
White Gold Corp. reports hole QV26-025 at its VG Deposit in Yukon, Canada, returned 2.73 g/t Au over 21.75m, including 4.18 g/t Au over 8.80m, from 259.25m, extending mineralization about 350m down-plunge. Five holes at Ryan's Surprise also extended the stacked lens system about 50m to both the west and east.
Drill resultsWhite Gold Corp. Announces Completion of First Tranches of Fully Subscribed $10M W2 Critical Minerals Corp. Subscription Receipt Financing
White Gold Corp.'s subsidiary W2 Critical Minerals Corp. closed the first and second tranches of its non-brokered private placement of subscription receipts, with gross proceeds of $5,763,750 from the first tranche and $1,000,000 from the second, which included Agnico Eagle Mines Limited. The remaining balance of the up to $10 million offering is fully subscribed and will close in due course, in connection with the planned spin-out of W2.
FinancingWhite Gold Expands The High Grade Core At Golden Saddle Deposit Intersecting 513 Gt Gold Over 79M Within 147Gt Gold Over 381M And Significantly Extends The Vg Deposit High Grade Mineralization By 90M To 320M Down Plunge Across 150M Of
Drilling at the White Gold Project in Yukon returned 1.47 g/t Au over 38.08 m from 397.12 m in hole WHTGS26D0219 at Golden Saddle, including 5.13 g/t Au over 7.88 m and 10.48 g/t Au over 2.88 m, extending the Main Zone high-grade core about 50 m west at 300 m vertical depth. At VG, hole QV26-026 cut 2.53 g/t Au over 18.90 m from 172.10 m and QV26-024 cut 0.71 g/t Au over 38.45 m, extending mineralization from roughly 230 m to 320 m down-plunge over about 150 m of strike. Assays are pending from 49 additional holes.
Drill resultsWhite Gold Corp. Announces Filing of Preliminary Economic Assessment with C$1.86 Billion After-Tax NPV, 41% IRR and 1.5 Year Payback Period on the White Gold Project, Yukon, Canada
A maiden NI 43-101 preliminary economic assessment for the White Gold Project in Yukon, prepared by JDS Energy & Mining, outlines an after-tax NPV(5%) of C$1,856 million, 41% IRR and 1.5-year payback at US$3,600/oz gold, rising to C$2,911 million and 57% at US$4,500/oz. The 12,000 tonne per day open pit operation would run 9.4 years, producing 188,000 ounces of gold annually (223,000 over the first five years) at cash costs of US$1,290/oz and AISC of US$1,482/oz. Initial capital is C$1,002 million.
Study resultsWhite Gold Announces Approval of W2 Critical Minerals Corp Spinout
Shareholders approved the spin-out of certain Yukon critical mineral properties to W2 Critical Minerals Corp. at the August 11, 2026 annual general and special meeting, with 102,459,947 shares voted, representing about 46.12% of outstanding shares. W2 Shares will be distributed as a dividend-in-kind on the basis of one W2 Share for every five WGO Shares, leaving White Gold with roughly 19.9% of W2. The court hearing for final approval is set for August 13, 2026, with TSXV approval still required.
AcquisitionWhite Gold Announces Filing of Management Information Circular and Technical Report for Spin-Out of W2 Critical Minerals
A management information circular has been filed for an annual general and special meeting on August 11, 2026, at which shareholders will vote on a plan of arrangement to spin out White Gold's copper, molybdenum, tungsten and other critical mineral properties in west-central Yukon into W2 Critical Minerals Corp. Shareholders would receive one Spinco share for every five White Gold shares, with White Gold retaining roughly 19.9% of Spinco; Spinco will hold six properties — Bridget, Loonie, Wolf, Hunker, Hayes and Toonie. An NI 43-101 technical report on the 15,500-hectare Bridget Property, effective May 15, 2026, was also filed.
AcquisitionWhite Gold Corp. Announces Positive Preliminary Economic Assessment with C$1.9 Billion After-Tax NPV, 38% IRR and 1.7 Year Payback Period on the White Gold Project, Yukon, Canada
A maiden preliminary economic assessment on the White Gold Project in Yukon outlines a 9.4-year, 12,000 tonne per day open pit operation averaging 188,000 ounces of gold per year (223,000 ounces over the first five years), with after-tax NPV(5%) of C$1,911 million, 38% IRR and 1.7 year payback at US$3,600/oz gold. Initial capital is C$1,050 million, cash costs US$1,290/oz and AISC US$1,480/oz. At US$4,500/oz, after-tax NPV rises to C$2,996 million with a 52% IRR.
Study resultsWhite Gold Provides Resource Growth and New Discovery Exploration Update on its White Gold and QV Properties, Yukon
18 diamond drill holes totaling approximately 7,000 metres have been completed to date in the 2026 program on the White Gold and QV properties in Yukon, with three rigs running toward a target of 15,000 to 20,000 metres. Holes completed include three at Golden Saddle, five at VG and seven step-outs at Ryan's Surprise, with Arc drilling planned for the second half. New untested targets Golden Saddle 2.0 and VG East were identified, and a maiden Preliminary Economic Assessment is underway.
Resource updateWhite Gold Announces Filing of Management Information Circular and Technical Report for Spin-Out of W2 Critical Minerals
A management information circular has been filed for an annual general and special meeting on August 11, 2026, at which shareholders will vote on a plan of arrangement to spin out White Gold's copper, molybdenum, tungsten and other critical mineral properties in west-central Yukon into W2 Critical Minerals Corp. Shareholders would receive one Spinco share for every five White Gold shares, with White Gold retaining roughly 19.9% of Spinco. An NI 43-101 technical report on the 15,500-hectare Bridget Property, effective May 15, 2026, was also filed.
AcquisitionWhite Gold Corp. Sets Record & Shareholder Meeting Dates for W2 Critical Minerals Corp. Spin-Out
A record date of June 29, 2026 and a shareholder meeting date of August 11, 2026 have been set for a vote on White Gold Corp.'s proposed spin-out of its copper, molybdenum, tungsten and other critical mineral properties in west-central Yukon into W2 Critical Minerals Corp., covering six properties: Bridget, Loonie, Wolf, Hunker, Hayes and Toonie. Shareholders would receive one Spinco share for every five WGO shares, with White Gold retaining roughly 19%. Spinco plans a private placement of up to 20 million subscription receipts at $0.25 for up to $5 million.
CorporateWhite Gold Corp. Commences 2026 Exploration Program Designed to Further Increase Known Gold Resources and Make New Discoveries on its District Scale Land Package in Yukon, Canada
A fully funded 2026 exploration program has begun on White Gold Corp.'s White Gold District land package in Yukon, including the largest diamond drilling campaign in company history with three rigs, supported by partners including Agnico Eagle Mines. Drilling will target resource growth at the Golden Saddle, Arc, Ryan's Surprise and VG deposits, which hold 1,732,300 oz indicated (35.2 Mt at 1.53 g/t Au) and 1,265,900 oz inferred. A maiden Preliminary Economic Assessment is expected near term.
Drill resultsWhite Gold Corp. Identifies High-Priority Copper, Gold & Multi Element Porphyry and Epithermal Targets at Guilder and Mt. Hart Targets Following IP Geophysics Program
Induced polarization and resistivity ground surveys at the Guilder target (Loonie Property) and Mt. Hart target (Nolan Property) in Yukon's White Gold District defined multiple drill-ready chargeability anomalies. The 23.6 line-km survey at Guilder identified nine chargeability axes and two priority targets, IPDG-2 and IPDG-5, along a 275m-wide structural corridor controlling a 2.2 km polymetallic soil anomaly; the 32.2 line-km Mt. Hart survey outlined 26 axes beneath a 5 km by 3.5 km multi-element anomaly, with domains DM-1 and DM-5 prioritized for trenching and drilling. Guilder will be included in the planned W2 Critical Minerals Corp. spin-out.
Drill resultsWhite Gold Corp Appoints Hans Smit as Technical Advisor
Hans Smit, P.Geo., has joined White Gold Corp. as a Technical Advisor, providing technical guidance on resource expansion and economic evaluation work, including preparation of a maiden Preliminary Economic Assessment on the flagship White Gold Project in west-central Yukon, Canada. Smit has over 40 years of industry experience, co-founded Orla Mining and served as its Chief Operating Officer until December 2019, and was President and CEO of Gold Candle Ltd. from January 2022 to December 2023.
ManagementWhite Gold Corp. Launches Spin-Out of W2 Critical Minerals Corp.
An arrangement agreement has been signed with wholly owned subsidiary W2 Critical Minerals Corp. to spin out six copper, molybdenum and tungsten properties in west-central Yukon, with shareholders receiving one Spinco share for every five White Gold shares and White Gold retaining 19.9%. Spinco plans a private placement of up to 20 million subscription receipts at $0.25 for gross proceeds of up to $5 million, and intends to apply to list on the TSXV. Shareholder, court and regulatory approvals are required, with the meeting expected before the end of Q2 2026.
AcquisitionWhite Gold Corp. Appoints Donovan Pollitt as President and Director
Donovan Pollitt, P.Eng., CFA, has been appointed President and a Director of White Gold Corp. effective May 6, 2026; he joined as Strategic Advisor in February 2026 and previously served as President and CEO of Wesdome Gold Mines. Near-term milestones include the 2026 exploration program, a maiden Preliminary Economic Assessment on the White Gold Project in Yukon expected in the first half of 2026, environmental baseline studies, and a critical minerals spin-out. The Company also granted 700,000 options at $1.85, expiring April 22, 2031.
ManagementWhite Gold Corp. Makes New High-Grade Copper Discovery with Bedrock Samples up to 0.96% Copper at Lost Pup Target and Highlights Prospectivity of the Titan – Lost Pup Mineralized Trend on its Hen Property, Yukon, Canada
Bedrock chip sampling at the newly identified Lost Pup showing on the 100%-owned Hen property in west-central Yukon returned up to 0.96% Cu, with additional samples of 0.94%, 0.61% and 0.52% Cu, plus silver up to 15.1 g/t, from chalcopyrite-bearing quartz veins and fracture zones exposed by placer mining. Lost Pup sits 4 km southeast of the Titan target along a 6 km NNW–SSE thrust corridor. Follow-up mapping, sampling and drill target evaluation are planned.
Drill resultsWhite Gold Corp. Intersects Multiple Zones of Gold Mineralization and Expands the High-Grade Core at Golden Saddle Intersecting 3.23 g/t Gold over 56.1 m and Intersects High Grade Gold on the Arc Deposit Significantly Extending Gold Mineralization by 100m Down Plunge
Drilling at the Golden Saddle deposit on the White Gold Property in west-central Yukon returned 3.23 g/t Au over 56.10 m in hole WHTGS25D0216, extending the high-grade core 50 m west at 350 m vertical depth, with footwall and hanging wall intercepts also reported. At the Arc deposit, WHTAR25D038 returned 2.73 g/t Au over 4.35 m, extending mineralization at least 100 m down plunge. A maiden PEA is expected in Q2 2026.
Drill results
202512 releases
White Gold Corp. Defines Multiple Copper and Multi Element Porphyry Style Targets at the Bridget Target, Situated Along the Big Creek and Sixty Mile River Fault Systems in the Minto-Carmacks Copper Belt and Announces Corporate Webinar
The 2025 gradient and dipole-dipole induced polarization surveys at the Bridget target on the 100%-owned Pedlar property in Yukon defined 24 chargeability axes (IPGB-1 to IPGB-24) and five high-priority drill targets (TBRI-1 to TBRI-5) at 80 to 150 metre depths, beneath a 3.0 km x 3.5 km Cu-Mo-Bi cored soil anomaly. Géophysique TMC completed 99.45 line-km of surveys from July through August 2025 across Bridget, Guilder and Mt. Hart. A webinar is scheduled for 1pm EST on December 17, 2025.
Drill resultsWhite Gold Corp. Increases High-grade Gold Mineralization at Golden Saddle Intersecting 6.9 g/t Gold over 50.2 Metres in the Main Zone and Expands the High-Grade Footwall Breccia and Hanging Wall Mineralization
The first drill hole of the 2025 diamond drilling program at the Golden Saddle deposit on the White Gold Property in west-central Yukon, WHTGS25D0218A, returned 6.89 g/t Au over 50.2 metres in the Main Zone, 6.89 g/t Au over 2.80 metres in the footwall breccia, and 1.03 g/t Au over 2.00 metres in the hanging wall. Assays are pending from two further Golden Saddle holes and two holes at the Arc deposit. The program is funded with partners including Agnico Eagle Mines.
Drill resultsWhite Gold Corp. Closes Upsized $23 Million Private Placement
A brokered private placement closed for aggregate gross proceeds of approximately $23 million, including full exercise of the agents' option, comprising 9,411,710 units at $0.85, 8,547,000 premium flow-through units at $1.17 and 5,000,000 flow-through shares at $1.00, with half-warrants exercisable at $1.15 for 24 months. Agnico Eagle exercised its participation right, alongside insiders PowerOne Capital, CEO David D'Onofrio and VP Exploration Dylan Langille. Flow-through proceeds fund Yukon White Gold District exploration before December 31, 2026.
FinancingWhite Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.22 g/t) at its Flagship White Gold Project, Yukon, Canada
An updated NI 43-101 technical report for the White Gold Project in Yukon, effective August 19, 2025, reports 1,732,300 oz gold in Indicated Resources (35.2 million tonnes at 1.53 g/t) and 1,265,900 oz in Inferred (32.2 million tonnes at 1.22 g/t), up 44% and 13.4% from the 2024 estimate. The estimate covers the Golden Saddle, Arc, Ryan's Surprise and VG deposits, with 99% of resources within open pit designs, and assumes a US$2,250/oz gold price. It was prepared by Dr. Gilles Arseneau of Arseneau Consulting Services.
Resource updateWhite Gold Corp. Announces $20 Million Private Placement
A $20 million brokered private placement has been agreed with Clarus Securities Inc. as lead agent, comprising premium flow-through units at $1.17, flow-through shares at $1.00 and units at $0.85, with units and premium flow-through units including one-half warrant exercisable at $1.15 for 24 months; an agent's option may add up to $3,000,000. Flow-through proceeds will fund exploration in Yukon's White Gold District before December 31, 2026. Agnico Eagle intends to maintain its approximate 19.8% interest. Closing is anticipated on or about October 9, 2025.
FinancingWhite Gold Corp. Announces 44% Increase in Indicated Resources to 1,732,300 oz Gold and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold at its Flagship White Gold Project, Yukon, Canada
An updated mineral resource estimate for the White Gold project, 95 km south of Dawson City, Yukon, reports 1,732,300 oz gold in Indicated Resources (35.2 Mt at 1.53 g/t Au), up 44%, and 1,265,900 oz in Inferred Resources (32.2 Mt at 1.22 g/t Au), up 13.4%, versus the 2024 estimate. The estimate covers the Golden Saddle, Arc, Ryan's Surprise and VG deposits, with 99% within open pit designs, and assumes a US$2,250/oz gold price. An NI 43-101 technical report will be filed within 45 days.
Resource updateWhite Gold Corp. Commences Diamond Drilling on Flagship High Grade White Gold Project
Phase II of the 2025 exploration program has begun at the White Gold Project in Yukon, Canada, with diamond drilling at the Golden Saddle zone targeting a high-grade footwall breccia identified in historic drilling, within or near the existing pit shell. The program also includes relogging and resampling of historic core in the Golden Saddle hanging wall and footwall, plus metallurgical and geotechnical sampling at the Arc and Golden Saddle zones to support a Preliminary Economic Assessment. Work is supported by Agnico Eagle Mines Limited.
Drill resultsWhite Gold Corp. Launches Phase I of 2025 Exploration Program Commencing IP Geophysics Surveys on Multiple Highly Prospective Critical Mineral Targets
Phase I of the 2025 exploration program has commenced in the White Gold District, Yukon, targeting critical metals including copper, molybdenum, tungsten, antimony and bismuth at three targets: Bridget on the Pedlar Property, Guilder on the Loonie Property and Mt. Hart on the Nolan Property. Work comprises gradient and dipole-dipole induced polarization surveys of 40 line-kilometres at Bridget, 22 at Guilder and 34 at Mt. Hart. Phase II, focused on gold and including diamond drilling, will begin in the coming weeks.
Drill resultsWhite Gold Corp. Appoints Dylan Langille Member of Great Bear Resources Discovery Team as Vice President of Exploration
Dylan Langille has been appointed Vice President of Exploration of White Gold Corp. Langille has a decade of mineral exploration experience and was part of the core discovery team at the Great Bear Project in Red Lake, Ontario with Great Bear Resources Ltd., later leading exploration to grow the resource base ahead of a maiden Preliminary Economic Assessment following Kinross Gold's acquisition. The Company also granted 4,750,000 options at an exercise price of $0.265 per share, expiring June 18, 2030.
ManagementWhite Gold Corp. Encounters Broad Near Surface Gold-Bearing Structure with High Density Quartz Veining in All Holes on Newly Discovered 2.2 km+ Chris Creek Gold Target
Results from 2024 diamond drilling at the QV and Betty properties in the White Gold District, west-central Yukon, show all six holes at the newly discovered Chris Creek target (1,082 m total) intersected gold mineralization, including 0.46 g/t Au over 47.60 m from 6.70 m, 0.68 g/t Au over 16.35 m and 0.15 g/t Au over 72.15 m. At Betty, six holes totalling 1,130.8 m tested Black Betty, Betty White East and Betty Ford, returning 11.6 g/t Au over 1.10 m and 8.78 g/t Au over 0.65 m.
Drill resultsWhite Gold Corp. Files Technical Report for Significant Increase of Mineral Resources to 1,203,000 oz Gold Indicated and 1,116,600 oz Gold Inferred on its Flagship White Gold Project, Yukon, Canada
An NI 43-101 technical report dated January 3, 2025 (effective October 28, 2024) has been filed for the 100%-owned White Gold Project, 95 km south of Dawson City, Yukon, updating the mineral resource to 1,203,000 oz gold Indicated (17.66 Mt at 2.12 g/t Au) and 1,116,600 oz Inferred (24.47 Mt at 1.42 g/t Au) at US$2,000/oz gold, increases of 4.3% and 18.5% over the 2023 estimate. A Target for Further Exploration of 10–12 Mt grading 1–2 g/t Au is excluded.
Resource updateWhite Gold Corp. Closes Second and Final Tranche of $5.25M Upsized Private Placement
The second and final tranche of a non-brokered private placement closed for gross proceeds of approximately $250,000 through the sale of 1,136,364 common shares at C$0.22 per share, bringing total proceeds from the Offering to $5.25 million following the first tranche closed December 23, 2024. Agnico Eagle Mines acquired all 1,136,364 shares under a December 13, 2016 investor rights agreement and now holds an 18.3% partially-diluted interest. Proceeds are to fund a 2025 exploration program in Yukon. Securities carry a four-month and one day hold period.
Financing
202411 releases
White Gold Corp. Closes $5M First Tranche of Upsized Private Placement
The first tranche of a non-brokered private placement closed for gross proceeds of approximately $5,015,000, comprising 8,063,000 flow-through shares at C$0.26, 5,092,593 critical mineral flow-through shares at $0.27 and 7,013,182 common shares at C$0.22. Flow-through proceeds will fund Canadian exploration expenses on the Company's White Gold District properties in the Yukon Territory on or before December 31, 2025. Finders received 7.0% cash fees and 472,405 warrants exercisable at $0.22 for 36 months; Agnico Eagle intends to participate in a closing expected on or about January 3, 2025.
FinancingWhite Gold Corp. Announces Upsize to Private Placement
The size of a previously announced non-brokered private placement has been increased from $4,500,000 to up to approximately $5,250,000. Eligible finders may receive a cash fee of 7.0% of gross proceeds from subscribers they introduce, plus non-transferable warrants equal to 7.0% of those shares, each exercisable at $0.22 for 36 months. Closing of the first tranche is expected on or about December 20, 2024, subject to conditions including TSX Venture Exchange approval.
FinancingWhite Gold Corp. Announces $4.5 Million Private Placement
A non-brokered private placement for gross proceeds of $4,500,000 has been launched, comprising flow-through shares at C$0.26, flow-through shares qualifying for the federal 30% Critical Mineral Exploration Tax Credit at $0.27, and common shares at C$0.22. Flow-through proceeds will fund Canadian exploration expenses on the Company's White Gold District properties in the Yukon Territory on or before December 31, 2025, with renunciation effective December 31, 2024. Closing is expected on or about December 20, 2024, subject to TSX Venture Exchange approval.
FinancingWhite Gold Corp. Explores Creating New Critical Minerals Entity Portfolio to Include its Copper, Molybdenum, Tungsten, Antimony & Other Prospective Critical Mineral Targets
White Gold Corp. is evaluating strategies, including a potential new critical minerals entity, to advance copper, molybdenum, tungsten, antimony, zinc and bismuth targets across its 15,876 quartz claims on 26 properties covering 315,000 hectares in Yukon's White Gold District. Priority targets include Bridget, Isaac, Mascot, Aries, Mount Hart and Guilder; Bridget soils returned up to 321.9 ppm Mo, 710.1 ppm Cu and 101 ppm W and has never been diamond drilled. An early-season 2025 IP–resistivity survey is planned at Bridget ahead of maiden drilling, with 2024 program results to follow.
CorporateWhite Gold Corp. Announces Significant Increase in Mineral Resources to 1,203,000 oz Gold Indicated and 1,116,600 oz Gold Inferred at the White Gold Project, Yukon, Canada
An updated mineral resource estimate for the White Gold project, 95 km south of Dawson City, Yukon, reports 1,203,000 oz gold Indicated (17.7 Mt at 2.12 g/t Au) and 1,116,600 oz gold Inferred (24.5 Mt at 1.42 g/t Au) at US$2,000/oz gold, increases of 4.3% and 18.5% over the 2023 estimate. The estimate covers the Golden Saddle, Arc, Ryan's Surprise and VG deposits, with 97.5% of resources within an open pit. A NI 43-101 technical report will be filed within 45 days.
Resource updateWhite Gold Corp. Encounters Gold in Encouraging Host Rocks of Altered and Mineralized Intrusives in Surface Rock Sampling over 1.25km on the Newly Discovered 2.2km Chris Creek Target on the QV Property
Surface rock sampling along a 1.25 km section of the 2.2 km Chris Creek gold-in-soil anomaly on the QV property in Yukon returned anomalous gold in all 14 samples, including two at 1.06 and 1.09 g/t Au, one at 0.46 g/t Au, five between 0.1 and 0.2 g/t Au, and silver up to 13.66 g/t Ag. A maiden diamond drill program testing roughly 400 m of strike has been completed, with holes of 95.0 to 251.0 m and assays pending.
Drill resultsWhite Gold Corp. Encounters Highest Gold Values to Date and Doubles Strike Length of the Newly Discovered Gold-In-Soil Anomaly to 2.2 km on the QV Property and Prepares for Maiden Diamond Drill Program
Infill and extension soil sampling has extended a gold-in-soil anomaly on the QV property in west-central Yukon to 350 m wide by 2.2 km long, open along strike to the west and east, located about 9 km northwest of the VG deposit. The 787-sample 2024 survey returned gold values from <0.5 ppb to 600 ppb Au, with 29 samples above 80 ppb Au (82.3 to 600 ppb Au). A maiden diamond drill program of at least 1,200 m testing up to 800 m of strike is planned to start in the coming days.
Drill resultsWhite Gold Corp. Announces Fully Funded 2024 Exploration Program on its District Scale Land Package in Yukon, Canada
A fully funded 2024 exploration program is planned across White Gold Corp.'s 315,000-hectare land package in Yukon's White Gold District, including 2,800 m of diamond drilling on five targets at two properties: the Betty property (8 holes, 1,600 m) at Black Betty, Betty White East, Betty Ford West and Betty Ford, and the QV property (4 holes, 1,200 m) testing a 1 km long gold-in-soil anomaly 9 km northwest of the VG deposit. Regional mapping, soil geochemistry, ground magnetics, VLF-EM and LiDAR surveys are also planned.
Drill resultsWhite Gold Corp. Identifies Multiple Prospective IP Chargeability Anomalies on Two Large Multi-Element Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit, Yukon, Canada
Induced polarization test lines totalling 7.2 line-km at the Bridget and Isaac porphyry targets on the Pedlar and Hayes properties in Yukon's White Gold District identified 13 chargeability anomalies, 5 at Bridget (target depths 40–330 m) and 8 at Isaac (50–550 m), neither target having been diamond drill tested. Hyperspectral analysis of 2022 prospecting rock samples showed alteration mineralogy consistent with a porphyry model. Full IP survey coverage is recommended ahead of future drilling.
Drill resultsWhite Gold Corp. Announces Upcoming Conferences
White Gold Corp. will participate in the OTC Markets Metals & Mining Virtual Investor Conference from April 30 to May 2, 2024, and the Invest Yukon Site Tour & Conference in Dawson City and the Klondike District, Yukon, from June 21 to 27, 2024, which includes a tour of its White Gold Project in west-central Yukon. The company also granted 6,550,000 options to directors, officers, employees and consultants at an exercise price of $0.34 per share, expiring March 11, 2029.
CorporateWhite Gold Corp. Discovers 1 km Long Gold-In-Soil Anomaly 9 km Northwest of Its VG Deposit, White Gold District, Yukon, Canada
A 2023 soil sampling survey on the QV property in Yukon's White Gold District identified a new 1 km long, east-west trending gold-in-soil anomaly about 9 km northwest of the VG deposit, open along strike to the east and west. Roughly 200 samples collected at 50 m spacings on 100 m-spaced lines returned gold from below detection (<0.5 ppb) to 496.7 ppb Au, with 10 East Grid samples between 51.1 and 327 ppb Au and associated anomalous tellurium and low arsenic. Infill and extension soil sampling, GT-Probe bedrock sampling and ground magnetics and VLF-EM surveys are planned to advance the target to drill-ready status in 2024.
Drill results
202315 releases
White Gold Corp. Announces Closing of Fully Subscribed C$5.1 Million Private Placement
A non-brokered private placement closed for gross proceeds of approximately C$5.1 million, consisting of 3,722,133 common shares at $0.30 and 12,121,212 flow-through shares at $0.33. Agnico Eagle Mines acquired 3,722,133 common shares to maintain its 19.85% partially-diluted ownership. Flow-through proceeds will fund Canadian exploration expenses on the Company's White Gold District properties in Yukon, with common share proceeds for working capital; closing remains subject to final TSXV acceptance.
FinancingWhite Gold Corp. Announces Fully Committed C$5.1 Million Private Placement
A fully committed non-brokered private placement will raise gross proceeds of approximately C$5,116,000 through flow-through common shares at C$0.33 each and common shares at C$0.30 each. Agnico Eagle Mines has indicated it intends to maintain its pro rata interest at 19.85% post-offering by buying common shares, making its participation a related party transaction under MI 61-101. Flow-through proceeds will fund Canadian exploration expenses on the Company's White Gold District properties in Yukon, with closing expected on or about December 8, 2023.
FinancingWhite Gold Corp. Intercepts 5.04 g/t Au over 20.85m in Western Extension of Near Surface High-Grade Gold Zone & Identifies Additional Gold Occurrences in the Sulphide Domain at Betty Ford Target, White Gold District, Yukon, Canada
Drill hole BETFD23D015 at the Betty Ford target on the Betty property, White Gold District, Yukon, returned 5.04 g/t Au over 20.85 m from 18.65 m depth, including 13.34 g/t Au over 2.30 m and 11.47 g/t Au over 2.05 m, plus 0.44 g/t Au over 28.55 m from 107.85 m in the sulphide domain, including 1.38 g/t Au over 6.15 m. The 2023 program comprised four diamond holes totalling 1,165 m and identified a second breccia unit 30 to 50 m north of the main gold-bearing breccia.
Drill resultsWhite Gold Corp. Intersects 5.03 g/t Gold over 25.0m within 2.96 g/t Gold over 46.5m Significantly Expanding Width of Near Surface Gold Zone by 50% at Betty Ford Target, White Gold District, Yukon, Canada
Drill hole BETFD23D014 at the Betty Ford target on the Betty property, White Gold District, Yukon, returned 2.96 g/t gold over 46.5 m from 11.5 m depth, including 5.03 g/t gold over 25.0 m from 30 m, widening the near-surface gold zone to the south by at least 50%. The 2023 program comprised four diamond drill holes totalling 1,165 m; assays for BETFD23D015 remain pending. Mineralization has been traced 175 m along strike, 75 m deep and up to 90 m wide.
Drill resultsWhite Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 3.38 g/t Au over 53 m at Betty Ford Target, and 1.4 g/t Gold over 58.4 m at Vertigo Target, White Gold District, Yukon, Canada
Partial 2023 diamond drill results from the Betty Ford target on the Betty property, Yukon, returned 3.38 g/t Au over 53.0 m from 7.30 m in hole BETFD23D013, including 7.19 g/t Au over 6.30 m and 8.00 g/t Au over 4.35 m, with hole BETFD23D012 cutting 1.20 g/t Au over 8.3 m. At the Vertigo target on the JP Ross property, JPRVER23D0052 intersected 58.4 m at 1.4 g/t Au from 40.95 m, and JPRVER23D0051 returned 15.79 g/t Au over 1.60 m. Assays for BETFD23D013 below 364 m and holes D014 and D015 remain pending.
Drill resultsWhite Gold Corp. Commences Maiden Diamond Drilling at Cali Target on Nolan Property, Yukon, Canada
Maiden diamond drilling has begun at the Cali target on the Nolan property in the White Gold District, Yukon, with three holes totalling approximately 900 m, each 300 m long drilled at -50° toward 320° azimuth, testing about 1.1 km of strike along the Sixtymile-Pika Fault. Cali is a 2 km long by 250 m wide multi-element soil anomaly with maximum values of 515 ppb Au, 1436 ppm As, 2184 ppm Cu, 1225 ppm Pb and 2670 ppm Zn.
Drill resultsWhite Gold Corp. Commences Maiden RAB Drill Program on Wolf and Toonie Properties, Yukon, Canada
Maiden rotary air blast drilling has begun on the Wolf and Toonie properties in Yukon, Canada. At Wolf's Taurus target, four RAB holes totalling 300.3 m, each 50.3 m to 93.0 m long, tested a 2 km by 0.5 km gold-in-soil anomaly with maximum values of 358 ppb Au; assays have been submitted to the lab. At Toonie's Deux target, two of four planned holes totalling 400 m are complete, testing a 1.5 km by 0.5 km Au-As-Tl-Ag anomaly with maximum values of 156 ppb Au. Both programs received Yukon Mineral Exploration Program grants.
Drill resultsWhite Gold Corp. Commences Diamond Drilling at the Betty Ford target, White Gold District, Yukon, Canada
Diamond drilling has begun at the Betty Ford target on the Betty property in the White Gold District, west-central Yukon, with four holes totalling 1,200 m planned to test for a mineralized buried porphyry at depth and a possible feeder contact/structure for near-surface gold mineralization. Previous drilling returned 3.46 g/t Au over 50.0 m (BETFD21D003), 8.94 g/t Au over 18.29 m (BETFD22RC004), 1.50 g/t Au over 55.15 m (BETFD22D007) and 1.17 g/t Au over 48.00 m (BETFD21D001). The program is part of the company's fully funded 2023 exploration on its 350,000 hectare land package.
Drill resultsWhite Gold Corp. Announces Commencement of Diamond Drilling at the Vertigo target on the JP Ross Property, White Gold District, Yukon, Canada
Diamond drilling has begun at the Vertigo target on the JP Ross property in the White Gold District, Yukon, with 5 holes totalling 1,100 m planned to test the mineralized zone near historical trenching plus gold-in-soil anomalies 250-300 m to the east-northeast, southwest and south. All holes will be collared at -50° dip and 155° azimuth to intersect three identified vein sets. The program is part of White Gold's 2023 fully funded exploration program, with Betty and Nolan drilling to follow.
Drill resultsWhite Gold Corp. Announces Fully Funded 2023 Exploration Program on District Scale Land Package, Yukon, Canada
A fully funded 2023 exploration program is planned across White Gold Corp.'s 350,000 hectare land package in Yukon, Canada, including 3,200 m of diamond drilling on the Betty Ford, Vertigo and Cali targets, with Cali receiving maiden drilling of 3 holes totalling 900 m. Maiden RAB drilling totalling 800 m is planned at the Wolf and Toonie properties, which received Yukon Mineral Exploration Program grants covering 50% of eligible expenditures up to $50,000. Induced polarization–resistivity surveys are planned at the Bridget and Isaac targets.
Drill resultsWhite Gold Corp. Files Technical Report for its Flagship White Gold Project, Significantly Increasing Inferred Resources by 41% and Reporting 1,152,900 Gold Ounces in Indicated Resources and 942,400 Gold Ounces in Inferred Resources, Yukon, Canada
An updated NI 43-101 mineral resource estimate for the 100%-owned White Gold Project, 95 km south of Dawson City, Yukon, reports 16.11 million tonnes at 2.23 g/t Au for 1,152,900 ounces of indicated gold and 18.99 million tonnes at 1.54 g/t Au for 942,400 ounces of inferred gold, a 41% increase in inferred ounces. It covers four deposits and includes a maiden Ryan's Surprise inferred resource of 227,700 ounces at 1.97 g/t Au. The report, by Arseneau Consulting Services, is dated May 30, 2023 with an April 15, 2023 effective date.
Resource updateWhite Gold Corp. Significantly Increases Inferred Resources by 41% at its Flagship White Gold Project and Reports 1,152,900 Gold Ounces in Indicated Resources and 942,400 Gold Ounces in Inferred Resources, Yukon, Canada
An updated mineral resource estimate for the White Gold project, 95 km south of Dawson City, Yukon, reports 16.11 million tonnes at 2.23 g/t Au for 1,152,900 ounces Indicated and 18.99 million tonnes at 1.54 g/t Au for 942,400 ounces Inferred, a 41% increase in Inferred ounces. It covers four deposits — Golden Saddle, Arc, Ryan's Surprise and VG — including a maiden Inferred estimate of 227,700 ounces at 1.97 g/t Au at Ryan's Surprise. A NI 43-101 technical report will be filed within 45 days.
Resource updateWhite Gold Corp. Further Outlines Two Large Copper-Molybdenum Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit
Exploration results define two copper-molybdenum porphyry targets in Yukon's White Gold District: the Bridget soil anomaly on the Pedlar property, measuring 3 km NW-SE by 3.5 km NE-SW, with 2022 rock grab samples up to 1425 ppm Cu, 0.421 g/t Au and 5.588 g/t Ag from a site 3 km east of the main target, and the newly discovered Hayes anomaly, 2 km by 1.5 km, with grab samples of 730.6 – 1269.2 ppm Cu. Both lie 25 km and 30 km from Western Copper and Gold's Casino deposit and warrant induced polarization–resistivity surveys and initial diamond drilling.
Drill resultsWhite Gold Corp. Intersects Gold Mineralization in Widely Spaced Step Out Holes at Ryan’s Surprise and Discovers Additional Gold Mineralization in Maiden RAB Drill Program at Several Other Targets along the 6.5km Mineralized Ryan's Trend, Yukon, Canada
Step-out diamond drilling in the previously untested Gap area between Ryan's Surprise and Ulli's Ridge, Yukon, returned 1.43 g/t Au over 11.45m from 145.50m in WHTRS22D027 and 6.01 g/t Au over 2.35m from 296.50m in WHTRS22D028, while WHTULR22D010 at Ulli's Ridge cut 1.49 g/t Au over 16.00m from 6.00m. Maiden RAB drilling at Teacher intersected 3.40 g/t Au over 6.10m from 1.52m and 3.30 g/t Au over 4.57m from 24.38m. A maiden resource estimate for Ryan's Surprise is underway, and 5,800,000 options were granted at $0.38, expiring February 1, 2028.
Drill resultsWhite Gold Corp. Intersects Significant Additional Gold Mineralization including 5.34 g/t Gold over 10.85m Further Extending Mineralization Along Strike at the Ryan’s Surprise Target on its Flagship White Gold Property, Yukon, Canada
Drilling at the Ryan's Surprise target on the White Gold property in Yukon returned 5.34 g/t Au over 10.85m from 266.50m in hole WHTRS22D029, including 37.70 g/t Au over 0.85m, extending mineralization 50m along strike to the southeast; hole WHTRS22D032 returned 4.47 g/t Au over 1.40m and 0.58 g/t Au over 17.50m. The 2022 program comprised 9 diamond holes totalling 2,685m across Ryan's Surprise, Ulli's Ridge and the gap area. An initial mineral resource estimate for Ryan's Surprise is expected in 2023, with Gap and Ulli's Ridge results pending.
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20229 releases
White Gold Corp. Announces Closing of Fully Subscribed $4.4 Million Private Placement
A non-brokered private placement closed for gross proceeds of approximately $4.4 million, consisting of 1,885,000 common shares at $0.38 and 9,025,780 flow-through shares at $0.41. Agnico Eagle Mines participated by acquiring 1,885,000 common shares to maintain its 19.8% partially-diluted ownership. Flow-through proceeds will fund Canadian exploration expenses on the Company's White Gold District properties in Yukon, renounced effective no later than December 31, 2022; shares are subject to a hold period expiring April 20, 2023.
FinancingWhite Gold Corp. Intersects Additional Near Surface High-Grade Gold Mineralization of 8.94 g/t Gold over 18.29m including 21.73 g/t Gold over 6.10m Extending Mineralization Along Strike at the Betty Ford Target, Yukon, Canada
Reverse circulation hole BETFD22RC004 at the Betty Ford target on the Betty property, Yukon, returned 8.94 g/t gold over 18.29m from 35.05m depth, including 21.73 g/t gold over 6.10m from 45.72m, plus 1.99 g/t over 1.52m from 99.06m. The result extends the mineralized zone 35m along strike to the west, bringing total strike length to 165m. The 2022 Betty Ford program comprised 5 diamond holes totalling 933.0m and 2 RC holes totalling 201.16m, part of a $6 million exploration program.
Drill resultsWhite Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 55.2m of 1.50 g/t Gold Extending Mineralization Along Strike at its Betty Ford Target and 27.4m of 1.14 g/t Gold at the Mascot Target, Yukon, Canada
Initial 2022 drill results from the Betty property in Yukon include 1.50 g/t Au over 55.15m from 22.85m in hole BETFD22D007 at the Betty Ford target, extending gold mineralization 40m along strike east and 70m at depth, for a total strike length of 140m. At the Mascot target, 6km away, RC hole BETMAS22RC005 returned 1.14 g/t Au over 27.43m from 6.10m at the Davis zone, and BETMAS22D006 returned 1.13 g/t Au, 33.71 g/t Ag, 0.37% Zn and 0.20% Pb over 14.80m at Page. Results for the Boop zone and other holes remain pending.
Drill resultsWhite Gold Corp. Commences Drill Program at the Betty Property, Yukon
Drilling has begun at the Betty Ford and Mascot targets on the Betty property in Yukon's White Gold District, with approximately 2,200 m of diamond drilling and 1,650 m of reverse circulation drilling planned. Betty Ford drilling will follow up 2021 results of 3.46 g/t Au over 50 m and 1.17 g/t Au over 48.0 m, while Mascot sees maiden diamond drilling across the Page, Boop and Davis zones. The work forms part of a fully funded $6 million 2022 exploration program.
Drill resultsWhite Gold Corp. Commences 2022 Diamond Drill Program
Diamond drilling has begun at the Ryan's Surprise and Ulli's Ridge targets on the White Gold property in Yukon, with approximately 2,700 m planned across three target areas: around the high-grade zone at Ulli's Ridge where hole WHTULR21D004 returned 6.94 g/t Au over 19.5 m, the gap between the two targets, and infill drilling at Ryan's Surprise toward a potential initial resource estimate. The work forms part of a fully funded $6 million 2022 exploration program across 350,000 hectares. The rig will then move to the Betty property's Betty Ford and Mascot targets.
Drill resultsWhite Gold Corp. Announces Webinar to Provide Overview of its Fully Funded $6 Million 2022 Exploration Program & Corporate Update
A webinar will be held Tuesday, June 7, 2022 at 2 p.m. ET, with CEO David D'Onofrio, Shawn Ryan and VP Exploration Terry Brace outlining the fully funded $6 million 2022 exploration program on the company's 350,000 hectare land package in Yukon's White Gold District, followed by a live Q&A. The program includes 7,500m of drilling — 5,000m diamond, 1,000m RC and 1,500m RAB — at the Betty and White Gold properties, plus regional work on 10 properties. The company will also exhibit at PDAC 2022, booth 3333, June 13-15.
CorporateWhite Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada
A fully funded $6 million 2022 exploration program is planned on the company's 350,000 hectare land package in Yukon's White Gold District, starting in the coming weeks. It includes 7,500m of drilling — 5,000m diamond, 1,000m reverse circulation and 1,500m rotary air blast — targeting Betty Ford, a maiden program at Mascot 5km east, and Ryan's Surprise/Ulli's Ridge on the White Gold property. A regional early-stage program covering 10 additional properties will include mapping, soil geochemistry, LiDAR and drone magnetic surveys.
CorporateWhite Gold Corp. Identifies Significant Copper, Gold & Other Multi-Element Soil Geochemical Anomalies on its Hayes and Pilot Properties, Yukon, Canada
2021 soil geochemistry surveys on the Hayes and Pilot properties in Yukon identified copper, gold and multi-element anomalies. At Hayes, 1,200 soil samples across three grids outlined a zoned anomaly with a bismuth-arsenic core measuring 750 m to 1,000 m, surrounded by a silver-lead-zinc halo over 400 m wide, open to the west and north. At Pilot, 1,015 infill samples defined a 1,000 m gold-arsenic zone, a 2,000 m copper zone and a gold-bismuth-molybdenum zone. The 2022 program will be announced in coming weeks.
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