White Gold Property
Historic 1 million oz high-grade resource with potential for near term expansion
White Gold Corp. - 100%
95 km South of Dawson City
Helicopter, airstrip & barge access with 100-person Thistle Creek camp
White Gold Corp. acquired the White Gold property on June 14, 2017. White Gold is located in the Tintina gold belt, approximately 95 km south of Dawson City, Yukon Territory, Canada.
GOLDEN SADDLE DEPOSIT:
Historic work on the Golden Saddle by Underworld Resource and Kinross Gold Corp. from 2008 - 2012 included 39,910m of diamond drilling and resulted in historic1 estimates of Measured and Indicated resources range from 840k to 1M ounces of gold grading between 2.7 and 3.19 grams per tonne, and Inferred resources range from 125k to 407k ounces of gold grading between 1.8 and 2.52 grams per tonne gold. The Golden Saddle consists of northeast trending, moderately north dipping, zone of structurally controlled gold mineralization associated disseminated to fracture controlled pyrite, quartz flooded breccias, and stockwork quartz veins with strong quartz-sericite-illite-ankerite alteration. The mineralized zone(s) come to surface and have been traced for approximately 500m along strike, to over 400m depth, and is open in all directions. The reports detailing the Golden Saddle deposit resource are outlined at the bottom of this page.
ARC ZONE DEPOSIT:
The Arc zone is located to the south and adjacent to the Golden Saddle deposit, containing an inferred resource of 170k ounces of gold based on historic1 estimates.
In addition to the Golden Saddle and Arc, numerous other target areas are known on the property that require evaluation and systematic follow up work, including drill testing.
1 - The resources at the White Gold property were reported in Underworld Resources' new release dated Jan. 19, 2010, and the National Instrument 43-101 report titled "White Gold Property Dawson Range Yukon, Canada" dated March 3, 2010, prepared by Lars Weiershauser, PGeo, Marek Nowak, PEng, and Wayne Barnett, PrSciNat, of SRK Consulting (Canada) Inc. Kinross purchased Underworld shortly after the initial resource was released in 2010 and explored the property from 2010 to 2012. In 2013, Kinross released the results of a resource estimate on the Golden Saddle zone which is reported in Kinross's 2016 mineral reserves and resource statement. Both Underworld's and Kinross's resource estimates are considered historical estimates, and the company is not treating them as current mineral resources. Although the company believes these sources to be generally reliable, such information is subject to interpretation, and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process, and other inherent limitations and uncertainties. In addition to the Golden Saddle and Arc zones, there are numerous other targets known on the property that warrant follow-up work (for more information, see Yukon assessment report Nos. 095338, 096206, and 096207).