White Gold Corp. has commenced drilling on its Titan project as well as initiated ground surveys on other high-priority targets based on the company’s systematic data-based exploration strategy, including detailed soil sampling, ground geophysical surveys, GT probing, mechanical trenching, and detailed geological and structural mapping. This activity marks the initiation of the company’s 2020 exploration program, which was backed by partners Agnico Eagle Mines and Kinross Gold, on its 420,000-hectare land package in the White Gold District, Yukon, Canada.
The 2020 exploration program has been designed to further test existing targets and recent new discoveries at the White Gold, Hen and JP Ross properties, as well as to identify and advance other targets on its regional land package.
“The 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,” CEO of White Gold David D’Onofrio said. “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.”
The Titan project is located on the Hen property approximately 70 kilometers (km) south of Dawson City and 25 km northeast of the company’s flagship Golden Saddle and Arc deposits, which host mineral resources of more than 1 million ounces (oz) indicated at 2.26 grams per metric ton (g/mt) gold and more than 500,000 oz inferred at 1.48 g/mt gold. The property is situated within a placer mining camp where abundant coarse placer gold has been recovered from creek gravels on North Henderson Creek immediately east of the Titan.
The first phase of the drill program consists of RC and RAB drilling to better determine the width and grade of the gold mineralized zone and to test a combination of magnetic highs similar to the one that hosts the gold at the Titan, and to also test soil geochemistry anomalies on the northeast trend along the southern edge of the magnetic low feature. The RC and RAB drilling will be followed up in August with a diamond drilling program at Titan.