- White Gold Corp. (WGO) has begun a drill program at the Betty Ford and Mascot targets on its Betty property in Yukon
- Approximately 2,200 m of diamond drilling and 1,650 m of reverse circulation (RC) drilling is planned
- Planned drilling at the Mascot target, located approximately 5 km southeast of Betty Ford, represents maiden diamond drilling on this target
- Planned RC drilling will also test several additional targets elsewhere on the property including the Black Betty and Betty Grable targets
- White Gold is a Canadian gold exploration company that owns a portfolio of 17,584 quartz claims across 30 properties in Yukon’s White Gold District
- White Gold Corp. (WGO) opened trading at C$0.39
White Gold Corp. (WGO) has begun a drill program at the Betty Ford and Mascot targets on its Betty property in Yukon.
The Betty property is located approximately 15 km northeast of Western Copper and Gold Corporation’s Casino porphyry deposit and 40 km east of Newmont Corporation’s Coffee gold deposit.
This drill program is part of the company’s fully funded $6 million exploration program on its extensive and underexplored 350,000 hectare land package in the emerging White Gold District, Yukon.
David D’Onofrio, Chief Executive Officer, commented on the upcoming drill program.
“Our 2021 maiden diamond drill program on the Betty Ford target returned one of the best holes drilled in the district, intersecting 3.46 g/t gold over 50m from near surface. We are eager to follow up on this exciting discovery to further test the extents of the broad gold zone encountered. We are also excited to commence a maiden diamond drill program at the Mascot Target that hosts three large gold mineralized zones, which we believe may be indicative of the presence of a broader gold system. Our Betty property is located in close proximity to existing large gold and copper deposits along the same fault structure. We look forward to further advancing this prospective and underexplored property.”
2022 Betty drilling program highlights:
- Approximately 2,200 m of diamond drilling and 1,650 m of reverse circulation (RC) drilling is planned, focusing primarily on the Betty Ford and Mascot targets
- Drilling at the Betty Ford target will test the depth and strike extents of the gold mineralized zone identified in last season’s maiden diamond drilling program which included 3.46 g/t Au over 50 m in hole BETFD21D003 and 1.17 g/t Au over 48.0 m in BETFD21D001.
- Planned drilling at the Mascot target, located approximately 5 km southeast of Betty Ford, represents maiden diamond drilling on this target. Drilling is focusing on 3 known gold mineralized zones (Page, Boop and Davis), where historical RC drilling encountered significant gold and silver mineralization including 2.62 g/t Au & 107 g/t Ag over 41.1 m in hole BETR12-022 at Page, 29.75 g/t Au over 3.1 m in BETR12-012 and 2.19 g/t Au over 10.7 m including 6.05 g/t Au over 3.1m in BETR12-014 at Boop, and 1.48 g/t Au over 21.3 m in BETR12-007 at Davis. See Prospector Metals Corp. (formerly Ethos Gold Corp.) News Release dated June 26, 2012.
- Planned RC drilling will also test several additional targets elsewhere on the property including the Black Betty target located directly on the Coffee Creek Fault approximately 5 km west-northwest of Betty Ford and the Betty Grable target which may represent a strike extension of the Betty Ford 1.5 km to the west.
White Gold is a Canadian gold exploration company that owns a portfolio of 17,584 quartz claims across 30 properties covering approximately 350,000 hectares representing over 40 per cent of the Yukon’s emerging White Gold District. The company’s flagship White Gold property hosts the company’s Golden Saddle and Arc deposits which have a mineral resource of 1,139,900 ounces Indicated at 2.28 g/t Au and 402,100 ounces Inferred at 1.39 g/t Au.
White Gold Corp. (WGO) opened trading at C$0.39.
