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WHITE GOLD CORP ORD - WHGOF STOCK NEWS

Welcome to our dedicated page for WHITE GOLD ORD news (Ticker: WHGOF), a resource for investors and traders seeking the latest updates and insights on WHITE GOLD ORD stock.

White Gold Corp Ord (WHGOF) is a Toronto-based mining company listed on the TSXV and OTCQX. The company focuses on exploration and production of gold resources with a commitment to sustainable practices. With key projects underway, such as the Betty Ford Gold Drill Results, White Gold Corp continues to expand its portfolio and strengthen its presence in the mining industry.

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White Gold Corp. (OTCQX: WHGOF) is set to participate in key virtual conferences starting February 15, 2022, where management will discuss the successful 2021 exploration program and plans for the fully funded 2022 season. Notable events include a panel discussion on February 15 and a presentation on February 16. The company also announced an extension of the expiry for 375,000 previously issued warrants to February 28, 2023. White Gold owns significant claims in Yukon, with a mineral resource of 1,139,900 ounces Indicated gold.

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White Gold Corp. has announced positive assay results from its initial diamond drilling program at the Ulli’s Ridge target, located in Yukon. The program included 7 holes totaling 1,408.7m, with all holes intersecting gold mineralization. Highlights include WHTULR21D004's impressive 6.94 g/t Au over 19.50m and significant intercepts across other holes. The findings indicate a 650m strike length of mineralization, which remains open for further exploration. The company, backed by Agnico Eagle and Kinross Gold, aims to enhance its gold resources in the White Gold District.

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White Gold Corp. (OTCQX: WHGOF) announced the filing of a technical report updating the mineral resource estimate for its VG gold deposit in Yukon. The report shows an increase of 267,600 ounces of gold in Inferred Resources at an average grade of 1.62 g/t, a 16% rise from a 2014 estimate. The VG deposit, located 11 km from the flagship White Gold property, exhibits potential for further resource upgrades and discoveries. The technical report was prepared by Dr. Gilles Arseneau and is available on SEDAR.

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White Gold Corp (OTCQX: WHGOF) has successfully closed a non-brokered private placement, raising approximately $9 million. Agnico Eagle Mines increased its ownership in the company to 19.9%. The offering consisted of three tranches of common shares priced between $0.70 and $0.98. The proceeds will fund Canadian exploration expenses on the White Gold District properties. The offering is subject to final acceptance by the TSX Venture Exchange and includes a four-month hold period for the issued shares.

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White Gold Corp. announced a non-brokered private placement to raise approximately $9,000,000 through the issuance of flow-through common shares at $0.98 and $0.80, alongside common shares at $0.70. Agnico Eagle Mines indicated plans to increase its stake in White Gold to 19.9%. The funds will support exploration in the Yukon Territory and general corporate purposes. Closing is expected on December 21, 2021, pending regulatory approvals. The company manages significant mineral resources, including 1,139,900 ounces at its flagship property.

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White Gold Corp. has announced promising results from its maiden diamond drilling program at the Betty Ford target in Yukon, Canada. The program included 6 drill holes totaling 1,364 meters, with significant gold intercepts in holes BETFD21D001 and BETFD21D003. Notably, hole D003 intersected 50.0m of 3.46 g/t Au, including a higher-grade core of 5.25 g/t Au. The results highlight the potential of the Betty property, located near existing major gold deposits. Follow-up drilling is planned to further explore this promising target.

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White Gold Corp. (OTCQX: WHGOF) has released an updated mineral resource estimate for the VG deposit at its QV project, showing Inferred Resources of 267,600 ounces of gold at an average grade of 1.62 g/t. This represents a 16% increase from the 2014 estimate. The QV project is located 85 km south of Dawson City and is part of a larger exploration program supported by Agnico Eagle and Kinross Gold. The Company aims to upgrade a portion of the Inferred Resources to Indicated and explore additional targets on its extensive land package in the White Gold District.

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White Gold Corp. (OTCQX: WHGOF) announced promising results from its diamond drilling at the Ryan’s Surprise and Ulli’s Ridge targets. Located near its flagship deposits, the program aimed to expand gold resources. Notable findings include:

  • Drills encountered gold mineralization over a 400m area, reaching depths of 450m.
  • Significant assays such as 10.36 g/t Au over 3.25m.
  • The program is backed by Agnico Eagle Mines and Kinross Gold.

These results suggest further exploration potential in the White Gold District.

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White Gold Corp. (OTCQX: WHGOF) released promising assay results from its recent rotary air blast drilling program at the Ulli's Ridge and Minneapolis Creek targets in Yukon, totaling 937m across 11 holes. Significant gold mineralization was identified, particularly 4.67 g/t Au over 6.10m in hole WHTULR21RAB006. The Ulli's Ridge target shows gold mineralization over a 500m strike length. The company's exploration efforts are backed by partners Agnico Eagle Mines and Kinross Gold, supporting its extensive land package in the emerging White Gold District.

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White Gold Corp. has commenced trading on the OTCQX Best Market under the ticker symbol WHGOF, enhancing market access for U.S. investors. This upgrade aims to boost trading liquidity and expand investor awareness, as noted by CEO David D’Onofrio. The company holds a significant portfolio in the Yukon’s White Gold District, with over 1.5 million ounces of gold resources across multiple properties. Strategic partnerships with Agnico Eagle and Kinross Gold support its growth initiatives.

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FAQ

What is the current stock price of WHITE GOLD ORD (WHGOF)?

The current stock price of WHITE GOLD ORD (WHGOF) is $0.1781 as of October 15, 2024.

What is the market cap of WHITE GOLD ORD (WHGOF)?

The market cap of WHITE GOLD ORD (WHGOF) is approximately 34.6M.

Where is White Gold Corp Ord based?

White Gold Corp Ord is headquartered in Toronto, Ontario.

What stock exchanges is White Gold Corp Ord listed on?

White Gold Corp Ord is listed on the TSXV (Toronto Stock Exchange Ventures) and OTCQX.

What is the primary focus of White Gold Corp Ord?

White Gold Corp Ord specializes in the exploration and production of gold resources.

Does White Gold Corp Ord engage in sustainable practices?

Yes, White Gold Corp Ord is committed to sustainable practices in its operations.

What are the key projects of White Gold Corp Ord?

White Gold Corp Ord is currently working on projects like the Betty Ford Gold Drill Results.

How does White Gold Corp Ord contribute to the mining industry?

White Gold Corp Ord aims to expand its portfolio and strengthen its presence within the mining industry.

What is the significance of White Gold Corp Ord in the market?

White Gold Corp Ord plays a vital role in the exploration and production of gold resources, contributing to the mining sector's growth.

Are there any notable achievements of White Gold Corp Ord?

White Gold Corp Ord continues to make strides with its projects and investments, positioning itself as a key player in the industry.

How can investors stay updated on White Gold Corp Ord?

Investors can follow the latest news and developments of White Gold Corp Ord to track its performance and growth.

What sets White Gold Corp Ord apart from other mining companies?

White Gold Corp Ord stands out for its focus on sustainable practices, commitment to growth, and ongoing projects like the Betty Ford Gold Drill Results.

WHITE GOLD CORP ORD

OTC:WHGOF

WHGOF Rankings

WHGOF Stock Data

34.56M
85.12M
51.7%
6.43%
Gold
Basic Materials
Link
United States of America
Toronto