White Gold drills 24.38 m of 23.44 g/t Au at JP Ross

Stockwatch Daily - - MINES & METALS - Mr. Rob Car­pen­ter re­ports

WHITE GOLD Corp. has re­leased ad­di­tional re­verse cir­cu­la­tion drill re­sults and trench­ing re­sults from the Ver­tigo tar­get on the JP Ross prop­erty, Yukon, C an ad a. These re­sults in­cluded a sig­nif­i­cant ex­ten­sion of the dis­cov­ery re­verse air blast (RAB) drill hole, which ex­tended the min­er­al­iza­tion at depth and en­coun­tered a deeper zone of high-grade gold. The trench­ing per­formed fur­ther de­fined the min­er­al­iza­tion at Ver­tigo and will al­low the pre­vi­ously iden­ti­fied gold zones to be ex­trap­o­lated to ad­di­tional drill tar­gets.

Maps to ac com­pany this news re­lease can be found at the com­pany’s web­site.

High­lights:

• JPRVERRC18-013 re­turned 18.59 grams per tonne gold and 188.8 grams per tonne sil­ver over 6.1 me­tres from 24.38 me­tres depth, in­clud­ing 59.5 grams per tonne gold and 439 grams per tonne sil­ver over 1.52 me­tres from 27.43 me­tres depth. The hole also en­coun­tered an ad­di­tional zone of min­er­al­iza­tion at 44.2 me­tres depth, re­turn­ing 6.82 grams per tonne gold over 4.57 me­tres, in­clud­ing 18.5 grams per tonne gold over 1.52 me­tres from 44.2 me­tres depth. Drilled as a con­tin­u­a­tion of pre­vi­ously an­nounced RAB hole JPRVERRAB18-0014, the over­all in­ter­cept is 22.47 grams per tonne gold over 30.46 me­tres from sur­face, with in­di­vid­ual sam­ples rang­ing from two grams per tonne to 60.4 grams per tonne gold as well as trace to 388 grams per tonne sil­ver.

• Three trenches were com­pleted, each en­coun­ter­ing sig­nif­i­cant min­er­al­iza­tion, in­clud­ing trench JPRVERTR18-002, which re­turned re­sults of 66.39 grams per tonne gold and 302 grams per tonne sil­ver over five me­tres, in­clud­ing 109.93 grams per tonne gold and 486.4 grams per tonne sil­ver over three me­tres.

• Trench­ing has iden­ti­fied a con­tin­u­ous body of high-grade min­er­al­iza­tion that has been traced over a strike length of 55 me­tres, which ex­tends to a min­i­mum of 30 me­tres depth, based on drill test­ing con­ducted. This struc­ture is one of at least 12 min­er­al­ized struc­tures iden­ti­fied on the Ver­tigo tar­get to date within a 1,500-me­tre-by-650-me­tre tar­get area.

• Ad­di­tional drilling, prospect­ing and soil sam­pling have also been con­ducted along the 14-kilo­me­tre struc­tural trend that hosts the Ver­tigo dis­cov­ery, with the goal of iden­ti­fy­ing sim­i­lar high-grade gold min­er­al­iza­tion. Re­sults for this ex­plo­ration work will be re­leased in due course. “Spec­tac­u­larly high-grade gold val­ues are con­sis­tently be­ing ob­tained from the Ver­tigo trend and these trench re­sults con­firm our model of strong struc­tural con­trol. We have suc­cess­fully de­fined the trend and dip of the gold-bear­ing zones only a few months after ini­tial dis­cov­ery. These re­sults pro­vide fur­ther un­der­stand­ing of the Ver­tigo and show that the min­er­al­iza­tion is more ex­ten­sive than pre­vi­ously un­der­stood,” com­mented Rob Car­pen­ter, a di­rec­tor of the com­pany. “The trench­ing has given us key in­sights into the di­rec­tion and ori­en­ta­tion of the high-grade min­er­al­iza­tion, which we have lev­er­aged to com­plete prospect­ing work out­side of the main tar­get area, and we look for­ward to pre­sent­ing these re­sults in due course. Our 2019 pro­gram will aim to ex­tend the ge­om­e­try of these shal­low gold zones, with our ul­ti­mate goal be­ing to il­lus­trate the con­ti­nu­ity of grade and trend. The scale and foot­print of the Ver­tigo zones and al­ter­ation haloes sug­gest the sys­tem may rep­re­sent the most ro­bust gold sys­tem dis­cov­ered to date in the White Gold district.”

(See WGO Ta­ble 1 on page 25)

We seek Safe Har­bor.

Mike Caswell con­densed this news re­lease ([email protected]­watch.com).

Sean Brom­ley, Robert Les­lie Car­pen­ter, David Michael D’Onofrio, Maru­fur Raza, Shawn Ryan

(WGO) Shares: 100,299,206

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