Whitehorse Gold Announces Grant of Stock Options

Whitehorse Gold Announces Grant of Stock Options

Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") is pleased to announce that it has granted, subject to regulatory approval, an aggregate of 1,805,000 stock options to directors, officers, employees and consultants of the Company, pursuant to the terms of the Company's stock option plan. The options are exercisable for a period of 5 years from the date of grant at price of $0.50 per share, being the closing price of the common shares on the TSX Venture Exchange ("TSX-V") on April 6, 2022. The options vest in six equal tranches over a period of three years, and are subject to the provisions of the plan and the policies of the TSXV.

ABOUT Whitehorse Gold CORP.

Whitehorse Gold is a mineral exploration company focused on its 170 km2 gold project located in southern Yukon, approximately 55 km south-southwest of Whitehorse. The Project hosts the advanced-stage Skukum Creek and Goddell deposits, and the formerly producing Mt. Skukum high-grade gold mine, all of which remain open for expansion, plus additional untested mineralized occurrences. Project infrastructure includes an all-weather access road, a 50-person camp, approximately 6 km of underground development, and a previously operating 300-tpd mill and associated support facilities. Underground operations by a previous operator at Mt. Skukum from 1986 to 1988 saw 233,400 tons of ore mined and processed to recover approximately 79,750 ounces of gold (Total Energold Corporation, 1989). The company is also reviewing other mining assets in jurisdictions that provide year-round access.

On Behalf of Whitehorse Gold Corp.

signed "Gordon Neal"

Gordon Neal, CEO & Director

For further information please contact:
Investor Relations, Whitehorse Gold Corp.
Phone: 604-336-5919
Email: info@whitehorsegold.ca
www.whitehorsegold.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119598

News Provided by Newsfile via QuoteMedia

WHG:CA
The Conversation (0)
whitehorse gold corp

Whitehorse Gold

Keep reading...Show less

New Canadian Gold Company Advancing a High-Grade Gold Project in the Yukon

Whitehorse Gold Signs Agreement to Acquire 100% Interest of The Porvenir Tin Project in Bolivia

Whitehorse Gold Signs Agreement to Acquire 100% Interest of The Porvenir Tin Project in Bolivia

Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") announces that its wholly-owned subsidiary, Stannum Metals Corp., on August 22, 2022 signed an agreement to acquire a 100% interest in a private Bolivian incorporated mining company (the "Porvenir Tin Company") from its three shareholders (the "Vendors"). The Vendors are Bolivian nationals and arm's length parties.

The Porvenir Tin Company's main asset is the Porvenir tin-zinc-silver-lead polymetallic mineral Project (the "Property"), or ATE (Temporary Special Authorization), located in the Oruro Department, Bolivia (see Figure 1 for location). The Property was subjected to some small-scale, historic mining and was explored and drilled by Japanese mining company, Dowa Metals and Mining Company ("Dowa") in 2005 (see Figure 2 for Property map and drill locations). In total, Dowa completed 88 diamond drill holes in approximately 25,000 metres ("m") based on the data acquired by the Company from an independent source.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Whitehorse Gold Signs Agreements to Acquire a Bolivian Tin Project and Adds Board Member

Whitehorse Gold Signs Agreements to Acquire a Bolivian Tin Project and Adds Board Member

Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") announces that its wholly-owned subsidiary, Stannum Metals Corp., has signed agreements to acquire a 100% interest in a private Bolivian incorporated mining company (the "Tin Company") from its three shareholders (the "Vendors"), free of any debt (the "Agreements"). The Vendors are Bolivian nationals and arm's length parties.

The primary asset of the Tin Company is a tin-zinc-silver-lead polymetallic mineral project or ATE (Temporary Special Authorization) located in the Oruro Department, Bolivia. The property was subjected to some small-scale, historic mining and was explored and drilled by Rio Tinto in 1999.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Whitehorse Gold Announces AGM Results

Whitehorse Gold Announces AGM Results

Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") is pleased to report that all resolutions were approved at the Company's Annual General Meeting of shareholders held on June 8, 2022. The voting results are as follows:

Total issued and outstanding Common Shares as at Record Date: 21,133,510
Total percentage of Common Shares voted: 39.78%

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Whitehorse Gold Entered into a Loan Agreement With a Right of First Refusal to Acquire a High Grade Gold Project in Guinea

Whitehorse Gold Entered into a Loan Agreement With a Right of First Refusal to Acquire a High Grade Gold Project in Guinea

Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") is pleased to announce that it has entered into to a loan agreement ("Loan Agreement") with a private Guinean gold mining company which owns certain mining concessions and licenses located in Guinea (the "Properties"), in exchange for a four-month exclusive right to negotiate an option acquisition agreement to acquire a 100% interest in the Guinean gold mining company (the "Borrower").

Loan Details

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Whitehorse Gold Intersects 7.7-metre Interval Grading 15.7 Grams per Tonne Gold at Mt. Skukum Deposit, Yukon

Whitehorse Gold Intersects 7.7-metre Interval Grading 15.7 Grams per Tonne Gold at Mt. Skukum Deposit, Yukon

 Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) ("Whitehorse Gold" or the "Company") reports assay results of the remaining 30 drill holes from the 2021 drill program at its wholly-owned Skukum Gold Project (the "Project"), in southern Yukon.

The 30 drill holes were infill and step-out drill holes from the Skukum Creek, Mt. Skukum and Goddell deposits, which have further confirmed and expanded gold-silver mineralization on the Project. With all drill results now received (see Table 1), the Company is evaluating its exploration plans for the 2022 program.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Closeup lumps of gold on wooden table.

Discovery to Production: How Juniors are Rewriting the Gold Resource Playbook

Amid a sustained strong gold price, new opportunities are emerging for junior gold explorers to turn their discoveries into cashflow, not through the traditional M&A route, but through pathways to self-production. It’s a shift that is not only reshaping valuations and investor expectations, but the very nature of the junior mining sector.

For decades, the junior gold mining model has been predictable: make a discovery, build a resource, and then sell the project to a major producer. The goal was to de-risk an asset just enough to catch the attention of a larger company with the capital and processing infrastructure needed to bring it into production.

But as the gold price climbs and the competitive landscape tightens, that playbook could be changing — or at least, branching out. Increasingly, juniors are bypassing the “flip” stage and moving directly into production themselves.

Keep reading...Show less
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Breaks US$3,700, Then Falls as Fed Cuts Rates

The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country's jobs market.

The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.

Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.

Keep reading...Show less
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.

The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security.

And each time the gold price rises, there are calls for even higher record-breaking levels.

Keep reading...Show less
Prince Silver

Prince Silver Commences Fully Funded Drill Program at the Prince Silver Project in Nevada

Prince Silver Corp. (formerly Hawthorn Resources Corp.) (CSE:PRNC)(OTC:PRNCF) ("Prince Silver" or the "Company") is pleased to announce the commencement of a fully funded, 6,500-meter exploration drill program at its flagship Prince Silver Project, a past-producing silver-zinc-gold-lead property. The program is designed to expand known high-grade zones, validate historical drilling, and define the broader mineralized system across the property.

Key Highlights:

Keep reading...Show less

Latest Press Releases

Related News