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GT Probe confirms new JP Ross gold trends

North of 60 Mining News – July 12, 2019

White Gold Corp. July 10 said GT Probe sampling has confirmed gold mineralization trends previously identified at the Stage Fright, Sabotage, Topaz, and Vertigo targets on the company's JP Ross property in the Yukon.

Located about 60 kilometers (37 miles) southeast of Dawson City, the road-accessible JP Ross property is home to Vertigo, a high-grade gold discovery made last year.

The Vertigo discovery hole, JPRVERRAB18-001, cut 3.05 meters of 56.25 grams per metric ton gold from a depth of 3.05 meters, part of a 10.67-meter intercept averaging 17.34 g/t gold.

By the end of the 2018 season, White Gold Corp. had identified at least 12 mineralized structures over a 2,200- by 650-meter trend at Vertigo.

Last year's exploration also identified multiple other gold targets within 10 kilometers (six miles) of the Vertigo discovery and work completed early this year has confirmed several of them – Stage Fright, Sabotage, Topaz, and Vertigo – as near-surface high-grade trends.

"We are very excited by these newly discovered trends confirming additional near-surface high-grade gold mineralization on our JP Ross property in close proximity and with many similarities to our Vertigo discovery," said White Gold Corp. CEO David D'Onofrio. "The results also further validate the district-scale opportunity across our unique portfolio of assets and demonstrate the effectiveness of our systematic and data driven exploration methodologies."

Prospecting at Stage Fright, which is about 10 kilometers (six miles northwest of Vertigo), returned grades as high as 94.4 grams per metric ton gold.

Using a GT Probe, a track-mounted rig designed to efficiently collect a sample from the top of bedrock, crews collected samples along 12 lines completed at Stage Fright.

Of the samples collected, 11 contained greater than 1 g/t gold, including 5.61, 6.09, 9.11, 23.3, 80.6 and 94.4 g/t gold.

All these samples were associated with elevated silver, arsenic, bismuth and lead.

Sampling at Sabotage, which is 7.5 kilometers (4.5 miles) northwest of Vertigo and 2.5 kilometers (1.5 miles) southeast of Stage Fright, identified multiple zones of anomalous gold in soils over a 1,500- by 5,000-meter northeast trending area.

White Gold Corp. crews have identified an abundance alteration in the area, and prospecting samples have returned 1.15 g/t gold and 15.35 g/t gold. These samples were collected within an apparent corridor associated with GT Probe anomalies of 4.12 g/t gold and 4.65 g/t gold on separate lines.

Exploration at the road-accessible Topaz target, which lies immediately south of Vertigo, has identified a series of gold-in-soil anomalies over a 500- by 1,500-meter area.

GT Probe sampling across a 300-meter long northeast trending soil anomaly at Topaz returned assays as high as 2.04 g/t gold, and prospecting samples from this same area contained as much as 5.24 g/t gold.

Follow up work in this area and other soil anomalies in the Topaz area is ongoing.

White Gold Corp. also completed additional GT Probe sampling this year at Vertigo to evaluate potential western and southern extensions of the mineralized structures already identified there based on detailed soil sampling, prospecting and geophysical surveys. The GT Probe encountered multiple anomalous samples across several lines with values of up to 2.39 g/t gold.

Additional prospecting across the trend also returned significant results with surface samples of up to 17.95 g/t gold.

The company said this confirmation of additional mineralized structures at Vertigo, coupled with the continuity of these structures to other targets, demonstrate a district-scale system of high-grade gold mineralization at JP Ross.

Several other targets identified on the JP Ross property are also slated for future testing.

In the meantime, the company is carrying out a 17,000-meter core drill program on three of the company's most advanced properties in the White Gold District.

At 10,000 meters, the bulk of this drilling is targeting Vertigo. The balance is being carried out at two other advanced projects – White Gold (6,000 meters) and QV (1,000 meters).

The company is also carrying out systematic early staged exploration across its other properties that make up its extensive portfolio of properties in the White Gold District.

"The White Gold region of the Yukon escaped glaciation, unlike many regions globally, allowing us to utilize more efficient exploration techniques, including soil sampling and our proprietary GT Probe to sample the bedrock," said D'Onofrio. "With the success so far in our 2019 program, we continue to be increasingly optimistic that our propriety exploration methodologies will continue to produce more discoveries on our 1 million-plus-acre land package which represents over 40 percent of the prolific and under-explored White Gold District."

–SHANE LASLEY

 

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