White Gold Corp. · TSXV:WGO
White Gold — Investor Presentation (December 2022)
34 slides from White Gold's investor presentation, December 2022
Slide 1: Corporate Overview – December 2022
` Corporate Overview – December 2022 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 ▪ Golden Saddle-Arc: 1,139,900 ▪ Tier 1 mining jurisidction oz Au Ind. & 402,100 oz Au Inf. ▪ 20M+ oz placer gold and 25M+ oz modern day gold di
Slide 4: Capital Structure
CAPITAL STRUCTURE ` Eric Sprott, Strategic Institutions, 19.7% Public Float 43.3% 15.8% 21.2% Management & Insiders Shares Outstanding: 149.5M | Warrants: 2.1M | Options: 5.8M Full Analyst Coverage: Firm Recommendation Eight Capital Covering: BUY $3.20 Stifel Financial Covering: BUY $2.45 Canaccord
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 gold and the source(s) of the Klondike Gold Rush over 126 years later 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. VG Deposit Extensive Exploration Pipeline 267K oz Au Inf. Golden Saddle & Arc
Slide 7: Mineral Resources
MINERAL RESOURCES ` Indicated Resource Inferred Resource Golden Saddle & Arc Deposits Contained Contained Tonnage Grade Tonnage Grade Deposit Gold Gold (000's) (g/t) (000's) (g/t) (ounces) (ounces) GS - Near Surface 14,815 2.31 1,098,300 3,454 1.43 159,100 GS - Underground 143 4.53 20,800 326 4.33 4
Slide 8: 2022 Exploration Program
2022 EXPLORATION PROGRAM ` Dawson City $6 Million Program Lone Star Nolan & Stander BETTY PROPERTY Toonie Diamond Drilling – Betty Ford and Mascot Targets (2200m) Loonie BHC RC Drilling – Betty Ford and Other Targets (1650m) QV-Yellow VG Deposit WHITE GOLD PROPERTY Diamond Drilling – Ryan’s Surprise
Slide 9: Ryan's Surprise Target
RYAN’S SURPRISE TARGET ` Teacher Ryan’s Surprise Drilling Summary – 2018 to 2021 Yukon River Hole ID From (m) To (m) Length (m) Gold (g/t) WHTRYN18RC0001 83.82 89.91 6.09 20.64 Principal Ridge Golden Saddle WHTRYN18RC0002 121.92 135.64 13.72 5.02 Deposit WHTRS20D013 53.00 56.4 3.47 17.40 Minneapolis
Slide 10: Ryan's Surprise Target – 2021 Drilling
RYAN’S SURPRISE TARGET – 2021 DRILLING ` 2021 Drilling Program (8 DDH 2,561m) Hole ID From (m) To (m) Length (m) Gold (g/t) WHTRS21D019 370.00 385.00 15.00 1.88 WHTRS21D020 78.00 84.00 6.00 3.66 224.50 250.00 25.50 1.66 1.66 g/t Au over 25.50m WHTRS21D021 68.50 75.00 6.50 1.84 0.48 g/t Au over 43.75
Slide 11: Ryan's Surprise Structure
RYAN’S SURPRISE STRUCTURE ` White Gold Corp | Yukon, Canada 11 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 12: Ulli's Ridge Target – 2021 Drilling
ULLI’S RIDGE TARGET – 2021 Drilling ` WHTULR21RAB005 2021 Drilling Program (7 DDH, 1,408m) 1.35 g/t Au over 21.33m 2.04 g/t Au over 5.13m Hole ID From (m) To (m) Length (m) Gold (g/t) 2.44 g/t Au over 4.10m WHTULR21D001 9.00 14.13 5.13 2.04 WHTULR21D002 125.50 129.60 4.10 2.44 WHTULR21D003 53.86 58.
Slide 13: Betty Property
BETTY PROPERTY ` Golden Saddle & Arc Deposits 1.14M oz Au Ind. & VG Deposit 0.4M oz Inf. 267K oz Au Inf. Betty Property Coffee Project: 2.14M oz Au Meas. + Ind. & 0.23M oz Au Inf. Casino Project: 14.8M oz Au & 7.6B lb Cu Meas. + Ind. 6.3 Moz Au & 3.1 Blb Cu Inf. White Gold Corp | Yukon, Canada 13 TS
Slide 14: Betty Property
BETTY PROPERTY ` White Gold Corp | Yukon, Canada 14 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 15: 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 Betty White Target incl. 27.43 36.58 9.15 1.72 Sunshine Creek Betty Ford BETFRDRAB18-002 4.57 54.86 50.29 1.08 incl. 19.81
Slide 16: 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 17: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` 3.46 g/t Au over 50.0m White Gold Corp | Yukon, Canada 17 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 18: Betty Ford Target 21D003 Core
BETTY FORD TARGET 21D003 CORE ` White Gold Corp | Yukon, Canada 18 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 19: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` White Gold Corp | Yukon, Canada 19 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 20: Betty Ford Target 22D007 Core
BETTY FORD TARGET 22D007 CORE ` White Gold Corp | Yukon, Canada 20 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 21: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` White Gold Corp | Yukon, Canada 21 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 22: Betty Mascot Overview
BETTY MASCOT OVERVIEW ` White Gold Corp | Yukon, Canada 22 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 23: Mascot – Davis Zone 2022 Drilling
BETTY MASCOT – DAVIS ZONE 2022 DRILLING ` Davis Zone – 2022 RC Drilling Highlights: 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
Slide 24: Mascot – Davis Zone Cross Section
BETTY MASCOT – DAVIS ZONE CROSS SECTION ` White Gold Corp | Yukon, Canada 24 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 25: Mascot – Page Zone 2022 Drilling
BETTY MASCOT – PAGE ZONE 2022 DRILLING ` Page Zone – 2022 RC Drilling Highlights: From Length Au Pb Hole ID To (m) Ag (g/t) Zn (%) (m) (m) (g/t) (%) BETMAS22RC003 19.81 27.43 7.62 0.43 23.77 0.75 0.21 Page Zone – 2022 Diamond Drilling Highlights: From Length Au Ag Pb Hole ID To (m) Zn (%) (m) (m) (g
Slide 26: Mascot – Page Zone Cross Section
BETTY MASCOT – PAGE ZONE CROSS SECTION ` White Gold Corp | Yukon, Canada 26 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 27: Contact
` 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 27 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 28: Key Events Timeline
KEY EVENTS TIMELINE ` White Gold Corp | Yukon, Canada 28 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 29: Golden Saddle & Arc Deposits
GOLDEN SADDLE & ARC DEPOSITS ` The Project: ▪ First discovery in the White Gold District ▪ Located 95 km south of Dawson City, Yukon ▪ Airstrip, barge access, and a fully operational exploration camp ▪ Mineralization known to extend beyond the limits of the current resource ▪ Excellent untested expl
Slide 30: VG Deposit
VG DEPOSIT ` ▪ Located approximately 11 km north of the Golden Saddle deposit, with similar geology and gold mineralogy ▪ 267,600 oz Au inferred ▪ VG deposit remains open along strike and downdip 2021 Mineral Resource Estimate Cut-off Tonnes Grade Contained Deposit Classification (g/t) (000's) (g/t)
Slide 31: 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 32: 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 33: Comparable Analysis
COMPARABLE ANALYSIS ` 800 Enterprise Value / Resources (US$ / oz Au) Source: Stifel GMP 689 700 Date: March 7, 2022 600 500 400 300 190 200 159 148 133 117 109 90 77 100 56 54 51 46 44 40 37 31 19 14 12 0 White Gold Corp | Yukon, Canada 33 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 34: Seasonality
SEASONALITY ` White Gold Corp | Yukon, Canada 34 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W