Whitehorse Gold

Overview

Whitehorse Gold (TSXV:WHG) is one of Canada’s newest exploration and development companies, and it is focused on its Skukum gold project in the Southern Yukon that includes the past producing Mt. Skukum mine, which produced approximately 80,000 oz of gold from 1986-88 from 233,000 tons of ore mined. The company is also focused on its advanced-stage Skukum Creek and Goddell deposits. The company was recently spun out of New Pacific Metals (TSXV:NUAG,OTCQX:NUPMF) and is now a newly listed public company that has completed a C$6.8 million financing.

Company Highlights

• Whitehorse Gold successfully spun out of New Pacific Metals and listed on the TSXV on November 25, 2020.
• Whitehorse Gold successfully completed a C$6.8 million non-brokered financing.
• The company wholly owns its Skukum gold project that contains three delineated high-grade gold deposits: Skukum Creek, Goddell and Mt. Skukum along with additional high-priority exploration targets. Historically, Mt. Skukum produced almost 80,000 oz of gold from 233,000 tons of ore mined over a two year period.
• All three main deposits benefit from significant infrastructure and excellent access, including all-weather roads, a fifty-person camp, extensive underground workings, a mill that previously operated at 300 tonnes per day, service buildings, and a tailings management facility.
• Whitehorse Gold has completed a National Instrument 43-101 independent resource estimate for its Skukum Creek, Mt. Skukum and Goddell deposits with total indicated resources of 1,331,000 tonnes containing 274,544 oz gold and 5,355,478 oz silver plus additional inferred resources of 1,111,000 tonnes containing 223,873 oz gold and 1,906,433 oz silver.