Mr. David D'Onofrio reports
WHITE GOLD CORP. APPOINTS DYLAN LANGILLE MEMBER OF GREAT BEAR RESOURCES DISCOVERY TEAM AS VICE PRESIDENT OF EXPLORATION
White Gold Corp. has appointed Dylan Langille as vice-president of exploration of the company.
Mr. Langille brings a decade of experience in mineral exploration, with a proven record in gold discovery and project advancement across Canada's most prolific gold camps. Most recently, he was part of the core discovery team at the Great Bear project in Red Lake, Ont., with Great Bear Resources Ltd. Following the acquisition of Great Bear by Kinross Gold,
Mr. Langille led exploration efforts focused on growing the resource base ahead of a maiden preliminary economic assessment, contributing to one of Canada's most significant recent gold discovery stories.
Mr. Langille is known and respected for his strategic and innovative mindset, and ability to integrate multidisciplinary data to guide discovery and derisk exploration. His experience spans grassroots target generation through to advanced-stage resource delineation in both greenfield and brownfield settings.
"I'm excited to join White Gold at such a pivotal time in the company's evolution," said Mr. Langille. "With strong market conditions, increasing demand and interest for high-quality gold projects, and with White Gold's district-scale land position in a Tier 1 jurisdiction, the company presents a compelling opportunity in the sector and is well positioned for growth through new discovery. I look forward to working with the team to unlock further value across its unique portfolio of advanced assets and grass root targets and to build on the company's exploration success to date."
"Dylan's experience and impressive accomplishments bring a complimentary skill set to continue to advance White Gold's extensive discovery pipeline, which already boasts significant defined gold resources and other prospective opportunities for new discoveries," stated David D'Onofrio, chief executive officer of the company.
Other matters
The company also announces that a total of 4.75 million options to purchase common shares of the company have been granted to directors, officers, employees and consultants at an exercise price of 26.5 cents per share, expiring on June 18, 2030.
About White Gold Corp.
The company owns a portfolio of 15,364 quartz claims across 21 properties covering approximately 300,000 hectares (3,000 square kilometres) representing approximately 40 per cent of the Yukon's emerging White gold district. The company's flagship White gold project hosts four near-surface gold deposits which collectively contain an estimated 1,203,000 ounces of gold in indicated resources and 1,116,600 ounces of gold in inferred resources (this news release). Regional exploration work has also produced several other new discoveries and prospective targets on the company's claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Corp. with measured and indicated resources of 2.1 Moz (million ounces) at 1.28 grams per tonne gold and inferred resources of 0.2 Moz at 1.04 g/t gold, and Western Copper and Gold Corp.'s Casino project which has measured and indicated resources of 7.6 billion pounds copper and 14.5 Moz gold and inferred resources of 3.3 Blb copper and 6.6 Moz gold.
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