Canadian Mining Journal

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GOLD: White Gold maiden resource tops 1M oz.



Plan of the Golden Saddle and Arc deposits with a block model (>0.5 g/t gold) and Whittle shell pits. (Image: White Gold Corp.)

YUKON – White Gold Corp. has released the maiden resource including over 1 million oz. of gold at its White Gold property 95 km south of Dawson City. The company reports 961,000 oz. in the inferred resource and 282,500 oz. in the inferred resource at the Golden Saddle and Arc deposits.

Expressed otherwise, the indicated resource is 12.3 million tonnes grading 2.43 g/t gold, and the inferred resource is 5.2 million tonnes at 1.70 g/t gold.

The best grades came from the GS Main zone that contains 832,000 oz. of gold at a grade of 2.96 g/t in the indicated category and 107,000 oz. of gold at a grade of 3.18 g/t in the inferred category, using a 1 g/t cut-off. Within this zone is a high grade core of 525,600 indicated oz. of gold at a grade of 4.68 g/t and 81,900 inferred oz. at a grade of 4.74 g/t, using a 3 g/t cut-off.

The resource estimate represents 44,698 metres of drilling at Golden Saddle and 11,911 metres at Arc. Mineralization at all zones remains open in all directions.

White Gold says there are many more potential targets on its property. That combined with advances in understanding the regional geology and infrastructure investment via the Yukon Resource Gateway should improve the overall economics of the district.

Readers may be interested in the interactive property map at www.WhiteGoldCorp.ca.