White Gold Corp. Intersects Multiple Zones of Gold Mineralization and Expands the High-Grade Core at Golden Saddle Intersecting 3.23 g/t Gold over 56.1 m and Intersects High Grade Gold on the Arc Deposit Significantly Extending Gold Mineralization by
February 26, 2026
White Gold Corp. Intersects Multiple Zones of Gold Mineralization and Expands the
High-Grade Core at Golden Saddle Intersecting 3.23 g/t Gold over 56.1 m and Intersects
High Grade Gold on the Arc Deposit Significantly Extending Gold Mineralization by
100m Down Plunge
TORONTO, February 26, 2026 – White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W ) (the "Company") is
pleased to report additional assay results from its 2025 diamond drilling program at the flagship Golden Saddle and
Arc deposits, located on the White Gold Property in west -central Yukon (Figure 1 and 2 ). Hole WHTGS25D0216
successfully intersected high-grade gold mineralization, returning 3.23 g/t Au over 56.10 m, expanding the width of
the high-grade core by more than 50m to the west at a vertical depth of 350m, and further demonstrating the
potential for additional growth of the high -grade core in multiple directions . The same hole also intersected the
Footwall breccia zone beneath the current pit shell , confirming continuity of key mineralization, lithology, and
structural features down plunge and along strike . Furthermore, multiple lenses of gold mineralization were
intersected in the shallow hanging wall zone, again further supporting recent 3D modeling refinements that capture
this mineralization in the hanging wall more consistently, and confirming prospectivity of assaying unsampled historic
drill intervals throughout this zone. At the Arc deposit, drilling successfully intersected high grade gold mineralization,
including 2.73 g/t Au over 4.35m in WHTAR25D038, as well as multiple other gold intercepts in parallel mineralized
panels. Prior to this drilling, Arc mineralization was defined along 1.5 km striking northwest to southeast, and only
to an average vertical depth of approximately 120m. These drill results represent the first step in significantly
extending Arc mineralization down plunge, which has now been extended by at least 100 m, with the zone remaining
open for further expansion . These results form part of the Company’s fully funded work program supported by
strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM).
All of the Company’s deposits remain open in multiple directions for further expansion which will be the primary
focus of the Company’s upcoming fully funded 2026 exploration program . The 2026 exploration program is
anticipated to be the largest drill program in the history of the Company and is being designed with the objective of
significantly increasing the size of the Company's known large high -grade gold resource and making new gold and
critical mineral discoveries across the Company's district scale land package. Further details on the 2026 exploration
program will be announced in due course.
The company's flagship White Gold project hosts four near -surface gold deposits, which collectively contain an
estimated 1,732,300 ounces of gold in indicated resources (35.2 million tonnes grading 1.53 grams per tonne gold)
and 1,265,900 ounces of gold in inferred resources (32.2 million tonnes grading 1.22 g/t Au), with significant
expansion potential on the resource itself and in the immediately surrounding area. The Golden Saddle Main Zone
hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred
(1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At 3.0 g/t cut-off, this core contains 695,000 oz Indicated (4.4 Mt @ 4.88g/t
Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au) (see the Company's news release dated October 6, 2025).
In addition to the White Gold project, the Company's district-scale exploration portfolio comprised of 21 properties
includes a robust pipeline of early stage to discovery stage exploration targets, including gold and other critical
minerals. Regional exploration work has also produced several new discoveries and prospective targets on the
Company's claim packages which border other sizable gold deposits including the Coffee project owned by Fuerte
Metals Corporation (TSXV: FMT) and Western Copper and Gold Corporation's (TSX: WRN, NYSE: WRN) Casino project.
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CEO of White Gold Corp., David D’Onofrio stated “These results clearly demonstrate that Golden Saddle and Arc
deposits remain highly expandable with strong and uniquely high-grade gold continuity. Expanding the Golden
Saddle high -grade core and significantly extending the plunge direction at Arc further confirms the geological
modelling and validates our strategy of systematically demonstrating resource growth potential. With a fully funded
2026 exploration program being designed to significantly increase resources and make new discoveries on our
district scale portfolio in the Yukon’s prolific White Gold District, our maiden PEA on track for release in Q2 and
several other near term catalysts, we believe that 2026 has the potential to be a transformative year for White Gold
Corp.”
Dylan Langille, VP of Exploration, added “The 2025 drilling results successfully achieved our stated goals of proving
structural targets and validating recent model refinements as we aim to aggressively grow our total gold resources.
Today’s announcement demonstrates a significant expansion to the width of the high-grade core by 50m to the west
at depth, further validating the potential for additional growth of the high -grade core. As previously released, we
also encountered some of the highest grades to date on the project in 2025 (6.89g/t over 50.2m in hole
WHTGS25D0218A) providing more evidence of the deposit’s unique high-grade potential. At Arc, this was the first
meaningful down -plunge test beneath the current resource envelope and it successfully intersected strong
mineralization as well as several other parallel panels of mineralization . With multiple zones at Golden Saddle, Arc
and our other deposits remaining open and underexplored, we look forward to hitting these deposits with a very
sizable drill program in the coming months, and the Company’s largest program to date, to further increase the size
of the resources and to also drill test other exciting earlier stage targets on our large property package in 2026.”
Highlights:
• WHTGS25D0216 broadens high-grade core at the Golden Saddle main zone by 50m to the west,
intersecting 3.23 g/t Au over 56.10 m at a vertical depth of 350 m (Figure 3 and 4).
• Confirmation of continued mineralization in the footwall breccia with the intersection including the
presence of visible gold.
• Intersection of multiple lenses of mineralization confirms confidence of hanging wall mineralization
recently captured in the new geological model and updated mineral resource estimate. The Hanging Wall
Mineralization will be further supported by a relogging and sampling program of significant amounts of
historical un-assayed core in the vicinity of previously encountered hanging wall mineralization, which will
also aid in the future exploration of these domains at depth.
• 100m down-plunge extension of Arc gold mineralization with an intercept of 2.73 g/t over 4.35 m, paving
the way for significant growth in 2026 along the deposit’s 1.5 km strike length (Figure 5 and 6).
• Given the relatively under drilled nature of each deposit and the understanding of structurally controlled
and hosted orogenic gold deposit models, significant growth potential (Figure 7) remains untested at
depth and along strike.
• Additional exploration results from the Company’s exploration program on its district scale portfolio to be
released in due course.
PDAC 2026
White Gold Corp. will be exhibiting at PDAC 2026 Investors Exchange. Conference attendees are invited to visit the
Company booth to learn more . Management is also participating in the PDAC One on One Meeting Program.
Interested parties are encouraged to book a meeting through the conference portal website below.
Booth Number: 2312
Dates: March 1st to 4th
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Exhibition Hours: 10 a.m. to 5 p.m. ET
One on One Meetings: https://www.precioussummit.com/events/pdac-2026-one-on-one-meeting-
program/
Diamond Drill Program Results
The 2025 diamond drill program on the Golden Saddle deposit was designed to target three zones of mineralization:
the hanging wall, main zone, and footwall. At the Arc deposit drilling was designed to test the down -plunge extent
of gold mineralization below 1 20 m vertical, as well as provide material for metallurgical test work programs as
contribution towards a Preliminary Economic Assessment (PEA), expected to be published in Q2 of 2026.
Table 1: Significant Intervals
Hole ID Zone
From
(m) To (m) Width (m)* Au (g/t)
WHTGS25D0216
Hanging Wall
16.00 18.00 2.00 1.26
70.55 71.30 0.75 2.24
166.00 177.70 5.70 0.71
235.50 239.50 4.00 1.00
251.90 257.00 5.10 0.80
338.00 343.50 5.50 0.95
Main Zone 408.90 465.00 56.10 3.23
474.85 483.50 8.65 0.71
Footwall 527.45 536.30 8.85 1.02
WHTGS25D0217
Main Zone 296.80 300.20 3.40 1.54
Footwall 504.00 506.50 2.50 1.44
519.70 526.70 7.00 0.75
WHTAR25D038 Arz Zone
110.00 112.40 2.40 0.87
117.00 117.70 0.70 1.26
137.50 139.30 1.80 1.61
185.15 189.50 4.35 2.73
WHTAR25D039 Arc Zone 126.90 128.40 1.50 1.95
202.85 203.50 0.65 1.31
*True thickness estimated at 80 – 95% of the reported intervals
Table 2: 2025 Diamond Drill Hole Details
Hole ID Type Azimuth Dip Length UTM E UTM N Target Purpose
WHTGSD25D0216 DDH 163.79 -63.51 629 576216.5 7005606 Golden Saddle Exploration
WHTGSD25D0217 DDH 164.26 -63.18 581 576218.0 7005498 Golden Saddle Exploration
WHTGSD25D0218* DDH 165.50 -71.33 145 576348.6 7005288 Golden Saddle Exploration
WHTGSD25D0218A* DDH 169.78 -71.34 440 576348.6 7005288 Golden Saddle Exploration
WHTAR25D038 DDH 214.39 -46.32 236 577475.4 7004556 Arc Exploration
WHTAR25D038 DDH 219.13 -45.49 221 577441.2 7004642 Arc Exploration
*See Company press release dated November 4, 2025
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Golden Saddle Deposit
The Golden Saddle deposit consists of the GS Main, GS Footwall and GS West zones and together the zones define
mineralization over a 1,500 m strike length and up to a maximum 500 m vertical depth based on drilling done to
date, which continues to remain open for expansion in multiple directions. Gold mineralization at the Golden Saddle
deposit is hosted in a metavolcanic and metaintrusive assemblage broadly consisting of felsic orthogneiss,
amphibolite, and ultramafic units. Gold generally occurs as micron-scale blebs along fractures or encapsulated by
pyrite, and as visible gold (less than 5 mm in size) located as free grains in quartz. Mineralization is present in quartz
veins and stockwork or breccia with disseminated pyrite. Drill hole intersected gold mineralization is spatially co -
incident with structures, or faults which are interpreted to be the primary conduits for hydrothermal fluids
responsible for gold deposition. A series of north-south striking thrust faults and a large east-west strike-slip sinistral
fault act as both mineralizing pathways and controls on the geometry of gold mineralization. The 2025 drilling
program was successful in demonstrating the robust nature of mineralization at all three zones.
Main Zone Mineralization
The Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84
g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At 3.0 g/t cut-off, this core contains 695,000
oz Indicated (4.4 Mt @ 4.88g/t Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au). The intersection of 6.89g/t over
50.2 m in hole WHTGS25D0218A (see Company press release dated November 4, 2025) , infilled a 75 m gap and
increased the grade of this high -grade core. WHTGS25D021 6 released herein, intersected 3.23 g/t over 56.10 m,
extending the high-grade core 50 metres westward at depth and confirming continuity along the interpreted plunge
direction (47° toward 285°). These results demonstrate that the high -grade domain remains open along strike and
down plunge.
Foot Wall Mineralization
The high-grade footwall breccia zone that was previously identified in historic drilling, but remained underexplored,
was intersected by all three 2025 diamond drill holes targeting the Golden Saddle Deposit. Previously released hole
WHTGS25D0218A intersected 6.89 g/t Au over 2.80 m (with roughly 2 m of lost core), while WHTGS25D0216 and
WHTGS25D0217 intersected 1.02 g/t Au over 8.85 m and 0.75 g/t Au over 7.00 m, respectively. The consistent
geological signature — strongly hematized semi -matrix supported breccia with carbonate veining and fracture -
controlled pyrite — confirms the Footwall Zone as a compelling future resource growth target.
Hanging Wall Mineralization
In the Hanging Wall Zone, gold mineralization occurs in quartz -carbonate-sulphide veins contained throughout
strongly oxidized orthogneiss and amphibolite units. Multiple lenses of parallel gold mineralization have been
identified and captured by recent reinterpretation and modelling exercises ( see press release dated August 21,
2025). The three Golden Saddle diamond holes drilled in 2025 have intersected multiple very shallow mineralized
gold domains that strengthen modelled gold wire frames. The Hanging Wall results outlined in Table 1 reiterate the
importance of the relogging and sampling program to be carried out on historic unassayed drill holes.
Arc Deposit
The Arc deposit is located 400 m south of the Golden Saddle and consists of two zones, the Arc Main and Arc Footwall
zones, both with an arcuate shape trending E-W and NW-SE and dipping to the north and north-east at approximately
50 degrees. Mineralization at the Arc is defined along a 1.5km strike length and to an average vertical depth of
approximately 120 m.
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The 2025 diamond drilling program completed the first meaningful down-plunge test of the system, intersecting 2.73
g/t Au over 4.35m 100 m down plunge, extending the vertical depth of mineralization by nearly double the length.
This result opens a substantial vertical growth corridor beneath the existing resource shell. The Arc system remains
open below 120 m vertical depth across its entire 1.5km strike length.
2025 Exploration Program Update
The 2025 exploration season was strategically focused on advancing and expanding the Company’s flagship White
Gold Project, following a renewed emphasis on resource growth opportunities within and adjacent to the existing
deposits. The program has been successful in:
• Testing the continuity, grade and extent of the high -grade main zone of the Golden Saddle Deposit.
Achieving a 50 m expansion to the west at a vertical depth of 350 m with the intersection of 3.23 g/t gold
over 56.10 m.
• Infilled a 75 m gap and increas ed the grade of the Golden Saddle main zone within 150 m of surface,
intersecting one of the best holes to date with WHTGS25D0218A returning 6.89 g/t over 50.1 m (see press
release dated November 4, 2025)
• Confirming the potential for high-grade ore bodies to exist internal to the broader mineralization envelope,
with significant room to test for growth / expansion down plunge and along strike.
• Intersecting high-grade mineralization 100 m down plunge on the Arc Deposit for the first time, breaking
way for significant down=plunge growth along a 1.5 km strike length.
• Delivering material across all four deposits (Golden Saddle, Arc, Ryan’s Surprise, and VG) for metallurgical
test work programs contributing to maiden PEA (Preliminary Economic Assessment) to be release in Q2
2026.
These results validate the technical strategy implemented this year, which targeted the footwall breccia , multiple
hanging wall zones, and high-grade core continuity at Golden Saddle. It has demonstrated the presence of multiple
parallel zones of mineralization that remain open along strike and at depth, supporting confidence for targeted
resource growth. The Company’s Phase II work has also advanced key metallurgical and geotechnical studies across
the Golden Saddle and Arc deposits in preparation for a future preliminary economic assessment (PEA) , while
district-wide data compilation and target generation continued in parallel to define the next pipeline of drill-ready
prospects.
The success of the 2025 drilling reinforces the excellent exploration potential that remains across the White Gold
Project and provides a strong foundation for the Company’s fully funded 2026 exploration program currently being
designed following the completion of a $23 million private placement (see Company press release dated October
15, 2025) . These results mark an encouraging start to the next chapter of systematic resource expansion and
discovery across the Company’s district-scale portfolio in Yukon’s premier mining jurisdiction.
Phase I of the 2025 exploration program is a continuation of the Company’s successful expanded exploration focus
beyond gold, targeting critical metals including copper (Cu), molybdenum (Mo), tungsten (W), antimony (Sb) and
bismuth (Bi) amongst others. Geophysical work was conducted on three of the Company’s highly prospective critical
mineral targets - the Bridget target on the Pedlar Property, the Guilder target of the Loonie Property, and the Mt.
Hart target on the Nolan Property. The program included both gradient and dipole-dipole induced polarization (IP)
surveys designed to refine high-priority porphyry style targets for drill testing. Results on the Bridget target of the
Pedlar property (see Company press release dated December 16, 2025) demonstrated favourable chargeability and
resistivity anomalies favourable for porphyry style mineralization systems residing directly beneath strong surface
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soil geochemistry signatures. Results from the other two properties are expected to be released in the near future.
Preliminary 2026 Outlook
Heading into 2026 with a fully funded exploration program significantly larger than the previous years, the primary
objective remains resource growth and expansion within, adjacent and in close proximity to the Golden Saddle,
Arc, Ryan’s Surprise, and VG deposits. All four deposits remain open for expansion along strike and down -dip. In
addition to resource growth, the company will look to advance discovery-stage targets such as Betty Ford, Vertigo,
and Chris Creek as well as assess high priority early -stage prospects for discovery potential. In addition, the
Company is working toward a maiden Preliminary Economic Assessment on the White Gold Project, expected to be
released in Q2 of 2026.
Resource Growth
All four of White Gold’s near -surface deposits, which form the White Gold Project , are interpreted to represent
structurally controlled orogenic gold systems. These deposits collectively form the Company’s gold resource base
in the heart of its extensive land package and all remain open for expansion . Additional information on each of
these deposits can be found below.
Golden Saddle Deposit
The Golden Saddle contains an open-pit resource of 1.614 M oz Indicated (31.03 Mt @ 1.62 g/t Au) and 268.7 k oz
Inferred (7.84 Mt @ 1.07 g/t Au) defined by 210 drill holes for a total of approximately 61,000 m. Significant growth
opportunity exists with parallel zones of mineralization in the hanging wall and footwall zones, the plunge of the
high-grade ore shoots, and extension along strike toward Golden Saddle West and beyond.
Arc Deposit
The Arc deposit contains 115,800 oz Indicated (4.113 Mt @ 0.88 g/t Au) and 397,000 oz Inferred (12.25 Mt @ 1.01
g/t) across a 1.5 km strike length and down to an average vertical depth of approximately 100 m defined by 73 drill
holes for a total of approximately 15,000 m. Limited drilling on mineralization, particularly below 120 m vertical,
presents an exceptional potential growth opportunity to add additional ounces to the mineral resource estimate.
VG Deposit
The VG deposit is located approximately 85 km south of Dawson City and 11 km north of the Golden Saddle deposit.
Gold mineralization at the VG deposit is hosted in quartz ± carbonate veins, stockwork and breccia zones, and pyrite
veinlets, including cubic pyrite and visible gold, associated with intense -quartz-carbonate-sericite alteration,
pervasive K -spar and hematite emplaced along en -echelon faults or shear zones. Visually, the style of gold
mineralization and alteration appears identical to the Golden Saddle deposit, along with similar dominant host
rocks of biotite-feldspar (± augen)-quartz gneisses.
To date, the VG deposit comprises 296,000 oz Inferred (6.285 Mt @ 1.46 g/t Au) defined by 65 drill holes for a total
of approximately 7,600 m. Gold mineralization is modelled to a maximum vertical depth of 200 m, with the
geometry of the modelled mineralization being cone shaped due to limited drilling across the deposit. A large drill
campaign in 2026 will look to deliver meaningful growth to the existing resource estimate as well as explore
additional targets on the QV Property, including the Chris Creek target.
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Ryan’s Surprise Deposit
Ryan’s Surprise is located 1.5 km west of the Golden Saddle deposit, along a 6.5 km long x 1 km wide north -
northwest trend of anomalous gold and arsenic in soils (“Ryan’s Trend”), which also hosts several other prospective
early-stage targets in close prox imity with significant surface gold mineralization and represent further potential
for expansion of this project. Gold mineralization at the Ryan’s Surprise deposit is primarily hosted within a meta -
sedimentary sequence dominated by banded (graphitic) quar tzite and interbedded pelitic biotite schist cross -cut
by numerous felsic – intermediate dikes and sills . Gold mineralization appears to be focused within breccia and
shear zones that have been affected by hydrothermal alteration and sulphide mineralization.
The mineralization footprint at the Ryan’s Surprise deposit measures approximately 550 m north -south by 500 m
east-west to a vertical depth of 650 m remains open along strike and at depth. To date, the Ryan’s Surprise deposit
contains 280,300 oz Inferred (5.693 Mt @ 1.53 g/t Au) defined by 35 drill holes for a total of approximately 8,370
m.
Overall, given the relatively under drilled nature of each deposit and the understanding of structurally controlled
and hosted orogenic gold deposit models, significant growth potential remains untested at depth and along
strike.
Discovery-Stage Projects
QV Property and Chris Creek Target
The Chris Creek target forms a 2.2 km+ long east-northeast trending gold-in-soil anomaly, located approximately 9
km northwest of the VG deposit and appears to be similar geochemically to the Company’s VG and Golden Saddle
deposits. The anomaly was origina lly identified in 2023 and follow -up exploration work early in the 2024 field
season included infill and extension soil sampling, rock sampling, and 2D inversions of ground VLF-EM survey lines.
A maiden 2024 diamond drill program at Chris Creek identified a broad zone of gold mineralization dipping
moderately (30°) to the NNW (see Company press release dated February 27, 2025) . The geological features of
Chris Creek closely resemble those of the Golden Saddle and VG deposits, all of which remain open for expansion.
At Golden Saddle and VG, gold is hosted within brittle -ductile fault zones, quartz vein breccias, and stockwork
veining, like the structures seen at Chris Creek. Initial rock sampling results suggest Chris Creek shares many of the
same features as the Golden Saddle and VG deposits. The strong similarities between Chris Creek, which remains
underexplored and open for expansion, and the established Golden Saddle and VG deposits, represent substantial
potential for future discoveries within the Chris Creek system. With multiple mineralization styles (Au-Te-Ag, As-Sb,
Mo-bearing quartz-carbonate veins, and skarn) across a large structural corridor, there is significant opportunity
for continued geophysical surveys, trenching, and drilling to further define and expand the mineralized zones.
Betty Property
The Betty Property represents one of the Company’s most strategically positioned and geologically compelling
discovery-stage assets in the White Gold District. Located along the eastern strike extension of the Coffee Creek
Fault — the principal structural control on Fuerte Metals’s multi-million-ounce Coffee deposit — Betty occupies a
highly prospective corridor between the Coffee gold deposit and Western Copper and Gold’s Casino porphyry
system.
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Drilling at the Betty Ford target which is located in close proximity to the Coffee Project has consistently returned
broad zones of near -surface high grade gold mineralization hosted within polylithic breccia units along east -west
splay structures related to the Coffee Creek Fault. Recent diamond drilling has delivered multiple significant
intercepts including:
• 3.38 g/t Au over 53 m
• 2.96 g/t Au over 46.5 m including 5.03 g/t Au over 25 m
• 5.04 g/t Au over 20.85 m
• 3.46 g/t Au over 50 m
• 8.94 g/t Au over 18.29 m
Mineralization remains open for expansion, with gold traced approximately 175 m along strike and to 75 m vertical
depth to date. The scale and consistency of near-surface mineralization suggest strong potential for a bulk-tonnage
style system with room for expansion.
Beyond Betty Ford, the property hosts multiple additional high-priority targets including Betty Ford West, Mascot,
Black Betty, and Betty White East — each defined by strong gold-in-soil anomalies and structural controls along the
Coffee Creek Fault corridor.
The Betty Property offers exposure to multiple deposit styles including orogenic gold, intrusion -related gold
systems, and porphyry copper -gold mineralization, positioning it as a potential new district -scale discovery
opportunity within the Company’s broader land package.
Vertigo Target
The Vertigo target, located on the JP Ross property approximately 75 km south of Dawson City, represents an
advanced discovery-stage gold system characterized by multiple mineralized structures over a 1.5 km by 650 m
corridor.
Vertigo comprises at least six west -northwest striking, steeply south -dipping mineralized structures consisting of
quartz veining, brecciation, and fracture -controlled sulphide mineralization including arsenopyrite, galena, and
pyrite with locally visible gold.
Historical RAB and RC drilling has returned significant near-surface high-grade intercepts including:
• 23.44 g/t Au over 24.38 m from surface
• 9.46 g/t Au over 22.86 m from surface
• 14.23 g/t Au over 6.10 m
• 8.11 g/t Au over 18.29 m
More recently, diamond drilling confirmed the presence of broader bulk-tonnage style mineralization, including:
• 1.4 g/t Au over 58.4 m, including 9.10 g/t Au over 2.85 m and 6.68 g/t Au over 4.80 m
Structural reinterpretation has identified multiple vein arrays with varying orientations, suggesting previous drilling
only partially tested the system. The target remains largely shallow -tested and open along strike and at depth.
Given the combination of high -grade vein zones and emerging bulk -tonnage potential, Vertigo represents a
compelling 2026 drill candidate with significant discovery upside.
Resources & Opportunities in the White Gold District