White Gold Corp. Announces 44% Increase in Indicated Resources to 1,732,300 oz Gold and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold at its Flagship White Gold Project, Yukon, Canada

Executive Summary

• The Company announced a substantially upgraded mineral resource estimate for its flagship White Gold project, increasing indicated resources by 44% to 1.73 Moz Au and inferred resources by 13.4% to 1.27 Moz Au.
• Updated resources are near‑surface, 99% open‑pit‑compatible, and support the company’s 2025 exploration program aimed at further resource growth and a forthcoming Preliminary Economic Assessment (PEA).
• A NI 43‑101 technical report will be filed within 45 days; the announcement underscores strong grade continuity, expanded pit designs, and continued upside potential across four deposits (Golden Saddle, Arc, Ryan’s Surprise, VG).

Key Details

• Indicated Resources: 1,732,300 oz Au in 35.2 Mt at 1.53 g/t Au (57.8% of total resources).
• Inferred Resources: 1,265,900 oz Au in 32.2 Mt at 1.22 g/t Au (42.2% of total resources).
• Deposit Highlights:
• Golden Saddle Main Zone – 1.10 Moz indicated (12.3 Mt @ 2.84 g/t) and 93,000 oz inferred (1.4 Mt @ 2.03 g/t) at a 1.0 g/t cut‑off; at 3.0 g/t cut‑off the core contains 695,000 oz indicated (4.4 Mt @ 4.88 g/t).
• Resource Modeling: Re‑interpretation of Golden Saddle and Arc zones using Leapfrog Geo wireframes; block model sizes 5–20 m; ordinary kriging for most deposits, ID2 interpolation for Ryan’s Surprise.
• Economic Assumptions (used in pit optimization): Gold price US$2,250/oz, CAD/USD 0.70, open‑pit mining cost CDN$3.25/t, processing/G&A CDN$27.50/t, underground mining cost CDN$120/t; recoveries 92% (Golden Saddle & VG) and 85% (Arc & Ryan’s Surprise).
• Technical Report: To be filed on SEDAR+ and the Company website within 45 days of this release (NI 43‑101 compliant).
• 2025 Exploration Program:
• Diamond drilling at Golden Saddle targeting high‑grade footwall breccia and unsampled hanging‑wall zones.
• Arc drilling to test down‑dip extensions and supply material for metallurgical work.
• Relogging & resampling of historic core to capture previously unsampled mineralized intervals.
• Strategic Context: The updated MRE positions White Gold as a leading large‑scale, high‑grade open‑pit gold project in a tier‑one jurisdiction; the resource remains open along strike and down‑dip with multiple nearby prospective targets.

Notable Quotes

“The remodelling of the Golden Saddle and Arc deposits has more effectively and efficiently captured mineralization… resulting in a very meaningful addition to the resource.” – Dylan Langille, Vice President of Exploration

“Today’s announcement … further highlights the strong growth potential of our near‑surface deposits which remain open in multiple directions…” – David D’Onofrio, Chief Executive Officer

Materiality Assessment: Material – Positive (significant increase in resource base and clear path to value creation via upcoming PEA).