White Gold Corp. · TSXV:WGO
White Gold — Investor Presentation (September 2023)
43 slides from White Gold's investor presentation, September 2023
Slide 1: Corporate Overview – Sept 2023
` Corporate Overview – Sept 2023 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W Leading Yukon’s Modern Gold Rush White Gold Corp | Yukon, Canada 1 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 2: Important Notice
IMPORTANT NOTICE ` This presentation includes certain statements that constitute “forward-looking statements”, and “forward-looking information” within the meaning of applicable Canadian and United Sates securities laws (“forward-looking statements” and “forward-looking information” are collectively
Slide 3: The Opportunity
THE OPPORTUNITY ` District Scale Land Package Unique Value Proposition ▪ Largest land holder in the White Gold ▪ Defined high-grade gold deposits: District ▪ White Gold Project: Four deposits ▪ Tier 1 mining jurisidction totalling 1,152,900 oz Au Ind. & ▪ 20M+ oz placer gold and 25M+ oz 942,400 oz A
Slide 4: Capital Structure
CAPITAL STRUCTURE ` Eric Sprott, Strategic Institutions, 19.5% Public Float 45.9% 14.8% 19.8% Management & Insiders Shares Outstanding: 160.5M | Warrants: Nil | Options: 9.25M Full Analyst Coverage: Firm Recommendation Date Eight Capital BUY $3.20 October 14, 2020 Stifel Financial SPECULATIVE BUY $2
Slide 5: The Klondike Gold Rush (20Moz Placer)
THE KLONDIKE GOLD RUSH (20Moz Placer) ` Klondike Gold Rush (1896 – 1899) Dredge No. 4 (1913 – 1959) White Gold Corp. is exploring for source(s) of placer gold over 125 years after the Klondike Gold Rush White Gold Corp | Yukon, Canada 5 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 6: Property Portfolio
PROPERTY PORTFOLIO ` Largest Landholder in the District Dawson City Claims: >17,500 Properties: 30 Area: >350,000 Hectares (>865,000 Acres) 40% Of The District Lone Star & Stander Deposits 469K oz Au Ind. & 112K oz Au Inf. White Gold Project Extensive Exploration Pipeline 1.15M oz Au Ind. & 0.94M oz
Slide 7: Mineral Resources
MINERAL RESOURCES ` White Gold Project 2023 MRE (ASC April 15, 2023) Indicated Resource Inferred Resource Contained Contained Tonnage Grade Tonnage Grade Deposit Gold Gold (000's) (g/t) (000's) (g/t) (ounces) (ounces) GS - Open Pit 15,241 2.25 1,103,900 3,569 1.39 159,700 GS - Underground 224 3.86 2
Slide 8: White Gold Project – Deposits
WHITE GOLD PROJECT – DEPOSITS ` White Gold Corp | Yukon, Canada 8 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 9: White Gold Project – Deposits
WHITE GOLD PROJECT – DEPOSITS ` Ryan’s Surprise VG White Gold Corp | Yukon, Canada 9 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 10: 2023 Exploration Program
2023 EXPLORATION PROGRAM ` BETTY PROPERTY Diamond Drilling – Betty Ford (1165m) Extension drilling following up on 3.46 g/t Au over 50m in 2021 & 8.96 g/t Au over 18.29m in 2022 JP ROSS PROPERTY Diamond Drilling – Vertigo Target (1022m) New structural interpretation includes multiple untested minera
Slide 11: Betty Property
BETTY PROPERTY ` White Gold Corp | Yukon, Canada 11 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 12: Betty Property
BETTY PROPERTY ` White Gold Corp | Yukon, Canada 12 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 13: Betty Property Historical
BETTY PROPERTY HISTORICAL ` White Gold Corp. – 2018 RAB Drilling Highlights: Zone Hole ID From (m) To (m) Length* (m) Gold (g/t) Betty Ford BETFRDRAB18-001 19.81 44.20 24.39 0.94 incl. 27.43 36.58 9.15 1.72 Betty White Target Betty Ford BETFRDRAB18-002 4.57 54.86 50.29 1.08 Sunshine Creek incl. 19.8
Slide 14: Betty Ford Target
BETTY FORD TARGET ` Hole ID From (m) To (m) Length (m) Gold (g/t) BETFD21D001 19.00 67.00 48.00 1.17 Inc. 23.00 50.00 27.00 1.54 BETFD21D003 33.00 83.00 50.00 3.46 Inc. 44.00 74.00 30.00 4.47 Inc. 44.00 63.00 19.00 5.25 BETFD22D007 22.85 78.00 55.15 1.50 Inc. 44.00 49.00 5.00 4.29 Inc. 61.00 67.00 6
Slide 15: Betty Ford Target Cross Sections
BETTY FORD TARGET CROSS SECTIONS ` White Gold Corp | Yukon, Canada 15 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 16: Betty Ford Target 21D003 Core
BETTY FORD TARGET 21D003 CORE ` White Gold Corp | Yukon, Canada 16 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 17: JP Ross Property – Vertigo
JP ROSS PROPERTY – VERTIGO ` White Gold Corp | Yukon, Canada 17 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 18: JP Ross Property – Vertigo
JP ROSS PROPERTY – VERTIGO ` R New Structural Interpretation – M. Sanchez (Fault Rocks) White Gold Corp | Yukon, Canada 18 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 19: JP Ross Property – Vertigo
JP ROSS PROPERTY – VERTIGO ` White Gold Corp | Yukon, Canada 19 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 20: Nolan Property
NOLAN PROPERTY ` Placer Gold 1VD Magnetics Production Nine Cali Nine SE Boucher Mount Hart 0 5 10 15 km White Gold Corp | Yukon, Canada 20 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 21: Nolan Property – Cali Target
NOLAN PROPERTY – CALI TARGET ` White Gold Corp | Yukon, Canada 21 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 22: Hayes Property Soils
HAYES PROPERTY SOILS ` COFFEE PEDLAR HAYES CASINO White Gold Corp | Yukon, Canada 22 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 23: Pedlar Property Soils
PEDLAR PROPERTY SOILS ` White Gold Corp | Yukon, Canada 23 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 24: Contact Information
` TSX-V: WGO | OTC: WHGOF | FRA: 29W 82 Richmond St E, Toronto, Ontario M5C 1P1 ir@whitegoldcorp.ca (647) 930-1880 White Gold Corp | Yukon, Canada 24 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 25: Key Events Timeline
KEY EVENTS TIMELINE ` White Gold Corp | Yukon, Canada 25 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 26: Exploration Approach – Unique Terrain
EXPLORATION APPROACH – UNIQUE TERRAIN ` ▪ While the rest of Canada was almost entirely covered by glacial ice during the last ice age, portions of the Yukon were ice-free – Unglaciated including the White Gold District ▪ Large ice-free region extended from central and northern Yukon across Alaska, a
Slide 27: Tier 1 Jurisdiction
Tier 1 Jurisdiction ` Investment Attractiveness Index Best Practices Mineral Potential Index ▪ Annual survey conducted by Fraser Institute ranks Yukon, Canada as a top jurisdiction in the Investment Attractiveness Index and the Best Practices Mineral Potential Index ▪ Yukon has been consistently ran
Slide 28: Comparable Analysis
COMPARABLE ANALYSIS ` Market Capitalization / Resources (CDN$ / oz Au) 160 Date: May 17, 2023 3.5 CDN$ Market Cap/oz Au Au g/t 140 3 3.20 120 2.5 100 1.86 2 80 1.5 60 1.39 1 40 1.07 20 0.64 0.17 0.68 0.5 0.55 0.50 0.60 $140 $100 $81 $58 $52 $28 $28 $25 $17 $15 0 0 Underworld Kaminak Victoria Gold Os
Slide 29: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` White Gold Corp | Yukon, Canada 29 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 30: Betty Ford Target 22D007 Core
BETTY FORD TARGET 22D007 CORE ` White Gold Corp | Yukon, Canada 30 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 31: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` White Gold Corp | Yukon, Canada 31 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 32: Betty Mascot Overview
BETTY MASCOT OVERVIEW ` White Gold Corp | Yukon, Canada 32 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 33: Betty Mascot – Davis Zone 2022 Drilling
BETTY MASCOT – DAVIS ZONE 2022 DRILLING ` Hole ID From (m) To (m) Length* (m) Au (g/t) Ag (g/t) BETMAS22RC004 7.62 10.67 3.05 1.24 0.41 15.24 24.38 9.14 1.48 0.39 64.01 71.63 7.62 4.13 0.62 Incl. 70.10 71.63 1.52 12.90 1.64 BETMAS22RC005 6.10 33.53 27.43 1.14 0.48 Incl. 32.00 33.53 1.53 8.74 0.46 BE
Slide 34: Betty Mascot – Davis Zone Cross Section
BETTY MASCOT – DAVIS ZONE CROSS SECTION ` White Gold Corp | Yukon, Canada 34 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 35: Betty Mascot – Page Zone 2022 Drilling
BETTY MASCOT – PAGE ZONE 2022 DRILLING ` From Length Au Ag Pb Hole ID To (m) Zn (%) (m) (m) (g/t) (g/t) (%) BETMAS22RC003 19.81 27.43 7.62 0.43 23.77 0.75 0.21 BETMAS22D003 36.40 38.45 2.05 1.56 60.65 1.13 0.53 BETMAS22D004 48.95 52.20 3.25 1.44 145.48 1.49 0.86 Incl. 50.70 52.20 1.50 2.38 271.00 3.
Slide 36: Betty Mascot – Page Zone Cross Section
BETTY MASCOT – PAGE ZONE CROSS SECTION ` White Gold Corp | Yukon, Canada 36 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 37: Ryan's Surprise Target
RYAN’S SURPRISE TARGET ` Teacher Drilling Highlights – 2018 to 2022 Hole ID From (m) To (m) Length* (m) Gold (g/t) Yukon River WHTRYN18RC0001 83.82 89.92 6.10 20.64 WHTRYN18RC0002 121.92 135.64 13.17 5.02 Principal Ridge Golden Saddle WHTRS19D012 142.22 174.00 31.78 2.10 Deposit WHTRS20D013 53.00 56
Slide 38: 2022 Diamond Drilling – Ryan's Trend
2022 Diamond Drilling – Ryan’s Trend ` Approximately 2,700 m of diamond drilling completed to further test 3 target areas: 1) Infill drilling at Ryan’s Surprise to provide sufficient drill spacing to conduct a potential initial mineral resource estimate. 2) Gap area between the Ryan’s Surprise and U
Slide 39: Ryan's Surprise Target – 2022 Drilling
RYAN’S SURPRISE TARGET – 2022 DRILLING ` Hole ID Area From (m) To (m) Length* (m) Gold (g/t) WHTRS22D029 Ryan’s Infill 75.00 79.50 4.50 2.76 99.85 111.00 11.15 1.26 266.50 277.35 10.85 5.34 incl. 266.50 267.35 0.85 37.70 and 271.20 272.15 0.95 21.30 WHTRS22D030 Ryan’s Infill 157.05 162.00 4.95 1.02
Slide 40: Ryan's Surprise Target – 2022 Drilling
RYAN’S SURPRISE TARGET – 2022 DRILLING ` White Gold Corp | Yukon, Canada 40 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 41: Ulli's Ridge Target
ULLI’S RIDGE TARGET ` WHTULR21RAB005 Drilling Highlights (2021 & 2022) 1.35 g/t Au over 21.33m Hole ID From (m) To (m) Length* (m) Gold (g/t) WHTULR21D001 9.00 14.13 5.13 2.04 2.04 g/t Au over 5.13m WHTULR21D002 125.50 129.60 4.10 2.44 OPEN 2.44 g/t Au over 4.10m WHTULR21D003 53.86 58.35 4.49 1.91 W
Slide 42: Ryan's Trend 2022 RAB Drilling
RYAN’S TREND 2022 RAB DRILLING ` Hole ID From (m) To (m) Length* (m) Gold (g/t) TEACHER WHTTCS22RAB002 3.05 19.81 16.76 0.31 Inc. 16.76 18.29 1.52 1.00 WHTTCS22RAB003 1.52 7.62 6.10 3.40 Inc. 1.52 6.10 4.57 4.40 Inc. 3.05 4.57 1.52 6.89 WHTTCS22RAB004 24.38 28.96 4.57 3.30 Inc. 24.38 25.91 1.52 9.64
Slide 43: Nolan Property – Mt. Hart
NOLAN PROPERTY – MT. HART ` White Gold Corp | Yukon, Canada 43 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W