Connect with us

Hi, what are you looking for?

Your Retire Invest

Investing

Discover Glittering Gold: White Gold Corp Intersects Rich Mineralization in the White Gold District, Yukon, Canada

White Gold Corp. has intersected a broad zone of near-surface gold mineralization at its Betty Ford target, located near Watson Lake in Yukon, Canada. The mineralization contains 3.38 g/t Au over 53 metres, and was noted during core drilling conducted as part of White Gold’s 2020 exploration program.

The Betty Ford discovery has been interpreted as an oxide gold system, with core consisting of quartz-carbonate veining and silica flooding. According to White Gold’s Chief Geologist, Dr. Quinton Hennigh, the oxide system discovered at Betty Ford has the potential to extend surface mineralization at White Gold’s Vertigo Target.

White Gold also intersected 1.4 g/t gold over 58.4 metres at its Vertigo Target. Mineralogy at Vertigo was found to consist of quartz-carbonate veining in a silica flooding, similar to the mineralization ENcountered at Betty Ford.

White Gold’s VP of Exploration, Jon Penn, highlighted the significance of the discovery. “Betty Ford and Vertigo are a great example of how lateral continuity of an oxide gold system can be observed and tracked on the White Gold District property. These two targets are providing clarity to our understanding of the district, which is helping to enhance our exploration strategy.”

White Gold’s 2020 exploration program is focused primarily on expanding surface mineralization and increasing resources at established high-grade oxide targets, such as Vertigo and Betty Ford. Further drilling is planned for 2021, to provide additional insight into the geology of the White Gold district and to help determine the extent of the oxide gold system. We await further developments with much anticipation.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Editor's Pick

Controversy ensued recently when a vocal group within the Republican party (in the United States) began to make the argument that the Speaker position,...

Economy

In an effort to promote stronger loyalty among customers, Delta Air Lines has recently announced changes that will make it more difficult to earn...

Top News

Intensified aerial strikes in and around the Hamas-controlled Gaza Strip have been met with retaliatory releases of Israeli hostages by the militant organization. On...

Economy

Citigroup, one of the world’s leading multinational investment banks and a behemoth in the financial services sector, recently unveiled plans to trigger a significant...

Disclaimer: YourRetireInvest.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 YourRetireInvest. All Rights Reserved.