White Gold Corp. Discovers 1 km Long Gold-In-Soil Anomaly 9 km Northwest of Its VG Deposit, White Gold District, Yukon, Canada - Seite 2

PDAC 2024
The Company will be exhibiting at PDAC 2024 at the Investors Exchange, with full details below. Conference attendees are invited to visit the Company booth to learn more and ask any questions they may have. Management is also participating in the PDAC One on One Meeting Program. Interested parties are encouraged to book a meeting through the conference website.

Booth Number: 2312
Dates: March 3rd to 6th, 2024
Exhibition Hours: 10 a.m. to 5 p.m. ET
One on One Meetings: https://www.precioussummit.com/event/pdac-2024-one-on-one-meeting-program/

2023 Soil Sampling Program – QV Property

The 2023 soil survey comprised approximately 200 samples on two grids located east (East Grid) and west (West Grid) of Chris Creek (Figure 3). Soil samples were collected at 50 m sample spacings on 100 m-spaced survey lines. Gold values range from less than detection limit (< 0.5 ppb Au) to a maximum of 496.7 ppb Au. The new soil anomaly on the East Grid generally strikes east-west and appears to display a sinistral offset of approximately 250 m part way along its length. Ten (10) samples from the anomaly returned greater than 50 ppb Au in the range of 51.1 to 327 ppb Au. The anomaly also has associated anomalous tellurium. Arsenic in soil values is low, and overall, the signature of the anomaly appears to be similar to the VG deposit and the Golden Saddle deposit suggesting a similar style of mineralization. The strike length of the new soil anomaly is generally comparable to that of the VG deposit anomaly, which remains open along strike to the east and west.

The maximum gold value from the 2023 soil sampling of 496.7 ppb Au is located on the westernmost survey line on the West Grid. No sampling has been conducted west of this sample and the significance and strike extent of this anomaly is currently unknown.

Magnetic data reveal that the newly identified soil anomaly is situated near a mafic belt with a NNW-SSE orientation, similar to the structural context of the Ryan’s Surprise deposit located approximately 15 km to the SSE. This mafic belt is interpreted to be positioned in the hanging wall of a NNW-SSE-oriented, district-scale fault system, intersected by a significant NE-trending fault, comparable to the structural array at Ryan’s Surprise. The principal gold anomaly is localized at this fault intersection, associated with a semi-circular magnetic high approximately 1 km in diameter.