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On December 19, 2019 White Gold (V.WGO) released drill results from its Vertigo Discovery on the JP Ross property in Yukon. We asked the company to give us a bit of background on the results and what its plans are for the Vertigo Discovery going forward.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce diamond drill results on the Vertigo target, located 25km north west of the Company’s flagship Golden Saddle & Arc deposit, on the road accessible JP Ross property, in the prolific White Gold District, Yukon, Canada. The Vertigo is one of the Company’s recent high-grade, near surface, gold discoveries generated through its methodological data driven exploration strategy. Drilling to date has encountered significant high-grade gold structures within a broad mineralized zone which remains open in all directions. The Vertigo is comprised of a 1.5km mineralized trend forming part of a 250km2 mineralized system with numerous newly identified targets. 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.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that it has filed on SEDAR the technical report titled “NI 43-101 Technical Report and Mineral Resource Estimate, Chimo Mine Project, Central Gold Corridor, Val-d’Or, Quebec, Canada”, bearing the date of signature of the 17 December 2019.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that it has entered into a Letter of Intent (“LOI”) with Mako Mining Corp. (“Mako”), the sole shareholder of Marlin Gold Mining Ltd. (“Marlin”), pursuant to which it was granted the right to acquire 100% of the shares of Marlin (the “Marlin Shares”). Marlin is a private British Columbia company, 100% controlled by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold”), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad”), currently being decommissioned (Figure 1). Oro Gold also controls 100% of nine concessions (the “Concessions”) totaling 104,094.5 ha located adjacent to Goldplay’s existing portfolio in the historic Rosario gold-silver Mining District, Sinaloa, Mexico (Figure 2).
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2QM) (“Eloro” or the “Corporation”) is pleased to announce that community elections in Pallasca, Ancash Department, Peru have been completed where a new President was elected. Eloro looks forward to working with the new President and the community in order to implement its plan to bring employment and benefits to the community in connection with the exploration of the San Markito Silver/Gold Zone.
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.
I am always interested in how the real world in precious metals intersects with the “paper” world.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce that the Company has installed its fully owned 49 person all-season camp complete with dorm rooms, an 80 person industrial kitchen, recreational & mud room, and arctic corridors. The camp is in excellent condition and currently on site at the Brewery Creek Mine site located near Dawson City, Yukon. Importantly, the camp will be added to the current 24 person camp and maintenance/office facilities and will provide all the on-site accommodations required for contemplated development and operational activities at the Brewery Creek Mine.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce Mr. Michael (Mike) Maslowski has commenced his position, effective December 2, 2019 as Chief Operating Officer. Mike will lead the mine development team and is charged with advancing the Brewery Creek Mine, located near Dawson City in Canada’s Yukon, through development towards planned operations. Mike previously served as Chief Operating Officer of Golden Predator from 2011 to 2014 and his familiarity with the project will enable the fully licensed Brewery Creek to advance quickly once a production decision has been made based on the ongoing Feasibility Study.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce it has staked three strategic claim blocks (Kodiak, Kirkman & Tea) totaling 689 mining claims (the “Claims”) contiguous to the Company’s White Gold property, Newmont Goldcorp Inc.’s (TSX: NGT, NYSE: NEM, “Newmont”) Coffee project and Western Copper & Gold’s (TSXV: WRN, NYSE: WRN) Casino project, all located in the prolific White Gold District, Yukon, Canada. The claims further extend the Company’s land package to the south, with Kodiak & Kirkman claim blocks located approximately 10km south of the Company’s White Gold deposit and 10km to the north of Newmont’s Coffee deposit, and the Tea claim block located contiguous to the Coffee project to the south. These properties each display similar geological characteristics to the nearby properties which host significant gold deposits. The Claims bring the Company’s expansive land package to 21,207 quartz claims across 33 properties, totalling over 422,730 hectares, representing over 40% of the White Gold District. 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.