White Gold - WHGOF STOCK NEWS

White Gold Corp has filed a technical report updating the Mineral Resource Estimate (MRE) for its flagship White Gold Project in Yukon, Canada. The project now contains 1,203,000 ounces of gold in the Indicated Resource category (17.7 million tonnes averaging 2.12 g/t Au) and 1,116,600 ounces of gold in the Inferred Resource category (24.5 million tonnes averaging 1.42 g/t Au).

Key highlights include an 18.5% increase in inferred resources and a 4.3% increase in indicated resources compared to the 2023 MRE. Notably, 97.5% of the resources are near surface and within an open-pit configuration. The mineralization remains open for expansion, with additional opportunities through the Target for Further Exploration area, estimated at 10-12 million tonnes grading between 1-2 g/t Au.

White Gold Corp has completed the second and final tranche of its upsized private placement, raising approximately $250,000 through the sale of 1,136,364 common shares at C$0.22 per share. Combined with the first tranche completed on December 23, 2024, the total offering reached $5.25 million.

The funds will support the company's 2025 exploration program across its district-scale gold and critical mineral property portfolio in Yukon's White Gold District. Agnico Eagle Mines participated in the offering by acquiring all 1,136,364 shares, maintaining an 18.3% ownership interest in the company.

White Gold owns 15,876 quartz claims across 26 properties covering approximately 315,000 hectares, representing about 40% of the White Gold District. The company's flagship project contains 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources.

White Gold Corp. (WHGOF) has successfully closed the first tranche of a non-brokered private placement, raising approximately $5,015,000. The offering included: 8,063,000 flow-through shares at C$0.26 per share, 5,092,593 critical mineral flow-through shares at C$0.27 per share, and 7,013,182 common shares at C$0.22 per share.

The proceeds will fund the company's 2025 exploration program in the Yukon Territory's White Gold District. The company's portfolio includes 15,876 quartz claims across 26 properties, covering approximately 315,000 hectares. Their flagship project contains 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources.

White Gold Corp has announced a non-brokered private placement to raise $4.5 million through the sale of various share types. The offering includes flow-through shares at C$0.26, critical mineral flow-through shares at C$0.27, and common shares at C$0.22.

The company's flagship project hosts four near-surface gold deposits containing approximately 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources. The proceeds will fund Canadian exploration expenses in the White Gold District of Yukon Territory, with a closing date expected around December 20, 2024.

White Gold Corp is exploring opportunities to create a new critical minerals entity from its portfolio in the White Gold District, Yukon. The company's land package includes significant targets for copper, molybdenum, tungsten, antimony, zinc, and bismuth. Key targets include the Bridget, Isaac, Mascot, Aries, Mount Hart, and Guilder properties. The Bridget target features a large 3km x 3.5km copper-molybdenum porphyry target with soil samples up to 321.9 ppm Mo and 710.1 ppm Cu. The company aims to unlock value from these critical mineral opportunities while maintaining its successful gold exploration program.

White Gold Corp announced an updated Mineral Resource Estimate for its flagship White Gold project in Yukon, Canada. The project now comprises 1,203,000 ounces of gold in the Indicated Resource category (17.7 million tonnes averaging 2.12 g/t Au) and 1,116,600 ounces of gold in the Inferred Resource category (24.5 million tonnes averaging 1.42 g/t Au). This represents an 18.5% increase in inferred resources and a 4.3% increase in indicated resources. The resources are near surface, with 97.5% within open pit potential, and remain open for expansion. The project includes four gold deposits - Golden Saddle, Arc, Ryan's Surprise and VG - with additional potential from 10-12 million tonnes grading 1-2 g/t Au in Target for Further Exploration areas.

White Gold Corp. announced that surface rock sampling has revealed gold along with silver and tellurium in altered and mineralized intrusive rocks over a 1.25 km section of the 2.2 km Chris Creek target on its QV property. The Chris Creek target is located 9 km northwest of the VG deposit and shares similarities with the VG and Golden Saddle deposits. The White Gold Project in Yukon, Canada, comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in Indicated Resource and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in Inferred Resource.

The 2024 exploration program included 787 soil samples, 5 VLF-EM survey lines, 14 rock samples, and maiden diamond drilling. Notably, rock samples returned anomalous gold values up to 1.09 g/t Au. The anomaly is part of a larger 5.2 km mineralized trend. The results support the effectiveness of the company's exploration protocol in discovering and advancing new targets. Drilling results are pending.

White Gold Corp. encountered its highest gold values to date, extending the gold-in-soil anomaly on its QV property to 2.2 km. The anomaly, located 9 km northwest of the VG deposit, shares similarities with the VG and Golden Saddle deposits of the company’s flagship White Gold Project in Yukon, Canada. The 2024 soil sampling program refined this anomaly with 787 samples, registering gold values from < 0.5 ppb to a maximum of 600 ppb. A significant 29 samples exceeded 80 ppb, showing high continuity of gold values. Supported by strategic partners like Agnico Eagle Mines and Kinross Gold, the company plans a maiden diamond drill program to start soon, testing up to 800 m of strike length.

White Gold Corp. has announced a fully funded 2024 exploration program for its 315,000-hectare land package in Yukon's White Gold District. The area includes the flagship White Gold Project, which has 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces in Inferred Resources. The 2024 plan will include diamond drilling at the Betty and QV properties, targeting newly discovered anomalies and high-priority zones. Betty property will undergo drilling at Black Betty, Betty White East, and Betty Ford West, while QV will focus on a 1 km long gold-in-soil anomaly. Additional regional exploration will involve geological mapping, soil geochemistry, and ground magnetics surveys.