White Gold Makes New High-Grade Gold Discovery Along Trend with Golden Saddle Deposit Including 20.64 g/t Au Over 6.1m & 5.02 g/t Au Over 13.2m at Ryan’s Showing Target on White Gold Property, Yukon
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce that high-grade gold mineralization has been discovered at shallow depths on multiple drill holes on the Ryan’s Showing Target, located along trend with the Company’s flagship Golden Saddle deposit 2 KM to the west. The drill holes were completed using Reverse Circulation (“RC”) drilling which is used by the Company to drill shallow, sub-200m holes more cost efficiently than traditional exploration. The drilling was part of the Company’s 14,500m drill program focused on expansion of the existing gold resource on the White Gold property. This program includes expansion of the Golden Saddle deposit and exploration of nearby targets such as the Ryan’s Showing. A diamond drill will be moved to the discovery site to perform additional exploration. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.