White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF), a key player in the Yukon’s White Gold District, has announced promising results from its 2024 exploration diamond drilling programs at the QV and Betty properties. The highlight, a newly discovered gold-bearing structure at the Chris Creek target.
The initial diamond drilling program at Chris Creek revealed a broad, near-surface gold zone characterized by high-density quartz veining and silica flooding. This target is strategically located near the company’s flagship White Gold project, which already boasts a substantial resource of 1,203,000 ounces of gold in the Indicated Resource category and 1,116,600 ounces of gold in the Inferred Resource category.
“The drill results on the Chris Creek target successfully confirmed the presence of a thick zone of gold mineralization in a favourable host rock,” stated CEO David D’Onofrio. “Its close proximity and similarities to our flagship Golden Saddle deposit make it a very interesting opportunity.”
The Chris Creek target has been traced for more than 2.2 km and remains open for expansion, with the highest gold-in-soil values to date encountered right on the western edge of the target. The target forms part of a larger 5.2 km mineralized trend which hosts other prospective targets that have seen minimal exploration and no drilling to date.
VP Exploration Terry Brace added, “Our technical team is particularly impressed by the apparent size of the target in terms of strike length, thickness and continuity, as well as the density of quartz veining and silicification within the brittlely deformed intrusive host rocks.”
At Chris Creek, six shallow diamond drill holes were completed, totaling 1,082 meters, to test a 400-meter strike length of a gold-in-soil anomaly. All of these holes intersected gold mineralization within a gently dipping, near-surface structure that was up to 50 meters wide. The gold mineralization found in these drill holes is accompanied by anomalous levels of silver and tellurium, which shares a geochemical signature similar to that of the VG and Golden Saddle deposits.
The company also drilled six holes totaling 1,130.8 m on the Betty property, testing three separate gold targets: Black Betty, Betty White East, and Betty Ford. Drilling at Black Betty and Betty White East confirmed structural interpretations, intersecting numerous faults, shear, and breccia zones. The Company is currently preparing its fully funded 2025 exploration program to follow up on these successful results and test new targets.
