White Gold Corp. announces that it has commenced drilling on its Titan Project as well as initiated ground surveys on other high priority targets.
This activity marks the initiation of the Company’s fully funded 2020 exploration program on its extensive 420,000 hectare land package in the emerging White Gold District, Yukon, Canada.
The 2020 exploration program has been designed to further test existing targets and recent new discoveries on the Company’s White Gold, Hen and JP Ross properties, as well as to identify and advance other targets on its regional land package.
“We are very excited to kick off our 2020 exploration program. The fully funded program is designed to be focused and impactful starting with drilling the Titan anomaly identified late last year and to follow up on some of our other highest priority projects. The quick and accurate delineation of these targets through our disciplined and systematic exploration methodologies is a testament to our scientific and data driven approach and provides additional confidence in the prospectivity of these and our other targets,” stated David D’Onofrio, Chief Executive Officer.
The Titan project is located on the Hen property approximately 70 km south of Dawson City and 25 km northeast of the Company’s flagship Golden Saddle and Arc deposits which host mineral resources of 1,039,600 ounces Indicated at 2.26 g/t gold and 508,700 ounces Inferred at 1.48 g/t gold. The property is situated within a prolific placer mining camp where abundant coarse placer gold has been recovered from creek gravels on North Henderson Creek immediately east of the Titan.