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White Gold Corp. V.WGO

Alternate Symbol(s):  WHGOF

White Gold Corp. is a Canadian gold exploration company. It owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,000 hectares 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 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces of gold in Inferred Resources. Its discovery-stage projects include Betty Property, Vertigo Target and Ulli’s Ridge. Its early-stage properties include QV Property-New Gold-In-Soil Anomaly, Pedlar Property - Bridget Target and Hayes Property - Isaac Target. The Betty property is located approximately 150 kilometers (km) south of Dawson City and 300 km northwest of Whitehorse in west-central Yukon. The Bridget target is in the northern part of the Pedlar property over 135 km south-southeast of Dawson City and 305 km northwest of Whitehorse in west-central Yukon.


TSXV:WGO - Post by User

Bullboard Posts
Comment by yukoninvestoron Apr 08, 2017 12:47am
115 Views
Post# 26095160

RE:RE:Had a quick look at the ground WGO has

RE:RE:Had a quick look at the ground WGO hasYou are certainly correct that many properties require a couple of different sets of eyes before the goodies are found. Not sure I agree that there was limited sampling programs on these properties. I suppose that statement requires a definition of "limited" to be agreed upon, but in my opinion and from what I remember most of these projects were well if not thoroughly covered by grid soil sampling completed by professional explorers, I think many if not most of the anomalies defined were trenched and from memory I think there were quite a few drill holes (rab, ddh rc) completed. Again, I don't think this means that the properties have no hope, I think it just means its going to get progressively tougher each time around.

For what its worth projects like Underworld/\White Gold and Kaminak/Coffee both went straight from discovery to ounces in the ground. I think this attests to both the quality of the exploration that has been conducted and my idea that it gets tougher if quality people have explored and dropped it.
Bullboard Posts