NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED
NYSE: CLOSED
TSE: CLOSED
LSE: CLOSED
HKE: CLOSED
NSE: CLOSED
BM&F: CLOSED
ASX: CLOSED
FWB: CLOSED
MOEX: CLOSED
JSE: CLOSED
DIFX: CLOSED
SSE: CLOSED
NZSX: CLOSED
TSX: CLOSED
SGX: CLOSED

White Gold Corp - Advancing a District-Scale Opportunity in Yukon's Prolific White Gold District

  • White Gold Corp. is an exploration company with properties exclusively in the white gold district, the epicenter of the Klondike gold rush.
  • Largest mineral claim holder in the district with 30 properties covering over 350,000 hectares.
  • Offers a mix of advanced stage deposits and blue-sky greenfield exploration projects.
  • Supported by major mining companies Kinross and Agnico Eagle

White Gold Corp is a Canadian gold exploration company focused on exploring and developing its extensive land package covering over 350,000 hectares in the prolific White Gold District in Yukon, Canada. Led by renowned prospector Shawn Ryan, White Gold controls over 30 properties in the region, home to the famous Klondike Gold Rush that saw over 20 million ounces of placer gold production.

Key Resource Update at Flagship Project

White Gold recently announced a significant increase to the mineral resource estimate at its flagship White Gold project, which now stands at 2.1 million ounces of gold across four deposit zones. This near surface deposit contains high-grade open pitable material averaging 2 grams per tonne gold, making it a valuable asset in a top-tier mining jurisdiction like Yukon. With only a handful of multi-million ounce deposits owned by junior miners in Canada, this resource estimate is a key milestone for White Gold.

Exploring High Potential Early Stage Properties

In addition to its flagship deposit, White Gold is actively exploring over 25 early stage properties in its extensive portfolio, providing opportunities for new greenfield discoveries to complement its advanced assets. Recent work on the Pedlar and Hayes properties has defined large copper-gold porphyry targets in Yukon's prospective Dawson Range, home to several major projects including Casino, Coffee, and Carmacks. While early stage, this demonstrates the blue sky potential across White Gold's district-scale land package.

Opportunities for Investors

Supported by strategic partners Kinross Gold and Agnico Eagle Mines, White Gold offers investors an appealing opportunity to gain exposure to gold exploration in Canada's north. With a market capitalization per ounce under $30 CAD, the company is trading at a significant discount to peers based on its 2.1 million ounce resource. As the gold market strengthens, White Gold offers an attractive value proposition.

Conclusion

With its extensive property portfolio now largely drill-ready, White Gold is poised to deliver a steady news flow through its 2023 exploration program. Investors should watch for the upcoming release of planned drill targets and new discovery potential across its prospects. White Gold's combination of advanced and early stage assets provides investors leveraged exposure to new discoveries and resource growth. For those seeking leverage to the gold price and exciting exploration upside, White Gold merits consideration.

Analyst's Notes

Institutional-grade mining analysis available for free. Access all of our "Analyst's Notes" series below.
View more

Subscribe to Our Channel

Subscribing to our YouTube channel, you'll be the first to hear about our exclusive interviews, and stay up-to-date with the latest news and insights.
White Gold Corp.
Go to Company Profile
Recommended
Latest
No related articles

Stay Informed

Sign up for our FREE Monthly Newsletter, used by +45,000 investors