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White Gold Corp.

TSXV:WGOLive AI agent

White Gold Corp.

Investor website: https://www.whitegoldcorp.ca/

About

White Gold Corp. is a Canadian gold exploration company operating exclusively in the prolific White Gold District located south of Dawson City in northwest Yukon, Canada. White Gold's district scale land package spans over 300,000 hectares, representing 40% of the District and includes defined gold deposits and exciting exploration targets. The Company's gold resources include its flagship White Gold Project which includes 4 deposits in close proximity and collectively contain Indicated Resources of 1,732,300 ounces at 1.53 g/t Au and Inferred resources of 1,265,900 ounces at 1.22 g/t Au. Led by Shawn Ryan, the experienced team has developed an innovative data driven exploration strategy that continues to deliver significant new discoveries including 3.46 g/t Au over 50m at Betty Ford, 8.69 g/t Au over 12.3m at Ryan's Surprise, 1.35 g/t Au over 21.33m at Ulli's Ridge, and 22.47 g/t Au over 30.46m at Vertigo, while also advancing a robust pipeline of exciting early-stage projects. Strategic shareholders include Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) which owns 19% of the Company.

Verified company data

Cash position
not discovered
Shares outstanding
131,898,308
Fully diluted shares
247,247,683
Mineral resource
The company's gold resources include its flagship White Gold Project which includes 4 deposits in close proximity and collectively contain Indicated Resources of 1,732,300 gold ounces at 1.53 g/t and Inferred resources of 1,265,900 gold ounces at 1.22 g/t Au.
Projects
["Hayes Property - Isaac Target\n\nLocation & Access\nThe Isaac target is located in the north-central part of the Hayes property approximately 160 km south-southeast of Dawson City and 280 km northwest of Whitehorse in west-central Yukon. Isaac is accessible via helicopter; small fixed-wing aircraft can land at the Casino and Scroggie airstrips located 35 km to the west and 40 km to the northwest respectively.\n\nSize\n1,249 claims covering 25,000 hectares\n\nWork to Date\nSoil sampling, geological mapping and prospecting, airborne magnetics and radiometrics, induced polarization\n\nTarget (Mineralization)\nPorphyry copper–molybdenum –gold deposits, Epithermal gold-silver deposits\n\nOverview\nThe Isaac target was first recognized by the Company as a prospective porphyry target in 2021 through soil sampling. Gridded soil sampling (50 m spaced samples on 100 m spaced survey lines) was conducted in an area located approximately 5 km south of the Yukon River where a 2017 reconnaissance soil survey identified several isolated anomalous ridge and spur soil samples. The 2021 sampling identified a new geochemically zoned multi-element soil anomaly named the Isaac target, which measures approximately 2 km east-west by 1.5 km north-south. The anomaly has a central core measuring from 750 m to 1,000 m in diameter and enriched in bismuth and arsenic, which is surrounded by a halo of anomalous silver, lead and zinc that is greater than 400 m wide. Anomalous copper occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core’s northern margin.\n\nGeologically the soil anomaly is associated with a plug of Late Cretaceous Prospector Mountain suite, which is known to be prospective for porphyry copper-gold-molybdenum and epithermal style mineralization. The geochemical zonation and elemental distributions indicate that the anomaly may represent the surface expression of a copper-molybdenum porphyry core surrounded by distal or epithermal style silver-lead-zinc mineralization. Follow-up geological mapping and prospecting in 2022 returned anomalous copper values from the core area of the soil anomaly, with three grab samples returning from 730.6 – 1269.2 ppm Copper.\n\nIn 2023 a ground geophysical survey consisting of two deep IP test lines totaling 4.2 km was carried out over the Isaac target. The lines were oriented perpendicular to each other at NE-SW (line 4N) and NW-SE (line 1E) using a dipole-pole-dipole configuration. Eight chargeability anomalies were identified on Lines 1E and 4N. Five anomalies occur on Line 1E, including three 1st priority anomalies (S1-S3), one 2nd priority anomaly (M1) and one 3rd priority anomaly (W1). The 1st priority anomalies are characterized by moderate chargeability and low to high resistivity. Target depths of the 1st priority anomalies range from 70 m (S3) to 250 m (S2). An additional three anomalies occur on Line 4N, including one 1st priority anomaly (S1) and two 2nd priority anomalies (M1-M2). Target depths of these chargeability anomalies range from 220 – 550 m.\n\nA plot of the chargeability anomalies on Line 1E in relation to soil geochemistry results for select elements (bismuth, copper, lead, silver) shows a strong correlation. The bismuth anomaly appears to be controlled by faults interpreted from the IP resistivity data. The bismuth and copper core of the soil anomaly is underlain by multiple chargeability anomalies (S1, S2, M1 and W1) which sit above a resistivity low which is interpreted as a fault structure. Lead, zinc, and silver, which form a halo around the core, are coincident with fault structures on the south side and north side of the survey area which trend NE (065°) and NW (290°) respectively. Isaac is a recently recognized (2021) target and has never been drilled tested."]
Leadership
Shawn Ryan (Co-founder & Chief Technical Advisor, Director, Over 20 years of experience prospecting gold across the Yukon. A global leader in his field, recognized with multiple awards for his contributions to gold discovery.), David D'Onofrio (Chief Executive Officer, Director, Over a decade of experience in corporate finance and capital markets focused on the natural resource sector. A Chartered Professional Accountant with extensive executive experience.), Donovan Pollitt (President, Director, Holds a Bachelor of Applied Science in Mining Engineering and an MBA. Former President of Pollitt Mining Inc. and CEO of Wesdome Gold Mines Ltd.), Dylan Langille (VP, Exploration, A decade of experience in mineral exploration with a proven track record in gold discovery. Known for his strategic mindset and ability to integrate multidisciplinary data.), Hans Smit, P.Geo. (Professional Geologist, Over 40 years of experience in mineral exploration and project development. Former COO of Orla Mining Ltd. and key contributor to several major gold projects.), Maruf Raza (Director, A Chartered Professional Accountant with extensive experience in public companies. Currently the National Director of MNP’s Public Companies practice.), Sean Bromley (Director, A commerce graduate with experience in venture capital and serves as a director for other TSX Venture companies.), Catherine Lathwell (Chief Financial Officer, A graduate of the University of Toronto and a Chartered Professional Accountant. Has been part of the Company’s accounting team since inception.)

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