White Gold 2019 drill results roll in

White Gold Corp. Aug. 8 reported that initial results from its 2019 drilling have identified at least six high-grade structures at Vertigo and encountered some of the best gold mineralization so far at the Golden Saddle deposit.

This first phase of the company's 2019 diamond drill program in Yukon's White Gold District was designed to test the geometry of the Vertigo target and previously underexplored portions of the Golden Saddle deposit and surrounding area.

So far, White Gold Corp. has received assay results from 11 holes drilled at Vertigo, a gold discovery at JP Ross, a road accessible property roughly 60 kilometers (37 miles) southeast of Dawson City, Yukon.

These holes have identified at least six gold bearing structures at Vertigo, all of which display strong continuity from surface to over 250 meters down-dip and remain open for expansion.

Hole JPRVER19D0005 cut four gold bearing zones, including 4.15 meters of 9.61 grams per metric ton gold from a depth of 20 meters.

JPRVER19D006 was drilled from the same pad and also cut four gold zones, including 1.22 meters of 6.89 g/t gold from 4.66 meters, 1.1 meters of 9.58 g/t gold from 24.92 meters and 1.75 meters of 20.15 g/t gold from 104.5 meters.

JPRVER19D0015, drilled roughly 140 meters southwest of hole D005, cut 5.34 meters of 11.64 g/t gold and 2.48 meters of 18.46 g/t gold from 92 meters.

"At the Vertigo we have confirmed the existence of multiple structures with high-grade gold mineralization that display strong continuity along strike and at depth. These results are very encouraging for an initial diamond drill program and validate our current interpretation for the Vertigo. We look forward to receiving additional results from the Vertigo drill program and from ongoing exploration work on additional targets across the JP Ross property," said White Gold Corp. Vice President of Exploration Jodie Gibson.

Drilling has also extended gold mineralization at Golden Saddle deposit on the company's White Gold property and infilled several strategic gaps in the resource model.

The Golden Saddle and Arc deposits now host 14.33 million metric tons of indicated resource averaging 2.26 grams per metric ton (1.04 million ounces) gold; and 10.7 million metric tons of indicated resource averaging 1.48 g/t (508,700 oz) gold.

Roughly 86 percent of this resource is within three northeast-trending zones that make up the Golden Saddle deposit – GS Main, GS Footwall and GS West.

Drilling so far this year has locally extended the GS Main zone 205 meters down-dip.

WHTGS19D0210, which targeted the down-dip extension of GS Main, cut 12.69 meters of 3.07 g/t gold from a depth of 242.12 meters. White Gold Corp. said this hole expanded the down-dip projection of GS Main 205 meters from the limits of historic drilling and beyond the limits of the resource.

In addition to extending GS Main deeper, drilling has also filled in a gap in the high-grade core of the deposit.

One such hole, WHTGS19D0198 cut 68 meters of 3.59 g/t gold starting at a depth of 73 meters and 10.56 meters of 2.31 g/t gold starting at 179 meters.

WHTGS19D0212, another GS Main infill hole, cut 27.5 meters of 4.85 g/t gold from 38 meters.

"The initial results at Golden Saddle are among the best holes drilled to date and significantly expand the high-grade mineralization within and beyond the current Golden Saddle resource boundary," said Gibson. "This is all alongside our regional exploration program, which continues to generate a strong pipeline of exciting new targets further demonstrating the district scale opportunity across our unique portfolio of assets."

This regional exploration includes soil sampling, prospecting, GT Probe sampling, trenching, and rotary air blast and reverse circulation drilling on multiple properties in the White Gold District.

White Gold Corp.'s C$13 million exploration program being carried out this year across the White Gold District enjoys financial and technical backing from Agnico Eagle Mines Ltd. and Kinross Gold Corp.

–SHANE LASLEY