Business
White Gold Corp Announces Filing of NI 43-101 Technical Report for the White Gold Property in Yukon, Canada
TORONTO, April 20, 2018 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V:WGO) (OTC – Nasdaq Intl:WHGOF) (FRA:29W) (the "Company") is pleased to announce that, furthe
About this update from White Gold Corp.
[{"type":"text","content":" TORONTO, April 20, 2018 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V:WGO) (OTC – Nasdaq Intl:WHGOF) (FRA:29W) (the \"Company\") is pleased to announce that, further to its news release dated March 5, 2018, the Company has filed a National Instrument 43-101 (\"NI 43-101\") technical report outlining a mineral resource estimate for the White Gold property located in Yukon, Canada. Resource highlights Include: Indicated mineral resource of 961,000 gold ounces at 2.43 g/t gold and Inferred mineral resource of 282,500 gold ounces at 1.70 g/t gold in the Golden Saddle and Arc deposits. A consistent high-grade core on the Golden Saddle deposit contains 832,000 gold ounces at a grade of 2.96 g/t gold Indicated and 107,000 gold ounces at a grade of 3.18 g/t gold Inferred using a >1 g/t cut-off. Included in this high-grade core is 525,600 gold ounces at a grade of 4.68 g/t gold Indicated and 81,900 gold ounces at a grade of 4.74 g/t gold Inferred using a >3 g/t cut-off. Mineralization on the Golden Saddle and Arc deposits has been shown to extend beyond the limits of the current resource estimate, with geologic models conceptually estimating 7 to 10 million tonnes grading between 1 to 1.5 g/t gold. Mineralization on all zones is open along strike, down dip and down plunge with grades increasing at depth. Detailed images of the resource model and additional information regarding the resource can be found at Click Here. The NI 43-101 technical report entitled \"Independent Mineral Resource Estimate for the White Gold Project, Dawson Range, Yukon, Canada\" was prepared by Canadian-based Arseneau Consulting Services Inc. The technical report is available for review on SEDAR at www.sedar.com on the Company's profile and on the Company’s website at www.whitegoldcorp.ca. The company is in the process of finalizing the 2018 exploration plan which will focus on growing the existing mineral resource as well as targeting high-priority regional targets. Details of the 2018 exploration program will be provided in the coming weeks. About White Gold Corp.The Company owns a portfolio of 19,606 quartz claims across 30 properties covering over 390,000 hectares representing approximately 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 262,220 oun...