Q&A With White Gold On the Acquisition of the QV Gold Project from Comstock Metals

White Gold Corp.  (TSXV:WGO) recently announced the acquisition of Comstock Metals Ltd.’s (TSXV:CSL) QV gold project in the White Gold district in Yukon, Canada. In an interview with Motherlode TV, White Gold CEO David D’Onofrio discussed the acquisition and recent exploration that has been done on the project.

When asked why the acquisition was a good fit for White Gold, D’Onofrio sited the already established 230,000-ounce gold deposit, limited exploration and the experience his team members have in the White Gold region.

“When the opportunity came up to acquire the property, we immediately jumped on it, and now we are very excited to expand the existing deposit, further advance the other known targets on the property, and deploy our experienced team on this underexplored property,” said D’Onofrio.

D’Onofrio pointed out that most of the exploration work has been conducted at the VG zone deposit, but that the rest of the property needs additional exploration. However, the exploration work that has been conducted to date suggests that ounces can be added to the deposit with additional work.

Additionally, D’Onofrio has noticed that there are similarities between the targets at QV and the White Gold’s existing properties.

“The VG Zone deposit shares the same structural setting and mineralization style as our nearby Golden Saddle deposit. Additionally, the exploration targets on the north of the property we’re acquiring have the same style of mineralization we saw at our recent Vertigo discovery. There are major opportunities for us to leverage these similarities to maximize the value of this new property,” said D’Onofrio.

To read the full interview, click here.

Click here to connect with White Gold Corp. (TSXV:WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) for an Investor Presentation. 

Source: motherlodetv.net