What have been the recent major developments at White Gold Corp?
2020 has been a very busy exploration season for us. Despite the ongoing pandemic, the Yukon Government has fortunately deemed mineral exploration an essential business. As a result, our team was able to put together a focused and high-impact exploration program for this year, which we were able to commence back in June. Our C$4M program includes 1,500m of diamond drilling at each of two of our most prospective targets: Ryan’s Surprise, which is strategically located 2 km west of our flagship Golden Saddle & Arc; and Titan, which is located on our Hen property and produced ultra-high-grade gold intercepts (72.81 g/t Au over 6.09m) during our drilling last year.
In addition, the Company also drilled over 20 rotary-air-blast (RAB) holes on our JP Ross property to test several brand new targets identified through our data-driven soil analysis approach. We also carried out a mechanical trenching program on our JP Ross property, which has provided valuable insights on the regional geological structures in the area. Lastly, we performed extensive regional exploration work on several early-stage properties such as the Betty and Bonanza, in preparation of future drill programs in the upcoming seasons.
Unfortunately, the pandemic has negatively impacted the labs and data/assay turnaround time has been significantly increased. This is similar for all our peers in Yukon and overall turnaround times have been doubled in comparison to prior years. However, we have finally started to receive the results of our 2020 exploration season and news flow should be very steady going into the end of 2020. In fact, just this past week, we announced Ryan’s Surprise diamond drilling results as well as the results from our JP Ross property mechanical trenching program. Further details and additional information can be found here.
Another notable event was the appointment of Terry Brace, P. Geo., as VP of Exploration earlier this year. With an impressive track record of success, Terry brings over 25 years of diversified experience in the mineral exploration and mining industry. His extensive experience is ideally suited to further advance our discovery pipeline and leverage the opportunities of our extensive land package in the prolific White Gold District.
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