White Gold announces infill, extension soil sampling results on QV property

White Gold Corp. (WHGOF) announce that infill and extension soil sampling has refined and extended the newly discovered gold-in-soil anomaly on its QV property to 2.2 km along strike. The soil anomaly is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company’s flagship White Gold Project. The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category. These new results form part of the Company’s 2024 exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited (AEM) and Kinross Gold Corporation (KGC). “We are quite encouraged by these latest results from this newly discovered target. Our early-season soil sampling program has considerably extended the strike length of the target by over 1 km to 2.2 km and provided even greater continuity of high gold values. Furthermore, the size, tenor, geochemical and geomagnetic characteristics of this target are also similar to our flagship Golden Saddle and VG deposits and represents exciting expansion potential with a maiden diamond drill program set to commence in the coming weeks” stated David D’Onofrio, Chief Executive Officer. Highlights: 2024 soil survey consisted of 787 samples. The surface expression of the gold-in-soil anomaly strikes east-northeast, measures 350 m wide x 2.2 km long, and is open along strike to the west and east. Gold values range from less than 0.5 ppb Au to a maximum of 600 ppb Au, with 29 samples returning greater than 80 ppb Au in the range of 82.3 to 600 ppb Au. The gold anomaly is associated with anomalous tellurium and low arsenic in soils, which represents a geochemical signature similar to the VG and Golden Saddle deposits which both form part of the Company’s flagship White Gold Project. Magnetic and LiDAR data reveals that the newly identified soil anomaly is hosted within a similar structural environment as the VG and Golden Saddle deposits. 2D inversions of recently completed VLF-EM survey lines indicate the gold-in-soil anomaly is associated with a moderately north-dipping hanging wall – footwall contact zone. A maiden diamond drill program is currently being planned and expected to commence in the coming days.