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White Gold Corp.

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Summary

Project:

White Gold

Deposit:Golden Saddle
Location:Canada
Commodities:Gold
Date:8/8/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-8-2019: White Gold Corp. announces an Exploration/Drilling Update report for its Golden Saddle deposit at the White Gold project. Drilling results incl. 68m @ 3.59g/t Au from 73m. White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "C
Resources:(Resource): 1,039,600oz Au (Ind.) and 508,700oz Au (Inf.)
CP/QP:[Overall Report]: Jodie Gibson (Internal)
ABSTRACT:White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to provide an update on its fully funded $13 million 2019 exploration program, announcing initial diamond drilling results on its recent high‐grade Vertigo discovery and on its flagship Golden Saddle deposit, located in the prolific White Gold District in Yukon, Canada. This first phase of diamond drilling was designed to test the geometry of the Vertigo target and previously underexplored portions of the Golden Saddle deposit and surrounding area. The ongoing 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe sampling , trenching and RAB/RC drilling on various other properties across the Company’s expansive land package. “We are very pleased with the initial results from our ongoing diamond drill program. At the Vertigo we have confirmed the existence of multiple structures with high‐grade gold mineralization that display strong continuity along strike and at depth. These results are very encouraging for an initial diamond drill program and validate our current interpretation for the Vertigo. We look forward to receiving additional results from the Vertigo drill program and from ongoing exploration work on additional targets across the JP Ross property,” stated Jodie Gibson, VP Exploration. “The initial results at Golden Saddle are among the best holes drilled to date and significantly expand the high‐grade mineralization within and beyond the current Golden Saddle resource boundary. This is all alongside our regional exploration program, which continues to generate a strong pipeline of exciting new targets further demonstrating the district scale opportunity across our unique portfolio of assets.”

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