White Gold Corp. (TSXV:WGO, OTC – Nasdaq Intl:WHGOF, FRA:29W) (the “Company”) is pleased to announce initial drill results from the Vertigo target on the JP Ross property, Yukon. The Rotary-Air-Blast (“RAB”) drilling followed up on high-grade GT Probe results on the property announced on August 14, 2018. Results received to date include the first 10 of 17 RAB holes, with the balance expected in the near future. A Reverse Circulation (“RC”) drill is currently on site to further test the Vertigo target. Maps further detailing hole locations and results can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.
Highlights Include:
- JPRVERRAB18-001 intersected 56.25 g/t Au over 3.05m from 3.05m depth, within a broader intercept of 17.34 g/t Au over 10.67m, which are amongst the highest grades ever encountered in the White Gold district.
- 75m to the west of JPRVERRAB18-001, JPRVERRAB18-011 intersected 45.00 g/t Au over 3.05m from 1.52m depth, within a broader intercept of 9.65 g/t Au over 15.24m.
- At least 10 individual mineralized zones (V1 to V10) have been recognised over a 350m x 1,000m area, with individual zones having been traced up to 400m along strike with all zones open along strike and at depth.
- The JP Ross property is road accessible from Dawson City and the Vertigo Target is within 2km of the existing road.
- 17 RAB holes have been completed on the Vertigo target and assay results for the remaining 7 RAB holes will be released in due course.
- An RC drill has been moved to the Vertigo target to further test the new discovery.
“We are very excited about the results from the Vertigo target confirming the discovery of multiple zones of high-grade, near-surface gold mineralization over 200m of strike length on the JP Ross property. These are very significant results for a first-round drill program and we are eagerly anticipating the additional results from the remaining holes on this new target,” stated Jodie Gibson, VP Exploration of the Company. “Our systematic approach to exploration has quickly advanced the Vertigo and we are looking forward to further exploring this exciting new discovery.”
Exploration Work on Vertigo Target
A total of 917.45m of RAB drilling over 17 holes was completed on the Vertigo target to follow up on previously announced GT Probe results from the area that yielded results ranging from trace to 29.1 g/t Au, including samples returning 6.5 g/t Au, 3.4 g/t Au and 3.3 g/t Au within 2m of surface on previously untested structures.
Several of the RAB holes failed to reach full depth due to difficult ground conditions adjacent to or within the mineralized zones. The RAB was therefore converted to an RC system to improve recoveries. To date 677.63m of RC has been completed over 8 holes and drilling is ongoing, with a focus on testing all the known zones of mineralization and follow up on areas of significant mineralization identified during the initial phase of RAB drilling.
Drill Results
Results for 10 of the initial 17 RAB holes from the Vertigo target have been received and are discussed below. Individual assays ranged from trace to 73.5 g/t Au and are associated with strongly elevated Ag, Pb, Bi, +/- As. All reported holes were drilled either due north (000o) or due south (180o) at dips ranging from -55o to -85o and cover a 200m strike extent along the western portion of the target area. A minimum of 3 of the known mineralized structures (V3 – V5) were tested by the reported drilling. The most significant results were obtained from holes JPRVERRAB18-001, 009, 010, & 011.
JPRVERRAB18-001
JPRVERRAB18-001 was drilled adjacent to historic trench JRVE10T0008(1) targeting a 5m section that averaged 4.28 g/t Au on the V4 zone. The hole was oriented to the south at a -60o dip, and intersected a 10.67m interval averaging 17.34 g/t Au from 3.05m depth; including a 3.05m interval averaging 56.25 g/t Au from 3.05m depth. The gold mineralization was also associated with 38.8 g/t Ag and 0.61% Pb over the upper 3.05m mineralized interval.
JPRVERRAB18-009 & 010
JPRVERRAB18-009 & 010 were drilled 115m to the E-SE and 135m to the NE of JPRVERRAB18-001 targeting the V3 and V5 structures respectively. JPRVERRAB18-009 was drilled to the north at a -60o dip and intersected 13.4 g/t Au over a 1.52m zone from 38.1m depth. JPRVERRAB18-010 was drilled to the south at a -65o dip and intersected 15.3 g/t Au over a 1.52m zone from 16.76m depth.
JPRVERRAB18-011
JPRVERRAB18-011 was drilled 75m to the west of JPRVERRAB18-001 along the western projection of the V3 zone. The hole was oriented to the south at a -65o dip and returned 15.24m of 9.65 g/t Au from 1.52m depth; including 3.05m of 45 g/t Au from 1.52m depth. The gold mineralization was also associated with 33.4 g/t Ag and 0.55% Pb over the upper 3.05m mineralized interval.
Interpretation of the results is ongoing, and there is not currently enough information to estimate true thickness of the mineralized zones.
Significant drill results from the Vertigo target are detailed in the table below.
| Hole ID | From(m) | To(m) | Interval(m) | Au(g/t) |
| JPRVERRAB18-001 | 3.05 | 13.72 | 10.67 | 17.34 |
| Including | 3.05 | 6.1 | 3.05 | 56.25 |
| JPRVERRAB18-003 | 32 | 35.03 | 3.05 | 3.11 |
| JPRVERRAB18-004 | 19.81 | 21.34 | 1.52 | 3.73 |
| JPRVERRAB18-005 | Assays In Progress | |||
| JPRVERRAB18-006 | 21.34 | 22.86 | 1.52 | 0.76 |
| JPRVERRAB18-007 | 12.19 | 13.72 | 1.52 | 2.37 |
| And | 44.2 | 45.72 | 1.52 | 1.85 |
| And | 82.3 | 83.82 | 1.52 | 4.83 |
| JPRVERRAB18-008 | 1.52 | 3.05 | 1.52 | 4.11 |
| And | 33.52 | 35.05 | 1.52 | 3.40 |
| JPRVERRAB18-009 | 38.1 | 39.62 | 1.52 | 13.40 |
| JPRVERRAB18-010 | 16.76 | 18.29 | 1.52 | 15.30 |
| And | 64.01 | 65.53 | 1.52 | 1.07 |
| JPRVERRAB18-011 | 1.52 | 16.76 | 15.24 | 9.65 |
| Including | 1.52 | 4.57 | 3.05 | 45.00 |
| JPRVERRAB18-012 | Assays In Progress | |||
| JPRVERRAB18-013 | Assays In Progress | |||
| JPRVERRAB18-014 | Assays In Progress | |||
| JPRVERRAB18-015 | Assays In Progress | |||
| JPRVERRAB18-016 | Assays In Progress | |||
| JPRVERRAB18-017 | Assays In Progress | |||
Vertigo Target, JP Ross Property
The Vertigo target is located on the Company’s JP Ross property, approximately 75km south of Dawson City, Yukon and 25km north of the Golden Saddle deposit. The JP Ross property is road accessible from Dawson City and the Vertigo Target is within 2km of an existing road.
Mineralization on the Vertigo consists of brecciation, quartz veining, and strong sericite alteration with disseminated to vein-controlled pyrite, arsenopyrite, galena, bismuthinite and locally visible gold. At least 10 individual zones (V1 to V10) are currently recognised over a 350m x 1000m area, with individual zones having been traced up to 400m along strike and all are currently open along strike and at depth. The mineralized zones are associated with a series of W-NW trending, steeply dipping structures and splays associated with a regional-scale …read more
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