White Gold Corp. Announces Upcoming Conferences - Seite 2

The 2023 exploration program also consisted of diamond drilling and other exploration activities including RAB drilling, Induced Polarization – Resistivity Ground surveys, geological mapping and prospecting, soil geochemistry surveys, and ground magnetics and VLF-EM surveys to follow up on recent discoveries and generate new targets for future drilling. Key highlights of the 2023 exploration program released to date include the following, with additional results to be released in due course:

• Betty Ford exploration diamond drilling intersecting 3.38 g/t Au over 53m in BETFD23D013, 5.03 g/t Au over 25m within 2.96 g/t Au over 46.5m in BETFD23D014, and 5.04 g/t Au over 20.85m in BETFD23D015.
• The Betty Ford 2023 diamond drilling extended the interpreted width of the high-grade gold zone by at least 50%, increased the strike length to 175m and encountered the first occurrences of gold in the Sulphide Domain of the target. The target remains open in multiple directions.
• Vertigo exploration diamond drilling was designed to test a revised structural interpretation including identification of multiple prospective vein sets. Drilling intersected 1.4 g/t Au over 58.4m in JPRVER23D0052 including narrower high-grade subintervals of 9.10 g/t Au over 2.85 m and 6.68 g/t Au over 4.80 m, with multiple occurrences of visible gold within the zones. Newly collected borehole optical televiewer data supports the structural interpretation of multiple mineralized vein sets, with two separate orientations.
• Discovery of prospective 1 km long gold-in-soil anomaly 9 km northwest of the Company’s VG deposit with gold values range from < 0.5 ppb Au to a maximum of 496.7 ppb Au. The gold anomaly is associated with anomalous tellurium and low arsenic in soils, which represents a surface geochemical signature similar to the VG and Golden Saddle deposits. The newly identified east-west trending soil anomaly is open along strike to the east and west beyond the limits of current soil sampling, and infill and extension soil sampling, GT-probe bedrock sampling, and ground magnetics and VLF-EM geophysical surveys are recommended to further advance this new target to drill-ready status.

The Company is currently planning its fully funded 2024 exploration program, focusing on high priority targets with details to be announced in the coming weeks. The Company will also arrange a webinar to provide a more detailed overview of the 2023 exploration results and plans for 2024 at that time.