TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce an updated Mineral Resource Estimate (“MRE”) for its flagship White Gold project located approximately 95 km south of Dawson City in west-central Yukon, Canada. The updated mineral resource was initiated following recent new modelling for the Golden Saddle and Arc deposits, including optimization and reinterpretation of the gold bearing zones (Figure 2 & 3). The primary result of these efforts was greater continuity of the zones than previously captured in the model. The updated MRE shows a significant increase in total gold ounces, including a 44% increase (529,300 ounces) in indicated resources for a new total of 1,732,300 ounces of gold and a 13.4% increase (149,300 oz) in inferred resources for a new total of 1,265,900 ounces of gold(1). The gold resources at the White Gold Project are near surface, almost entirely captured within open pits, and
Related Questions
How will the 44% increase in indicated gold resources affect White Gold Corp.'s future cash flow forecasts and valuation?
What are the potential implications of the near‑surface, open‑pit nature of the resources for capital expenditure and project timelines?
How does this resource update compare to recent announcements from peer Canadian gold producers, and could it shift market sentiment toward the sector?