White Gold Expands the High-Grade Core at Golden Saddle Deposit Intersecting 5.13 g/t Gold over 7.9m within 1.47g/t Gold over 38.1m and Significantly Extends the VG Deposit High-Grade Mineralization by 90m to 320m Down-Plunge Across 150m of Strike Length Intersecting 2.53g/t Gold over 18.9m
Key Highlights
- ➤WHTGS26D0219 intersected 1.47 g/t Au over 38.08m, including 5.13 g/t over 7.88m
- ➤QV26-026 intersected 2.53 g/t Au over 18.90m at approximately 320m down-plunge
- ➤White Gold’s PEA delivered C$1.86 Billion after-tax NPV, 41% IRR, 1.5-year payback
- ➤49 additional 2026 drill holes have assays pending for resource expansion and discoveries
Expert Statements
David D’Onofrio, Chief Executive Officer of White Gold Corp.
“Further to the very strong PEA recently released, these initial results are another major accomplishment in our goal of making 2026 a transformative year for White Gold Corp. Successfully intersecting high grade gold in multiple areas validates our conviction that the White Gold Project has the potential to continue to grow substantially and that we are in the early days of demonstrating the abundant mineralization at the White Gold Project and across our truly district scale land package in the prolific White Gold District. With these early results and our observations on the additional holes drilled in 2026, we are very optimistic about the potential for meaningful additional growth and look forward to all the additional results from this significantly larger program.”
Donovan Politt, President and Director of White Gold Corp.
“These results continue to show the significant growth potential of our flagship White Gold Project”
Donovan Politt, President and Director of White Gold Corp.
“At Golden Saddle, hole 219 has expanded the high-grade core of the Main Zone by about 50 metres, which supports our view that this is one of the highest-grade undeveloped open-pitable gold deposits in Canada.”
Donovan Politt, President and Director of White Gold Corp.
“At VG, the 2026 holes to date have already pushed mineralization well beyond the footprint of its current resource while also intersecting grades higher than many historical holes at similar elevations, with more holes to come.”
Donovan Politt, President and Director of White Gold Corp.
“Just as importantly, they also bridge the gap to the high-grade intercept in QV13-011, which takes drilled mineralization at VG to about 350 meters down-plunge.”
Donovan Politt, President and Director of White Gold Corp.
“VG is growing, and we see it as a significant source of potential new high-grade ounces for our next resource update.”
Donovan Politt, President and Director of White Gold Corp.
“With every deposit still open, and a lot more results to come, we look forward to building on this momentum as we continue to grow ounces across the project.”
Dylan Langille, Vice President of Exploration of White Gold Corp.
“Similar to the idea behind hole 216 in 2025, hole 219 in 2026 was designed to test the western extent of the high-grade core at Golden Saddle, and it delivered both strong grade and width where the model predicted.”
Dylan Langille, Vice President of Exploration of White Gold Corp.
“This positive result further validates the technical team’s interpretations of structures and controls on high-grade ore shoots and overall mineralization.”
Dylan Langille, Vice President of Exploration of White Gold Corp.
“At VG, holes QV26-024 and QV26-026 confirm that mineralization continues further down-plunge and bridge a gap of approximately 120 metres to the historical QV13-011 intercept which is not in the current resource.”
Toronto, Ontario--(Newsfile Corp. - October 20, 2026) - White Gold Corp. (TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W) ("White Gold" or the "Company") is pleased to announce results from the first diamond drill holes completed as part of the Company's fully funded 2026 exploration program at its flagship White Gold Project, located in the White Gold District of the Yukon, Canada (Figure 1). The initial assays from the 2026 drill program have intersected significant high grade gold mineralization in multiple lenses on both the Golden Saddle and VG deposits and successfully validate the Company's belief that these deposits remain open for continued growth that will further enhance its recently published robust Preliminary Economic Assessment (the "PEA") which delivered a C$1.86 Billion After-Tax NPV, 41% IRR and 1.5 Year Payback (see the Company's news release dated September 25, 2026)((5)). The 2026 diamond drill program supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) is the Company's largest ever on its flagship deposits, and equivalent to approximately 20% of the roughly 92,000 metres drilled across Golden Saddle, Arc, VG, and Ryan's Surprise deposits prior to 2026. This news release reports the first set of diamond drillhole results from the Golden Saddle and VG deposits. Assays are pending from an additional 49 holes which were designed to increase known resources and make new discoveries on the White Gold Project and will be released in due course.
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