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Shawn Ryan is a brilliant prospector and he makes finding gold sound both scientific and easy. If you really want to understand the White Gold story watching this video is worth the time. Plus, Bob Moriarty gives his ten thousand foot overview of the gold market and all the macro issues he sees on the horizon.
On November 26, 2019 White Gold announced a major discovery at its Hen Property in the White Gold District of Yukon. The target group is referred to as Titan. The discovery was the result of the first ever drilling at the target.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the first ever drill results on the Titan target, Hen property, Yukon. Rotary-Air-Blast (“RAB”) drilling followed up on high-grade prospecting and GT Probe results and intercepted 72.81 g/t Au over 6.09m from 10.67m depth, including 136.36 g/t Au over 3.05m at 12.19m depth within a 32m zone of mineralization, one of the strongest drill holes ever in the White Gold District, Yukon, Canada. The Titan is the most recent high-grade near surface gold discovery generated by the Company’s methodological data driven exploration strategy. The Titan is located on the road-accessible Hen property and consists of a 650m x 650m gold in soil anomaly with multiple other prospective targets that show similar geophysical characteristics to the mineralization encountered in these drill holes. The Company’s previous exploration results on the Titan include grab samples of 605 g/t Au, 497 g/t Au, and 113 g/t Au and soil samples of up to 113 g/t Au, being the highest soil value ever recorded within the Company’s White Gold District database of 400,000+ soil samples. White Gold Corp’s fully-funded $13 million 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, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.
I have a lot of time for Bob Moriarty as a gold mining analyst. He separates signal from noise better than any other analyst in the business.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the Company has received $3.35 million in proceeds from the exercise of outstanding share purchase warrants with an expiry date of October 27, 2019, originally issued as part of the Company’s October 27, 2016 private placement financing. All related warrants have been exercised, including the participation of management, directors and other insiders.
David D’Onofrio, CEO of White Gold Corp (V.WGO), says the company offers the opportunities and has the successes of multiple mining juniors, all combined into one company. “It’s not about one project or one resource, but about continually advancing our pipeline of multiple exploration projects efficiently and effectively in an exciting new gold camp.” states D’Onofrio.
Today’s White Gold (V.WGO) press release reports the results of White Gold’s extensive soil sampling across various target zones on its property in the Yukon. You can read the details of the sampling program in the release but, for the moment, it is worth taking a close look at the two maps which accompanied the release.
On July 11, 2019 White Gold (.V: WGO) put out a press release indicating that it had identified new district scale high-grade gold trends on its properties in the Yukon. We had some follow-up questions and White Gold sent us over the answers.
White Gold Corp’s (V.WGO) exploration and geological team led by legendary Yukon prospector, Shawn Ryan, and quarterbacked by VP Exploration, Jodie Gibson, is already in the field and as CEO David D’Onofrio said in a recent interview with MotherlodeTV: “This season is our most exciting yet and we are well underway.”