White Gold announces parital resuls from Betty Ford drilling

White Gold announces partial results from 2023 exploration diamond drilling at the Betty Ford target on the Betty property including 3.38 g/t Au over 53.0 m from 7.30 m depth in hole BETFD23D013, which included higher grade subintervals of 7.19 g/t Au over 6.30 m and 8.00 g/t Au over 4.35 m. Results of diamond drilling at the Vertigo target on the JP Ross property include 1.4 g/t Au over 58.4 m in hole JPRVER23D0052 from 40.95 m depth, and JPRVER23D0051 which intersected three zones of high-grade gold mineralization. Betty Ford and Vertigo are located approximately 65 km southeast and 30 km northeast respectively from the Company’s flagship White Gold Project in west-central Yukon, Canada, which 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. The Betty property lies along strike and approximately 40 km east-southeast of Newmont Corporation’s Coffee gold deposit with Indicated Resources of 2.14 Moz gold and Inferred Resources of 0.23 Moz gold. The Betty property is also contiguous to and 15 km northeast of Western Copper and Gold Corporation’s Casino porphyry project with Measured & Indicated Resources of 14.8 Moz gold & 7.6 Blbs copper and Inferred Resources of 6.3 Moz gold and 3.1 Blb copper. The JP Ross property is road accessible and located in a prolific placer camp with significant recorded placer gold production. These drill programs form part of the Company’s 2023 fully funded exploration program on its extensive and underexplored 350,000 hectare land package in the emerging White Gold District, Yukon, supported by strategic partners Agnico Eagle Mines and Kinross Gold. “We are pleased to encounter near surface high-grade gold mineralization over such a broad zone at Betty Ford which remains open for expansion. Furthermore, we have also encountered the first occurrence of gold within the deeper sulphide domain of the polylithic breccia unit while testing for possible feeder structures, which represents an important development in our understanding of Betty Ford and the potential to even further extend mineralization. The diamond drilling at Vertigo has improved our structural interpretation of the known mineralization controls at this high-grade gold target. These results continue to demonstrate the expansiveness of gold mineralization in our underexplored district scale exploration portfolio in a tier 1 mining district,” stated David D’Onofrio, Chief Executive Officer.