• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    White Gold Corp. Explores Creating New Critical Minerals Entity Portfolio to Include its Copper, Molybdenum, Tungsten, Antimony & Other Prospective Critical Mineral Targets

    11/28/24 9:15:31 AM ET
    $NEM
    $WRN
    Precious Metals
    Basic Materials
    Metal Mining
    Basic Materials
    Get the next $NEM alert in real time by email

    TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, (TSX.V: WGO, OTCQX:WHGOF, FRA: 29W), FRA: 29W) (the "Company") is pleased to provide an overview and strategy update on its critical minerals portfolio including copper, molybdenum, tungsten, antimony, zinc, bismuth and other critical mineral targets on its district scale land package in the White Gold District (the "District") located in west-central Yukon, Canada. The Company's ongoing gold exploration program has been very successful in delineating significant gold resources and discovering multiple additional prospective gold targets. Our systematic and extensive exploration in the District has also identified numerous critical mineral opportunities. The Company is currently evaluating accretive strategies to advance these projects to unlock further value for all stakeholders. Additional information and exploration results on priority critical mineral targets are outlined below.

    White Gold Corp's Yukon property portfolio includes 15,876 quartz claims across 26 properties covering 315,000 hectares (3,150 km2), representing approximately 40% of the District and hosts the Company's flagship White Gold Project which was recently updated to include 17.6 million tonnes averaging 2.12 g/t Au for 1,203,000 ounces of gold in the Indicated Resource category and 24.4 million tonnes averaging 1.42 g/t Au for 1,116,600 ounces of gold in the Inferred Resource category (1) and remains open for further expansion. Additional increases to the size of the resource may also be possible through an ongoing analysis of the resource block model and by capturing additional ounces hosted within the Target for Further Exploration area, which hosts an additional estimated 10 – 12 million tonnes grading between 1 – 2 g/t Au. 

    Shawn Ryan, Chief Technical Advisor & Director stated, "One of the strengths of the White Gold property portfolio is the significant critical mineral potential, which nicely compliments the existing gold ounces and gold exploration potential. We have many very exciting targets, such as Bridget target on our Pedlar property, which remains one of the best (based on soils) untested copper-molybdenum porphyry targets in the district. It sits just north of the enormous Casino copper-gold porphyry deposit and has never been diamond drilled. Our technical team has continued to advance these critical mineral targets as part of our ongoing regional exploration program, and we are equally excited to explore them further and strategies to maximizer their value".

    "White Gold Corp. is a gold-focused exploration company and has been very successful delineating significant gold resources at our flagship White Gold Project, which is now one of the highest-grade open pit gold resources in Canada of such significant size owned by an exploration company. The Company's deposits are also complimented by several new gold discoveries and prospective targets creating a very robust gold exploration pipeline in a highly prolific and underexplored area of the Yukon. Our exploration efforts have also identified numerous critical mineral opportunities which we believe to be quite prospective based on their size, the work done to date, underlying geology and how they compare to other targets and deposits. Yukon is widely viewed as one of the most geologically prospective and underexplored areas in Canada, so it came as no real surprise that our exploration produced such strong results in this regard as well. We look forward to further assessing value-accretive exploration and corporate opportunities on these critical mineral projects alongside the continued advancement of our robust gold exploration pipeline to build additional value," stated David D'Onofrio, CEO.

    Highlights

    • Exploration database on district-scale land package (Figure 1) including large soil geochemical database (280,000+ samples) includes several large-scale critical minerals anomalies (Cu, Mo, W, Sb, Zn, Bi) which have been unevaluated and largely undrilled.
    • Underlying geology is prospective for several critical minerals, including copper, molybdenum, tungsten, antimony and bismuth.
    • Existing critical mineral targets include but are not limited to the Bridget, Isaac, Mascot, Aries, Mount Hart, and Guilder targets
    • Several of the Company's critical mineral targets (Bridget, Isaac, Mascot) are located in the Dawson Range, an east-southeast trending mountain range which hosts several significant copper-gold porphyry deposits including the Casino deposit, the Minto Mine, and the Carmacks Project.
    • Middle to Late Cretaceous aged intrusions are prospective for porphyry deposits containing primary sources of copper, molybdenum ± tungsten.
    • Potential for antimony and bismuth as secondary metals also exists in several mineral deposit types on the properties including orogenic gold, intrusion-related gold, epithermal and porphyry (Bi) deposits.
    • The Company is evaluating accretive opportunities to unlock the potential value of its critical mineral projects.
    • Results from the Company's 2024 exploration program to be released in due course.

    The geology underlying the Company's land package is prospective for several critical minerals, including copper (Cu), molybdenum (Mo), tungsten (W), antimony (Sb) and bismuth (Bi) amongst others. Middle to Late Cretaceous aged intrusions are prospective for porphyry deposits containing primary sources of copper, molybdenum ± tungsten. The best example in the region is Western Copper and Gold Corporation's (TSX:WRN, NYSE:WRN) Casino copper-gold-molybdenum porphyry deposit, which contains Measured and Indicated Resources of 7.6 Billion lbs copper and 14.5 Moz gold and Inferred Resources of 3.3 Billion lbs copper and 6.6 Moz gold.

    Potential for antimony and bismuth as secondary metals also exists in several mineral deposit types including orogenic gold, intrusion-related gold, epithermal and porphyry deposits.

    The company also welcomes government support for the development of Yukon's critical minerals opportunity including the recent announcement by Natural Resources Canada ("NRCan"), conditionally approving $40 million in federal funding to undertake pre-feasibility activities to advance a high-voltage transmission line network connecting the Yukon electrical grid to the North American grid in British Columbia. This funding would be provided through the Critical Minerals Infrastructure Fund ("CMIF"). The announcement was made by the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, with the Honourable Josie Osborne, British Columbia's Minister of Energy, Mines and Low Carbon Innovation, and Yukon Premier the Honourable Ranj Pillai. This recent announcement along with other initiatives continue to demonstrate the importance of investments in critical minerals infrastructure to enable Canada to capitalize on the country's rich critical minerals and other resources.

    A summary of select critical minerals targets identified to date on the Company's claims is provided below. Maps and images accompanying this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. Additional information on the various projects will be provided in due course.

    Figure 1 - District MapFigure 1 - District Map

    Critical Minerals Target Overview

    Bridget Target, Pedlar Property

    The Bridget target (Figure 2) is a large 3 km NW-SE by 3.5 km NE-SW Copper-Molybdenum porphyry target geochemically zoned with a molybdenum-copper-bismuth core and a silver-zinc-lead-tungsten halo (see Company News Release dated March 27, 2024). It is situated in the north-central part of the Pedlar property 28 km northeast of the Casino deposit, and represents one of the most significant molybdenum anomalies in the region which has never been diamond drill tested. Based on the geochemical anomaly size, intensity, and geological and geophysical features, Bridget is considered by the Company as a high priority porphyry target.

    Geologically, the target is underlain by hornblende gneiss, biotite schists, and calc-silicate altered marble (skarn), intruded by quartz eye granite and aplite dikes. The soil geochemical footprint of the anomaly is characterized by Mo-in-soil values as high as 321.9 ppm Mo, including 278.9 ppm Mo, 265.4 ppm Mo, 263.5 ppm Mo, 257.2 ppm Mo, and 253.3 ppm Mo with over 400 additional samples returning values greater than 20 ppm Mo. Across the target, anomalous Cu-in-soil values exceeding 100 ppm Cu are common with the most significant enrichment occurring at the core with values as high as 710.1 ppm Cu, including 662.6 ppm Cu, 594.7 ppm Cu, 492.9 ppm Cu, 406 ppm Cu observed over a roughly 900 m x 900 m area. Other notably enriched critical minerals include tungsten (W), with the highest concentrations observed in the northern half of the target area, where soil sampling has yielded values up to 101 ppm W, with values exceeding 30 ppm W common. Other anomalous metals including Pb, Bi, As, Zn, and Ag are typically observed over two large northwest-southeast oriented fault systems which cut the target in the north and in the south. In 2023 a single deep-penetrating Induced Polarization – Resistivity survey line was completed over the Bridget target with five chargeability anomalies identified. The chargeability anomalies generally correspond with a zone of low resistivity which underlies a large molybdenum-copper soil anomaly. The newly identified chargeability anomalies are completely untested.

    The Company is currently planning its 2025 exploration programs and has prioritized the Bridget porphyry target for an early season Induced Polarization (IP) – Resistivity geophysical survey. Maiden diamond drilling will be planned to test the highest ranked anomalies.

    Figure 2 - Bridget Soil Geochemistry-minFigure 2 - Bridget Soil Geochemistry

    Isaac Target, Hayes Property

    The Isaac target (Figure 3) measures approximately 2 km E-W by 1.5 km N-S with a central bismuth-arsenic enriched core measuring from 750 m to 1,000 m which is surrounded by a > 400 m wide halo of anomalous silver, lead and zinc. Anomalous copper occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core's northern margin. The target is located in the central part of the Hayes property 38 km east of the Casino deposit and is a geochemically zoned multi-element soil anomaly associated with a mapped unit of Late Cretaceous Prospector Mountain suite intrusive rocks. (see Company News Release dated March 27, 2024). Anomalous copper-in-soils occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core's northern margin. Within the peripheral halo, silver-in-soil values range from 1 ppm Ag to as high as 16.9 ppm Ag, including 12.3 ppm Ag, 12.2 ppm Ag, 11 ppm Ag, 10.2 ppm Ag, 9.8 ppm Ag, while values > 3 ppm Ag are very common. Also, within this halo, lead-in-soil values occur as high as 3310.4 ppb Pb including 957.5 ppm Pb, 832.8 ppb Pb, 748 ppm Pb, 689.1 ppb Pb, with associated zinc-in-soil values as high as 1747 ppb Zn including 1360 ppm Zn, 1137 ppm Zn, 941 ppm Zn, 763 ppm Zn, 729 ppm Zn, and 713 ppm Zn.

    A limited 2022 prospecting and mapping program included the collection of 19 rock grab samples returning values as high as 1269.2 ppm Cu, 106.02 ppm Mo, 27.265 ppm Ag, 3100.1 ppm Zn, 2624.78 ppm Pb, 378.52 ppm Bi, and two samples returning over-limit values for Li (> 2000 ppm Li). The geochemical zonation seen in soils and supporting hyperspectral analysis of rock samples indicate that the anomaly may represent the surface expression of a copper-molybdenum porphyry core surrounded by distal or epithermal style silver-lead-zinc mineralization.

    In 2023 two deep-penetrating Induced Polarization – Resistivity survey lines were completed over the Isaac target with a total of eight chargeability anomalies identified. The bismuth soil anomaly appears to be controlled by faults interpreted from the IP resistivity data. The bismuth and copper core of the soil anomaly is underlain by multiple chargeability anomalies which sit above a resistivity low that is interpreted as a fault structure. Lead, zinc, and silver, which form a halo around the core, are coincident with fault structures on the south side and north side of the survey area which trend NE (065°) and NW (290°) respectively. Isaac is a recently recognized (2021) target and has never been drilled tested.

    Figure 3 - Isaac Soil Geochemistry-minFigure 3 - Isaac Soil Geochemistry

    Mascot Target, Betty Property

    The Mascot target (Figure 4) on the Betty property covers a large cluster of gold-in-soil geochemical anomalies which include significant anomalous silver-zinc-lead-bismuth-antimony values measuring 4 km E-W x 4 km N-S interpreted as intrusion-related to epithermal style mineralization, indicating a sizeable mineralized system that appears to be controlled by structures measuring between 1-5 m in downhole width.

    The Betty property is strategically located approximately 15 km northeast of the Casino deposit and 40 km east of Newmont Corporation's (NYSE:NEM, TSX:NGT) Coffee gold deposit (Measured and Indicated Resources of 2.1 Moz gold at 1.28 g/t Au and Inferred Resources of 0.2 Moz gold at 1.04 g/t Au). The property is transected by the east-west striking Coffee Creek Fault which exerts important structural controls on the Coffee deposit. The property hosts several gold-in-soil anomalies, including the Betty Ford, Betty White, White East, Black Betty, and Mascot targets. Geologically the northern half of the Betty property is underlain by a folded package of quartzite, biotite gneiss, augen gneiss, minor marble, and hornblende gneiss of the Snowcap assemblage along with granodiorite, monzogranite, quartz diorite, and diorite from the Simpson Range. The southern portion of the property is underlain by Middle Cretaceous granite, granodiorite, quartz diorite and diorite of the Dawson Range Batholith of the Whitehorse Plutonic Suite, which hosts the Mascot target. To date the focus of hard rock exploration on the property has been for gold, however potential for critical minerals also exists.

    In 2012, the previous operator Ethos Gold Corp. (now Prospector Metals Corp.) carried out an RC drilling program at Mascot, completing 61 holes totalling 7,132 m and in 2022 the Company carried out a limited RC and diamond drilling program following up on three of the known mineralized zones - Davis, Page and Boop (see Company news release dated November 28, 2022). Highlights of the 2022 diamond and RC drilling at the Davis zone included 1.48 g/t Au over 9.14 m in hole BETMAS22RC004, 1.14 g/t Au over 27.43 m in BETMAS22RC005, 7.42 g/t Au over 1.6 m in BETMASD007 and 2.02 g/t Au over 8.6 m and 1.25 g/t Au over 17.35 m in BETMAS22D008. At the Page zone, gold mineralization is associated with polymetallic (Au-Ag-Zn-Pb) veins and moderately clay altered, weakly oxidized northwest-striking structures with gouge hosted sulphides. Sulphide minerals comprise pyrite, sphalerite and galena. Previous drilling has been quite shallow to a vertical depth of only 125 m, and potential for more significant mineralization at depth exists. In addition to the Mascot, porphyry targets with critical minerals potential also exists to the north in the Isaac Creek area, and along the southern margin of the property along an intrusive contact. These areas remain completely untested.

    Figure 4 - Mascot Soil Geochemistry-minFigure 4 - Mascot Soil Geochemistry

    Aries Target, Wolf Property

    The Aries target (Figure 5) on Wolf property is an interpreted porphyry system that is characterized by a central zone of copper and molybdenum anomalies, surrounded by a large peripheral zone enriched in bismuth, arsenic, lead, and zinc. This forms a footprint measuring approximately 4 km in length (NE-SW) and 3 km in width (NW-SE). To the northeast, the Aries target transitions from a gold-dominant system into a potential porphyry system. This area's molybdenum-in-soil values reach as high as 51.4 ppm, with the bulk of the anomaly showing values above 5 ppm. Copper-in-soil values peak at 923.9 ppm, with notable results such as 637.8 ppm, 630.8 ppm, and 600.6 ppm Cu, located near areas enriched in arsenic and bismuth. Previous drilling on the property has been gold-focused and the property remains largely untested and highly prospective for several critical minerals including Mo and Cu.

    The Wolf property is located east of the White River, approximately 120 km south-southwest of Dawson City and 35 km west of the White Gold Project. Two main target areas have been identified on the property, the Aries and Taurus targets. The area is predominantly underlain by hornblende-biotite diorite intruded by medium-grained and megacrystic K-feldspar granites. These intrusions are associated with widespread biotite and potassic alteration, which are key indicators of potential porphyry mineralization.

    To the north and northeast, the property is underlain by Late Cretaceous Carmacks volcanic units, including andesite and basalt flows, and siliciclastic basal conglomerates. Cu-Mo enrichment appears to be localized along the contact between these volcanic units and the adjacent granites while gold mineralization is concentrated in the southwestern part of the property (Taurus target) in shreddy biotite and k-spar altered hornblende-biotite diorites.

    The Taurus target features a gold-in-soil anomaly that spans approximately 2 km long by 0.5 km wide, with maximum gold values reaching 358 ppb Au. The anomaly has an arcuate shape, trending east-west in the southwest and curving northeast-southwest to the east. GT Probe bedrock sampling returned gold values up to 1.22 g/t Au, with several samples exceeding 0.5 g/t Au. In 2023 RAB drilling of the target returned gold values of up to 0.81 g/t Au over 15.24m from 19.81m (hole WLFTRS23RAB002) including 6.55 g/t Au over 1.52m, along with 0.32 g/t Au over 30.47m) from 13.72m in hole WLFTRS23RAB002.

    Figure 5 - Aries Soil Geochemistry-minFigure 5 - Aries Soil Geochemistry

    Mount Hart Target, Nolan Property

    The Mount Hart target (Figure 6) is a large, multi-element soil geochemistry anomaly measuring 5 km N-S and up to 3.5 km E-W with values of up to 1120 ppb gold, 14.8 ppm silver, 1543 ppm arsenic, 81 ppm antimony, 42.2 ppm bismuth and 1677 ppm lead. Several areas are anomalous in gold only, while elsewhere there are strongly coincident Ag, As, Sb, Bi and Pb anomalies. Anomalous copper and molybdenum in the Mount Hart area, combined with observed porphyry-style hydrothermal alteration, indicate the potential for buried porphyry Cu-Mo-Au mineralization. The majority of anomalous soil samples are underlain by rocks of the Late Cretaceous Carmacks Group and coeval intrusions of the Late Cretaceous Prospector Mountain Suite which underly the west-central portion of the Mount Hart soil grid, suggesting a link to a Late Cretaceous mineralizing event.

    The Mount Hart target is located in the southern part of the Nolan property approximately 50 km west of Dawson City and 15 km east of the Alaska border.

    Figure 6 - Mount Hart Soil Geochemistry-minFigure 6 - Mount Hart Soil Geochemistry

    Guilder Target, Loonie Property

    The Guilder target (Figure 7) hosts a copper-gold soil anomaly that measures approximately 3.5 km long NW-SE with an arcuate shaped soil geochemical trend which extends to the SE towards the Lucky Joe copper prospect (not held by White Gold). The target is located in the north-central region of the Loonie property, approximately 50 km south of Dawson City. The soil geochemistry displays a copper-gold-lead-zinc metal zonation. The northwesternmost portion of the soil anomaly displays a gold primary anomaly, which gradually transitions to copper primary to the southeast towards Lucky Joe. Lead and zinc appear to form a halo surrounding the copper "core" of the target.

    Prospecting on the Guilder target has uncovered malachite and chalcocite, hosted by quartz-feldspar-biotite schist, near an outcrop of augen gneiss. Samples from this showing returned 1114.8 ppm Cu and 6.1 g/t Ag.

    Figure 7 - Guilder Soil Geochemistry-minFigure 7 - Guilder Soil Geochemistry

    QA/QC

    Analytical work for the 2023 RAB and diamond drill programs was performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory. Sample preparation was carried out at its Whitehorse, Yukon facility. Samples were prepared using the PRP70-250 package, where samples were weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns.  Samples were then analyzed in accordance with BV's FA430 and MA250 packages, for both gold analysis by fire assay (30g fire assay with AAS finish) and ultra-trace multi-element ICP analysis (0.25 g, 4 acid digestion and ICP-MS analysis).

    About White Gold Corp.

    The Company owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,000 hectares (3,150 km2) representing approximately 40% of the Yukon's emerging White Gold District. The Company's flagship White Gold project hosts four near-surface gold deposits which collectively contain an estimated 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces of gold in Inferred Resources(1). Regional exploration work has also produced several other new discoveries and prospective targets on the Company's claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Corporation with Measured and Indicated Resources of 2.1 Moz at 1.28 g/t gold and Inferred Resources of 0.2 Moz at 1.04 g/t gold(2), and Western Copper and Gold Corporation's Casino project which has Measured and Indicated Resources of 7.6 Blb copper and 14.5 Moz gold and Inferred Resources of 3.3 Blb copper and 6.6 Moz gold(3). For more information visit www.whitegoldcorp.ca.

    (1) See White Gold Corp. press release dated November 19, 2024, available on SEDAR+.

    (2) See Newmont Corporation Form 10-K: Annual report for the year ending December 31, 2023, in the Measured, Indicated, and Inferred Resources section, dated February 29, 2024, available on EDGAR. Reserves and resources disclosed in this Form 10-K have been prepared in accordance with the Regulation S-K 1300, and do not indicate NI43-101 compliance.

    (3) See Western Copper and Gold Corporation technical report titled "Casino project, Form 43-101F1 Technical Report Feasibility Study, Yukon Canada", Effective Date June 13, 2022, Issue Date August 8, 2022, NI 43-101 Compliant Technical Report prepared by Daniel Roth, PE, P.Eng., Mike Hester, F Aus IMM, John M. Marek, P.E., Laurie M. Tahija, MMSA-QP, Carl Schulze, P.Geo., Daniel Friedman, P.Eng., Scott Weston, P.Geo., available on SEDAR+.

    Qualified Person

    Terry Brace, P.Geo. and Vice President of Exploration for the Company is a "qualified person" as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

    Cautionary Note Regarding Forward Looking Information

    This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "proposed", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, the Company's objectives, goals and exploration activities conducted and proposed to be conducted at the Company's properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company's properties will be successful; exploration results; and future exploration plans and costs and financing availability.

    These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include:

    The expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; the receipt of all applicable regulatory approvals for the Offering; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company's properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; ongoing uncertainties relating to the COVID-19 pandemic; and those factors described under the heading "Risks Factors" in the Company's annual information form dated July 29, 2020 available on SEDAR+. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

    Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

    For Further Information, Please Contact:

    Contact Information:

    David D'Onofrio

    Chief Executive Officer

    White Gold Corp.

    (647) 930-1880

    [email protected]

    Request Meeting: https://calendly.com/meet-with-wgo/15min

    Figures accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/78b63931-4e6b-4ac2-8162-ace006f7848c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3706242c-174a-48f0-9259-9b137e387b57

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8ee95ef3-d181-4e71-8f6c-e02c49911741

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6ea3741f-223d-41d3-b18f-370582668d5f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4ba3d8af-b947-4556-98c8-25a9344f3450

    https://www.globenewswire.com/NewsRoom/AttachmentNg/caa62fac-6ded-468b-99fc-94e7c45a5d76

    https://www.globenewswire.com/NewsRoom/AttachmentNg/590f15f4-dbbd-498a-9f4c-d305d8630d2e



    Primary Logo

    Get the next $NEM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • What recent achievements and strategies has White Gold Corp. undertaken related to its mineral exploration?

      White Gold Corp. has been successful in discovering significant gold resources as well as identifying numerous critical mineral opportunities on their extensive land package in the Yukon. Their strategy focuses on advancing these projects to maximize value for stakeholders.

    • What are the confirmed gold resources at White Gold Corp's flagship project?

      The company's flagship White Gold Project contains considerable resources with 1.203 million ounces of indicated gold and 1.117 million ounces inferred, amidst ongoing exploration suggesting potential for further resource expansion.

    • Which specific critical mineral targets have been emphasized in White Gold Corp.'s recent updates?

      White Gold Corp's exploration efforts have highlighted targets such as Bridget, Isaac, and Mascot, which are considered high-priority areas for copper and molybdenum exploration.

    • What role is the government playing in supporting critical minerals development in Yukon as per White Gold Corp's announcement?

      Government support has been indicated through the recent approval of $40 million in federal funding to enhance critical mineral infrastructure development in the Yukon, demonstrating commitment to optimizing resources in the region.

    • What are White Gold Corp.'s upcoming exploration plans, especially regarding critical minerals?

      The company announced a strategic plan for 2025 exploration which includes prioritizing the Bridget porphyry target for an early season geophysical survey and subsequent diamond drilling to test prioritized anomalies.

    Recent Analyst Ratings for
    $NEM
    $WRN

    CompanyDatePrice TargetRatingAnalyst
    Newmont Corporation
    $NEM
    4/16/2025$63.00Outperform
    BMO Capital Markets
    Newmont Corporation
    $NEM
    4/11/2025Neutral → Buy
    UBS
    Western Copper and Gold Corporation
    $WRN
    1/23/2025Outperform
    BMO Capital Markets
    Newmont Corporation
    $NEM
    1/13/2025$47.20Buy
    Goldman
    Western Copper and Gold Corporation
    $WRN
    12/9/2024Speculative Buy
    Canaccord Genuity
    Newmont Corporation
    $NEM
    11/29/2024Underperform
    CLSA
    Newmont Corporation
    $NEM
    11/19/2024Neutral → Overweight
    Analyst
    Newmont Corporation
    $NEM
    10/30/2024$67.00 → $54.00Buy → Neutral
    UBS
    More analyst ratings

    $NEM
    $WRN
    SEC Filings

    See more
    • SEC Form 6-K filed by Western Copper and Gold Corporation

      6-K - Western Copper & Gold Corp (0001364125) (Filer)

      5/5/25 9:47:09 AM ET
      $WRN
      Metal Mining
      Basic Materials
    • SEC Form 6-K filed by Western Copper and Gold Corporation

      6-K - Western Copper & Gold Corp (0001364125) (Filer)

      5/5/25 7:05:21 AM ET
      $WRN
      Metal Mining
      Basic Materials
    • Newmont Corporation filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - NEWMONT Corp /DE/ (0001164727) (Filer)

      5/2/25 4:39:55 PM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Newmont Corporation

      SC 13G/A - NEWMONT Corp /DE/ (0001164727) (Subject)

      11/12/24 4:43:51 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • Amendment: SEC Form SC 13G/A filed by Western Copper and Gold Corporation

      SC 13G/A - Western Copper & Gold Corp (0001364125) (Subject)

      11/12/24 10:40:28 AM ET
      $WRN
      Metal Mining
      Basic Materials
    • Amendment: SEC Form SC 13G/A filed by Newmont Corporation

      SC 13G/A - NEWMONT Corp /DE/ (0001164727) (Subject)

      11/4/24 1:16:52 PM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Seaton David Thomas was granted 3,495 shares (SEC Form 4)

      4 - NEWMONT Corp /DE/ (0001164727) (Issuer)

      5/5/25 5:12:29 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • Director Quintana Julio M was granted 3,495 shares, increasing direct ownership by 8% to 45,152 units (SEC Form 4)

      4 - NEWMONT Corp /DE/ (0001164727) (Issuer)

      5/5/25 5:10:32 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • Director Nelson Jane was granted 3,495 shares, increasing direct ownership by 6% to 57,642 units (SEC Form 4)

      4 - NEWMONT Corp /DE/ (0001164727) (Issuer)

      5/5/25 5:08:13 PM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • BMO Capital Markets resumed coverage on Newmont Corporation with a new price target

      BMO Capital Markets resumed coverage of Newmont Corporation with a rating of Outperform and set a new price target of $63.00

      4/16/25 9:08:37 AM ET
      $NEM
      Precious Metals
      Basic Materials
    • Newmont Corporation upgraded by UBS

      UBS upgraded Newmont Corporation from Neutral to Buy

      4/11/25 8:15:26 AM ET
      $NEM
      Precious Metals
      Basic Materials
    • BMO Capital Markets initiated coverage on Western Copper

      BMO Capital Markets initiated coverage of Western Copper with a rating of Outperform

      1/23/25 8:47:35 AM ET
      $WRN
      Metal Mining
      Basic Materials

    $NEM
    $WRN
    Leadership Updates

    Live Leadership Updates

    See more
    • WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF LEADERSHIP TRANSITION

      VANCOUVER, BC, Jan. 2, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN) (NYSE:WRN) has completed its previously announced management succession process. Dr. Paul West-Sells' role as President of the Company concluded on December 31, 2024, and Mr. Sandeep Singh has assumed the role of President alongside his existing responsibilities as Chief Executive Officer. "I want to thank Paul for his many contributions towards advancing Casino into a globally significant project. We wish him the very best in his future endeavors." said Sandee

      1/2/25 4:30:00 PM ET
      $WRN
      Metal Mining
      Basic Materials
    • WESTERN COPPER AND GOLD APPOINTS RAYMOND THRELKELD AS CHAIRMAN

      WHITEHORSE, YT, Sept. 27, 2024 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN) (NYSE:WRN) is pleased to announce the appointment of Mr. Raymond Threlkeld as Chairman of the Board. Mr. Threlkeld, who joined the Board on June 27, 2024, succeeds Dr. Bill Williams, who served as Interim Chairman since February 22, 2024. Dr. Williams will continue to serve on the Board as a director. "I am pleased with the progress made during my tenure as Interim Chairman," said Bill Williams. "With Ray's extensive background in project development, construction, and executive management, I am confident he is the right person to lead the Board moving forward". "I am ex

      9/27/24 6:30:00 AM ET
      $WRN
      Metal Mining
      Basic Materials
    • Newmont Welcomes Industry Veteran Red Conger to Board of Directors

      Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced the appointment of Harry M. (Red) Conger to its Board of Directors, who will also serve on the Safety and Sustainability Committee. Red brings over 46 years of extensive mining and leadership experience to Newmont's Board of Directors, having recently retired from Teck Resources, where he served as President and Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627078254/en/Newmont Welcomes Industry Veteran Red Conger to Board of Directors (Photo: Business Wire) "We are pleased to welcome Red Conger to Newmont's Board of Direc

      6/28/24 8:00:00 AM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Newmont Announces a Decrease in its Holdings of Discovery Silver Corp.

      Early Warning Disclosure DENVER, May 9, 2025 /CNW/ - Newmont Corporation (NYSE:NEM) (TSX:NGT) (ASX: NEM) (PNGX: NEM) ("Newmont" or the "Company") announced today a decrease in its holdings of common shares ("Common Shares") in the capital of Discovery Silver Corp. ("Discovery"). On May 8, 2025 , Goldcorp Inc. ("G Inc."), a subsidiary of Newmont, sold 50,500,000 Common Shares for aggregate consideration of approximately CAD $124.07 million, or CAD $2.457 per Common Share. The disposition occurred through the facilities of the Toronto Stock Exchange. Immediately prior to the disposition, Newmont beneficially held 119,716,667 Common Shares, representing approximately 14.95% of the issued and o

      5/9/25 8:01:00 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • WESTERN COPPER AND GOLD CONTINUES BOARD RENEWAL PROCESS

      VANCOUVER, BC, May 5, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN) (NYSE:WRN) is pleased to announce further progress on its board renewal process. In connection with the upcoming Annual General Meeting ("AGM"), Dr. Bill Williams will retire from his last remaining board position, and Tara Christie will not stand for re-election in order to focus on her existing executive priorities. Western is pleased to announce the nomination of Pamela O'Hara for election to the board of directors at the Company's AGM on June 12, 2025. Ms. O

      5/5/25 8:00:00 AM ET
      $WRN
      Metal Mining
      Basic Materials
    • Newmont Promotes Natascha Viljoen to President and Chief Operating Officer

      Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) ("Newmont") today announced that Natascha Viljoen, Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer of the company. Ms. Viljoen will continue to report directly to Chief Executive Officer Tom Palmer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250502352607/en/Natascha Viljoen, President & COO of Newmont Corporation. "This promotion is a recognition of Natascha's strong leadership as Chief Operating Officer since 2023, her commitment to safe operational delivery and deep connections with people both insi

      5/2/25 4:36:00 PM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Financials

    Live finance-specific insights

    See more
    • Newmont Reports First Quarter 2025 Results

      Newmont Corporation (NYSE:NEM, ASX: NEM, TSX:NGT, PNGX: NEM)) (Newmont or the Company) today announced first quarter 2025 results and declared a dividend of $0.251 per share. "Following on from a robust fourth quarter performance, Newmont has delivered 1.5 million attributable gold ounces and generated a record first quarter free cash flow of $1.2 billion, demonstrating the strength of our unrivaled Tier 1 Portfolio," said Tom Palmer, Newmont's President and Chief Executive Officer. "We also successfully completed our non-core divestiture program, generating up to $4.3 billion in total gross proceeds including over $2.5 billion of after-tax cash proceeds in the first half of 2025. With the

      4/23/25 4:05:00 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • Newmont Announces First Quarter 2025 Earnings Conference Call

      Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) will release its first quarter 2025 results after North American markets close on Wednesday, April 23, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 7:30 a.m. Australian Eastern Standard Time on Thursday, April 24, 2025. A replay of the webcast will be available through the Company's website. Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 628388 Conference Name Newmont Replay Number 866.813.9403 Intl Replay Number 929.458.6194 Replay Access Code

      4/1/25 4:30:00 PM ET
      $NEM
      Precious Metals
      Basic Materials
    • Newmont Announces Fourth Quarter and Full Year 2024 Results Conference Call

      Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) will release its full year and fourth quarter 2024 results after North American markets close on Thursday, February 20, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Standard Time the same day, which is 9:30 a.m. Australian Eastern Daylight Time on Friday, February 21, 2025. A replay of the webcast will be available through the Company's website. Conference Call Details   Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 412792 Conference Name Newmont Replay Number 866.813.9403

      1/13/25 4:30:00 PM ET
      $NEM
      Precious Metals
      Basic Materials

    $NEM
    $WRN
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Conger Harry M. Iv bought $400,335 worth of shares (9,498 units at $42.15) (SEC Form 4)

      4 - NEWMONT Corp /DE/ (0001164727) (Issuer)

      12/2/24 5:11:53 PM ET
      $NEM
      Precious Metals
      Basic Materials