White Gold Corp. · TSXV:WGO
White Gold — Investor Presentation (April 2022)
42 slides from White Gold's investor presentation, April 2022
Slide 1: Corporate Overview – April 2022
` Corporate Overview – April 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 ▪ Large, highly prospective land package consisting ▪ Defined high-grade gold deposits: of over 420,000 hectares ▪ Golden Saddle-Arc: 1,139,900 oz Au ▪ Favourable mining jurisdiction, site of the historic Ind. & 402,100 oz Au Inf
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: 2.5M | Options: 6.0M Full Analyst Coverage: Firm Recommendation Eight Capital Covering: BUY $3.20 Stifel Financial Covering: BUY $2.70 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 Claims: >21,000 Properties: 31 Area: >420,000 Hectares (>1,000,000 Acres) 40% Of The District Resource Gateway Road Extensive Exploration Pipeline VG Deposit 267K oz Au Inf. Ryan’s Surprise Discovery Early-Stage Properties Discovery-Stage 20.64
Slide 7: 2021 Exploration Program
2021 EXPLORATION PROGRAM ` Nolan Property Diamond drilling including targets on the White Gold & Bonanza Property Betty properties to test extents of mineralization RAB drilling on select targets on the White Gold & Bonanza properties VG Deposit Extensive regional exploration program including geolo
Slide 8: 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 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) Gold (g/t) Width (m) 2018 RC Hole 01 83.82 89.91 20.64 6.09 Principal Ridge Golden Saddle 2018 RC Hole 02 121.92 135.64 5.02 13.72 Deposit 2020 DDH 13 53.00 56.4 17.40 3.47 Minneapoli
Slide 10: Ryan's Surprise Structure
RYAN’S SURPRISE STRUCTURE ` White Gold Corp | Yukon, Canada 10 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 11: Ulli's Ridge Target
ULLI’S RIDGE TARGET ` Gold Width Hole ID From (m) To (m) (g/t) (m) 2021 RAB Hole 05 67.06 88.39 1.35 21.33 2021 RAB Hole 06 6.10 12.19 4.67 6.10 2021 DDH 04 64.50 84.00 6.94 19.50 2021 DDH 05 139.50 158.00 1.36 18.50 White Gold Corp | Yukon, Canada 11 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 12: Betty Property
BETTY PROPERTY ` Coffee Creek Betty Ford Target Fault 3.46 g/t Au over 50.0m Mascot Target Coffee Deposit Sugar Target Casino Deposit Dip Creek Fault White Gold Corp | Yukon, Canada 12 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 13: Betty Ford Target Drilling
BETTY FORD TARGET DRILLING ` Hole ID From (m) To (m) Gold (g/t) Width (m) 2018 RAB Hole 01 19.81 44.20 0.94 24.39 2018 RAB Hole 02 4.57 54.86 1.08 50.29 2021 DDH 01 19.00 67.00 1.17 48.00 Inc. 23.00 50.00 1.54 27.00 Inc. 24.00 34.00 2.38 10.00 2021 DDH 03 33.00 83.00 3.46 50.00 Inc. 44.00 74.00 4.47
Slide 14: Betty Ford Target Cross Section
BETTY FORD TARGET CROSS SECTION ` 3.46 g/t Au over 50.0m White Gold Corp | Yukon, Canada 14 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 15: Key Takeaways
KEY TAKEAWAYS ` ▪ District-scale (1+ million acres) prospective land package in the White Gold – Klondike districts of Yukon, Canada, representing over 40% of the mineral quartz claims in a tier 1 mining jurisidction ▪ Emerging gold camp with 20+ million ounces of historical placer gold production a
Slide 16: 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 16 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 17: Appendix Slides
` Appendix Slides TSX-V: WGO | OTCQX: WHGOF | FRA: 29W Leading Yukon’s Modern Gold Rush White Gold Corp | Yukon, Canada 17 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 18: Key Events Timeline
KEY EVENTS TIMELINE ` White Gold Corp | Yukon, Canada 18 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 19: Mineral Resources
MINERAL RESOURCES ` Indicated Resource Inferred Resource 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 Lone Star GS - Underground 143 4.53 20,800 326 4.33 45,300 Arc - Near Su
Slide 20: 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 21: 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 22: 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) Gold (g/t) Width (m) WHTRS21D019 177.15 182.05 1.57 4.90 370.00 385.00 1.88 15.00 WHTRS21D020 78.00 84.00 3.66 6.00 224.50 250.00 1.66 25.50 WHTRS21D021 68.50 75.00 1.84 6.50 220.95 227.00 3.35 6.05
Slide 23: Ulli's Ridge Target – 2021 Drilling
ULLI’S RIDGE TARGET – 2021 Drilling ` 2021 RAB Drilling Program 8 RAB Holes totalling 742m Hole ID From (m) To (m) Gold (g/t) Width (m) WHTULR21RAB004 65.53 70.10 0.47 4.57 WHTULR21RAB005 67.06 88.39 1.35 21.33 Inc. 71.63 85.34 1.93 13.71 Inc. 71.63 79.25 2.42 7.62 WHTULR21RAB006 6.10 12.19 4.67 6.1
Slide 24: Ulli's Ridge Target – 2021 Drilling
ULLI’S RIDGE TARGET – 2021 Drilling ` 2021 Diamond Drilling Program 7 DDH totalling 1,408m Gold Width Hole ID From (m) To (m) (g/t) (m) WHTULR21D001 9.00 14.13 2.04 5.13 WHTULR21D002 125.50 129.60 2.44 4.10 WHTULR21D003 53.86 58.35 1.91 4.49 WHTULR21D004 35.20 35.90 10.30 0.70 64.50 84.00 6.94 19.50
Slide 25: Mineralized Trend
MINERALIZED TREND ` Teacher’s Teacher’s Trend Trend White Gold Corp | Yukon, Canada 25 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 26: Mineralized Trend
MINERALIZED TREND ` White Gold Corp | Yukon, Canada 26 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 27: Mineralized Trend
MINERALIZED TREND ` White Gold Corp | Yukon, Canada 27 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 28: Betty Property
BETTY PROPERTY ` White Gold Corp. – 2018 RAB Drilling Highlights: Zone Hole ID From (m) To (m) Interval (m) Au 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 28.96 9.15 2
Slide 29: Ryan's Surprise Target – Historical Drilling
RYAN’S SURPRISE TARGET – HISTORICAL DRILLING ` KINROSS Hole ID From (m) To (m) Gold (g/t) Width (m) WGRS11D0003 WHTRYN18RC002 6.34 g/t Au over 6.56m 5.02 g/t Au over 13.72m WHTRYN18RC0001 83.82 89.91 20.64 6.09 WHTRYN18RC001 WHTRYN18RC0002 121.92 135.64 5.02 13.72 20.64 g/t Au over 6.09m WHTRS20D013
Slide 30: Ryan's Surprise Structural Interpretation
RYAN’S SURPRISE STRUCTURAL INTERPRETATION ` White Gold Corp | Yukon, Canada 30 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 31: 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: 14.5M oz Au & 7.6B lb Cu Meas. + Ind. 6.6 Moz Au & 3.3 Blb Cu Inf. White Gold Corp | Yukon, Canada 31 TS
Slide 32: Betty Property – 2021 Drilling
BETTY PROPERTY – 2021 DRILLING ` Betty Ford 2021 Highlights: From Interval Hole ID To (m) Au g/t (m) (m) BETFD21D001 6.00 7.00 1.00 9.03 19.00 67.00 48.00 1.17 Inc. 23.00 50.00 27.00 1.54 Inc. 24.00 34.00 10.00 2.38 BETFD21D003 15.90 22.00 6.10 1.14 33.00 83.00 50.00 3.46 Inc. 44.00 74.00 30.00 4.47
Slide 33: 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 34: Resource Gateway Road Project
RESOURCE GATEWAY ROAD PROJECT ` ▪ Joint funding project between the federal and territorial governments and industry designed to make necessary upgrades to existing road infrastructure and provide more reliable access into areas of high mineral potential ▪ Total contributions for the entire project
Slide 35: 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 36: 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 36 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 37: Seasonality
SEASONALITY ` White Gold Corp | Yukon, Canada 37 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 38: 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 38 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 39: Nolan Property – Cali Target
NOLAN PROPERTY – CALI TARGET ` Finlayson Metasediments Simpson Range Orthogneisses White Gold Corp | Yukon, Canada 39 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 40: Nolan Property – Mt. Hart
NOLAN PROPERTY – MT. HART ` White Gold Corp | Yukon, Canada 40 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 41: Bonanza Property
BONANZA PROPERTY ` Located along the famous Bonanza Creek where 6 million ounces of placer gold have been reported to be mined. White Gold Corp | Yukon, Canada 41 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W
Slide 42: Bonanza Property
BONANZA PROPERTY ` Au (ppb) DEM DIGHEM 56K White Gold Corp | Yukon, Canada 42 TSX-V: WGO | OTCQX: WHGOF | FRA: 29W