Drills tap gold in new JP Ross targets

North of 60 Mining News – January 10, 2020

 

Last updated 9/26/2020 at 11:39am

Shane Lasley

The Yukon River cuts through a region of the Yukon were White Gold Corp. has identified numerous gold prospects and deposits, including several new targets on its JP Ross property.

White Gold Corp. Jan. 9 announced that rotary air blast (RAB) has confirmed robust bedrock gold mineralization at several targets beyond the high-grade Vertigo discovery on the road accessible JP Ross property about 60 kilometers (37 miles) southeast of Dawson City, Yukon.

The company completed 1,644 meters of RAB drilling in 27 shallow holes that tested outlying prospective areas at Vertigo and several other nearby targets. The targets were generated from the company's systematic drill target exploration – soil sampling, prospecting and mapping, GT Probe sampling, trenching and geophysics.

This methodology lead to the high-grade gold discoveries at Vertigo and Titan, which lies about 12 kilometers (7.5 miles) east on the neighboring Hen property.

Now, RAB has cut high-grade gold at four new drill targets – Stage Fright, North Frenzy, Sabotage, Lifeboat – near the Vertigo and Titan discoveries. These targets have unique geochemical signatures and distinct geologic anomalies and include the Vertigo and several others.

Stage Fright encompasses multiple gold-in-soil anomalies covering a 2,700- by 400-meter area about 9.2 kilometers (5.7 miles) northwest of Vertigo. The company narrowed down RAB drill targets with surface and GT Probe (which collects samples at the soil-bedrock interface) sampling. The highest-grade prospecting sample collected from Stage Fright contained 94.2 grams per metric ton gold.

One of the 2019 RAB holes drilled at Stage Fright, JPRSF19RAB-005, cut 16.8 meters averaging 2.31 g/t gold from a depth of 30.5 meters, including 4.6 meters of 5.44 g/t gold.

JPRSF19RAB-004, drilled 250 meters northwest of JPRSFRAB19-005, cut 13.72 meters of 0.2 g/t gold from a depth of 67.1 meters.

Sampling at Sabotage, which is 7.8 kilometers (4.8 miles) northwest of Vertigo and about 2.5 kilometers (1.5 miles) southeast of Stage Fright, identified multiple zones of anomalous gold in soils over a 5,800- by 3,600-meter northeast trending area. The 2019 RAB drilling focused on the central portion of this target area.

The best RAB hole reported so far from Sabotage, JPRSAB19RAB-011, cut 7.6 meters of 3.42 g/t gold from a depth of 6.1 meters.

White Gold said the results from this drilling and the other work it has completed in the area suggest that the gold at Sabotage is associated with increased lead, arsenic and silver values in an underexplored northwest trending system that remains open in multiple directions.

The North Frenzy prospect is a subset of the larger Frenzy target, which encompass multiple north trending soil anomalies covering a 3,400- by 2,700-meter area about 8.5 kilometers (5.3 miles) north of Vertigo and east of Stage Fright.

One 2019 RAB hole drilled at North Frenzy, JPRNF19RAB-002, cut 4.57 meters of 5.45 g/t gold from a depth of 13.72 meters, including 1.52 meters of 12.95 g/t gold.

This hole targeted a 1,100-meter-long north trending structure identified in geophysical surveys, soil sampling, GT probe sampling, prospecting, and trenching.

White Gold's 2019 RAB drilling also hit gold at Lifeboat, a 450- by 500-meter gold-in-soil anomaly between Sabotage and Frenzy.

Hole JPRLB19RAB-001 cut 3.1 meters of 5.41 g/t gold from a depth of 3.1 meters at Lifeboat.

The company said Lifeboat is open for additional drilling to the east toward Frenzy and west toward Sabotage.

White Gold also completed additional RAB drilling at Vertigo, including one hole that discovered a new east-west structure about 150 meters south of the main Vertigo target. This hole, JPRVER19RAB-022, cut 3.1 meters of 6.33 g/t gold from a depth of 62.5 meters, including 1.5 meters of 11.5 g/t gold.

The company said the gold mineralized system at Vertigo appears to have been cut by at least three northeast trending structures that have locally truncated and offset the mineralization.

White Gold Corp.

"We are very excited by these new discoveries in such close proximity to the Vertigo and Titan in our initial drill campaign on these targets. These drill results continue to validate the abundance of high-grade mineralization on the road accessible JP Ross Property, and the regional scale of the mineralized system," said White Gold Chief Technical Officer Shawn Ryan. "Furthermore, the quick and accurate delineation of these anomalies through our disciplined and systematic exploration methodologies including detailed soil sampling, GT probe, trench, prospecting and geophysical evaluation is a testament to our scientific and data driven approach and provides additional confidence in the prospectivity for our follow up exploration on these and our many other regional targets."

White Gold's C$13 million 2019 exploration program in the Yukon was backed by partners Agnico Eagle Mines Ltd. and Kinross Gold Corp. This work included diamond drilling at Vertigo target and Golden Saddle, two of its most advanced deposits in the White Gold District, as well as the company's systematic earlier staged exploration at multiple targets across the company's 422,730-hectare (more than 1 million acres) land package located in Yukon's White Gold District.

–SHANE LASLEY

 

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