White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl:
WHGOF, FRA: 29W) (the “
Company”) is pleased to
announce it will participate in the upcoming Mines and Money Online
Connect Global conference from September 1st to September 3rd, the
Precious Metals Summit Beaver Creek Virtual conference from
September 15th to 17th and the Precious Metals Summit Europe
Virtual conference from November 2nd to 3rd. David D’Onofrio (Chief
Executive Officer), Shawn Ryan (Chief Technical Advisor) and Terry
Brace (VP Exploration) will provide a corporate update and discuss
the progress of the Company’s fully funded 2020 exploration program
on its properties in Yukon’s White Gold District, Canada.
“We look forward to further introducing White
Gold Corp. to the international investment community, providing an
update on the progress of our 2020 exploration program and the
upcoming results on our district-scale land package in Yukon’s
emerging White Gold District,” stated David D’Onofrio, Chief
Executive Officer.
Company OverviewWhite Gold
Corp. is a gold exploration company with an extensive property
portfolio comprised of over 420,000 hectares representing 40% of
the Yukon’s prolific White Gold district and gold resources
including its flagship Golden Saddle & Arc deposits containing
1,139,000 oz Indicated at 2.26 g/t Au and 402,100 oz Inferred at
1.28 g/t Au, and its VG resource containing 230,000 oz Inferred at
1.65 g/t Au(1).
The company was formed in 2016 by the renowned
prospector Shawn Ryan whose exploration methodologies have led to
multiple new discoveries in the White Gold District in recent
years. The company has also added the expertise of mining and
capital market experts including Agnico Eagle Mines Limited (TSX:
AEM, NYSE: AEM), Kinross Gold Corp (TSX: K, NYSE: KGC) and Eric
Sprott as significant shareholders.
Registered parties interested in scheduling a meeting with
management can do so through the online platforms as outlined
below. For those unable to attend the conferences, recent video
updates can be found on the Company’s website at
https://whitegoldcorp.ca/media/videos/
Mines and Money Online Connect
GlobalDate: September 1st to September 3rd,
2020Registration: https://minesandmoney.com/online/Event Agenda:
https://minesandmoney.com/online/agenda/
Precious Metals Summit: Beaver Creek
VirtualDate: September 15th to 17th, 2020Registration:
https://www.precioussummit.com/event/2020-summit-colorado/Event
Agenda:
https://www.precioussummit.com/event/2020-summit-colorado/?section=agenda
Precious Metals Summit Europe
(Virtual)Date: November 2nd to 3rd, 2020Registration:
https://www.precioussummit.com/event/2020-summit-europe/
Please reach out to management at
ir@whitegoldcorp.ca if you would like to book a meeting at either
of these conferences or for any other inquiries.
About White Gold Corp.The
Company owns a portfolio of 21,207 quartz claims across 33
properties covering over 420,000 hectares representing over 40% of
the Yukon’s prolific White Gold District. The Company’s flagship
White Gold property hosts the Company’s Golden Saddle and Arc
deposits which have a mineral resource of 1,139,900 ounces
Indicated at 2.28 g/t gold and 402,100 ounces Inferred at 1.39 g/t
gold. Mineralization on the Golden Saddle and Arc is also known to
extend beyond the limits of the current resource estimate. The
Company’s recently acquired VG Deposit also hosts a historic
Inferred gold resource of 230,000 ounces at 1.65 g/t Au(1).
Regional exploration work has also produced several other new
discoveries and prospective targets on the Company’s claim packages
which border sizable gold discoveries including the Coffee project
owned by Newmont Corporation with Measured and Indicated Resources
of 2.17 Moz at 1.46 g/t Au, and Inferred Resources of 0.50 Moz at
1.32 g/t Au(2), and Western Copper and Gold Corporation’s Casino
project which has Measured and Indicated Resources of 14.5 Moz Au
and 7.6 Blb Cu and Inferred Resources of 6.6 Moz Au and 3.3 Blb
Cu(2). For more information visit www.whitegoldcorp.ca.
(1) See Comstock Metals Ltd. technical report
titled “NI 43-101 TECHNICAL REPORT on the QV PROJECT”, dated August
19, 2014, available on SEDAR. (2) Noted mineralization is as
disclosed by the owner of each property respectively and is not
necessarily indicative of the mineralization hosted on the
Company’s property.
Qualified Person Terry Brace,
P.Geo. and Vice President of Exploration for the Company is a
“qualified person” as defined under National Instrument 43-101 –
Standards of Disclosure of Mineral Projects and has reviewed and
approved the content of this news release.
Cautionary Note Regarding Forward
Looking InformationThis news release contains
"forward-looking information" and "forward-looking statements"
(collectively, "forward-looking statements") within the meaning of
the applicable Canadian securities legislation. All statements,
other than statements of historical fact, are forward-looking
statements and are based on expectations, estimates and projections
as at the date of this news release. Any statement that involves
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or
performance (often but not always using phrases such as "expects",
or "does not expect", "is expected", "anticipates" or "does not
anticipate", "plans", “proposed”, "budget", "scheduled",
"forecasts", "estimates", "believes" or "intends" or variations of
such words and phrases or stating that certain actions, events or
results "may" or "could", "would", "might" or "will" be taken to
occur or be achieved) are not statements of historical fact and may
be forward-looking statements. In this news release,
forward-looking statements relate, among other things, the
Company’s objectives, goals and exploration activities conducted
and proposed to be conducted at the Company’s properties; future
growth potential of the Company, including whether any proposed
exploration programs at any of the Company’s properties will be
successful; exploration results; and future exploration plans and
costs and financing availability.
These forward-looking statements are based on
reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
differ materially as forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
materially differ from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors, among other things, include: the
expected benefits to the Company relating to the exploration
conducted and proposed to be conducted at the White Gold
properties; the receipt of all applicable regulatory approvals for
the Offering; failure to identify any additional mineral resources
or significant mineralization; the preliminary nature of
metallurgical test results; uncertainties relating to the
availability and costs of financing needed in the future, including
to fund any exploration programs on the Company’s properties;
business integration risks; fluctuations in general macroeconomic
conditions; fluctuations in securities markets; fluctuations in
spot and forward prices of gold, silver, base metals or certain
other commodities; fluctuations in currency markets (such as the
Canadian dollar to United States dollar exchange rate); change in
national and local government, legislation, taxation, controls,
regulations and political or economic developments; risks and
hazards associated with the business of mineral exploration,
development and mining (including environmental hazards, industrial
accidents, unusual or unexpected formations pressures, cave-ins and
flooding); inability to obtain adequate insurance to cover risks
and hazards; the presence of laws and regulations that may impose
restrictions on mining and mineral exploration; employee relations;
relationships with and claims by local communities and indigenous
populations; availability of increasing costs associated with
mining inputs and labour; the speculative nature of mineral
exploration and development (including the risks of obtaining
necessary licenses, permits and approvals from government
authorities); the unlikelihood that properties that are explored
are ultimately developed into producing mines; geological factors;
actual results of current and future exploration; changes in
project parameters as plans continue to be evaluated; soil sampling
results being preliminary in nature and are not conclusive evidence
of the likelihood of a mineral deposit; title to properties;
ongoing uncertainties relating to the COVID-19 pandemic; and those
factors described under the heading "Risks Factors" in the
Company's annual information form dated July 29, 2020 available on
SEDAR. Although the forward-looking statements contained in this
news release are based upon what management of the Company
believes, or believed at the time, to be reasonable assumptions,
the Company cannot assure shareholders that actual results will be
consistent with such forward-looking statements, as there may be
other factors that cause results not to be as anticipated,
estimated or intended. Accordingly, readers should not place undue
reliance on forward-looking statements and information. There can
be no assurance that forward-looking information, or the material
factors or assumptions used to develop such forward-looking
information, will prove to be accurate. The Company does not
undertake to release publicly any revisions for updating any
voluntary forward-looking statements, except as required by
applicable securities law.
Neither the TSXV nor its Regulation
Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this
news release.
Contact Information:David
D’Onofrio Chief Executive Officer White Gold Corp. (647) 930-1880
ir@whitegoldcorp.ca
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