White Gold Corp. Launches Largest Exploration Program in Company History
TSXV: WGO | OTCQX: WHGOF | FRA: 29W
Overview
White Gold Corp. announced the commencement of its fully funded 2026 exploration program on its district scale land package in the emerging White Gold District in Yukon, Canada. According to the company, the primary objectives will be resource growth and expansion within, adjacent and in close proximity to the Company's known gold resources comprised of the Golden Saddle, Arc, Ryan's Surprise, and VG deposits. The company stated that the fully funded exploration program supported by strategic partners including Agnico Eagle Mines Limited will include the largest diamond drilling campaign in company history.
The company also announced it is continuing to advance its maiden Preliminary Economic Assessment on the White Gold Project, which is expected to be released in the near term.
Key Highlights
- Launch of largest exploration drill program in Company history
- Initial drilling will focus on resource growth around all four open pit gold deposits which comprise the White Gold Project - Golden Saddle, Arc, Ryan's Surprise and VG
- Golden Saddle testing expansion of the high-grade core (1.1 million ounces Indicated at 12.3 Mt @ 2.84 g/t Au and 93,000 ounces Inferred at 1.4 Mt @ 2.03 g/t Au), parallel zones of mineralization in both the hanging wall and footwall, and extension toward Golden Saddle West
- Arc testing extension, both down-dip and along strike, of mineralization currently defined along a 1.5 km strike length but only down to 100-meters average vertical depth
- Ryan's Surprise expansion of mineralization along strike, both east and west away from currently defined mineralization
- VG extension of mineralization down plunge and along strike toward the east
- Continued exploration across the portfolio of properties, advancing discovery-stage targets as well as assessing early-stage prospects for discovery potential
- Maiden Preliminary Economic Assessment on the White Gold Project underway, and to be delivered near term
Strategic Context
According to Dylan Langille, Vice President of Exploration for White Gold Corp., "We are incredibly excited to be embarking on the largest diamond drill program in White Gold Corp's history, and believe 2026 has the potential to be a transformational year for the Company." The program builds directly on the success of the company's 2025 exploration campaign which delivered outstanding results extending the high-grade core at Golden Saddle and successfully intersecting gold mineralization on initial step-down holes at the Arc deposit.
David D'Onofrio, Chief Executive Officer, stated that "2026 has the potential to be a defining year for White Gold Corp. With three drill rigs turning across our flagship gold project which ranks among Canada's highest-grade undeveloped open-pit gold resource, and multiple high-priority discovery targets, this program is designed to pursue meaningful resource growth while continuing to unlock the broader potential of our district-scale land package."
Resources and Financials
- Current resource estimate: 1,732,300 ounces of gold in the Indicated Resource category (35.2 million tonnes averaging 1.53 g/t Au)
- Inferred resources: 1,265,900 ounces of gold (32.3 million tonnes averaging 1.42 g/t Au)
- Property portfolio includes 15,362 quartz claims across 21 properties covering approximately 300,000 hectares (3,000 km2)
- Golden Saddle Main Zone high-grade core: 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off
- Arc deposit: 115,800 oz Indicated (4.113 Mt @ 0.88 g/t Au) and 397,000 oz Inferred (12.25 Mt @ 1.01 g/t)
- VG deposit: 296,000 oz Inferred (6.285 Mt @ 1.46 g/t Au)
- Ryan's Surprise deposit: 280,300 oz Inferred (5.693 Mt @ 1.53 g/t Au)
What to Watch Next
- Release of maiden Preliminary Economic Assessment on the White Gold Project in the near term
- Completion of W2 Critical Minerals Corp transaction to spin-out critical mineral assets
- Results from the largest diamond drilling campaign in company history
- Progress on resource growth at all four deposits
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 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 (32.3 million tonnes grading 1.22 g/t Au).
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