- White Gold Corp. (WGO) has extended gold mineralization during its 2022 drilling program on the Ryan’s Surprise target in the Yukon
- All holes drilled encountered gold mineralization, with the highest value being 5.34 grams of gold per tonne
- A 450-metre radius mineralized footprint has been defined on the target to date
- Results from drilling several other prospective targets on the trend are still pending
- White Gold Corp. (WGO) is down 15.46 per cent, trading at $0.41 per share as of 11:19 a.m. EST
White Gold Corp. (WGO) has extended gold mineralization during its 2022 drilling program on the Ryan’s Surprise target in the Yukon.
According to the company, all holes drilled encountered gold mineralization, with the highest value being 5.34 grams of gold per tonne. The mineralization represents a 50-metre extension of mineralization along strike to the southeast.
Drilling done on the target followed up on previously found areas which had high grades of gold. So far, a 450-metre radius mineralized footprint has been defined on the target and remains open in all directions.
David D’Onofrio, CEO of White Gold, commented,
“We believe that the Ryan’s Surprise target has the ability to meaningfully increase the size of our significant gold resources and look forward to conducting an initial resource estimate at this target which hosts high-grade and bulk tonnage mineralization.”
Results from drilling several other prospective targets on the trend are still pending.
Additional exploration on the property in 2022 included drilling at Ulli’s Ridge, the gap area between Ulli’s Ridge and Ryan’s Surprise, and a prospecting program on other targets along the trend. Results from this part of the program are still pending.
White Gold Corp. (WGO) is down 15.46 per cent, trading at $0.41 per share as of 11:19 a.m. EST.
