A helicopter lowers cargo at White Gold’s namesake project in western Yukon. Credit: Blair McBride
A resource update for Yukon-focused White Gold’s (TSXV: WGO) namesake project positions it among the larger undeveloped open-pit gold resources in the territory.
The update raises indicated ounces by 44% to 35.1 million tonnes grading 1.53 grams gold per tonne for 1.73 million oz. over the previous update from last year, the company reported Thursday. Inferred resources grew by 13% to 32.3 million tonnes at 1.22 grams gold for 1.26 million ounces. The project is about 95 km south of Dawson City.
“The significant increase in gold resources at our flagship White Gold Project is another major milestone for the company,” White Gold CEO David D’Onofrio said in a release. “The updated resource also further highlights the strong growth potential of our near surface deposits which remain open in multiple…
