Mr. David D'Onofrio reports

WHITE GOLD CORP. ENCOUNTERS HIGH-GRADE SURFACE RESULTS ON RECENTLY DISCOVERED TITAN TARGET INCLUDING GRAB SAMPLES OF 605 G/T GOLD, 497 G/T GOLD AND 113 G/T GOLD, GT PROBE SAMPLES UP TO 17.35 G/T GOLD; FURTHER EXTENDING REGIONAL SCALE HIGH-GRADE MINERALIZATION TO THE HEN PROPERTY

White Gold Corp. has released multiple high-grade grab samples including 605.0 grams per tonne gold, 497.0 g/t Au, 113.0 g/t Au and 78.3 g/t Au and GT probe samples up to 17.35 g/t Au at the site of the recent Titan discovery, located on the road-accessible Hen property, contiguous to the company's JP Ross property, less than 15 kilometres west-northwest from the Vertigo discovery, in Yukon, Canada. These results demonstrate an extension of the regional-scale high-grade gold system encountered across the adjacent JP Ross property, including the Vertigo and other recently discovered targets along the Vertigo trend. Exploration activities were conducted to follow up on positive soil sample results previously released, which included values up to 113 g/t (113,000 parts per billion) Au, the highest ever recorded in the company's extensive soil database. Follow-up activities have included infill soils, ground geophysical surveys (very low-frequency and magnetics), prospecting/geologic mapping, GT probe and RAB (rotary air blast) drilling, with additional results to be released in due course. The company's fully financed $13-million 2019 exploration program backed by partners Agnico Eagle Mines Ltd. and Kinross Gold Corp. includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle and Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the company's expansive land package located in the prolific White Gold district, Yukon, Canada.

Highlights include:

• The recently discovered Titan target is located on the road-accessible Hen property contiguous to the JP Ross property, less than 15 km west-northwest from the Vertigo discovery.
• Latest results extend the footprint of the regional scale high-grade mineralized gold system encountered across the adjacent JP Ross property onto the Hen property.
• Results include 15 prospecting samples, with assays including 605 g/t Au, 497 g/t Au, 113 g/t Au and 78.3 g/t Au.
• 208 GT probe samples completed with assays up to 17.35 g/t Au; three samples returning greater than one g/t Au, five samples returning greater than 0.5 g/t Au, confirming initially noted mineralization along soil trends.
• 505 soil samples completed with results up to 6,124 ppb Au.
• This exploration activity was to follow up on prior soil sampling results, which included a sample greater than 100,000 ppb Au (fire assay confirmed 113,000 ppb or 113 g/t Au), the highest ever recorded in company's over-400,000-soil-sample database.

"These positive results from our early-stage exploration work on the Titan are very encouraging, and display the continued proliferation of high-grade gold mineralization across our vast portfolio of properties. Our model has always been to generate a pipeline of gold targets so that as we advance our mature-stage assets, we have new discoveries to bring up the development ladder," stated Shawn Ryan, chief technical adviser. "Rock grab samples and other surface exploration identified the presence of visible gold, further highlighting the Titan as a very exciting target for further exploration activity. These significant results combined with Titan being located less than 15 km west of the Vertigo, provides further evidence of the possible regional-scale gold system in the placer-rich Henderson Creek region."

See below for a summary of exploration activity completed on the Titan target and Hen property.

Titan target (Hen property)

The Titan target is located on the Hen property, adjacent to the JP Ross on the west, and approximately 15 km to the west-northwest of the Vertigo. The Hen property is situated within a prolific placer mining camp. Abundant, coarse placer gold has been recovered from creek gravels on North Henderson Creek immediately east of the Titan target. Additionally, the structural and geologic setting of the Hen indicates mineralization in the area is congruent with mineralized structures identified by the company on the adjacent JP Ross property.

These results are particularly significant as they are the first occurrence of mineralization ever discovered on the Hen property, which previously only had limited reconnaissance-stage ridge and spur soil sampling conducted on it to date. The company is performing follow-up work to obtain an initial estimate of the potential size, scale and number of mineralized gold structures. Based on the positive prospecting, GT probe and soil results the RAB drilling on Titan was fast-tracked in order to complete a preliminary program this field season, quickly receive insight on the target and plan for a comprehensive program in 2020.

Soil sampling results

A detailed soil grid consisting of 505 samples was collected on the Hen following up on the soil sampling results initially reported, which included a sample greater than 100,000 ppb Au that returned a final value of 113 g/t Au on gravimetric fire assay. The detailed soil sampling was conducted on 50 m spaced lines and 25 m spaced samples and returned results ranging from trace to 6,124 ppb Au. The soils form two distinct trends originating from the area of the 113 g/t Au soil sample -- one trending to the north-northwest and traceable for 545 m, and the second trending east-northeast and traceable for 650 m. Gold along both trends is coincident with elevated bismuth and copper in the soils, and the trends occur along the southern and western margins of a well-defined 650 m by 650 m magnetic low feature.

Prospecting results

The results for 15 prospecting samples collected across the Titan have also been received, with four of the samples taken from a pit excavated over the 113 g/t Au soil sample site. Mineralized material in the pit consisted of strongly sheared and oxidized mafic rocks with disseminated to massive magnetite, fine-grained visible gold and strong calc-silicate alteration in the surrounding alteration halo. Assays for the samples returned 78.3 g/t Au, 113 g/t Au, 497 g/t Au and 605 g/t Au. All are associated with elevated Bi, Cu (up to 0.17 per cent), iron (up to 36.1 per cent), phosphorous (greater than 1 per cent) and uranium. The remaining 11 samples from the area were collected from surface and returned values ranging from trace to 0.844 g/t Au.

GT probe results

A total of 208 GT probe samples over seven lines have been received across the Titan soil anomalies. The sampling returned results ranging from trace to 17.35 g/t Au, with three samples returning greater than one g/t Au, five samples returning greater than 0.5 g/t Au and 15 samples returning greater than 0.1 g/t Au, confirming mineralization along the soil trends. All samples greater than one g/t Au were within 50 m of the 113 g/t Au soil site and are associated with strongly sheared and oxidized mafic rocks with disseminated to massive magnetite mineralization. The samples show a strong association of Au with elevated Bi, Cu (up to 0.22 per cent), Fe (greater than 50 per cent), P (greater than 1 per cent), plus/minus U.

Preliminary interpretation

The most significant mineralization observed to date is focused at the apparent intersection of the two gold in soil trends, potentially indicating intersecting structures. Based on the shape of the anomalies, that they do not appear to continue beyond the apparent intersection, and the interaction with topography, it is possible that the two anomalous trends represent the exposed edges of a single planar zone of mineralization dipping to the north-northeast. Limited structural measurements and shearing associated with the mineralization would also support this interpretation and RAB drilling on the target should assist in confirming this.

It is interpreted that the circular magnetic feature associated with gold mineralization represents a buried intrusion and is likely the source of hydrothermal fluids associated with observed mineralization, and these fluids likely took advantage of pre-existing structures within the host rock.

Quality assurance/quality control

The analytical work for the 2019 drilling program will be performed by ALS Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, B.C., laboratory. Sample preparation was carried out at its Whitehorse, Yukon, facility. All RC chip and diamond core samples will be prepared using procedure PREP-31H (crush 90 per cent less than two millimetres, riffle split off 500 grams, pulverize split to better than 85 per cent passing 75 microns) and analyzed by method Au-AA23 (30 g fire assay with AAS finish) and ME-ICP41 (0.5 g, aqua regia digestion and ICP-AES analysis). Samples containing greater than 10 g/t Au will be reanalyzed using method Au-GRAV21 (30 g fire assay with gravimetric finish).

The reported work will be completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the insertion of certified standard, blanks and duplicates into the sample stream.

About White Gold Corp.

The company owns a portfolio of 22,040 quartz claims across 35 properties covering over 439,000 hectares representing over 40 per cent of the Yukon's White Gold district. The company's flagship White Gold property has a mineral resource of 1,039,600 ounces indicated at 2.26 g/t Au and 508,700 ounces Inferred at 1.48 g/t Au. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the company's claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Goldcorp Corp. with a measured and indicatd gold resource (2) of 3.4 million ounces and Western Copper and Gold Corp.'s Casino project which has proven and probable gold reserves (2) of 8.9 million oz Au and 4.5 billion pounds Cu.

Qualified person

Jodie Gibson, PGeo, vice-president of exploration for the company, is a qualified person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects, and has reviewed and approved the content of this news release.

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