White Gold Launches Largest Drill Push

White Gold Launches Largest Drill Push

North of 60 Mining News (Mining News North)
North of 60 Mining News (Mining News North)May 28, 2026

Why It Matters

The drill campaign could substantially boost White Gold’s gold reserves and unlock additional mineral opportunities, enhancing its valuation and positioning it as a leading player in Yukon’s emerging mining sector.

Key Takeaways

  • Three rigs target four flagship gold deposits for expansion
  • 35.2M t indicated, 32.2M t inferred, 3 M oz gold
  • Spin‑off creates W2 Critical Minerals for copper, molybdenum assets
  • Preliminary economic assessment slated for near‑term release
  • Discovery work targets VG East, Golden Saddle 2.0, Ulli’s Ridge

Pulse Analysis

Yukon's White Gold District has long been a magnet for exploration due to its high‑grade, near‑surface gold systems. White Gold Corp controls roughly 40% of this district within a 305,102‑hectare land package, giving it a strategic foothold in an area where infrastructure is improving and permitting timelines are shortening. The company’s flagship project, located 95 km south of Dawson City, already hosts over three million ounces of gold in indicated and inferred categories, placing it among Canada’s most promising undeveloped open‑pit resources.

The 2026 drill campaign marks the most ambitious effort in White Gold’s history, deploying three rigs to conduct resource‑growth drilling at the Golden Saddle, Arc, Ryan’s Surprise, and VG deposits while simultaneously testing discovery‑stage targets such as VG East and Golden Saddle 2.0. By focusing on near‑surface extensions and new mineralized corridors, the program aims to add ounces to the existing resource base and potentially identify new deposits. Parallel to field work, the firm is preparing a maiden preliminary economic assessment, which will provide a financial framework for the project and could catalyze financing or partnership opportunities.

Beyond gold, White Gold is separating its critical‑mineral portfolio—copper, molybdenum, tungsten—into the newly formed W2 Critical Minerals Corp. This spin‑off aligns with growing demand for battery and clean‑energy metals, offering investors exposure to both precious and strategic commodities. The combined effect of expanded gold resources, an upcoming PEA, and a dedicated critical‑minerals vehicle positions White Gold to attract a broader investor base and could accelerate its path toward production, making 2026 a pivotal year for the company.

White Gold launches largest drill push

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