White Gold kicks off Cali maiden drilling

White Gold Corp. Aug. 15 announced the start of the maiden drill program for the Cali target on the company's Nolan property in Yukon, Canada.

Located approximately 77 kilometers (48 miles) west of Dawson City via the Top of the World Highway, connecting Dawson City to Alaska, Nolan is perched in the hills surrounding the Sixty Mile River.

Comprised of 2,219 claims across 43,778 hectares (108,177 acres), Nolan covers a large area measuring approximately 30 kilometers (19 miles) north-south by up to 22 kilometers (14 miles) east-west.

Nolan hosts several identified gold exploration targets, including Cali, Nine, Nine Southeast, Boucher, and the Mount Hart targets.

Once considered one of the best places for placer gold mining in all of Yukon, the Sixty-Mile River was discovered before the Klondike Gold Rush. With an estimated 1 million ounces of gold coming out of this area, Sixty-Mile has received minimal modern hard rock exploration.

"The maiden diamond drilling of the Cali target represents an exciting opportunity for White Gold," said Cam North, exploration manager for White Gold. "We have always been impressed with the scale of the Cali soil anomaly, the favourable geological setting, and the convenient road accessibility from Dawson City."

Representing one of White Gold's several compelling grassroots projects, the company believes Cali could become a significant contributor to its already impressive resource.

According to the most recent calculation, the company's White Gold property hosts 16 million metric tons of indicated resource averaging 2.23 grams per metric ton (1.2 million ounces) gold and 19 million metric tons of inferred resource averaging 1.54 g/t (942,000 oz) gold.

The Cali target is located in the northern part of the Nolan property and forms a large 2,000-meter-long by 250-meter-wide northeast-trending multi-element soil anomaly that includes maximum values of 515 parts per billion gold, 1,436 parts per million arsenic, 2,184 ppm copper, 1,225 ppm lead, and 2,670 ppm zinc.

The strongest base metal values appear to occur in sub-zones within the larger anomaly, which remains open along strike, particularly to the southwest.

The 2023 Cali drilling is expected to include three holes totaling roughly 900 meters to test approximately 1,000 meters of its 2,000-meter strike length.