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White Gold Corp.

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Summary

Project:

White Gold

Deposit:Vertigo, JP Ross
Location:Canada
Commodities:Gold
Date:12/10/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-12-2018: White Gold Corp. announces an Exploration/Drilling Update report for its Vertigo, JP Ross deposit at the White Gold project. Drilling results incl. 9.14m @ 9.20g/t Au from 54.86m. TORONTO, Dec. 10, 2018 -- White Gold Corp. (TSX.V: WGO, OTC – N
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Jodie Gibson (Internal)
ABSTRACT:TORONTO, Dec. 10, 2018 -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company) is pleased to announce the discovery of additional high-grade gold mineralization outside of the previously drilled area on the Vertigo target at its JP Ross property, Yukon, Canada, stepping out as much as 300m in multiple directions. Additional surface samples have also identified new zones of high-grade gold mineralization in the areas surrounding the Vertigo target, further expanding the footprint of the high-grade mineralized system to 2,200m x 650m, as well as on other targets along the structural trend which has now been identified to extend 18km on the JP Ross Property. These results significantly increase the size and scale of the Company’s recent discovery on its JP Ross property, discovered through its systematic and data driven regional exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). “These results expand the known gold mineralization on the Vertigo and significantly increases the footprint of the overall system. The structural zones that host high-grade mineralization on the Vertigo are showing strong continuity in both strike extent and mineral tenor, and highlight the potential for expansion of the known mineralization and additional new discoveries in the area,” stated Jodie Gibson, VP Exploration. “The prospecting results from Suspicion and Topaz are comparable to those originally found at Vertigo and we believe there is strong potential for these targets to host similar mineralization. The widespread distribution of high-grade material found in the area is among the most impressive in the Yukon and this is unfolding as a large-scale gold system which is just beginning to be uncovered. We look forward to receiving the remainder of the results from Vertigo and the surrounding targets and planning a comprehensive drill program to expand on this success.”

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