White Gold discovers new Chris Creek target

White Gold Corp. Sept. 26 announced the discovery of gold-bearing altered and mineralized intrusives over a 1,250-meter section of the newly identified Chris Creek target on its QV property, highlighting further exploration potential at its rapidly emerging White Gold District.Located roughly 95 kilometers (59 miles) south of Dawson City, White Gold’s namesake property is part of a roughly 350,000-hectare (864,869 acres) land package that covers approximately 40% of the White Gold District.According to the most recent resource calculation, the Golden Saddle, Arc, and Ryan’s Surprise deposits on the White Gold property and the VG deposit on the nearby QV property host a combined 16.11 million metric tons of indicated resource averaging 2.23 grams per metric ton (1.15 million ounces) gold; and 18.99 million metric tons of inferred resource averaging 1.54 g/t (942,400 oz) gold.Kicking off its exploration season in mid-June, White Gold aimed to evaluate multiple high-priority targets across its Betty and QV properties with diamond drilling, along with comprehensive surveying and soil sampling, including a recently identified gold-in-soil anomaly at QV that has led to the promising Chris Creek discovery.”These gold in rock sample results over such a long distance further support the Chris Creek target as an exciting new target on our QV property and another example on the effectiveness of our data-driven exploration protocol to be able to discover a target and quickly advance to maiden diamond drilling,” said White Gold CEO David D’Onofrio. “This large target in such close proximity to our flagship deposit remains open for expansion with the highest gold-in-soil values to date encountered right on the western edge.” As it uncovered the Chris Creek target, White Gold identified significant mineralization potential in the area, with surface rock sampling over a 1,250-meter stretch detecting gold alongside anomalous silver and tellurium in altered and mineralized intrusive rocks. The latest findings indicate that the gold-in-soil anomaly now extends 5.2 kilometers, showcasing the highest gold values to date and exhibiting geological characteristics similar to the VG and Golden Saddle deposits.Given this promising data, the company has initiated a diamond drilling program at Chris Creek to further assess the mineralization, and the target’s proximity to established resources suggests a strong potential for increased resource capacity in the region.”It also forms part of a larger 5.2-kilometre mineralized trend which hosts other interesting targets that have seen minimal exploration and no drilling to date,” added D’Onofrio. “We look forward to continuing to advance this underexplored and prospective area and to further demonstrate the expansiveness of gold mineralization within our district-scale land package in a tier 1 mining jurisdiction.”A total of 787 soil samples were collected from the Chris Creek target, revealing gold-in-soil values ranging from less than 0.5 ppb to a maximum of 600 ppb, while 14 rock samples along the 1,250-meter stretch all returned anomalous gold values, including highs of 1.06 and 1.09 g/t gold.In addition to the 1,200 meters of diamond drilling planned for the Chris Creek target, White Gold will continue its exploration program across its properties, which includes comprehensive soil sampling, geological mapping, and geophysical surveys to identify additional high-priority targets. These efforts are aimed at further evaluating mineralization potential and expanding the resource base within the expansive White Gold District.

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