Northwire Canada EditionMonday, August 17, 2026
Northwire
HDRO 1.51 +4.1% LOD 0.405 +1.2% GRZ 6.49 −0.1% ELBM 0.810 +0.0% AG 27.39 +2.4% PAAS 66.90 +1.6% GGM 0.035 +0.0% NTH 0.152 −4.7% SRC 1.71 −3.4% SAGE 0.150 +0.0% NIM 0.760 +4.1% LUCA 0.990 +3.1% SVM 16.73 +0.4% SRL 0.415 +1.2% CNL 20.46 −0.1% ARIS 25.15 +1.3% HDRO 1.51 +4.1% LOD 0.405 +1.2% GRZ 6.49 −0.1% ELBM 0.810 +0.0% AG 27.39 +2.4% PAAS 66.90 +1.6% GGM 0.035 +0.0% NTH 0.152 −4.7% SRC 1.71 −3.4% SAGE 0.150 +0.0% NIM 0.760 +4.1% LUCA 0.990 +3.1% SVM 16.73 +0.4% SRL 0.415 +1.2% CNL 20.46 −0.1% ARIS 25.15 +1.3%
Resource Estimate

White Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.

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Executive Summary

  • White Gold Corp. filed an updated NI 43‑101 technical report showing a 44% increase in Indicated gold resources and a 13% increase in Inferred resources, now totaling 1,732,300 oz Indicated and 1,265,900 oz Inferred across the Golden Saddle, Arc, Ryan’s Surprise and VG deposits.
  • The revised model demonstrates improved geological continuity, higher grade cores (e.g., 2.84 g/t Au at a 0.3 g/t cut‑off) and expanded pit designs, enhancing the project’s economic potential.
  • A robust 2025 exploration program has been outlined to further grow the resource base and support an upcoming Preliminary Economic Assessment (PEA).

Key Details

  • Effective date of MRE: August 19 2025.
  • Qualified Person: Dr. Gilles Arseneau, P.Geo., ACS (independent QP). Technical report available on SEDAR+.
  • Resource Highlights
  • Indicated: 1,732,300 oz Au in 35.2 Mt @ 1.53 g/t Au (57.8% of total).
  • Inferred: 1,265,900 oz Au in 32.3 Mt @ 1.22 g/t Au (42.2% of total).
  • Golden Saddle Main Zone – 1,100,000 oz Indicated @ 2.84 g/t Au (0.3 g/t cut‑off); at a 3.0 g/t cut‑off the core holds 695,000 oz Indicated @ 4.88 g/t Au.
  • Resource Growth vs. 2024 MRE – Indicated resources up 44%, Inferred up 13.4%.
  • Deposit Coverage: Updated model includes Golden Saddle, Arc, Ryan’s Surprise, VG; all near‑surface, open‑pit dominated (99% within pit shells).
  • Exploration Outlook 2025 – Targeted diamond drilling at Golden Saddle (high‑grade footwall breccia), Arc (down‑dip extension & metallurgical feedstock), systematic relogging/resampling of historic core to capture missed mineralization.
  • Economic Assumptions Used in Modeling – Gold price US $2,250/oz; exchange rate C$:US$ 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 Methodology – Block model (10 m for Golden Saddle/Arc/VG, 5‑10 m for Ryan’s Surprise); ordinary kriging (Golden Saddle, Arc, VG) and ID2 interpolation (Ryan’s Surprise); pit optimization via GEOVIA Whittle; software: GEMS 6.8.4, Sage2001.
  • Strategic Partners: Agnico Eagle Mines Ltd. supporting the work program.

Notable Quotes

“The updated MRE on our flagship White Gold Project represents another key development for the continued growth and advancement of our resources… we look forward to continuing to demonstrate the gold and critical mineral endowment of our prospective district‑scale land package.” – David D’Onofrio, CEO

“This updated Mineral Resource Estimate represents the first step in a staircase of opportunity to continue unlocking value across our flagship deposits.” – Dylan Langille, VP Exploration

Read the original news release →

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