2021 final results for Skukum project

Whitehorse Gold Corp. April 1 announced assay results from the final 30 drill holes of its 2021 program at its Skukum gold project in southern Yukon.

Situated about 55 kilometers (34 miles) south of Whitehorse, the Skukum project hosts 1.33 million metric tons of indicated resource containing 274,544 ounces of gold and 5.36 million oz of silver; plus 1.11 metric tons of inferred resource containing 223,873 oz of gold and 1.91 million oz of silver.

The bulk of this resource is in the Skukum Creek deposit, which hosts 1 million metric tons of indicated resource averaging 5.85 grams per metric ton (188,344 oz) gold and 166.4 g/t (5.36 million oz) silver; plus 537,000 metric tons of inferred resource averaging 4.99 g/t (86,124 oz) gold and 108.3 g/t (1.87 million oz) silver.

The 30 drill holes were infill and step-out holes from Skukum Creek, Mt. Skukum, and the Goddell deposits, which have further confirmed and expanded gold-silver mineralization on the project. With the latest results, Whitehorse is evaluating its exploration plans for 2022.

Highlights from the final 2021 results include:

• 7.7 meters averaging 15.68 g/t gold in hole MS21-003 in the Lake 1 zone, an infill hole with mineralization occurring within a series of chalcedonic quartz-calcite veins and veinlets.

• 14 meters averaging 6.05 g/t gold and 106 g/t silver in hole SC21-027, including two separate intervals of 2.13 meters averaging 12.85 g/t gold and 203 g/t silver, and 3.9 meters averaging 9.18 g/t gold and 183 g/t silver in the Rainbow zone. This is an infill and resource upgrade hole with gold-silver mineralization associated with a quartz vein breccia within a rhyolite dyke host emplaced in shear zone within granodiorites.

• 3.2 meters averaging 0.76 g/t gold and 581 g/t silver in hole RACA21-003 on the RACA zone, adjacent to and east of the Skukum Creek deposit. An additional deeper interval of 2.65 meters averaged 489 g/t silver and included a 0.3-meter interval of 3,740 g/t silver. This hole tested a new zone that encountered multiple narrow silver-rich quartz sulfide veins.

Whitehorse has yet to announce its plans for the upcoming 2022 exploration program at Skukum.