White Gold Corp. Makes New High-Grade Gold Discovery Intersecting 72.81 g/t Au over 6.09m from 10.67m Depth, including 136.36 g/t Au over 3.05m from 12.19m Depth Within a Broader Mineralized Zone on Titan Target, Hen Property, Yukon
TORONTO, Nov. 26, 2019 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the first ever drill results on the Titan target, Hen property, Yukon. Rotary-Air-Blast (“RAB”) drilling followed up on high-grade prospecting and GT Probe results and intercepted 72.81 g/t Au over 6.09m from 10.67m depth, including 136.36 g/t Au over 3.05m at 12.19m depth within a 32m zone of mineralization, one of the strongest drill holes ever in the White Gold District, Yukon, Canada. The Titan is the most recent high-grade near surface gold discovery generated by the Company’s methodological data driven exploration strategy. The Titan is located on the road-accessible Hen property and consists of a 650m x 650m gold in soil anomaly with multiple other prospective targets that show similar geophysical characteristics to the mineralization encountered in these drill holes. The Company’s previous exploration results on the Titan include grab samples of 605 g/t Au, 497 g/t Au, and 113 g/t Au and soil samples of up to 113 g/t Au, being the highest soil value ever recorded within the Company’s White Gold District database of 400,000+ soil samples. White Gold Corp’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.Highlights Include:First ever drilling on the Titan intersected 72.81 g/t Au over 6.09m from 10.67m depth, including 136.36 g/t Au over 3.05m, within a 32m zone of mineralization and remains open in all directions.Previous Titan exploration results include grab samples of 605 g/t Au, 497 g/t Au, and 113 g/t Au with fine grained visible gold observed, and soil samples of up to 113 g/t Au, the highest ever in the Company’s 400,000+ soil sample database.