White Gold (TSXV:WGO) has raised its resource estimate by 41 percent at its flagship White Gold project, located in Yukon’s White Gold district, which company CEO David D’Onofrio says is one of the next major gold fields in Canada.

“We are truly delighted to have announced the achievement of a significant milestone for our company,” said D’Onofrio. “We updated the mineral resource estimate for our flagship white gold project…to include 1.15 million ounces indicated at approximately 2.23 grams (per metric ton) and 950,000 ounces in the inferred category.

“In total, this is about 2.1 million ounces of very excellent grade,” he continued. “It’s primarily an open pittable. It’s an excellent jurisdiction, and in an area that is emerging to be what I think is one of Canada’s next major gold camps.”

Having a bigger resource in the White Gold project is fundamentally a big threshold for the company, according to D’Onofrio.

“I think it is now among one of the largest gold deposits that can be open pitted at such high grades in Canada,” he said. “It really helps validate our thesis early on that there is a tremendous amount of gold in this area. We are literally just scratching the surface. And in a very short time, we have been able to delineate this important gold deposit.”

Watch the full interview with David D’Onofrio, CEO of White Gold, above.

Disclaimer: This interview is sponsored by White Gold (TSXV:WGO). This interview provides information that was obtained by the Investing News Network (INN) and approved by White gold to help investors learn more about the company. White gold is an INN client. Company campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information in this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any of the companies mentioned.

The information contained herein is for informational purposes only and should not be construed as an offer or solicitation for the sale or purchase of any securities. Readers should conduct their own investigation of all publicly available information about the company. Before making any investment decision, it is recommended that readers consult directly with White gold and seek the advice of a qualified investment adviser.

This interview may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, receipt of title deeds, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies on litigation protection for forward-looking statements. Investing in companies comes with uncertainties, as market values ​​can fluctuate.

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