White Gold Corp. Files Updated Technical Report Demonstrating 44% Increase in Indicated Gold Resources at Flagship Yukon Project

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

Overview

White Gold Corp. has announced the filing of an updated National Instrument 43-101 technical report for its flagship White Gold Project in Yukon, Canada. The updated Mineral Resource Estimate (MRE) covers four deposits, Golden Saddle, Arc, Ryan's Surprise, and VG, with an effective date of August 19, 2025. The report was prepared by Dr. Gilles Arseneau, P.Geo., of Arseneau Consulting Services Inc., an independent Qualified Person under NI 43-101, and is available on SEDAR+.

The updated MRE reflects a 44% increase in Indicated resources and a 13.4% increase in Inferred resources compared to the Company's previous estimate dated January 6, 2025. According to the Company, the gains were driven by recent remodelling of the Golden Saddle and Arc deposits, which involved reinterpretation of gold-bearing zones and identification of greater continuity of mineralization. The Company stated that the updated resource further positions the White Gold Project as one of the highest-grade undeveloped open-pittable gold deposits in Canada.

Key Highlights

• Indicated Resources now total 1,732,300 ounces of gold within 35.2 million tonnes grading 1.53 g/t Au, representing 57.8% of total resources.
• Inferred Resources now total 1,265,900 ounces of gold within 32.2 million tonnes grading 1.22 g/t Au, representing 42.2% of total resources.
• The Golden Saddle Main Zone contains a high-grade core of 1,100,000 oz Indicated (12.3 Mt at 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt at 2.03 g/t Au) at a 1.0 g/t cut-off.
• At a 3.0 g/t cut-off, the high-grade core contains 695,000 oz Indicated (4.4 Mt at 4.88 g/t Au) and 35,000 oz Inferred (269 kt at 4.07 g/t Au).
• 99% of the resources are near surface and contained within open pit mine designs.
• All four deposits remain open along strike and at depth, with multiple underexplored targets in close proximity.
• The Target for Further Exploration (TFFE) area is estimated to host between 10 to 12 million tonnes grading 1 to 2 g/t Au.

Strategic Context

According to the Company, the updated MRE follows new geological modelling at the Golden Saddle and Arc deposits that improved continuity of mineralization and optimized pit designs. The Company reported that these refinements collectively enhance overall project economic potential.

The Company's 2025 exploration program has been designed to deliver further increases to the resource and advance technical studies in support of a Preliminary Economic Assessment (PEA). At Golden Saddle, diamond drilling is targeting a high-grade footwall breccia zone, while at Arc, drilling is focused on the down-dip extension of mineralized zones and providing fresh material for metallurgical test work. A parallel relogging and assaying program on historical drill core is targeting previously unsampled vein-bearing intervals adjacent to known mineralized domains.

The Company noted these results form part of its work program supported by strategic partner Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM).

Resources and Financials

• Total Indicated Resources: 1,732,300 oz Au (35.2 Mt at 1.53 g/t Au)
• Total Inferred Resources: 1,265,900 oz Au (32.2 Mt at 1.22 g/t Au)
• Golden Saddle Open Pit Indicated: 1,614,400 oz Au (31.0 Mt at 1.62 g/t Au)
• Arc Open Pit Indicated: 115,800 oz Au (4.1 Mt at 0.88 g/t Au)
• Ryan's Surprise Open Pit Inferred: 280,300 oz Au (5.7 Mt at 1.53 g/t Au)
• VG Open Pit Inferred: 296,000 oz Au (6.3 Mt at 1.46 g/t Au)
• Gold price assumption: US$2,250 per ounce
• Open pit cut-off grade: 0.3 g/t Au; Underground cut-off grade: 2.3 g/t Au
• Gold recovery assumptions: 92% for Golden Saddle and VG, 85% for Arc and Ryan's Surprise

What to Watch Next

• Results from the 2025 diamond drilling program at Golden Saddle and Arc, expected to be released in due course.
• Outcomes from the historical core relogging and assaying program targeting additional near-surface ounces.
• Progress toward completion of a Preliminary Economic Assessment (PEA).
• Exploration results from the Company's district-scale gold and critical mineral projects.

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 an estimated 1,732,300 ounces of gold in Indicated Resources and 1,265,900 ounces of gold in Inferred Resources. Regional exploration work has also produced several other new discoveries and prospective targets on the Company's claim packages which border sizable gold discoveries including the Coffee project (Fuerte Metals Corporation) and Western Copper and Gold Corporation's Casino project. For more information visit www.whitegoldcorp.ca.

Read the full press release here.

ArcStone Financial Pulse Team

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