- White Gold (WGO) is outlining additional significant gold anomalies at its Betty Property
- The Betty Property is located in Yukon
- The news comes from the significant soil geochemistry results from 2020 soil sampling at its Betty property
- The work formed part of the company’s 2020 exploration program
- White Gold Corp is up 1.86 per cent, trading at C$0.65 at 1:24 pm ET
White Gold (WGO) is outlining additional significant gold anomalies at its Betty Property.
The news comes from the significant soil geochemistry results from 2020 soil sampling at its Betty property.
The Betty Property is located in Yukon, where the Toronto-based company owns a claim portfolio of over 420,000 hectares, representing over 40 per cent of the district.
The property is strategically located contiguous to and 15 kilometres northeast of Western Copper and Gold Corporation’s Casino deposit.
The Betty property consists of 860 claims totalling 17,127 hectares that cover the strike extension of the east-trending dextral strike-slip Coffee Creek Fault which exerts important structural controls on mineralization at the Coffee deposit. The property hosts multiple targets with potential for several mineral deposit types including orogenic gold and precious and base metal veins.
The work formed part of the company’s 2020 exploration program.
That program included ground magnetic surveys and 2,030 infill soil geochemistry samples in several areas which has further enhanced several anomalies on the property that will be further evaluated this coming season.
The company announced 2021 follow-up exploration will include the first-ever diamond drilling.
“We are very pleased with these additional results from our Betty property. These results in addition to the previous work performed, and the property’s close proximity to large gold and copper deposits are very encouraging. We are very excited to diamond drill test these targets this year and further demonstrate the expansiveness of gold mineralization in the White Gold District, and the effectiveness of our exploration methodologies” said White Gold CEO, David D’Onofrio.
White Gold Corp is up 1.86 per cent, trading at C$0.65 at 1:24 pm ET.
