White Gold Corp. Further Outlines Two Large Copper-Molybdenum Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit
TORONTO, April 05, 2023 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company”) is pleased to provide an exploration update on two large copper-molybdenum porphyry targets on its Pedlar and Hayes properties situated in the southern portion of its 350,000 hectare land package, and located approximately 25 km northeast and 30 km east of Western Copper and Gold Corporation’s Casino copper-gold porphyry deposit respectively. The Casino deposit has Measured & Indicated Resources of 7.6 Blbs copper & 14.8 Moz gold and Inferred Resources of 3.1 Blb copper & 6.3 Moz gold(4) and is contiguous to the Company’s Betty property (see Figure 1). The Company is primarily targeting similar Casino-style porphyry mineralization on these early-stage projects. These results form part of the Company’s 2022 $6 million exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited and Kinross Gold Corporation.
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