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Whitehorse Gold (TSXV:WHG) intersects gold in Yukon

Mining
TSXV:WHG
01 April 2022 11:45 (EDT)

Source: Whitehorse Gold.

Whitehorse Gold (WHG) has intersected gold at its Mt. Skukum Deposit in Yukon.

The Vancouver-based mineral exploration company is reporting assay results from the remaining 30 drill holes from the 2021 drill program at its wholly-owned Skukum Gold Project in southern Yukon.

The 30 drill holes were infill and step-out drill holes from the Skukum Creek, Mt. Skukum and Goddell deposits, which have further confirmed and expanded gold-silver mineralization on the project.

One highlight intersected a 7.7-metre interval grading 15.68 grams per tonne of gold in the Lake 1 Zone. The infill hole and mineralization occurs within a series of chalcedonic quartz-calcite veins and veinlets.

The company remains focused on its 170-square-kilometre flagship project located in southern Yukon, approximately 55 kilometres south-southwest of Whitehorse.

The Mt. Skukum Project hosts the advanced-stage Skukum Creek and Goddell deposits, and the formerly producing Mt. Skukum high-grade gold mine, all of which remain open for expansion, plus additional untested mineralized occurrences.

The company is also reviewing other opportunities in the region.

Whitehorse Gold is down 1.0 percent, trading at $0.50 at 10:32 a.m. ET.

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