White Gold Corp. Appoints Industry Veteran Terry Brace, P.Geo. As Vice President, Exploration

TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce that Terry Brace, P. Geo. has joined the Company as Vice President of Exploration.

Terry brings over 25 years of diversified experience in the mineral exploration and mining industry, covering exploration, environmental management, project permitting, human resources management and community relations. Terry has held senior positions with major, mid-tier and junior companies including Teck Resources, Noranda, Pan American Silver, Cornerstone Resources and Thundermin Resources. During that time, Terry worked on and managed projects in several regions of Canada and in Latin America, with a focus on precious and base metals in a wide range of deposit types. From 2008 through 2013 he served as Vice President Exploration for Cornerstone Resources and most recently as Senior Exploration Geologist with Pan American Silver in Timmins, Ontario.

“I am extremely excited to join White Gold’s team,” said Mr. Brace. “The company has assembled a large prospective land package in the White Gold District, Yukon which offers tremendous potential for significant discoveries. The company’s systematic and innovative approach to exploration has proved very effective in generating new discoveries. The land package contains a strong pipeline of advanced, discovery and early-stage projects and the ongoing regional exploration program is expected to continue generating new targets in this emerging camp. Combined with the support of respected strategic industry partners, White Gold is well-positioned for strong future growth.”

“Terry is a highly respected industry veteran with an impressive track record of success. His extensive experience is ideally suited to further advance our discovery pipeline and leverage the opportunities of our extensive land package in the prolific White Gold District. Terry will make a strong addition to our team as we head into the 2020 season and look to build on the success of our previous seasons,” stated David D’Onofrio, Chief Executive Officer.

Mr. Brace holds a Master of Science degree and a Bachelor of Science degree in earth sciences (geology) from Memorial University of Newfoundland and a diploma in human resources management from McMaster University. Terry is a registered professional geoscientist (P.Geo.) in the provinces of Ontario and Newfoundland and Labrador.