White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF,
FRA: 29W) (the "Company") is pleased to announce it will
be exhibiting with Shawn Ryan (Chief Technical Advisor) to provide
feature presentations at the upcoming Vancouver Resource Investment
Conference and AME Roundup conferences being held January 19 to 23,
2020 in Vancouver, Canada.
“2019 was a very successful year on all fronts
for White Gold in which we advanced our flagship projects, made
more new discoveries and continued to demonstrate the abundance of
high-grade, near surface gold across our expansive million-acre
land package in the prolific and underexplored White Gold District,
in Yukon, Canada. We are excited for the opportunity to provide a
corporate update, present our continued successes and our exciting
future plans to sophisticated institutional and high-net worth
investors at the prestigious VRIC and AME Roundup conferences,”
stated David D’Onofrio, Chief Executive Officer. “We will also have
on display drill core & rock samples from some of our recent
gold discoveries, including the Titan (72.81 g/t Au over 6.09m from
10.67m depth, within a broader zone of mineralization), the Vertigo
and others, and look forward to releasing the balance of results
from our exploration activity in due course.”
Vancouver Resource Investment
Conference Vancouver Convention Centre West, Vancouver,
Canada – January 19-20, 2020 Presentation: Monday, January 20 at
10:00-10:30AM at the Invest Yukon Pavilion Stage Exhibitor Booth
#313 on Sunday, January 19 to Monday, January 20 at Invest Yukon
PavilionEvent Agenda:
https://cambridgehouse.com/vancouver-resource-investment-conference/agenda
AME Roundup Vancouver
Convention Centre East, Vancouver, Canada – January 20-23, 2020
Coreshack Booth #917 on Monday, January 20 to Tuesday, January 21
in Exhibit Hall Event Agenda:
https://roundup.amebc.ca/program/schedule-at-a-glance/ Please reach
out to management at ir@whitegoldcorp.ca if you would like to book
a meeting at either of these conferences or for any other
inquiries.
For those unable to attend these conferences,
recent video updates can be found online at:
https://www.youtube.com/channel/UCTjCesi7VVwpTvpCscvXtzA
QA/QCThe analytical work for
the 2019 drilling program was performed by ALS Canada Ltd. an
internationally recognized analytical services provider, at its
North Vancouver, British Columbia laboratory. Sample
preparation was carried out at its Whitehorse, Yukon facility. All
RC chip and diamond core samples were prepared using procedure
PREP-31H (crush 90% less than 2mm, riffle split off 500g, pulverize
split to better than 85% passing 75 microns) and analyzed by method
Au-AA23 (30g fire assay with AAS finish) and ME-ICP41 (0.5g, aqua
regia digestion and ICP-AES analysis). Samples containing >10
g/t Au were reanalyzed using method Au-GRAV21 (30g Fire Assay with
gravimetric finish).
The reported work was completed using industry
standard procedures, including a quality assurance/quality control
(“QA/QC”) program consisting of the insertion of certified
standard, blanks and duplicates into the sample stream.
About White Gold Corp. The
Company owns a portfolio of 21,207 quartz claims across 33
properties covering over 422,730 hectares representing over 40% of
the Yukon’s White Gold District. The Company’s flagship White Gold
property has a mineral resource of 1,039,600 ounces Indicated at
2.26 g/t Au and 508,800 ounces Inferred at 1.48 g/t Au.
Mineralization on the Golden Saddle and Arc is also known to extend
beyond the limits of the current resource estimate(1). Regional
exploration work has also produced several other prospective
targets on the Company’s claim packages which border sizable gold
discoveries including the Coffee project owned by Newmont Goldcorp
Corporation with a M&I gold resource(2) of 3.4M oz and Western
Copper and Gold Corporation’s Casino project which has P&P gold
reserves(2) of 8.9M oz Au and 4.5B lb Cu. For more information
visit www.whitegoldcorp.ca.
- The NI 43-101 technical report entitled "Independent Mineral
Resource Estimate for the White Gold Project, Dawson Range, Yukon,
Canada" was prepared by Canadian-based Arseneau Consulting Services
Inc. The technical report is available for review on SEDAR at
www.sedar.com on the Company's profile and on the Company’s website
at www.whitegoldcorp.ca.
- Noted mineralization is as disclosed by the owner of each
property respectively and is not necessarily indicative of the
mineralization hosted on the Company’s property.
Qualified PersonJodie Gibson,
P.Geo., Technical Advisor, and Andrew Hamilton, P.Geo., Exploration
Manager, for the Company are each a “qualified person” as defined
under National Instrument 43-101 Standards of Disclosure for
Mineral Projects, and each has reviewed and approved the content of
this news release.
Cautionary Note Regarding Forward
Looking InformationThis news release contains
"forward-looking information" and "forward-looking statements"
(collectively, "forward-looking statements") within the meaning of
the applicable Canadian securities legislation. All statements,
other than statements of historical fact, are forward-looking
statements and are based on expectations, estimates and projections
as at the date of this news release. Any statement that involves
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or
performance (often but not always using phrases such as "expects",
or "does not expect", "is expected", "anticipates" or "does not
anticipate", "plans", “proposed”, "budget", "scheduled",
"forecasts", "estimates", "believes" or "intends" or variations of
such words and phrases or stating that certain actions, events or
results "may" or "could", "would", "might" or "will" be taken to
occur or be achieved) are not statements of historical fact and may
be forward-looking statements. In this news release,
forward-looking statements relate, among other things, the
Company’s objectives, goals and exploration activities conducted
and proposed to be conducted at the Company’s properties; future
growth potential of the Company, including whether any proposed
exploration programs at any of the Company’s properties will be
successful; exploration results; and future exploration plans and
costs and financing availability.
These forward-looking statements are based on
reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
differ materially as forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
materially differ from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors, among other things, include; expected
benefits to the Company relating to exploration conducted and
proposed to be conducted at the Company’s properties; failure to
identify any additional mineral resources or significant
mineralization; the preliminary nature of metallurgical test
results; uncertainties relating to the availability and costs of
financing needed in the future, including to fund any exploration
programs on the Company’s properties; business integration risks;
fluctuations in general macroeconomic conditions; fluctuations in
securities markets; fluctuations in spot and forward prices of
gold, silver, base metals or certain other commodities;
fluctuations in currency markets (such as the Canadian dollar to
United States dollar exchange rate); change in national and local
government, legislation, taxation, controls, regulations and
political or economic developments; risks and hazards associated
with the business of mineral exploration, development and mining
(including environmental hazards, industrial accidents, unusual or
unexpected formations pressures, cave-ins and flooding); inability
to obtain adequate insurance to cover risks and hazards; the
presence of laws and regulations that may impose restrictions on
mining and mineral exploration; employee relations; relationships
with and claims by local communities and indigenous populations;
availability of increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); the
unlikelihood that properties that are explored are ultimately
developed into producing mines; geological factors; actual results
of current and future exploration; changes in project parameters as
plans continue to be evaluated; soil sampling results being
preliminary in nature and are not conclusive evidence of the
likelihood of a mineral deposit; title to properties; and those
factors described in the most recently filed management’s
discussion and analysis of the Company. Although the
forward-looking statements contained in this news release are based
upon what management of the Company believes, or believed at the
time, to be reasonable assumptions, the Company cannot assure
shareholders that actual results will be consistent with such
forward-looking statements, as there may be other factors that
cause results not to be as anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on
forward-looking statements and information. There can be no
assurance that forward-looking information, or the material factors
or assumptions used to develop such forward-looking information,
will prove to be accurate. The Company does not undertake to
release publicly any revisions for updating any voluntary
forward-looking statements, except as required by applicable
securities law.
Neither the TSX Venture Exchange (the
“Exchange”) nor its Regulation Services Provider (as that term is
defined in the policies of the Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
Contact Information:David
D’OnofrioChief Executive OfficerWhite Gold Corp.(647)
930-1880ir@whitegoldcorp.ca
White Gold (TSXV:WGO)
Historical Stock Chart
From Nov 2024 to Dec 2024
White Gold (TSXV:WGO)
Historical Stock Chart
From Dec 2023 to Dec 2024