White Gold Corp. Welcomes Federal Nation-Building Investments and Support for Resource Development in Yukon
November 19, 2025
White Gold Corp. Welcomes Federal Nation-Building Investments and Support for
Resource Development in Yukon
TORONTO, November 19, 2025 – White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W ) (the "Company")
welcomes the Government of Canada’s announcement of the second tranche of nation -building projects under
Budget 2025: Canada Strong. This new tranche in federal commitments across infrastructure, clean energy, and
resource-corridor development – reinforces Canada’s long-term strategy to unlock northern mineral potential and
strengthen domestic supply chains.
Importantly, the Prime Minister confirmed that the Northwest Critical Conservation Corridor in Northwest British
Columbia and the Yukon has now been formally referred to the Major Projects Office (MPO) . According to the
announcement, this corridor “sits atop vast deposits of critical minerals and has the potential to unlock world-class
resources,” underscoring the Yukon’s strategic role in Canada’s mineral future.
The continued release of major project investments – first in September and now again in November – demonstrates
a clear and sustained federal commitment to advancing responsible resource development across Canada, with the
Yukon repeatedly highlighted as a region of national strategic importance.
White Gold also congratulates the Yukon’s new Premier following the recent territorial election and looks forward
to continued collaboration with the Government of Yukon, First Nations governments, and local communities under
this renewed mandate.
“These recent announcements reinforce what we and many others in the industry have long believed: the Yukon is
one of Canada’s most important mineral jurisdictions,” said David D’Onofrio, Chief Executive Officer. “As the federal
government prioritizes acce ssing Canada’s vast mineral wealth, infrastructure, and northern development,
companies in the Yukon are exceptionally well positioned to contribute to Canada’s economic and strategic goals.”
Federal Support Strengthens the Outlook for Yukon Exploration
The federal announcement emphasizes three priorities that directly support resource development in the Yukon:
• Modern Infrastructure to Unlock Northern Resources:
The federal announcement explicitly references the Northwest Critical Conservation Corridor, which spans
Northwest B.C. into the Yukon and covers areas hosting significant gold and critical -mineral potential. The
Prime Minister noted that “ infrastructure investments under this strategy also link clean electricity to
Canada’s ability to export LNG,” and that extending transmission northwards “can also power the Yukon and
unlock additional resources .” These measures could meaningfully improve long -term energy security and
operating conditions for Yukon-based projects.
• Acceleration Through the Major Projects Office:
By referring the Northwest Critical Conservation Corridor to the MPO, the federal government has signaled
its intent to fast -track federal coordination for projects with the potential to unlock large -scale mineral
development across the Yukon and Northwest B.C.
• Critical Minerals as a Strategic National Priority:
The announcement highlights the Yukon -B.C. Grid Connect as a key component of Canada’s long -term
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energy and critical -minerals strategy. The government emphasized that “ connecting the Yukon’s isolated
electrical grid to the Canadian grid through B.C. will increase energy security and provide clean power to
communities in Canada’s Northwest corridor,” reducing reliance on diesel and creating conditions supportive
of new mineral development.
White Gold’s Yukon Portfolio Strategically Located Within a Growing National Priority
White Gold controls a district scale 20+ property portfolio across the White Gold District of west -central Yukon – a
very prospective and underexplored gold & other mineral camp. The Company’s properties are situated in areas that
stand to benefit meaningfully from future infrastructure investments, clean -power initiatives, and enhanced
regulatory coordination.
These federally recognized initiatives – including the Northwest Critical Conservation Corridor and the proposed
Yukon-B.C. Grid Connect – strengthen the long-term operating environment for explorers such as White Gold whose
district-scale portfolio lies within one of Canada’s most significant emerging mineral corridors.
Positioned for Growth as Yukon’s Resource Landscape Evolves
The Company believes the combined effect of:
• the federal government’s nation-building infrastructure commitments,
• the MPO’s mandate to streamline major project developments, and
• a new territorial government focused on economic growth and community partnership.
creates a highly constructive environment for mineral exploration and development over coming decades.
White Gold will continue advancing its fully funded 2025-2026 exploration plans, including drilling at flagship assets
such as Golden Saddle, Arc, Ryan’s Surprise, VG, and multiple prospective regional gold and critical mineral targets.
Resources & Opportunities in the White Gold District
West-central Yukon is host to several prospective gold and critical mineral districts, including the White Gold ,
Dawson Range, Klondike, and Sixty Mile districts. The Klondike was the epicenter of the historic Klondike Gold Rush
in 1896, with over 20 million ounces of placer gold production having been reported in the region since that time.
The Company’s property portfolio , which covers large portions of the White Gold District, was assembled by
renowned prospector Shawn Ryan , and represents the largest claim package in the region . The district scale
portfolio includes the Company’s flagship White Gold project that hosts four near -surface gold deposits which
collectively contain 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) (1), with significant expansion potential on the resource itself and in the immediately surrounding area.
All four of White Gold’s near -surface deposits, which form the White Gold Project , are interpreted to represent
structurally controlled orogenic gold systems.
Regional exploration work has also produced several other new discoveries and prospective targets on the
company's claim packages . Two significant advanced -stage projects border the Company’s claims to the south
including:
• The Coffee Project, owned by Newmont Corporation (TSX: NGT, NYSE: NEM) and which Newmont has
entered into an agreement to sell to Fuerte Metals Corp. , hosts Measured and Indicated Resources of 80
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Mt grading 1.15 g/t Au for 2.96 million ounces of gold, and Inferred Resources of 21.2 Mt grading 1.17 g/t
Au for 0.80 million ounces gold(1) (2).
• The Casino Project, owned by Western Copper and Gold Corporation (TSX: WRN, NYSE: WRN), contains
Measured and Indicated Resources of 2,490.7 Mt grading 0.18 g/t Au, 0.14% Cu for 14.8 million ounces of
gold and 7.6 billion pounds of copper, and Inferred Resources of 1.4 Mt grading 0.14 g/t Au, 0.14% Cu for
6.3 million ounces of gold and 3.1 billion pounds of copper(3)(2).
The region has seen significant investment by major mining companies in recent years, and the Yukon is consistently
ranked among the top global mining jurisdictions on the Fraser Institute’s Investment Attractiveness Index.
Other Matters
The Company has engaged Departures Capital Inc. (“DC”) effective November 19, 2025 , to provide marketing and
investor relation services designed to enhance White Gold’s investor visibility and awareness. The total contract
value is C$15,000 for a period of six months, payable in advance of services. Departures Capital is at arm’s length
to White Gold, and to the Company’s knowledge, neither Departures Capital nor its principals have any present
interest, directly or indirectly, in White Gold’s securities, nor any right or intent to acquire such an interest.
Departures Capital Inc. can be reached at:
#1500 – 409 Granville Street, Vancouver, British Columbia V6C 1T2
Tel: (519) 590-6985
Email: [email protected]
About White Gold Corp.
The Company owns a portfolio of 15,364 quartz claims across 21 properties covering 305,102 hectares (3,051 km2)
representing approximately 40% of the Yukon’s emerging White Gold District. 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 and 1,265, 900 ounces of gold in Inferred Resources(1). Regional explorati5n work has also
produced several other new discoveries and prospective targets on the Company’s claim packages which border
sizable gold discoveries including the Coffee Project, owned by Newmont Corporation (TSX: NGT, NYSE: NEM) and
which Newmont has entered into an agreement to sell to Fuerte Metals Corp., hosts Measured and Indicated
Resources of 80 Mt grading 1.15 g/t Au for 2.96 million ounces of gold, and Inferred Resources of 21.2 Mt grading
1.17 g/t Au for 0.80 million ounces gold(2)(3), and Western Copper and Gold Corporation’s Casino project which has
Measured and Indicated Resources of 2,490.7 Mt grading 0.18 g/t Au, 0.14% Cu for 14.8 million ounces of gold and
7.6 billion pounds of copper, and Inferred Resources of 1.4 Mt grading 0.14 g/t Au, 0.14% Cu for 6.3 million ounces
of gold and 3.1 billion pounds of copper(4)(3). For more information visit www.whitegoldcorp.ca.
(1) See White Gold Corp. technical report titled “2025 Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, Effective
Date August 19, 2025 , Report Date August 19, 2025 , NI 43 -101 Compliant Technical Report prepared by Dr. Gilles Arseneau, P.Geo. of
ARSENEAU Consulting Services Inc. (“ACS”), available on SEDAR+.
(2) See Fuerte Metals Corp. technical report titled “NI 43-101 Technical Report for the 2025 Mineral Resource Estimate Update on the Coffee
Gold Project, Yukon, Canada”, Effective Date August 21, 2025, Report Date October 6, 2025, NI43-101 Compliant Technical Report prepared
by Alan J. San Martin, P.Eng., Andy Holloway, P. Eng., Charley Murahwi, P.Geo., FAusIMM., available on SEDAR+
(3) The QP has been unable to verify the information. The information is not necessarily indicative to the mineralization on th e properties
that are subject of the disclosure
(4) See Western Copper and Gold Corporation technical report titled “Casino project, Form 43 -101F1 Technical Report Feasibility Study,
Yukon Canada”, Effective Date June 13, 2022, Issue Date August 8, 2022, NI 43-101 Compliant Technical Report prepared by Daniel Roth, PE,
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P.Eng., Mike Hester, F Aus IMM, John M. Marek, P.E., Laurie M. Tahija, MMSA-QP, Carl Schulze, P.Geo., Daniel Friedman, P.Eng., Scott Weston,
P.Geo., available on SEDAR+.
Cautionary Note Regarding Forward Looking Information
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-
looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other
than statements of historical fact, are forward-looking statements and are based on expectations, estimates and
projections as at the date of this news release. Any statement that involves discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not
always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”,
“plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such
words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be
taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this
news release, forward -looking statements relate, among other things, the Company’s objectives, goals and
exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential
of the Company, including whether any proposed exploration programs at any of the Company’s properties will be
successful; exploration results; and future exploration plans and costs and financing availability.
These forward -looking statements are based on reasonable assumptions and estimates of management of the
Company at the time such statements were made. Actual future results may differ materially as forward -looking
statements involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to materially differ from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such factors, among other things, include:
The expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the
White Gold properties; the receipt of all applicable regulatory approvals for the Offering; failure to identify any
additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results;
uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration
programs on the Company’s properties; business in tegration risks; fluctuations in general macroeconomic
conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or
certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar
exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or
economic developments; risks and hazards associated with the business of mineral exploration, development and
mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave -
ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and
regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with
and claims by local communities and indigenous populations; availability of increasing costs associated with mining
inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining
necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are
explored are ultimately developed into producing mines; geological factors; actu al results of current and future
exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being
preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties;
ongoing uncertainties relating to the COVID -19 pandemic; and those factors described under the heading “Risks
Factors” in the Company’s annual information form dated July 29, 2020 available on SEDAR+. Although the forward-
looking statements contained in this news release are based upon what management of the Company believes, or
believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results
will be consistent with such forward-looking statements, as there may be other factors that cause results not to be
as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward -looking
statements and information. There can be no assurance that forward -looking information, or the material factors
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or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not
undertake to release publicly any revisions for updating any voluntary forward -looking statements, except as
required by applicable securities law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news release.
For Further Information, Please Contact:
Contact Information:
David D’Onofrio
Chief Executive Officer
White Gold Corp.
(647) 930-1880
Request Meeting: https://calendly.com/meet-with-wgo/15min