White Gold Corp (TSX-V:WGO) has received results from an induced polarisation and resistivity ground geophysical program on the Guilder and Mt Hart targets in the White Gold District of Yukon, Canada.
The results outline multiple compelling, drill-ready chargeability anomalies that exhibit strong spatial correlation with interpreted structural conduits, magnetite-destructive alteration zones, as well as metal zonation patterns characteristic of porphyry and epithermal systems.
The results warrant follow-up programs including ground truthing and structural mapping, trenching, and the initiation of a diamond core drill program.
This work will be carried out ahead of delivering a maiden preliminary economic assessment on the company’s White Gold Project.
CEO David D’Onofrio says the results underscore the discovery potential across the district-scale land package.
“Discovering and advancing early-stage exploration targets remains a core pillar of our exploration pipeline strategy, enabling White Gold to continuously generate new discoveries and drill targets while simultaneously progressing our advanced flagship White Gold Project which ranks among Canada’s highest grade undeveloped open-pit gold deposits,” D’Onofrio says.
Target findings
At Mt Hart, DM-1 and DM-2 exhibit the strongest chargeability and resistivity contrasts beneath the most intense multi-element soil anomalies and will be prioritised for immediate trenching and subsequent drilling.
Mt Hart is located on the Nolan property and hosts a 5km by 3.5km multi-element soil anomaly. Mineralisation is structurally controlled, occurring in northeast-trending sheeted chalcopyrite-bearing shear veins and magnetite-destructive iron-oxidised zones.
Meanwhile at Guilder, two high-priority targets were identified on the Loonie property, which will be included in the company’s previously reported spin-out of critical mineral assets into W2 Critical Minerals Corp.
Guilder is characterised by a 2.2km-long zoned polymetallic soil anomaly. The target’s corridor is marked by a sharp magnetic contact, separating a strong magnetic high to the southwest from a moderate magnetic signature.
The IP survey was designed to test beneath extensive, multi-element soil geochemical anomalies and structurally complex corridors.
Vice President of Exploration Dylan Langille says the integration of the IP geophysics with geochemical and structural datasets has advanced the company’s understanding of the targets.
“At Guilder, we are seeing deep chargeability features aligning perfectly with the northwest-trending structural corridor that hosts our copper-gold soil anomaly, strongly mirroring a known porphyry system in the area,” Langille says.
“At Mt Hart, the induced polarisation data has illuminated the structural architecture controlling the high-grade epithermal and porphyry-style signatures mapped at surface.”
White Gold Corp is a Canadian gold explorer operating exclusively in the White Gold District in northwest Yukon.
Write to Aaliyah Rogan at Mining.com.au
Images: White Gold Corp