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White Gold (TSXV:WGO) hits best gold grade to date

Mining, The Watchlist
TSXV:WGO
09 December 2022 13:00 (EDT)

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White Gold Corp. (WGO) has shared additional high-grade gold assay results from the Betty Ford target on its Betty Property in the Yukon.

The gold mineralized zone on the target was successfully extended by an additional 35 metres along the strike to the west, with the total strike length currently at 165 metres.

Specifically, hole BETFD22RC004 intersected high grades of gold near the surface, with the furthest value found at 45.75 metres. This hole was located over 100 metres from the high-grade hole found last year, with the zone remaining open along the strike.

David D’Onofrio, CEO of White Gold, sat down with Sabrina Cuthbert to discuss the results.

“These results represent the highest grades encountered on the Betty Ford target to date and have further extended the strike length.”

The company is excited by these assays as it believes them to positively support its fully funded $6 million exploration program on its extensive and underexplored 350,000-hectare land package in the emerging White Gold District.

Seven holes were drilled at the target for this year, covering roughly 1134 metres, and additional results from the 2022 exploration program will be announced by the company shortly.

White Gold Corp. (WGO) is up 17.74 per cent and is trading at $0.36 per share as of 12:29 p.m. EST.


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