White Gold Corp. Appoints Mining Veteran Donovan Pollitt as Strategic Advisor

White Gold Corp. Appoints Mining Veteran Donovan Pollitt as Strategic Advisor

TSXV: WGO | OTCQX: WHGOF | FRA: 29W

Overview

White Gold Corp. announced the appointment of Donovan Pollitt, P.Eng., CFA, as a Strategic Advisor and Consultant. According to the company, Mr. Pollitt is a seasoned mining executive with over 20 years of experience spanning mining operations, executive management and capital markets activities.

Mr. Pollitt currently serves as President of Pollitt Mining Inc., a management consultancy firm providing services ranging from mine production optimization to capital markets strategy, as well as advisory services to buy-side institutional investors and private equity groups. He previously served as President and Chief Executive Officer of Wesdome Gold Mines Ltd. (TSX: WDO), a TSX-listed gold producer. During his approximately 10 years at Wesdome, the company stated he was responsible for mine permitting, the operation of three gold mines and raising considerable amounts of capital. Mr. Pollitt holds a Bachelor of Applied Science in Mining Engineering from the University of Toronto and an MBA from the MIT Sloan School of Management. He is a Professional Engineer in Ontario and a CFA Charterholder.

Key Highlights

  • Donovan Pollitt, P.Eng., CFA, has been appointed Strategic Advisor and Consultant to the Company.
  • Mr. Pollitt brings over 20 years of mining operations, executive management and capital markets experience, including tenure as President and CEO of Wesdome Gold Mines Ltd.
  • The Company granted Mr. Pollitt 250,000 options to purchase common shares at an exercise price of $1.45 per share, expiring February 9, 2031.
  • The appointment accompanies a series of near-term milestones the Company is advancing, including a maiden Preliminary Economic Assessment (PEA) on the flagship White Gold Project, targeted for delivery in the first half of 2026.

Strategic Context

CEO David D'Onofrio stated that Pollitt's combination of technical and capital markets expertise complements the Company's team as it continues to grow its high-grade resource base and advance the White Gold Project toward production. D'Onofrio described the current period as what the Company believes can be "a transformative period for White Gold Corp."

Mr. Pollitt noted the broader macroeconomic backdrop supporting the appointment, citing federal infrastructure investment in Canada, the remonetization of gold by central banks worldwide, and the advancement of neighbouring projects such as Coffee and Casino toward production. He described White Gold's flagship deposit as one of the highest grade undeveloped open-pit deposits in Canada, sitting within a 300,000-hectare district-scale land package that the Company says remains extensively under-explored.

Resources and Financials

  • Indicated Resources: 1,732,300 ounces of gold (35.2 million tonnes grading 1.53 g/t Au)
  • Inferred Resources: 1,265,900 ounces of gold (32.2 million tonnes grading 1.22 g/t Au)
  • Land Package: 15,364 quartz claims across 21 properties covering 305,102 hectares (3,051 km²), representing approximately 40% of the Yukon's emerging White Gold District
  • Options Granted: 250,000 options at $1.45 per share, expiring February 9, 2031

What to Watch Next

  • Release of additional results from the Company's 2025 Phase I Regional and Phase II Diamond Drill exploration programs across its district-scale portfolio of gold and critical mineral projects.
  • Corporate actions to isolate and unlock the value of the Company's critical mineral projects for shareholders.
  • Delivery of a maiden Preliminary Economic Assessment (PEA) on the flagship White Gold Project, estimated for the first half of 2026.
  • Announcement of the Company's 2026 exploration program, which the Company stated will be the largest in its history.
  • Participation in upcoming conferences, industry events and webinars throughout the year.

About White Gold Corp.

The Company owns a portfolio of 15,364 quartz claims across 21 properties covering 305,102 hectares (3,051 km²) representing approximately 40% of the Yukon's emerging White Gold District. The Company's flagship White Gold project hosts four near-surface gold deposits which collectively contain a resource estimate of 1,732,300 ounces of gold in indicated resources (35.2 million tonnes grading 1.53 grams per tonne gold) and 1,265,900 ounces of gold in inferred resources (32.2 million tonnes grading 1.22 g/t Au).

Read full press release here.

ArcStone Financial Pulse Team

Stay informed with the latest market trends and investment insights from ArcStone Securities and Investments Corp. Subscribe to our newsletter for more detailed reports and analysis.

Disclaimer and Forward-Looking Statements

The information contained herein is provided by ArcStone Securities and Investments Corp. ("ArcStone") for informational purposes only. It is not, and under no circumstances should it be construed as, an offer to sell or a solicitation of an offer to buy any securities or other financial instruments in any jurisdiction.

Certain statements contained herein may constitute "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on current expectations, estimates, and assumptions that involve known and unknown risks and uncertainties which may cause actual results or developments to differ materially from those expressed or implied. These statements often include words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "should," "target," or similar expressions. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. Except as required by law, ArcStone undertakes no obligation to update or revise any forward-looking information.

This content is not intended as investment advice or a recommendation to buy or sell any security and does not take into account the investment objectives, financial situation, or needs of any individual. Investors should consult their own professional advisors before making any investment decisions.

ArcStone Securities and Investments Corp. is not a registered broker-dealer and does not provide investment advice or recommendations. All registrable activities in the United States are conducted through ArcStone Securities, LLC and Kingswood US, both FINRA-registered broker-dealers. The issuer featured in this article (the "Company") is either a current client of ArcStone or a client through one of its affiliates. ArcStone and/or its affiliates have received or expect to receive cash, stock, stock options, warrants, and/or Restricted Stock Units (RSUs) for the provision of corporate advisory, investor relations, digital media, or capital markets consulting services to the Company over a twelve (12) month period. This relationship represents a potential conflict of interest, as ArcStone may be perceived to have an incentive to present the Company in a favorable light. The principals, directors, officers, employees, and related entities of ArcStone and its affiliates may, from time to time, own, buy, or sell securities or derivatives of the Company or its affiliates.

Read more