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White Gold Corp. Identifies Multiple New High-Priority Gold Targets on the JP Ross & White Gold Properties through Detailed Soil Exploration Program
TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce results from
About this update from White Gold Corp.
[{"type":"text","content":" TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the \"Company\") is pleased to announce results from its 2019 soil sampling program on its White Gold & JP Ross Properties which identified multiple new high priority gold targets. The goal of the program was to complete detailed soil sampling on areas where preliminary soil sampling had returned promising results in order to identify drill targets by better defining the geometry of mineralized structures. Results on the JP Ross property targets include up to 2,964 ppb Au on Frenzy, 2,905 ppb Au on Sabotage, 2,279 ppb Au on Rebecca, with White Gold property targets including samples up to 1,590 ppb Au on Minneapolis, 1,585 ppb Au on Ulli’s and 1,162 ppb Au on McKinnon, among multiple others. These soil samples are interpreted as being in-place and representative of the bedrock below due to the unglaciated nature of the area, indicating high priority targets for upcoming follow up activity including probe, trenching and RAB/RC drilling. These soil samples are part of the Company’s fully funded $13M exploration program, backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) which includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe sampling, trenching and RAB/RC drilling on multiple properties across the Company’s expansive land package located in the prolific White Gold District in Yukon, Canada. Highlights Include: 17,100 soil samples completed adding to a very significant historical database now totaling over 400,000 soil samples in the White Gold District. The grade, continuity, size and similarities with previous discoveries of these results further highlight the potential for additional discoveries on the White Gold and JP Ross properties. Follow up work on these new targets is in progress and includes prospecting, GT Probe sampling and RAB drilling. JP Ross Property: -- 12,540 soil samples completed across 10 targets. -- 7 samples >1,000 ppb Au, 31 samples >500 ppb Au, 299 samples >100 ppb Au. -- Results include up to 2,964 ppb Au on Frenzy target, 2,905 ...