An announcement from White Gold ( (TSE:WGO) ) is now available.
White Gold Corp. has announced promising results from its 2024 exploration diamond drilling programs at the Chris Creek target in the White Gold District, Yukon. The drilling revealed a broad near-surface gold-bearing structure with high-density quartz veining, indicating significant potential for expansion. This target, part of a larger mineralized trend, is located near the company’s flagship Golden Saddle deposit, suggesting a strategic opportunity to enhance its gold resource portfolio. The company’s management is optimistic about the target’s potential and plans further exploration to identify higher-grade gold mineralization, which could strengthen its position in the Canadian gold mining sector.
More about White Gold
White Gold Corp. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and advancing gold targets in the White Gold District of Yukon, Canada, with a significant emphasis on its flagship White Gold project, which boasts substantial indicated and inferred gold resources.
YTD Price Performance: -8.12%
Average Trading Volume: 38,463
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.93M
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