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White Gold Extends Historical Arc Deposit Strike Length by 250 Metres
TORONTO, ONTARIO--(Marketwired - Nov. 20, 2017) - White Gold Corp. (TSX VENTURE:WGO) (the "Company") is pleased to announce additional results from reverse circ
About this update from White Gold Corp.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - Nov. 20, 2017) - White Gold Corp. (TSX VENTURE:WGO) (the \"Company\") is pleased to announce additional results from reverse circulation (\"RC\") holes completed along trend with the historical Arc deposit (the \"Arc deposit\")(1) and the historical Golden Saddle deposit (the \"Golden Saddle deposit\" or \"Golden Saddle resource\")(1) located on the White Gold Property, Yukon. The results reported herein further define a significant extension of the Arc deposit 250m along strike and also extend the Golden Saddle Footwall Zone along strike and towards surface. Additional drill results are pending from the Golden Saddle and Arc deposits as well as the newly defined Golden Saddle East and Ulli's targets and will be released in due course. Detailed maps related to the drilling and additional information can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. (1) See information regarding historical resources/deposits below Highlights include: Strike length of gold mineralization at Arc deposit extended by 29% (250m) along trend to the west from previous limit of historic drilling. Golden Saddle Footwall Zone further defined along a 300m mineralized zone with mineralization also being further extended 50m along strike length. Golden Saddle RC drilling continued to validate historical drilling within the historical Golden Saddle resource area with WHTGS17RC-010 intersecting 10.67m of 10.09 g/t Au within a broader intercept of 28.96m of 3.99g/t Au from 59.44m depth and WHTGS17RC-013 intersecting 6.1m of 9.52 g/t Au within a broader intercept 13.12m of 7.47 g/t Au from 68.58m depth. Arc Exploration Update The Arc deposit occurs adjacent to the Golden Saddle deposit, approximately 400m to the south. Historic drilling on the Arc was limited and widely spaced (typically >100m between drill collars), but defined an east-west trending, north dipping zone of mineralization over 850m of strike and extending 400m down dip. Historic estimates of inferred mineral resources on the Arc include 170,470 ounces contained within 4.37Mt at a grade of 1.21 g/t Au(1). In addition to the continuation of the mineralization along trend, there appears to be strong potential for subparallel zones of mineralization below the historic resource area based on historic drilling and revised geologic interpretati...