With a growing portfolio of critical mineral targets, company is poised to unlock new value alongside gold exploration efforts.

Deeply invested in its robust gold assets, White Gold Corp. has also recognized that the presence of copper, molybdenum, tungsten, and other critical minerals within its property presents a significant opportunity that demands action. To unlock the full value of its emerging critical mineral targets, the company is exploring the idea of spinning these assets out into a new portfolio that positions the company as a leader in the rapidly growing critical minerals sector.

"Our exploration efforts have also identified numerous critical mineral opportunities which we believe to be quite prospective based on their size, the work done to date, underlying geology and how they compare to other targets and deposits," said White Gold CEO David D'Onofrio.

Spanning approximately 315,000 hectares (778,382 acres) between 26 properties in Canada's Yukon, White Gold Corp.'s land package represents only 40% of the prospective White Gold District. This vast expanse includes the company's flagship White Gold project, located about 95 kilometers (59 miles) south of Dawson City.

In its time, the company has continued to outline new gold-rich discoveries, adding them to its growing list of prospective targets.

According to an updated resource calculation in mid-November, its four most-advanced deposits host 17.66 million metric tons of indicated resource averaging 2.12 g/t (1.2 million ounces) gold and 24.47 million metric tons of inferred resource averaging 1.42 g/t (1.12 million oz) gold.

Three of the deposits included in the resource – Golden Saddle, Arc, and Ryan's Surprise – are located on the original White Gold property. The fourth deposit – VG – is on the adjacent QV property that the company acquired in 2019.

Despite the significant resource already outlined, all four of these deposits remain open for further expansion, with White Gold identifying yet more targets for further exploration that, according to White Gold, host an estimated 10 to 12 million metric tons of additional resource with average grades of 1 to 2 g/t gold.

Altogether, these holdings place White Gold in a dominant position within one of the world's most prospective mineral districts, with significant untapped exploration potential across multiple high-priority targets.

Yet, throughout its years of gold exploration, the company has also identified several promising critical mineral targets. Often overlooked or relegated to byproducts in single-asset focused operations, these discoveries are now gaining renewed attention as the company explores their potential value.

"One of the strengths of the White Gold property portfolio is the significant critical mineral potential, which nicely compliments the existing gold ounces and gold exploration potential," said White Gold Chief Technical Advisor Shawn Ryan. "We have many very exciting targets, such as Bridget target on our Pedlar property, which remains one of the best (based on soils) untested copper-molybdenum porphyry targets in the district."

In addition to Bridget, the company has outlined six other targets that hold appreciable quantities of copper, molybdenum, tungsten, antimony, zinc, lead, and bismuth.

"Our technical team has continued to advance these critical mineral targets as part of our ongoing regional exploration program, and we are equally excited to explore them further and strategies to maximizer their value," added Ryan.

New critical targets

White Gold Corp.

Map of the White Gold District showing the company's holdings and the specific targets outlined for critical minerals.

Bridget target – Pedlar property

Located 28 kilometers (17 miles) northeast of the world-class copper-gold-molybdenum-silver Casino deposit, the Bridget target is a large copper-molybdenum porphyry anomaly covering approximately 3,000- by 3,500-meters, with significant geochemical anomalies, including molybdenum values up to 321.9 parts per million and copper up to 710.1 ppm.

The area also shows enriched tungsten, silver, and other critical metals. Recent induced polarization (IP) geophysical surveys identified chargeability anomalies under the molybdenum-copper anomaly, which remain untested.

Early 2025 exploration plans include an IP survey and maiden diamond drilling to target these high-priority anomalies.

Isaac target – Hayes property

Found 38 kilometers (24 miles) east of Casino as well, the Isaac target spans a 2,000- by 1,500-meter region with a bismuth-arsenic core surrounded by anomalous silver, lead, zinc, and copper. Geochemical results have shown silver up to 16.9 ppm, lead to 3,310 parts per billion, and zinc to 1,741 ppb, with copper and molybdenum anomalies near the core's margins.

Recent IP surveys identified chargeability anomalies coincident with fault structures, suggesting a potential porphyry core surrounded by epithermal mineralization. Despite its promising geochemical footprint, Isaac has never been drill tested, and early 2025 plans include follow-up IP surveying and potential drilling.

Mascot target – Betty property

Located 15 kilometers northeast of Casino, the Mascot target spans 4,000- by 4,000 meters, hosting a cluster of gold-in-soil anomalies along with significant silver, zinc, lead, bismuth, and antimony.

Interpreted as a structurally controlled, intrusion-related to epithermal-style system, the mineralization is associated with structures ranging from one to five meters in width.

Drilling in 2012 and 2022 identified gold mineralization in the Davis zone, including highlights of 1.48 g/t gold over 9.14 meters and 7.42 g/t gold over 1.6 meters. Although gold is the primary focus, potential for critical minerals exists, particularly along the property's untested northern and southern margins.

Aries and Taurus targets – Wolf property

Much further south-southwest, the Aries target is roughly 120 kilometers (75 miles) of Dawson City and spans 4,000- by 3,000-meters and is interpreted as a porphyry system with a core of copper and molybdenum anomalies, surrounded by a halo enriched in bismuth, arsenic, lead, and zinc.

Molybdenum values are noted to reach up to 51.4 ppm, while copper values peak at 923.9 ppm, with significant results up to 637.8 ppm. The target transitions to a gold-dominant system to the northeast.

While previous drilling focused on gold, the property remains largely untested for critical minerals, particularly copper and molybdenum, and shows strong potential for further exploration.

Likewise found on the Wolf property, the Taurus target is on the southwestern part and is defined by a 2,000-meter-long by 500-meter-wide gold-in-soil anomaly with values up to 358 ppb gold. The anomaly exhibits an arcuate (curved or crescent) shape and trends east-west before curving northeast-southwest.

Gold mineralization is concentrated in altered diorites, with geotechnical probe bedrock sampling returning up to 1.22 g/t gold.

In 2023, RAB drilling intersected up to 0.81 g/t gold over 15.24 meters, including a high-grade section of 6.55 g/t gold over 1.52 meters. The target remains highly prospective for further gold discoveries.

Mount Hart target – Nolan property

The Mount Hart target, located in the southern portion of the Nolan property, spans a large multi-element geochemical anomaly measuring 5,000 meters north-south and up to 3,500 meters east-west.

Gold values reach up to 1120 ppb, with notable silver, arsenic, antimony, bismuth, and lead anomalies, indicating the potential for porphyry-style mineralization. The presence of anomalous copper and molybdenum, coupled with porphyry-style hydrothermal alteration, suggests the possibility of buried copper-molybdenum-silver mineralization.

The target remains highly prospective and is located 50 kilometers (31 miles) west of Dawson City, near the Alaska border.

Guilder target – Loonie property

Finally, the Guilder target, found in the north-central part of the Loonie property, hosts a copper-gold soil anomaly that extends 3,500 meters northwest-southeast. The anomaly shows a distinct transition from a gold-dominant zone in the northwest to a copper-dominant zone in the southeast, near the Lucky Joe copper prospect.

Lead and zinc form a surrounding halo around the copper core, while prospecting uncovered malachite and chalcocite, with samples returning 1114.8 ppm copper and 6.1 g/t silver. Located 50 kilometers (31 miles) south of Dawson City, Guilder shows strong potential for copper and gold mineralization.

"White Gold Corp. is a gold-focused exploration company and has been very successful delineating significant gold resources at our flagship White Gold project, which is now one of the highest-grade open pit gold resources in Canada of such significant size owned by an exploration company," said D'Onofrio. "The company's deposits are also complimented by several new gold discoveries and prospective targets creating a very robust gold exploration pipeline in a highly prolific and underexplored area of the Yukon."

Even as a primary gold explorer, the company's meticulous and literally boots-on-the-ground-style exploration strategy has built an extensive database of over 280,000 soil samples, culminating in its list of significant, unevaluated targets.

"Yukon is widely viewed as one of the most geologically prospective and underexplored areas in Canada, so it came as no real surprise that our exploration produced such strong results in this regard as well," the White Gold CEO added. "We look forward to further assessing value-accretive exploration and corporate opportunities on these critical mineral projects alongside the continued advancement of our robust gold exploration pipeline to build additional value."

With a portfolio of high-potential critical minerals targets now clearly outlined, White Gold is well-positioned to advance these assets. Whether the company continues to explore and develop these projects in-house or spins them off into a separate entity, its diligent approach has set the stage for growth in the rapidly expanding critical minerals sector, complementing its gold exploration pipeline.