White Gold Intersects Gold Mineralization Supporting Continuity of the Arc Deposit

- January 19th, 2018

White Gold (TSXV:WGO) (the “Company”) is pleased to announce final reverse circulation (“RC”) drill results for the White Gold Property, Yukon from its 2017 exploration program. This final batch includes 2 holes from the historical Golden Saddle deposit (the “Golden Saddle deposit” or “Golden Saddle resource”), 6 holes from the historical Arc deposit (the “Arc deposit”) as … Continued

White Gold (TSXV:WGO) (the “Company”) is pleased to announce final reverse circulation (“RC”) drill results for the White Gold Property, Yukon from its 2017 exploration program. This final batch includes 2 holes from the historical Golden Saddle deposit (the “Golden Saddle deposit” or “Golden Saddle resource”), 6 holes from the historical Arc deposit (the “Arc deposit”) as well as 5 holes from newly defined exploration targets.
These new targets were primarily defined through a recently completed airborne geophysical survey that included magnetic and electromagnetic (DIGHEM) data. All drill assays from the White Gold Property have now been released and the Company is in the process of compiling the relevant databases for independent review and calculation of an updated National Instrument 43-101 mineral resource estimate.
Shawn Ryan, the Company’s Chief Technical Advisor, said:

“Since acquiring the White Gold Property in June 2017, we have successfully completed an aggressive exploration program on the property, comprised of 4 diamond drill holes, 31 reverse circulation holes, 1,224 line-km of airborne DIGHEM surveys, 17.2 line-km of IP-Resistivity surveys, 2,913 soil samples, 195 GT probe samples and detailed geologic mapping.
This season’s work supports the potential to expand both the Golden Saddle and Arc resources and also highlights the opportunity for new discoveries on the White Gold Property. We look forward to the completion of an updated NI 43-101 resource estimate in Q1 2018, and to an extensive program during the 2018 field season.”

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