White Gold Corp announces that infill and extension soil sampling has refined and extended the newly discovered gold-in-soil anomaly on its QV property to 2.2 km along strike. White Gold Corp. Encounters Highest Gold Values to Date and Doubles Strike Length of the Newly Discovered Gold-In-Soil Anomaly to 2.2 km on the QV Property and Prepares for Maiden Diamond Drill Program.
The soil anomaly is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company’s flagship White Gold Project.
The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category.
These new results form part of the Company’s 2024 exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited.
“We are quite encouraged by these latest results from this newly discovered target. Our early-season soil sampling program has considerably extended the strike length of the target by over 1 km to 2.2 km and provided even greater continuity of high gold values.
Furthermore, the size, tenor, geochemical and geomagnetic characteristics of this target are also similar to our flagship Golden Saddle and VG deposits and represents exciting expansion potential with a maiden diamond drill program set to commence in the coming weeks” stated David D’Onofrio, Chief Executive Officer.
Shawn Ryan, Co-Founder and Chief Technical Advisor stated, “This newly discovered soil anomaly on the QV property is an interesting grass roots discovery for the Company as it reminds me of the anomaly that led to the discovery of the Golden Saddle and QV deposits which are close by and share a lot of similarities.
Soil sampling followed by our systematic evaluation has proven very effective in our district and we are looking forward to drilling this new target”
