White Gold update ranks third in Yukon

By The Northern Mininer

A resource update for Yukon-focused White Gold’s (TSX.V: WGO; US-OTC: WHGOF) namesake project positions it among the larger undeveloped open-pit gold resources in the territory. Shares rose.

The update raises indicated ounces by 44% to 35.1 million tonnes grading 1.53 grams gold per tonne for 1.73 million oz. over the previous update from last year, the company reported Thursday. Inferred resources grew by 13% to 32.3 million tonnes at 1.22 grams gold for 1.26 million ounces. The project is about 95 km south of Dawson City.