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White Gold Corp.
Summary
| Project: | White Gold | |
|---|---|---|
| Deposit: | Golden Saddle, Arc | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-3-2018: White Gold Corp. announces a Resource Estimation report for its Golden Saddle, Arc deposit at the White Gold project. Mineral Resource estimate updating the historic estimate for the White Gold project. TORONTO, March 05, 2018 -- White Gold Corp | |
| Resources: | (Resource): 12.342Mt @ 2.43g/t Au (Ind.), 5.157Mt @ 1.70g/t Au (Inf.) | |
| CP/QP: | [Resources]: Dr. Gilles Arseneau (Arseneau Consulting Services Ltd.) | |
| ABSTRACT: | TORONTO, March 05, 2018 -- White Gold Corp. (TSX.V:WGO) (OTC:GFRGF) (FRA:29W) (the “Company”) is pleased to announce a Mineral Resource Estimate on the White Gold property located in Yukon, Canada. Jodie Gibson, P.Geo., Vice President of Exploration for the Company, commented “We are very pleased with the Mineral Resource estimate on the Golden Saddle and Arc. It provides us with a solid foundation from which we can expand the current mineral inventory in future exploration programs. Particularly exciting is the GS Main which has a remarkably consistent core at grades >3g/t Au that has been traced from surface to approximately 400m depth and is open down dip and down plunge. The Arc also remains open for expansion in all directions and our 2017 program demonstrated a subparallel zone to the Arc. These results have been achieved with only 44,698m of drilling on the Golden Saddle and 11,911m of drilling on the Arc to date by the Company and previous owners. Combined with the numerous other known exploration targets on the property that have received minimal to no drill testing and the broad advances in our understanding of the regional geology and controls on mineralization, we believe there is significant potential to expand the current resource base and make new discoveries. Furthermore, recent investments into access and infrastructure via the Yukon Resource Gateway project continues to improve the overall economics within the district | |
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