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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.
White Gold Corp. has initiated its 2022 diamond drill program at the Ryan’s Surprise and Ulli’s Ridge targets, located within the extensive 350,000 hectare White Gold property. This program is part of a fully funded $6 million exploration effort. The Ryan’s Trend suggests high potential for enhancing the company's gold resource base, which includes 1,139,900 ounces Indicated at 2.28 g/t Au. The program plans approximately 2,700 m of drilling to explore new high-grade zones and infill drilling to support resource estimation.
White Gold Corp. (OTCQX: WHGOF) will host a webinar on June 7, 2022, featuring CEO David D’Onofrio and other key management discussing the 2022 exploration program on its extensive 350,000-hectare land package in the Yukon. A $6 million fully funded program will focus on new targets and drill testing at the Betty and White Gold properties. The company aims for impactful regional exploration. The presentation will include a live Q&A session, providing investors with insights into recent discoveries and future plans.
White Gold Corp. announces an ambitious $6 million exploration program in 2022, covering its expansive 350,000 hectare land package in the Yukon. The program aims to build upon successful 2021 results, including a significant high-grade gold discovery at the Betty property. Key activities will include 7,500 meters of drilling, with targets such as the Betty Ford and Mascot. The program’s design reflects extensive off-season analysis and is fully funded, set to commence soon, with further updates forthcoming.
White Gold Corp. (OTCQX: WHGOF) has reported significant soil geochemistry results from its Hayes and Pilot properties in the Yukon. The 2021 exploration program revealed large copper, gold, and multi-element anomalies, including a 750m x 1,000m anomaly at Hayes indicative of a potential copper-molybdenum porphyry core. The Pilot property also showed extensive geochemical zones including a 1,000m Gold-Arsenic zone. Both properties remain unexplored by trenching or drilling, with follow-up work planned.
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.
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.
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.
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.
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.
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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