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White Gold's Shawn Ryan: We're Making History in the Yukon

March 13, 2020
by
Investing News
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White Gold's Shawn Ryan: We're Making History in the Yukon

TL;DR

White Gold Corp has consolidated various projects into one massive property in the Yukon, aiming to increase the probability of finding gold deposits. They have made several promising discoveries, including the Titan and Vertigo projects.

Transcript

joining me now is Sean Ryan why gold you're based in the Yukon let's talk a little bit about the company and your property because I'm always fascinated about it tell me a little bit about wait wait Gold Corp is based out of Dawson City or at least that's where we're that's the main claim package yeah and really what we're looking for it's a massiv... Read More

Key Insights

  • 🏅 White Gold Corp has consolidated multiple projects into one property in the Yukon, increasing their chances of finding gold deposits.
  • 🏅 Promising discoveries, such as the Titan and Vertigo projects, have been made, indicating the potential for significant gold deposits in the area.
  • 👍 The company plans to continue exploration and drilling to further develop and prove the size and value of their projects.
  • 😮 The rising price of gold is advantageous for White Gold Corp, as it makes their deposits more economically viable and increases interest from mining companies.
  • 🏅 The Yukon is a mining-friendly jurisdiction, with a long history of gold mining and a supportive government.
  • 🌥️ White Gold Corp's strategy is to isolate their discoveries as standalone assets and attract larger mining companies for future investment and development.
  • 😤 The company has a strong team, including experienced geologists and a new VP, Terry Brace, who brings maturity and expertise to the company.

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Questions & Answers

Q: How did White Gold Corp decide to consolidate their projects into one property in the Yukon?

White Gold Corp consolidated their projects to increase the probability of finding gold deposits. By combining their projects, they believed they would have a higher chance of finding at least one deposit, potentially even two or three.

Q: What is the significance of the Titan discovery?

The Titan discovery is a new gold deposit found in the Yukon, located near Jack London's cabin. It is a promising find and has the potential to spur excitement and further exploration in the area.

Q: What is White Gold Corp's strategy for the next few years?

White Gold Corp's strategy is to continue exploring and drilling in order to make more discoveries. They aim to show the size and merit of their projects and eventually attract larger mining companies to invest in them.

Q: How is the price of gold affecting White Gold Corp's dynamics and level of interest?

The rising price of gold is working in their favor, as it increases the chances of their deposits being economically viable. However, to attract larger mining companies, the deposits would need to reach a certain size, such as two million ounces, which White Gold Corp is working towards.

Summary & Key Takeaways

  • White Gold Corp has combined 20 projects into one property in the Yukon, spanning over a million acres.

  • The company aims to increase their chances of finding gold deposits by consolidating their projects and utilizing new technology.

  • They have made notable discoveries, including the Titan and Vertigo projects, and plan to continue drilling and exploring in the coming years.


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