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White Gold Corp. Launches Phase I of 2025 Exploration Program Commencing IP Geophysics Surveys on Multiple Highly Prospective Critical Mineral Targets
WinnebagoWinnebago(US:WGO) Globenewswireยท2025-07-28 13:58

Core Insights - White Gold Corp. has initiated its Critical Metals Exploration Program in the White Gold District, Yukon, Canada, expanding its focus beyond gold to include critical metals such as copper, molybdenum, tungsten, antimony, and bismuth [1][3] - The 2025 exploration program consists of two phases, with Phase I already underway and Phase II set to focus on high-priority gold projects and new gold occurrences [1][3] Company Overview - White Gold Corp. holds a portfolio of 15,362 quartz claims across 21 properties, covering approximately 300,000 hectares, which represents about 40% of the White Gold District [2][20] - The flagship White Gold Project contains an estimated 1,203,000 ounces of gold in the Indicated Resource category and 1,116,600 ounces in the Inferred Resource category, with potential for further resource expansion [2][20] Exploration Activities - Initial activities have begun on three critical mineral targets: the Bridget target on the Pedlar Property, the Guilder target on the Loonie Property, and the Mt. Hart target on the Nolan Property [4][5] - The Bridget target is characterized by significant geochemical anomalies, including molybdenum values over 250 ppm and copper values typically exceeding 100 ppm [5][6] - The Guilder target has identified a 3.0 by 0.5 km zone of anomalous copper results, while the Mt. Hart target shows a multi-element soil geochemical anomaly with enrichment in several metals [11][12] Regional Context - The Yukon is recognized as one of Canada's most prospective mining districts, with a rich history of mineral deposits, including the Casino copper-gold-molybdenum porphyry deposit [3][19] - The Dawson Range, where the company's properties are located, has attracted increased investment due to its high mineral potential, hosting various types of mineralization [19]