Kinross leverages its White Gold project

Kinross Gold Corp. May 18 said it has cut a deal to trade its White Gold project and other properties in the Yukon to White Gold Corp. in exchange for a 19.9 percent stake in the junior gold explorer.

White Gold owns 23 properties covering 2,970 square kilometers (roughly 633,900 acres) of gold prospective lands in the Yukon, most of which were acquired from legendary prospector Shawn Ryan and Wil...