White Gold encounters gold in host rocks at Chris Creek target

White Gold (WHGOF) announced that surface rock sampling has encountered gold with associated anomalous silver and tellurium in altered and mineralized intrusive rocks over a 1.25 km section of the 2.2 km Chris Creek target, a recently discovered gold-in-soil anomaly on its QV property. The Chris Creek target is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company’s flagship White Gold Project. The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category. These new results form part of the Company’s 2024 exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited (AEM) and Kinross Gold Corporation (KGC). Highlights The surface expression of the Chris Creek gold-in-soil anomaly strikes east-northeast, measures 350 m wide x 2.2 km long, and is open along strike to the west and to the east and includes some of the highest gold in soil values encountered to date. The anomaly displays clear multi-element geochemical zonation, with gold, tellurium, and silver. Gold within favourably altered and mineralized intrusive rocks was encountered in multiple samples along the Chris Creek target. All surface rock samples returned anomalous gold including up to 1.06 and 1.09 g/t Au over a 1.25 km section of the gold-in-soil anomaly. Rock samples collected suggest strong continuity of the Chris Creek soil anomaly which appears to be underlain by a broad, gold bearing variably altered, brittle fractured, silica flooded monzogranite. The Chris Creek target forms part of a larger property-scale mineralized system on the QV property which measures 5.2km in strike, with multiple other prospective targets which have not been drill tested. A maiden diamond drilling program at the target has been executed, testing an approximately 400 m strike length of the target with results to be released in due course.