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Project: | White Gold | |
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Deposit: | Golden Saddle, Arc | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 1/19/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 19-1-2018: White Gold Corp. announces an Exploration/Drilling Update report for its Golden Saddle, Arc deposit at the White Gold project. Drilling results incl. 7.62m @ 3.95g/t Au from 62.48m. White Gold Corp. (TSX.V: WGO) (the "Company") is pleased to an | |
Resources: | (historic estimate only) | |
CP/QP: | [Overall Report]: Jodie Gibson (Internal) | |
ABSTRACT: | White Gold Corp. (TSX.V: WGO) (the "Company") is pleased to announce final reverse circulation (“RC”) drill results for the White Gold Property, Yukon from its 2017 exploration program. This final batch includes 2 holes from the historical Golden Saddle deposit (the "Golden Saddle deposit" or “Golden Saddle resource”) (4) , 6 holes from the historical Arc deposit (the “Arc deposit”)(4) as well as 5 holes from newly defined exploration targets. These new targets were primarily defined through a recently completed airborne geophysical survey that included magnetic and electromagnetic (DIGHEM) data. All drill assays from the White Gold Property have now been released and the Company is in the process of compiling the relevant databases for independent review and calculation of an updated National Instrument 43-101 mineral resource estimate. The Company expects to have a resource estimate ready for release in Q1 2018. Detailed maps related to the drilling and additional information can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. “Since acquiring the White Gold Property in June 2017, we have successfully completed an aggressive exploration program on the property, comprised of 4 diamond drill holes, 31 reverse circulation holes, 1,224 line-km of airborne DIGHEM surveys, 17.2 line-km of IP-Resistivity surveys, 2,913 soil samples, 195 GT probe samples and detailed geologic mapping,” commented Shawn Ryan, the Company’s Chief Technical Advisor. “This season’s work supports the potential to expand both the Golden Saddle and Arc resources and also highlights the opportunity for new discoveries on the White Gold Property. We look forward to the completion of an updated NI 43-101 resource estimate in Q1 2018, and to an extensive program during the 2018 field season.” | |
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