White Gold cheers Canadian "nation-building projects"

Executive Summary

• White Gold Corp. welcomes the Canadian federal government's announcement of the second tranche of nation-building investments under Budget 2025, highlighting the formal referral of the Northwest Critical Conservation Corridor to the Major Projects Office (MPO).
• The company emphasizes the strategic importance of the Yukon-British Columbia grid connect and infrastructure investments in unlocking mineral potential, while congratulating Yukon's new Premier and expressing intent to collaborate with the new territorial government.
• White Gold reaffirms its fully financed 2025/2026 exploration plans across its district-scale portfolio, including drilling at flagship assets like Golden Saddle and Arc, citing a constructive regulatory and infrastructure environment.

Key Details

• Federal Infrastructure & Policy: The federal government announced the second tranche of nation-building projects, specifically referencing the Northwest Critical Conservation Corridor (spanning BC and Yukon) being referred to the Major Projects Office (MPO) to fast-track coordination for large-scale mineral development.
• Energy & Grid Connectivity: The announcement highlights the Yukon-British Columbia grid connect as a key strategic priority to increase energy security, provide clean power to the north, and reduce diesel reliance, thereby improving operating conditions for mineral projects.
• Company Portfolio & Resources: White Gold controls a 20-plus-property portfolio in west-central Yukon. The flagship White Gold project hosts four near-surface gold deposits with:
  • Indicated Resources: 1,732,300 ounces of gold (35.2 million tonnes at 1.53 g/t Au).
  • Inferred Resources: 1,265,900 ounces of gold (32.2 million tonnes at 1.22 g/t Au).
• Regional Context: The company notes proximity to major regional projects, including:
  • Coffee Project (Newmont/Fuerte Metals): 2.96 million oz indicated gold (80M tonnes at 1.15 g/t) and 800,000 oz inferred gold.
  • Casino Project (Western Copper and Gold): 14.8 million oz indicated gold and 7.6 billion lbs copper (2,490.7M tonnes at 0.18 g/t Au and 0.14% Cu).
• Exploration Plans: The company is advancing a fully financed 2025/2026 exploration program, including drilling at flagship assets: Golden Saddle, Arc, Ryan's Surprise, VG, and other regional targets.
• IR Engagement: White Gold engaged Departures Capital Inc. effective Nov. 19, 2025, for marketing and investor relations services at a total contract value of $15,000 for six months, payable in advance.

Notable Quotes

• "These recent announcements reinforce what we and many others in the industry have long believed: The Yukon is one of Canada's most important mineral jurisdictions," said David D'Onofrio, chief executive officer. "As the federal government prioritizes accessing Canada's vast mineral wealth, infrastructure and northern development, companies in the Yukon are exceptionally well positioned to contribute to Canada's economic and strategic goals."