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.