Intersecting broad, high-grade gold mineralization below a deposit’s planned open pit drove same-session buying in a Yukon gold explorer today, showing how deep drilling can expand a deposit’s footprint.
White Gold Corp. (TSX-Venture: WGO)(OTCQX: WHGOF), a Yukon gold explorer, rose Tuesday after reporting core assay results from its 2026 drill program at the White Gold Project. Standout hole QV26-025 at the VG Deposit intersected 2.73 g/t gold over 21.8m, including 4.18 g/t gold over 8.8m, the strongest intercept drilled at VG below 125m vertical depth. Together with two other 2026 holes, it fills a roughly 120m drilling gap to a 2013 historical hole, extending mineralization to about 350m down-plunge (along the tilted direction the gold zone follows at depth) across about 170m of strike, below the current conceptual open-pit shell.
Initial drilling at the Ryan’s Surprise Deposit cut multiple stacked gold lenses, expanding the system by about 50m to the east and 50m to the west. Highlight holes include WHTRS26D035 (0.96 g/t gold over 20.8m and 1.46 g/t over 9.7m) and WHTRS26D034 (3.90 g/t over 3.0m). The 2026 campaign comprised 53 holes totaling about 18,810m, with results pending for 44 holes, including six at VG.
Next primary catalysts include pending assays from the remaining 44 drill holes and incorporating 2026 drill results into an updated mineral resource estimate.
Shares of WGO are up 13.1% to C$1.60 on volume of 106,700 shares on the TSX Venture Exchange, while OTCQX-listed shares of WHGOF have advanced 10.8% to US$1.13 on volume of 70,500.
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