Yukon gold developer/explorer White Gold (TSX-V:WGO, OTC:WHGOF, FRA:29W) announced that summer 2020 drilling has expanded the strategically important Ryan’s Surprise Target at White Gold’s 100% owned Golden Saddle Project in the Yukon. White Gold hit significant gold mineralization in six out of six holes at Ryan’s Surprise including some notable high-grade intersections in hole 13 (17.40 g/t gold over 3.47 meters), hole 17 (10.96 g/t gold over 3.76 meters), and the juicy headline interval in hole 18 (8.69 g/t gold over 12.30 meters).
It’s important to note that the Ryan’s Surprise discovery is located roughly two kilometers west of the Golden Saddle Deposit. The 250 meter x 130 meter wide area where White Gold has identified significant high grade gold mineralization to date, which remains open in all directions, is situated on 500+ meter long anomaly on a 11 kilometer by 5 kilometer mineralized trend, which hosts several additional prospective targets:
Drill results to date at Ryan’s Surprise which are some of the highest ever on the property are highly encouraging, and this target warrants further drilling in order to continue expanding the mineralized footprint. With roughly 1,780,000 ounces gold averaging more than 2 grams/tonne at the nearby Golden Saddle, ARC and VG Deposits a resource at Ryan’s Surprise would contribute meaningfully to the economics of any future mine at Golden Saddle.
White Gold is tapping into something potentially very big along this Ryan’s Surprise structural corridor, and it doesn’t require a huge leap to consider the possibility of a global resource at Golden Saddle (including Ryan’s Surprise, VG, and Arc) eventually reaching 3,000,000+ ounces of gold as White Gold steps out along strike and at depth. The Golden Saddle project already ranks amongst Canada’s top exploration-stage gold deposits with respect to grade and resource size and any additional gold ounces at Ryan’s Surprise would further add economic value to the asset.
White Gold CEO David D’Onofrio stated:
“We are very pleased to have encountered additional high-grade mineralization at the Ryan’s Surprise in new zones and extensions to previously encountered mineralization in multiple directions. These results and the close proximity to our established resources provides further evidence of the growth potential of these projects. We are also further encouraged by the prospectively of the other targets in this area which share geological and other characteristics with this recent discovery,”
White Gold has executed an extensive exploration program this year and we can expect a steady stream of results as assays return from the lab over the next few months.
White Gold also completed diamond drilling and RAB drilling at the Titan Target, which delivered more than six meters of 72+ grams/tonne gold in a RAB hole last summer. There will also be extensive trenching results from the Vertigo Discovery and other targets on the JP Ross Property and lots of other exploration on other high priority properties in the company’s vast portfolio.