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White Gold Corp Extends VG Deposit Mineralization in QV Property-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
3/3/2020 fastener expo |
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White Gold Corp announced positive RC drill results on its recently acquired VG Deposit located on the QV Property. The drilling extended known mineralization which remains open in all directions and shows similarities to the nearby Golden Saddle deposit. The QV Property was acquired in early 2019 and contains the VG Deposit, which hosts an historic inferred gold resource of 230,000 oz at 1.65 g/t Au and several highly prospective undrilled targets in close proximity. The QV Property is historically underexplored and demonstrates strong similarities and prospective geology as that found on both the White Gold and JP Ross properties. Drilling in 2019 was designed to step-out on the VG deposit along strike to the NE and SW, and to infill gaps in the deposit’s historic resource model. The Company’s fully-funded $13 million 2019 exploration program, backed by partners Agnico Eagle Mines Limited and Kinross Gold Corp, includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe sampling, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.
Highlights Include:
QV Property was acquired in early 2019 and includes the VG Deposit which hosts a historic Inferred gold resource of 230,000 oz at 1.65 g/t Au. The property has geologic similarities to both the newly discovered Vertigo target as well as the Company’s flagship White Gold property which has a mineral resource of 1,039,600 ounces Indicated at 2.26 g/t Au and 508,700 ounces Inferred at 1.48 g/t Au. The QV is vastly underexplored and a high priority for follow-up exploration.
2019 activity included 870m of RC drilling across 8 holes, designed to step-out along the strike of the deposit to the NE and SW, and to infill gaps in the deposit’s historic resource model. LiDAR was also completed over the southern portion of the property and a total of 1,466 soil samples were collected.
Golden Saddle style gold mineralization was intercepted in every hole at the VG deposit. Results confirmed continuity of mineralization and extended the current deposit limits. The VG deposit remains open in both directions along strike and downdip.
2019 Drill highlights include QVVGRC19-005 which intercepted 50.3m of 2.07 g/t Au, QVVGRC19-007 intercepting 38.10m of 1.97 g/t Au, QVVVGRC19-006 intercepting 36.58m of 1.42 g/t Au, QVVVGRC19-002 intercepting 33.54m of 1.09 g/t Au, and QVVVGRC19-001 intercepting 10.67m of 2.09 g/t Au.
Multiple underexplored, high-priority targets exist surrounding the VG resource on the QV property, including the Tetra, Shadow and Stewart gold targets, which warrant follow-up exploration based on exploration performed to date.
緊固件展-2020第二十一屆廣州國(guó)際緊固件及設(shè)備展覽會(huì)-巨浪展覽
-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
- Fastener exhibition,2020 Fastener exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2020 Fastener expo, China Fastener expo, Guangzhou Fastener expo
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