![]() The Company also continues to work on its updated mineral resource estimate to incorporate the results from drilling at the Ryan's Surprise target into its flagship Golden Saddle, Arc & VG gold deposits and aims to release the update in the near term.The results on both targets and their proximity to other porphyry deposits validate their porphyry potential and warrants additional exploration, including induced polarization – resistivity surveys and initial diamond drilling to further evaluate their potential.Rock grab samples collected at the Hayes target included 730.6 – 1269.2 ppm Cu. It is geochemically zoned with a bismuth-arsenic-copper-molybdenum core and a silver-zinc-lead halo. The Hayes soil anomaly is a newly discovered target which measures 2 km E-W by 1.5 km N-S, and is interpreted to represent a copper-molybdenum porphyry target.Rock grab samples collected on the Pedlar property in 2022 included copper-gold-silver values up to 1425 ppm Cu, 0.421 g/t Au and 5.588 g/t Ag which were returned from a sample located approximately 3 km east of the main Bridget target suggesting the potential for further expansion of the already large footprint. It is geochemically zoned with a molybdenum-copper-bismuth core and a silver-zinc-lead-tungsten halo. The Bridget soil anomaly on the Pedlar property measures 3 km NW-SE by 3.5 km NE-SW and is interpreted to represent a copper-molybdenum porphyry target.Maps and photos accompanying this news release can be found at. White Gold's large land package and unique exploration methodologies, which have led to several significant high grade gold discoveries already, represents a truly unique district scale opportunity in a premier underexplored district in a tier 1 mining jurisdiction," stated David D'Onofrio, CEO of the Company. The recent investment in the Yukon, and in particular the White Gold District by numerous major mining companies further enhances our belief in the robust mineral potential. ![]() "The Yukon is an area with vast mineral potential that remains largely underexplored. The soil geochemistry anomalies at both targets have the earmarks of large porphyry systems, with apparent mineralization footprints in the order of several kilometres each, which in combination to their proximity to the Casino deposit, make them very compelling targets warranting further exploration work." The Hayes is a recently identified porphyry target and has seen only soil sampling and limited mapping and prospecting. The Bridget porphyry target on the Pedlar property has been known for decades but has seen minimal exploration and no diamond drilling. However, the Yukon is rich in various other metals which is also the case in our large land package. Terry Brace, VP Exploration stated, "Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources. These results form part of the Company's 2022 $6 million 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 and Kinross Gold Corporation. The Company is primarily targeting similar Casino-style porphyry mineralization on these early-stage projects. The Casino deposit has Measured & Indicated Resources of 7.6 Blbs copper & 14.8 Moz gold and Inferred Resources of 3.1 Blb copper & 6.3 Moz gold ( 4 ) and is contiguous to the Company's Betty property (see Figure 1). (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W ) (the "Company") is pleased to provide an exploration update on two large copper-molybdenum porphyry targets on its Pedlar and Hayes properties situated in the southern portion of its 350,000 hectare land package, and located approximately 25 km northeast and 30 km east of Western Copper and Gold Corporation's Casino copper-gold porphyry deposit respectively. Copper Prices Could See "Astronomical Rise" as Supply Concerns Increase.10 Largest Producers of Gold by Country.
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