Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Rigs Are Turning on a 5,000-Metre Expedition for Yukon Copper-Gold

White launches a 5,000-metre drill program in the Yukon following the spin-out of its critical mineral assets.

Executive Summary
  • White Gold Corp. announced the commencement of its fully funded 2026 exploration program at the AZ and Birch copper-gold properties in the Yukon.
  • Drill rigs are on site with first core produced at AZ on May 28, 2026.
  • The company plans approximately 5,000 metres of diamond drilling, supplemented by 3D IP geophysics, drone aeromagnetic surveys, and surface sampling.
  • Yukon Metals recently optioned the Sumo copper-gold property (~1,875 hectares) in April 2026, expanding its district-scale footprint.
  • The release contextualizes activities alongside significant peer drilling results and financings in the region.
Material Impact
  • The commencement of the 2026 exploration program was previously announced and fully funded via a $23 million private placement in October 2025.
  • This news represents the execution phase of a planned, fully funded initiative rather than a new development or unexpected catalyst.
  • The addition of the Sumo property option is a logical extension of the company's district-scale strategy but does not materially alter the near-term financial or operational outlook.
  • The news is in line with previous expectations and management guidance regarding the 2026 drill program timeline.
WGO · Price
Company Overview
  • White Gold Corp. is an exploration-stage company focused on its flagship White Gold Project in the Yukon, Canada.
  • The project hosts four near-surface deposits: Golden Saddle, Arc, Ryan’s Surprise, and VG.
  • The latest mineral resource estimate (August 2025) defines 1,732,300 ounces of Indicated gold (35.2 million tonnes @ 1.53 g/t) and 1,265,900 ounces of Inferred gold (32.3 million tonnes @ 1.22 g/t).
  • Approximately 99% of the resource is amenable to open-pit mining.
  • The company also holds a district-scale land package of over 300,000 hectares, targeting copper, molybdenum, tungsten, and other critical minerals.
Read the original news release →

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