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Transaction Announcement Reports
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Project: | White Gold | |
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Deposit: | Rebecca | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 9/13/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 13-9-2017: White Gold Corp. announces an Exploration/Drilling Update report for its Rebecca deposit at the White Gold project. Drilling results incl. 3.048m @ 21.87g/t Au from 6.096m. White Gold Corp. (TSX.V: WGO) (the "Company") is pleased to announce as | |
Resources: | (historic estimate only) | |
CP/QP: | [Overall Report]: Jodie Gibson (GroundTruth Exploration Inc.) | |
ABSTRACT: | White Gold Corp. (TSX.V: WGO) (the "Company") is pleased to announce assay results, an exploration update and the commencement of diamond and RC drilling on the White Gold Property recently acquired from Kinross Gold Corp. (“Kinross”). A significant amount of exploration work has been completed and is ongoing on the Company’s portfolio of projects. In addition, the Company staked 80 claims on the Thor project. The Thor project is located approximately 5 km west of the White Gold Property and was staked to cover anomalous gold in soil values (from trace to 120 ppb Au) from historic work performed in the area. The Thor project is underlain by felsic orthogniess, metasediments, and ultramafic rocks within a similar structural setting as the adjacent White Gold Property. (See Yukon Assessment Report #095502) (1) . Results for RAB drilling on the JP Ross, Loonie and Dime properties are summarized below. Additional 2017 exploration results will be provided in due course. David D’Onofrio, Chief Executive Officer, commented: “We have been pleased with the execution of the exploration program thus far and are very encouraged by the preliminary findings. We are also excited to get underway with our program on the Golden Saddle and Arc deposits on the recently acquired White Gold Property to increase the size and our confidence in the historical resources and potential prospectively of the properties. The camp is in excellent shape and should provide for efficient program execution.” | |
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