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White Gold Corp.
Summary
| Project: | White Gold | |
|---|---|---|
| Deposit: | White Gold | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-9-2017: White Gold Corp. announces a Supporting Acquisition report for its White Gold deposit at the White Gold project. Summary of property in support of acquisition. Arseneau Consulting Services Inc. (ACS) was commissioned by White Gold Corp. (White | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Gilles Arseneau (Arseneau Consulting Services Inc.) | |
| ABSTRACT: | Arseneau Consulting Services Inc. (ACS) was commissioned by White Gold Corp. (White Gold) to prepare this technical report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) for the White Gold Project (the “Project”) located near Dawson City, Yukon Territory, Canada. The Report was prepared to support the disclosure by White Gold of scientific and technical information for the White Gold Project and to satisfy the requirements of TSX Venture Exchange. The primary source of information for this report was the assessments reports filed by the previous owners of the property, Kinross and Underworld, technical reports prepared by Kinross and SRK and from information gathered during the site visit. The White Gold Project is located in west-central Yukon, within the Dawson Mining District, Canada, 95 km south of Dawson City, and 350 km northwest of Whitehorse (Figure 4.1). The project consists of 1,792 claims for an aggregate 34,951 hectares. The property is covered by (1:50 000 scale) map sheets: 115O-03/04/05/06/07/11and 115N-08. The Company has acquired the rights to the White, Black Fox, JP, Ross, Yellow and Battle claims through an agreement singed with Kinross Gold on May 18, 2017. Total consideration to be paid to Kinross in connection with the acquisition include the issuance of 17.5 million common shares, an upfront cash payment of $10 million (Figure 4.2) | |
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