TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce it will participate in the upcoming Mines and Money Online Connect Global conference from September 1st to September 3rd, the Precious Metals Summit Beaver Creek Virtual conference from September 15th to 17th and the Precious Metals Summit Europe Virtual conference from November 2nd to 3rd. David D’Onofrio (Chief Executive Officer), Shawn Ryan (Chief Technical Advisor) and Terry Brace (VP Exploration) will provide a corporate update and discuss the progress of the Company’s fully funded 2020 exploration program on its properties in Yukon’s White Gold District, Canada.
“We look forward to further introducing White Gold Corp. to the international investment community, providing an update on the progress of our 2020 exploration program and the upcoming results on our district-scale land package in Yukon’s emerging White Gold District,” stated David D’Onofrio, Chief Executive Officer.
Company Overview
White Gold Corp. is a gold exploration company with an extensive property portfolio comprised of over 420,000 hectares representing 40% of the Yukon’s prolific White Gold district and gold resources including its flagship Golden Saddle & Arc deposits containing 1,139,000 oz Indicated at 2.26 g/t Au and 402,100 oz Inferred at 1.28 g/t Au, and its VG resource containing 230,000 oz Inferred at 1.65 g/t Au(1).
The company was formed in 2016 by the renowned prospector Shawn Ryan whose exploration methodologies have led to multiple new discoveries in the White Gold District in recent years. The company has also added the expertise of mining and capital market experts including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM), Kinross Gold Corp (TSX: K, NYSE: KGC) and Eric Sprott as significant shareholders.
Registered parties interested in scheduling a meeting with management can do so through the online platforms as outlined below. For those unable to attend the conferences, recent video updates can be found on the Company’s website at https://whitegoldcorp.ca/media/videos/
About White Gold Corp.
The Company owns a portfolio of 21,207 quartz claims across 33 properties covering over 420,000 hectares representing over 40% of the Yukon’s prolific White Gold District. The Company’s flagship White Gold property hosts the Company’s Golden Saddle and Arc deposits which have a mineral resource of 1,139,900 ounces Indicated at 2.28 g/t gold and 402,100 ounces Inferred at 1.39 g/t gold. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. The Company’s recently acquired VG Deposit also hosts a historic Inferred gold resource of 230,000 ounces at 1.65 g/t Au(1). 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 owned by Newmont Corporation with Measured and Indicated Resources of 2.17 Moz at 1.46 g/t Au, and Inferred Resources of 0.50 Moz at 1.32 g/t Au(2), and Western Copper and Gold Corporation’s Casino project which has Measured and Indicated Resources of 14.5 Moz Au and 7.6 Blb Cu and Inferred Resources of 6.6 Moz Au and 3.3 Blb Cu(2). For more information visit www.whitegoldcorp.ca.
(1) See Comstock Metals Ltd. technical report titled “NI 43-101 TECHNICAL REPORT on the QV PROJECT”, dated August 19, 2014, available on SEDAR.
(2) Noted mineralization is as disclosed by the owner of each property respectively and is not necessarily indicative of the mineralization hosted on the Company’s property.
Qualified Person
Terry Brace, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.