Author: White Gold Corp.

TORONTO, ON / ACCESS Newswire / March 12, 2026 / White Gold Corp. (TSXV:WGO)(OTCQX:WHGOF)(FRA:29W) (the “Company“) is pleased to announce the discovery of copper mineralization at the newly identified Lost Pup target on its 100% owned Hen Property in west-central Yukon, Canada. Initial bedrock sampling from the showing, which was initially exposed by placer mining operations, returned values up to 0.96% Copper (Cu), with additional samples grading 0.94%, 0.61% and 0.52% Cu from chalcopyrite-bearing quartz veins and fracture zones.

The Lost Pup showing is located 4 km southeast of the Company’s Titan target, where historic drilling has returned high-grade gold intercepts including 37.4 g/t Au over 1.5m within a broader interval of 9.48 g/t Au over 6.25m in diamond drilling. Both Lost Pup and Titan are situated along a 6km long NNW-SSE oriented structural thrust corridor coincident with a prominent regional magnetic gradient, suggesting a district-scale mineralized trend with significant potential for both high-grade gold and large-scale copper-gold Minto systems which also hosts the Titan, Guilder and other known targets.

The discovery highlights the potential for intrusive-related copper mineralization along the Titan structural corridor within the Hen property.

David D’Onofrio, CEO, commented, “The discovery of high-grade copper mineralization at Lost Pup is an exciting new development, and yet another example of the abundant opportunities, in addition to the Company’s large and growing high grade gold resource, within our truly district scale property portfolio comprised of 21 properties covering over 300,000 hectares in the prolific and under explored White Gold District, which is now seeing a renaissance of interest based on recent exploration success and the advancement of significant projects in the area. The discovery’s location along the same mineralized corridor as our high-grade Titan gold discovery makes it even more significant. The combination of high-grade gold, widespread copper mineralization, and a classic porphyry geochemical signature provides compelling evidence that this structural trend is a major mineralizing system. This new discovery expands the footprint of this system and underscores the vast potential of the Hen property, which is ideally located in the heart of the White Gold District.”

Highlights

• New High-Grade Copper Discovery: New “Lost Pup” showing discovered on the HEN property with rock samples assaying up to 0.96% Cu, with additional samples grading 0.94%, 0.61% and 0.52% Cu.

• Minto Copper System Signatures: Mineralization is hosted in chalcopyrite-bearing quartz veins and fracture zones with azurite and malachite exposed in creek outcrop (See Figure 6). Previous drilling at the Titan target also confirmed the presence of significant copper-gold porphyry system mineralization in the area.

• Proven High-Grade Gold Corridor: The showing lies on the same structural trend as the Titan target, where past drilling returned 9.48 g/t Au over 6.26 m, including 37.4 g/t Au over 1.5 m (HENTTN20D-003)

• Polymetallic Signature: The mineralized system at Titan displays a strong copper, gold, bismuth (Bi), and molybdenum (Mo) geochemical signature, which is characteristic of a large-scale intrusion-related gold system. The Lost Pup showing exhibits a similar Cu-Ag-Bi signature, with samples assaying up to 15.1 g/t silver (Ag), strengthening its connection to the wider mineralizing event.

• Strategic Location: The Titan-Lost Pup corridor is located approximately 900m from a mapped occurrence of the Late Cretaceous Sulphur Creek intrusive suite, which is known to be associated with Cu-Au mineralization across the district, including the Casino and Minto deposits, as well as the Coffee and Golden Saddle deposits. Lost Pup lies along a NNW-SSE thrust corridor associated with a regional magnetic high-low contact, which also hosts the White Gold’s Titan and Guilder targets and other known targets.

• Upcoming Catalysts: Additional results from the Company’s exploration program on its district scale portfolio to be released in due course along with further details on the Company’s planned spinout of its critical mineral assets, Maiden Preliminary Economic Assessment and finalization and announcement of the Company’s 2026 exploration program. The upcoming 2026 program will be largest in the Company’s history and is being designed with the objective of meaningfully increasing the size of the Company’s known large high-grade gold resource and following up on and/or make new gold and critical mineral discoveries across the Company’s district scale land package.

Discovery of the Lost Pup Copper Showing

The Lost Pup showing was identified late in the 2025 exploration program following reports of copper mineralization exposed by placer mining activity within a creek channel on the Hen property. Prospecting and rock sampling confirmed the presence of copper mineralization in altered bedrock exposed in the area (See Figure 6 for Photos of the Rock Samples). The Lost Pup Showing is located approximately 20 km from the company’s flagship White Gold and approximately 20 km from the planned Northern Access Gateway major arterial road (Figure 1). The White Gold project hosts four near-surface gold deposits, which collectively 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), with significant expansion potential on the resource itself and in the immediately surrounding area. The Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At 3.0 g/t cut-off, this core contains 695,000 oz Indicated (4.4 Mt @ 4.88g/t Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au) (see the Company’s news release dated October 6, 2025).

Chip sampling across the exposure returned copper values up to 0.96% Cu, with several additional samples grading 0.94%, 0.61% and 0.52% Cu. The mineralization occurs within quartz veins and fracture zones containing chalcopyrite and pyrite, with abundant secondary copper minerals including malachite and azurite developed in the near-surface oxidation zone.

Several samples also returned elevated silver values of up to 15.1 g/t Ag, which correlate positively with copper and may indicate the presence of primary sulphide mineralization within the system. The mineralization is hosted in structurally controlled quartz veins and fracture zones, and the rock samples also returned minor bismuth and trace molybdenum enrichment, consistent with hydrothermal mineralization potentially related to nearby intrusive rocks.

Structural Setting

The Lost Pup showing is located within a structurally complex area where several regional fault systems converge (Figures 2-5), including the Topaz and Vertigo fault zones, which trend WNW-ESE, and the regional Fright fault zone, which trends northeast-southwest across the district. These structures intersect the NNW-SSE oriented Titan Thrust Zone, which coincides with a prominent regional magnetic high-low contact interpreted from airborne magnetic data.

Several of the Company’s other exploration targets including Guilder, Titan and Lost Pup occur along this NNW-SSE structural corridor, suggesting it may represent a district-scale mineralized trend associated with intrusive activity along the magnetic gradient. Notably, this corridor closely follows a pronounced regional magnetic high-low contact interpreted from airborne magnetic data, suggesting the structure may mark an important lithologic or intrusive boundary that acted as a pathway for hydrothermal fluids.

Copper-gold dominant targets appear to align along this thrust corridor, while several high-grade gold targets occur along intersecting NE-SW fault zones across White Gold’s JPR property, including the Vertigo, Stage Fright, Sabotage, Frenzy and X-Man targets located to the northeast. Additional gold occurrences extend southwest across the Yukon River onto the Company’s QV property, including the Chris Creek, Diego, Shadow and Tetra targets. The Chris Creek target appears to be structurally, geochemically and lithologically similar to the VG and Golden Saddle deposits.

The presence of bismuth associated with several gold targets across the district may indicate a broader intrusive-related hydrothermal system, with structural controls influencing the spatial distribution of copper-rich and gold-dominant mineralization.

Relationship to Sulphur Creek and Long Lake Intrusions

The Lost Pup showing occurs approximately 900m southwest of a mapped occurrence of the Sulphur Creek intrusive suite, which is interpreted to represent part of a Late Cretaceous intrusive event associated with mineralization in the region. The combination of this intrusive suite with regional structural corridors is similar to the geological controls recognized at several deposits across the region, including Golden Saddle (White Gold Corp.), Coffee (Fuerte Minerals TSXV:FMT), Minto (Selkirk Copper (TSXV:SCMI), and Casino (Western Copper & Gold TSX:WRN, NYSE:WRN).

The proximity of the showing to the mapped intrusive occurrence, together with the observed chalcopyrite-bearing quartz veins and associated copper-silver geochemical signature, suggests the Lost Pup mineralization may represent a structurally controlled hydrothermal occurrence related to intrusive activity within the Titan structural corridor.

Exploration Potential

The discovery of copper mineralization at the Lost Pup target highlights the potential for additional copper-bearing systems within the Hen property and supports the prospectivity of the Titan structural corridor and definitely warrants follow up exploration in the upcoming season.

Future exploration work will focus on detailed geological mapping, additional rock and soil geochemical sampling, structural interpretation, integration of geophysical datasets and evaluation of potential drill targets to better understand the extent and controls of mineralization at Lost Pup and along the broader structural corridor.

Qualified Person

Steven Walsh, P.Geo. and Senior Geologist for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

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 resource estimate of 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) (see the Company’s news release dated October 6, 2025)⁽¹⁾⁽²⁾. Regional exploration 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 Fuerte Metals with Measured and Indicated Resources of 80.0.2 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^(3)(2)(4), 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 1,412.5 Mt grading 0.14 g/t Au, 0.10% Cu for 6.3 million ounces of gold and 3.1 billion pounds of copper^(5)(2)(4). For more information visit www.whitegoldcorp.ca.

(1) White Gold Corp. “White Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.22 g/t) at its Flagship White Gold Project, Yukon, Canada” Press Release 6 Oct, 2025. https://www.whitegoldcorp.ca/news/white-gold-corp-files-technical-report-demonstrating-significant-44-increase-in-indicated-resources-to-1732300-oz-gold-352-million-tonnes-grading-153-gt-and-134-increase-in-inferred-resources-to-1265900-oz-gold-322-million-ton.

(2) All numbers are rounded. Overall numbers may not be exact due to rounding.

(3) 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+

(4) The QP has been unable to verify the information. The information is not necessarily indicative to the mineralization on the properties that are subject of the disclosure

(5) 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, 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” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the terms, timing and outcome of the Spin-Out; receipt of the required shareholder, regulatory, court and stock exchange approvals in connection with the Spin-Out; listing of SpinCo shares; the anticipated benefits of the Spin-Out; the entering into of the Arrangement Agreement; the formation of SpinCo; the assets to be transferred to SpinCo in connection with the Spin-Out; and anticipated strategic and growth opportunities. Generally, but not always, forward- looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information and statements are based on numerous assumptions, completion of the Spin-Out, including the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court and shareholder approvals; the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the Spin-Out; that the anticipated benefits of the Spin-Out will be realized; that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: the failure to obtain shareholder, regulatory, court or stock exchange approvals in connection with the Spin-Out; failure to realize the anticipated benefits of the Spin-Out or implement the business plan for SpinCo; the diversion of management time on transaction-related issues; expectations regarding negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, reliance on key management and other personnel, potential downturns in economic conditions, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, and risks generally associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approval.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

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
ir@whitegoldcorp.ca

Request Meeting: https://calendly.com/meet-with-wgo/15min

SOURCE: White Gold Corp.

Related Documents:

• Figure 4
• Figure 5
• Figure 6 – Lost Pup Photos
• Figure 1
• Figure 2
• Figure 3

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / February 26, 2026 / White Gold Corp. (TSX.V:WGO)(OTCQX:WHGOF)(FRA:29W ) (the “Company”) is pleased to report additional assay results from its 2025 diamond drilling program at the flagship Golden Saddle and Arc deposits, located on the White Gold Property in west-central Yukon (Figure 1 and 2). Hole WHTGS25D0216 successfully intersected high-grade gold mineralization, returning 3.23 g/t Au over 56.10m, expanding the width of the high-grade core by more than 50m to the west at a vertical depth of 350m, and further demonstrating the potential for additional growth of the high-grade core in multiple directions. The same hole also intersected the Footwall breccia zone beneath the current pit shell, confirming continuity of key mineralization, lithology, and structural features down plunge and along strike. Furthermore, multiple lenses of gold mineralization were intersected in the shallow hanging wall zone, again further supporting recent 3D modeling refinements that capture this mineralization in the hanging wall more consistently, and confirming prospectivity of assaying unsampled historic drill intervals throughout this zone. At the Arc deposit, drilling successfully intersected high grade gold mineralization, including 2.73 g/t Au over 4.35m in WHTAR25D038, as well as multiple other gold intercepts in parallel mineralized panels. Prior to this drilling, Arc mineralization was defined along 1.5 km striking northwest to southeast, and only to an average vertical depth of approximately 120m. These drill results represent the first step in significantly extending Arc mineralization down plunge, which has now been extended by at least 100 m, with the zone remaining open for further expansion. These results form part of the Company’s fully funded work program supported by strategic partners including Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM).

All of the Company’s deposits remain open in multiple directions for further expansion which will be the primary focus of the Company’s upcoming fully funded 2026 exploration program. The 2026 exploration program is anticipated to be the largest drill program in the history of the Company and is being designed with the objective of significantly increasing the size of the Company’s known large high-grade gold resource and making new gold and critical mineral discoveries across the Company’s district scale land package. Further details on the 2026 exploration program will be announced in due course.

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 (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), with significant expansion potential on the resource itself and in the immediately surrounding area. The Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At 3.0 g/t cut-off, this core contains 695,000 oz Indicated (4.4 Mt @ 4.88g/t Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au) (see the Company’s news release dated October 6, 2025).

In addition to the White Gold project, the Company’s district-scale exploration portfolio comprised of 21 properties includes a robust pipeline of early stage to discovery stage exploration targets, including gold and other critical minerals. Regional exploration work has also produced several new discoveries and prospective targets on the Company’s claim packages which border other sizable gold deposits including the Coffee project owned by Fuerte Metals Corporation (TSXV:FMT) and Western Copper and Gold Corporation’s (TSX:WRN)(NYSE:WRN) Casino project.

CEO of White Gold Corp., David D’Onofrio stated “These results clearly demonstrate that Golden Saddle and Arc deposits remain highly expandable with strong and uniquely high-grade gold continuity. Expanding the Golden Saddle high-grade core and significantly extending the plunge direction at Arc further confirms the geological modelling and validates our strategy of systematically demonstrating resource growth potential. With a fully funded 2026 exploration program being designed to significantly increase resources and make new discoveries on our district scale portfolio in the Yukon’s prolific White Gold District, our maiden PEA on track for release in Q2 and several other near term catalysts, we believe that 2026 has the potential to be a transformative year for White Gold Corp.”

Dylan Langille, VP of Exploration, added “The 2025 drilling results successfully achieved our stated goals of proving structural targets and validating recent model refinements as we aim to aggressively grow our total gold resources. Today’s announcement demonstrates a significant expansion to the width of the high-grade core by 50m to the west at depth, further validating the potential for additional growth of the high-grade core. As previously released, we also encountered some of the highest grades to date on the project in 2025 (6.89g/t over 50.2m in hole WHTGS25D0218A) providing more evidence of the deposit’s unique high-grade potential. At Arc, this was the first meaningful down-plunge test beneath the current resource envelope and it successfully intersected strong mineralization as well as several other parallel panels of mineralization. With multiple zones at Golden Saddle, Arc and our other deposits remaining open and underexplored, we look forward to hitting these deposits with a very sizable drill program in the coming months, and the Company’s largest program to date, to further increase the size of the resources and to also drill test other exciting earlier stage targets on our large property package in 2026.”

Highlights:

• WHTGS25D0216 broadens high-grade core at the Golden Saddle main zone by 50m to the west, intersecting 3.23 g/t Au over 56.10 m at a vertical depth of 350 m (Figure 3 and 4).

• Confirmation of continued mineralization in the footwall breccia with the intersection including the presence of visible gold.

• Intersection of multiple lenses of mineralization confirms confidence of hanging wall mineralization recently captured in the new geological model and updated mineral resource estimate. The Hanging Wall Mineralization will be further supported by a relogging and sampling program of significant amounts of historical un-assayed core in the vicinity of previously encountered hanging wall mineralization, which will also aid in the future exploration of these domains at depth.

• 100m down-plunge extension of Arc gold mineralization with an intercept of 2.73 g/t over 4.35 m, paving the way for significant growth in 2026 along the deposit’s 1.5 km strike length (Figure 5 and 6).

• Given the relatively under drilled nature of each deposit and the understanding of structurally controlled and hosted orogenic gold deposit models, significant growth potential (Figure 7) remains untested at depth and along strike.

• Additional exploration results from the Company’s exploration program on its district scale portfolio to be released in due course.

To view images, please click below:

District Mapping

Topographic Collar Locations

Golden Saddle Main Zone Long Section

Cross Section Hole

Arc Long Section

Cross Section WHTAR25D038_F

Resource Growth Potential

PDAC 2026

White Gold Corp. will be exhibiting at PDAC 2026 Investors Exchange. Conference attendees are invited to visit the Company booth to learn more. Management is also participating in the PDAC One on One Meeting Program. Interested parties are encouraged to book a meeting through the conference portal website below.

Booth Number: 2312
Dates: March 1 ^st to 4 ^th

Exhibition Hours: 10 a.m. to 5 p.m. ET
One on One Meetings: https://www.precioussummit.com/events/pdac-2026-one-on-one-meeting-program/

Diamond Drill Program Results

The 2025 diamond drill program on the Golden Saddle deposit was designed to target three zones of mineralization: the hanging wall, main zone, and footwall. At the Arc deposit drilling was designed to test the down-plunge extent of gold mineralization below 120 m vertical, as well as provide material for metallurgical test work programs as contribution towards a Preliminary Economic Assessment (PEA), expected to be published in Q2 of 2026.

Table 1: Significant Intervals

*True thickness estimated at 80 – 95% of the reported intervals

Table 2: 2025 Diamond Drill Hole Details

Golden Saddle Deposit

The Golden Saddle deposit consists of the GS Main, GS Footwall and GS West zones and together the zones define mineralization over a 1,500 m strike length and up to a maximum 500 m vertical depth based on drilling done to date, which continues to remain open for expansion in multiple directions. Gold mineralization at the Golden Saddle deposit is hosted in a metavolcanic and metaintrusive assemblage broadly consisting of felsic orthogneiss, amphibolite, and ultramafic units. Gold generally occurs as micron-scale blebs along fractures or encapsulated by pyrite, and as visible gold (less than 5 mm in size) located as free grains in quartz. Mineralization is present in quartz veins and stockwork or breccia with disseminated pyrite. Drill hole intersected gold mineralization is spatially co-incident with structures, or faults which are interpreted to be the primary conduits for hydrothermal fluids responsible for gold deposition. A series of north-south striking thrust faults and a large east-west strike-slip sinistral fault act as both mineralizing pathways and controls on the geometry of gold mineralization. The 2025 drilling program was successful in demonstrating the robust nature of mineralization at all three zones.

Main Zone Mineralization

The Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 oz Indicated (12.3 Mt @ 2.84 g/t Au) and 93,000 oz Inferred (1.4 Mt @ 2.03 g/t Au) at a 1.0 g/t cut-off. At 3.0 g/t cut-off, this core contains 695,000 oz Indicated (4.4 Mt @ 4.88g/t Au) and 35,000 oz Inferred (269 kt @ 4.07 g/t Au). The intersection of 6.89g/t over 50.2 m in hole WHTGS25D0218A (see Company press release dated November 4, 2025), infilled a 75 m gap and increased the grade of this high-grade core. WHTGS25D0216 released herein, intersected 3.23 g/t over 56.10 m, extending the high-grade core 50 metres westward at depth and confirming continuity along the interpreted plunge direction (47° toward 285°). These results demonstrate that the high-grade domain remains open along strike and down plunge.

Foot Wall Mineralization

The high-grade footwall breccia zone that was previously identified in historic drilling, but remained underexplored, was intersected by all three 2025 diamond drill holes targeting the Golden Saddle Deposit. Previously released hole WHTGS25D0218A intersected 6.89 g/t Au over 2.80 m (with roughly 2 m of lost core), while WHTGS25D0216 and WHTGS25D0217 intersected 1.02 g/t Au over 8.85 m and 0.75 g/t Au over 7.00 m, respectively. The consistent geological signature – strongly hematized semi-matrix supported breccia with carbonate veining and fracture-controlled pyrite – confirms the Footwall Zone as a compelling future resource growth target.

Hanging Wall Mineralization

Inthe Hanging Wall Zone, gold mineralization occurs in quartz-carbonate-sulphide veins contained throughout strongly oxidized orthogneiss and amphibolite units. Multiple lenses of parallel gold mineralization have been identified and captured by recent reinterpretation and modelling exercises (see press release dated August 21, 2025). The three Golden Saddle diamond holes drilled in 2025 have intersected multiple very shallow mineralized gold domains that strengthen modelled gold wire frames. The Hanging Wall results outlined in Table 1 reiterate the importance of the relogging and sampling program to be carried out on historic unassayed drill holes.

Arc Deposit

The Arc deposit is located 400 m south of the Golden Saddle and consists of two zones, the Arc Main and Arc Footwall zones, both with an arcuate shape trending E-W and NW-SE and dipping to the north and north-east at approximately 50 degrees. Mineralization at the Arc is defined along a 1.5km strike length and to an average vertical depth of approximately 120 m.

The 2025 diamond drilling program completed the first meaningful down-plunge test of the system, intersecting 2.73 g/t Au over 4.35m 100 m down plunge, extending the vertical depth of mineralization by nearly double the length. This result opens a substantial vertical growth corridor beneath the existing resource shell. The Arc system remains open below 120 m vertical depth across its entire 1.5km strike length.

2025 Exploration Program Update

The 2025 exploration season was strategically focused on advancing and expanding the Company’s flagship White Gold Project, following a renewed emphasis on resource growth opportunities within and adjacent to the existing deposits. The program has been successful in:

• Testing the continuity, grade and extent of the high-grade main zone of the Golden Saddle Deposit. Achieving a 50 m expansion to the west at a vertical depth of 350 m with the intersection of 3.23 g/t gold over 56.10 m.

• Infilled a 75 m gap and increased the grade of the Golden Saddle main zone within 150 m of surface, intersecting one of the best holes to date with WHTGS25D0218A returning 6.89 g/t over 50.1 m (see press release dated November 4, 2025)

• Confirming the potential for high-grade ore bodies to exist internal to the broader mineralization envelope, with significant room to test for growth / expansion down plunge and along strike.

• Intersecting high-grade mineralization 100 m down plunge on the Arc Deposit for the first time, breaking way for significant down=plunge growth along a 1.5 km strike length.

• Delivering material across all four deposits (Golden Saddle, Arc, Ryan’s Surprise, and VG) for metallurgical test work programs contributing to maiden PEA (Preliminary Economic Assessment) to be release in Q2 2026.

These results validate the technical strategy implemented this year, which targeted the footwall breccia, multiple hanging wall zones, and high-grade core continuity at Golden Saddle. It has demonstrated the presence of multiple parallel zones of mineralization that remain open along strike and at depth, supporting confidence for targeted resource growth. The Company’s Phase II work has also advanced key metallurgical and geotechnical studies across the Golden Saddle and Arc deposits in preparation for a future preliminary economic assessment (PEA), while district-wide data compilation and target generation continued in parallel to define the next pipeline of drill-ready prospects.

The success of the 2025 drilling reinforces the excellent exploration potential that remains across the White Gold Project and provides a strong foundation for the Company’s fully funded 2026 exploration program currently being designed following the completion of a $23 million private placement (see Company press release dated October 15, 2025). These results mark an encouraging start to the next chapter of systematic resource expansion and discovery across the Company’s district-scale portfolio in Yukon’s premier mining jurisdiction.

Phase I of the 2025 exploration program is a continuation of the Company’s successful expanded exploration focus beyond gold, targeting critical metals including copper (Cu), molybdenum (Mo), tungsten (W), antimony (Sb) and bismuth (Bi) amongst others. Geophysical work was conducted on three of the Company’s highly prospective critical mineral targets – the Bridget target on the Pedlar Property, the Guilder target of the Loonie Property, and the Mt. Hart target on the Nolan Property. The program included both gradient and dipole-dipole induced polarization (IP) surveys designed to refine high-priority porphyry style targets for drill testing. Results on the Bridget target of the Pedlar property (see Company press release dated December 16, 2025) demonstrated favourable chargeability and resistivity anomalies favourable for porphyry style mineralization systems residing directly beneath strong surface soil geochemistry signatures. Results from the other two properties are expected to be released in the near future.

Preliminary 2026 Outlook

Heading into 2026 with a fully funded exploration program significantly larger than the previous years, the primary objective remains resource growth and expansion within, adjacent and in close proximity to the Golden Saddle, Arc, Ryan’s Surprise, and VG deposits. All four deposits remain open for expansion along strike and down-dip. In addition to resource growth, the company will look to advance discovery-stage targets such as Betty Ford, Vertigo, and Chris Creek as well as assess high priority early-stage prospects for discovery potential. In addition, the Company is working toward a maiden Preliminary Economic Assessment on the White Gold Project, expected to be released in Q2 of 2026.

Resource Growth

All four of White Gold’s near-surface deposits, which form the White Gold Project , are interpreted to represent structurally controlled orogenic gold systems . These deposits collectively form the Company’s gold resource base in the heart of its extensive land package and all remain open for expansion . Additional information on each of these deposits can be found below.

Golden Saddle Deposit

The Golden Saddle contains an open-pit resource of 1.614 M oz Indicated (31.03 Mt @ 1.62 g/t Au) and 268.7 k oz Inferred (7.84 Mt @ 1.07 g/t Au) defined by 210 drill holes for a total of approximately 61,000 m. Significant growth opportunity exists with parallel zones of mineralization in the hanging wall and footwall zones, the plunge of the high-grade ore shoots, and extension along strike toward Golden Saddle West and beyond.

Arc Deposit

The Arc deposit contains 115,800 oz Indicated (4.113 Mt @ 0.88 g/t Au) and 397,000 oz Inferred (12.25 Mt @ 1.01 g/t) across a 1.5 km strike length and down to an average vertical depth of approximately 100 m defined by 73 drill holes for a total of approximately 15,000 m. Limited drilling on mineralization, particularly below 120 m vertical, presents an exceptional potential growth opportunity to add additional ounces to the mineral resource estimate.

VG Deposit

The VG deposit is located approximately 85 km south of Dawson City and 11 km north of the Golden Saddle deposit. Gold mineralization at the VG deposit is hosted in quartz ± carbonate veins, stockwork and breccia zones, and pyrite veinlets, including cubic pyrite and visible gold, associated with intense-quartz-carbonate-sericite alteration, pervasive K-spar and hematite emplaced along en-echelon faults or shear zones. Visually, the style of gold mineralization and alteration appears identical to the Golden Saddle deposit, along with similar dominant host rocks of biotite-feldspar (± augen)-quartz gneisses.

To date, the VG deposit comprises 296,000 oz Inferred (6.285 Mt @ 1.46 g/t Au) defined by 65 drill holes for a total of approximately 7,600 m. Gold mineralization is modelled to a maximum vertical depth of 200 m, with the geometry of the modelled mineralization being cone shaped due to limited drilling across the deposit. A large drill campaign in 2026 will look to deliver meaningful growth to the existing resource estimate as well as explore additional targets on the QV Property, including the Chris Creek target.

Ryan’s Surprise Deposit

Ryan’s Surprise is located 1.5 km west of the Golden Saddle deposit, along a 6.5 km long x 1 km wide north-northwest trend of anomalous gold and arsenic in soils (“Ryan’s Trend”), which also hosts several other prospective early-stage targets in close proximity with significant surface gold mineralization and represent further potential for expansion of this project. Gold mineralization at the Ryan’s Surprise deposit is primarily hosted within a meta-sedimentary sequence dominated by banded (graphitic) quartzite and interbedded pelitic biotite schist cross-cut by numerous felsic – intermediate dikes and sills. Gold mineralization appears to be focused within breccia and shear zones that have been affected by hydrothermal alteration and sulphide mineralization.

The mineralization footprint at the Ryan’s Surprise deposit measures approximately 550 m north-south by 500 m east-west to a vertical depth of 650 m remains open along strike and at depth. To date, the Ryan’s Surprise deposit contains 280,300 oz Inferred (5.693 Mt @ 1.53 g/t Au) defined by 35 drill holes for a total of approximately 8,370 m.

Overall, given the relatively under drilled nature of each deposit and the understanding of structurally controlled and hosted orogenic gold deposit models, significant growth potential remains untested at depth and along strike.

Discovery-Stage Projects

QV Property and Chris Creek Target

The Chris Creek target forms a 2.2 km+ long east-northeast trending gold-in-soil anomaly, located approximately 9 km northwest of the VG deposit and appears to be similar geochemically to the Company’s VG and Golden Saddle deposits. The anomaly was originally identified in 2023 and follow-up exploration work early in the 2024 field season included infill and extension soil sampling, rock sampling, and 2D inversions of ground VLF-EM survey lines.

A maiden 2024 diamond drill program at Chris Creek identified a broad zone of gold mineralization dipping moderately (30°) to the NNW (see Company press release dated February 27, 2025). The geological features of Chris Creek closely resemble those of the Golden Saddle and VG deposits, all of which remain open for expansion. At Golden Saddle and VG, gold is hosted within brittle-ductile fault zones, quartz vein breccias, and stockwork veining, like the structures seen at Chris Creek. Initial rock sampling results suggest Chris Creek shares many of the same features as the Golden Saddle and VG deposits. The strong similarities between Chris Creek, which remains underexplored and open for expansion, and the established Golden Saddle and VG deposits, represent substantial potential for future discoveries within the Chris Creek system. With multiple mineralization styles (Au-Te-Ag, As-Sb, Mo-bearing quartz-carbonate veins, and skarn) across a large structural corridor, there is significant opportunity for continued geophysical surveys, trenching, and drilling to further define and expand the mineralized zones.

Betty Property

The Betty Property represents one of the Company’s most strategically positioned and geologically compelling discovery-stage assets in the White Gold District. Located along the eastern strike extension of the Coffee Creek Fault – the principal structural control on Fuerte Metals’s multi-million-ounce Coffee deposit – Betty occupies a highly prospective corridor between the Coffee gold deposit and Western Copper and Gold’s Casino porphyry system.

Drilling at the Betty Ford target which is located in close proximity to the Coffee Project has consistently returned broad zones of near-surface high grade gold mineralization hosted within polylithic breccia units along east-west splay structures related to the Coffee Creek Fault. Recent diamond drilling has delivered multiple significant intercepts including:

• 3.38 g/t Au over 53 m

• 2.96 g/t Au over 46.5 m including 5.03 g/t Au over 25 m

• 5.04 g/t Au over 20.85 m

• 3.46 g/t Au over 50 m

• 8.94 g/t Au over 18.29 m

Mineralization remains open for expansion, with gold traced approximately 175 m along strike and to 75 m vertical depth to date. The scale and consistency of near-surface mineralization suggest strong potential for a bulk-tonnage style system with room for expansion.

Beyond Betty Ford, the property hosts multiple additional high-priority targets including Betty Ford West, Mascot, Black Betty, and Betty White East – each defined by strong gold-in-soil anomalies and structural controls along the Coffee Creek Fault corridor.

The Betty Property offers exposure to multiple deposit styles including orogenic gold, intrusion-related gold systems, and porphyry copper-gold mineralization, positioning it as a potential new district-scale discovery opportunity within the Company’s broader land package.

Vertigo Target

The Vertigo target, located on the JP Ross property approximately 75 km south of Dawson City, represents an advanced discovery-stage gold system characterized by multiple mineralized structures over a 1.5 km by 650 m corridor.

Vertigo comprises at least six west-northwest striking, steeply south-dipping mineralized structures consisting of quartz veining, brecciation, and fracture-controlled sulphide mineralization including arsenopyrite, galena, and pyrite with locally visible gold.

Historical RAB and RC drilling has returned significant near-surface high-grade intercepts including:

• 23.44 g/t Au over 24.38 m from surface

• 9.46 g/t Au over 22.86 m from surface

• 14.23 g/t Au over 6.10 m

• 8.11 g/t Au over 18.29 m

More recently, diamond drilling confirmed the presence of broader bulk-tonnage style mineralization, including:

• 1.4 g/t Au over 58.4 m, including 9.10 g/t Au over 2.85 m and 6.68 g/t Au over 4.80 m

Structural reinterpretation has identified multiple vein arrays with varying orientations, suggesting previous drilling only partially tested the system. The target remains largely shallow-tested and open along strike and at depth. Given the combination of high-grade vein zones and emerging bulk-tonnage potential, Vertigo represents a compelling 2026 drill candidate with significant discovery upside.

Resources & Opportunities in the White Gold District

West-central Yukon is host to several highly prospective mineral districts, including the White Gold , Dawson Range , Klondike , and Sixtymile districts. The Klondike was the epicenter of the historic Klondike Gold Rush in 1896, with over 20 million ounces of placer gold production having occurred 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 contiguous claim package in the region.

Two other significant advanced-stage projects border the Company’s claims to the south:

• The Coffee Project , owned by Fuerte Metals with Measured and Indicated Resources of 80.0.2 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)} . Fuerte recently announced a PEA and intentions to arrive at a construction decision in early 2027. Development of the Coffee project would enhance infrastructure in the district significantly also benefiting White Gold.

• The Casino Project , owned by Western Copper and Gold Corporation (TSX: WRN, NYSE: WRN), containing 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 1,412.5 Mt grading 0.14 g/t Au, 0.10% Cu for 6.3 million ounces of gold and 3.1 billion pounds of copper ⁽⁴⁾⁽³⁾

The region has also seen significant investment by major mining companies in recent years, and the Yukon is consistently highly ranked among the top global mining jurisdictions on the Fraser Institute’s Investment Attractiveness Index .

QA/QC

The diamond drilling on the White Gold Property consisted of NQII size drill core and was cut in half on site using a diamond saw. Analytical work on the half core was performed by Bureau Veritas, an internationally recognized analytical services provider, at its South Vancouver, British Columbia laboratory. Sample preparation was carried out at its Whitehorse, Yukon facility. All diamond drill core samples were prepared using the PRP70-250 package, where samples were weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns. Samples were then analyzed in accordance with BV’s FA430 and MA250 packages, for both gold analysis by fire assay (30g fire assay with AAS finish) and ultra-trace multi-element ICP analysis (0.25g, 4 acid digestion and ICP-MS analysis).

The reported diamond drilling sampling program was completed using industry standard procedures, including a quality assurance/quality control (“QA/QC”) program consisting of insertion of standard, blank, and duplicate samples into the sample stream. BV also runs a comprehensive QA/QC program of standards, duplicates, and blanks within each sample stream.

Qualified Person

Steven Walsh, P.Geo. and Senior Geologist for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

About White Gold Corp.

The Company owns a portfolio of 15,364 quartz claims across 21 properties covering 305,102 hectares (3,051 km ² ) 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 resource estimate of 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) (see the Company’s news release dated October 6, 2025) ⁽¹⁾⁽⁵⁾ . Regional exploration 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 Fuerte Metals with Measured and Indicated Resources of 80.0.2 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 1,412.5 Mt grading 0.14 g/t Au, 0.10% 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) A technical report to support the MRE for the White Gold project, prepared in accordance with NI 43-101, will be filed on SEDAR+ ( https://www.sedarplus.ca /) and the Company’s website ( https://www.whitegoldcorp.ca/ ) within 45 days of the issuance of this news release.

(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 the 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, 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+.

(5) All numbers are rounded. Overall numbers may not be exact due to rounding

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 integration 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; actual 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 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
ir@whitegoldcorp.ca

Request Meeting: https://calendly.com/meet-with-wgo/15min

SOURCE: White Gold Corp.

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / February 11, 2026 / White Gold Corp. (TSXV:WGO)(OTCQX:WHGOF)(FRA:29W) (“White Gold” or the “Company“) is pleased to announce that it has commenced procedures for a spin-out transaction (the “Spin-Out”) to create a new, Yukon-focused critical minerals exploration company (“SpinCo”). The Spin-Out is designed to unlock the value of White Gold’s non-gold project portfolio by transferring its portfolio of copper, molybdenum, tungsten and other critical mineral properties located in west-central Yukon into a dedicated, standalone vehicle with shares to be distributed to shareholders. Included below is an overview of the Spin-Out and properties to be transferred to SpinCo. Additional details will be provided as the procedure continues to advance.

The proposed transaction will enable the Company to focus on advancing its flagship White Gold Project which hosts four near-surface gold deposits, that collectively 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) (see the Company’s news release dated October 6, 2025), with significant expansion potential on the resource itself and in the immediately surrounding area, complimented by a substantial pipeline of gold targets across the Company’s district scale property portfolio. The Spin-Out will provide shareholders with direct exposure to a significant portfolio of critical mineral exploration projects prospective for copper, molybdenum, tungsten, silver, and other strategic metals to be efficiently advanced by a dedicated team and resources.

The Spin-Out portfolio includes several large-scale critical minerals targets prospective for Copper (Cu), Molybdenum (Mo), Tungsten (W), Antimony (Sb), Zinc (Zn) and Bismuth (Bi), underlain by highly prospective geology which were identified through White Gold’s data driven exploration methodologies which have proven to be successful in the region. Key targets – including the Bridget, Isaac, and Mascot – are situated within the Dawson Range, a prolific east-southeast trending mineral belt that hosts several significant copper-gold porphyry deposits including the Casino deposit (one of the largest undeveloped copper-gold projects in Canada), the Minto Mine, and the Carmacks Project.

“Over the past several years, White Gold has systematically built one of the most comprehensive regional geochemical and geological datasets in the Yukon, which has clearly highlighted the scale and quality of several copper and critical mineral targets within our portfolio in addition to our highly prospective gold projects. Assets such as Bridget, Isaac, and Wolf exhibit the size, metal zonation, and geophysical signatures typically associated with large, fertile porphyry systems, yet remain largely untested by drilling. Spinning these assets into a dedicated vehicle allows them to be advanced more effectively with the technical focus and disciplined exploration strategy they warrant,” commented Dylan Langille, Vice President of Exploration for White Gold Corp.

White Gold Corp’s CEO, David D’Onofrio stated, “The timing of this proposed spin-out aligns exceptionally well with the strong and growing support we are seeing from both the Yukon and federal governments for the responsible development of critical minerals. Recent initiatives focused on advancing critical mineral exploration, improving infrastructure, streamlining permitting, and strengthening collaboration across Western and Northern Canada reinforce Yukon’s position as a globally desirable jurisdiction for discovery and development. By creating a dedicated critical minerals company, we believe we are positioning these assets to directly benefit from this supportive policy environment, while providing shareholders with focused exposure to commodities that are increasingly central to Canada’s long-term economic and supply chain strategies.”

SpinCo Highlights:

• Six properties representing approximately 15% of White Gold’s current claims which includes numerous copper and strategic metals targets (Cu, Mo, W, Sb, Zn, Bi) remain largely unevaluated and undrilled, presenting significant discovery upside.

• Highly prospective geology for copper, molybdenum, tungsten, antimony and bismuth across multiple deposit styles.

• District-scale exploration database covering the Company’s entire land package (Figure 1), including soil geochemical samples, and geophysical testing, have outlined multiple large, high-priority critical mineral anomalies.

• Key targets – Bridget, Isaac and Mascot – situated within the Dawson Range, a proven mineral belt hosting major copper-gold systems such as the Casino deposit, Minto Mine, and the Carmacks Project.

• The Bridget target, the most significant, untested porphyry system in the Company’s critical mineral portfolio, is comprised of a Mo-Cu porphyry anomaly covering a 3 x 3.5 km area enriched with tungsten, bismuth and silver and is transected by two large northwest trending major crustal-scale dextral transpressional faults. An initial technical report on this property will be filed in connection with the Spin-Out.

• Several of the Spin-Out targets include additional upside potential for antimony and bismuth as secondary metals across orogenic gold, intrusion-related, epithermal, and porphyry systems.

• Further details on the Spin-Out transaction to be provided as the process continues to advance with a near term anticipated completion, subject to shareholder and regulatory approvals.

Spin-Out of Critical Mineral Portfolio

The Spin-Out will be completed by way of a plan of arrangement under the Business Corporations Act (Ontario) and subject to the terms and conditions of an arrangement agreement (the “Arrangement Agreement“) to be entered into between the Company and SpinCo. Completion of the Spin-Out will also be conditional on the receipt of shareholder approval, and regulatory and court approvals, including, without limitation, the approval of the TSX Venture Exchange (the “TSXV“). It is intended that SpinCo will apply to list its shares on the TSXV and such listing will be subject to SpinCo fulfilling all of the requirements of the TSXV.

Additional details relating to the Spin-Out will be provided when the Company enters into the Arrangement Agreement. They will also be included in the management information circular in respect of the shareholders’ meeting to be held to consider and approve, among other things, the Spin-Out. Copies of the management information circular and related meeting materials will also be filed with the applicable Canadian securities regulators and will be available on SEDAR+ (www.sedarplus.ca).

Regional Setting – The Dawson Range and Critical Mineral Belt

The Dawson Range is an east-southeast trending mountain belt that hosts numerous significant mineral deposits and prospects along the Minto-Carmacks Copper Belt, including the Casino copper-gold porphyry deposit in the west owned by Western Copper and Gold (Figure 2). In the southeast near the community of Carmacks, the Minto Mine owned by Selkirk Copper Mines Inc. contains Indicated Resources of 12.588 Mt grading 1.203% Cu, 0.461 g/t Au, 1.728 thousand ounces Ag for 333.8 M lbs copper, 186.6 k oz gold, and 1.728 M ounces silver and Inferred Resources of 23.658 Mt grading 1.048 % Cu, 0.387 g/t Au, 3.9 g/t Ag for 546.8 M lbs copper, 294.7 K ounces gold, and 2.9681 K ounces silver⁽⁵⁾⁽²⁾. It also hosts the Carmacks Copper project, which contains Measured and Indicated Resources of 36.25 Mt grading 0.81 % Cu, 3.25 g/t Ag, 0.26 g/t Au for 651 M lbs of copper, 3.79 M ounces silver, and 302 K ounces of gold^(6)(2), owned by Cascadia Minerals Ltd. Both deposits are interpreted as metamorphosed copper-gold-silver porphyry systems. Porphyry deposits in the Dawson Range occur in two principal age groups: Late Triassic (e.g., Minto, Carmacks) and Late Cretaceous (e.g., Casino, Cash, Revenue). In addition to porphyry-style mineralization, the Dawson Range also hosts epithermal, skarn, and polymetallic to gold-dominant veins, breccias, and fracture zones ⁽⁷⁾. Owing to this diverse and highly prospective mineral endowment, the region has attracted increasing attention and investment in recent years from both junior and major mining companies.

Critical Minerals Portfolio Overview

The assets proposed to be transferred to SpinCo include six core properties that collectively represent a pipeline of advanced to early-stage critical mineral exploration opportunities across multiple prolific metallogenic belts in Yukon. Highlights include:

Bridget Property – Bridget Target

The Bridget target is a standout Mo-Cu porphyry anomaly with one of the highest molybdenum-in-soil signatures in the White Gold District, spanning a 3 x 3.5 km area and enriched with additional critical elements like tungsten, bismuth, and silver. It is transected by two large northwest trending major crustal-scale dextral transpressional faults – the Sixtymile River Fault and Big Creek Fault. Both faults host several significant multi-element porphyry and epithermal deposits. The target was initially identified in 1972 when Silver Standard Mines conducted an extensive 14,000-plus regional silt survey looking for another Casino deposit.

Geologically, the target is underlain by hornblende gneiss, biotite schists, and calc-silicate altered marble (skarn), intruded by quartz eye granite and aplite dikes. The soil geochemical footprint of the anomaly is characterized by Mo-in-soil values as high as 321.9 ppm Mo, including 278.9 ppm Mo, 265.4 ppm Mo, 263.5 ppm Mo, 257.2 ppm Mo, and 253.3 ppm Mo with over 400 additional samples returning values greater than 20 ppm Mo. Across the target, anomalous Cu-in-soil values exceeding 100 ppm Cu are common with the most significant enrichment occurring at the core with values as high as 710.1 ppm Cu, including 662.6 ppm Cu, 594.7 ppm Cu, 492.9 ppm Cu, 406 ppm Cu observed over a roughly 900 m x 900 m area. Other notably enriched critical minerals include tungsten (W), with the highest concentrations observed in the northern half of the target area, where soil sampling has yielded values up to 101 ppm W, with values exceeding 30 ppm W common. Other anomalous metals including Pb, Bi, As, Zn, and Ag are typically observed over two large northwest-southeast oriented fault systems which cut the target in the north and in the south. Two rounds of IP Geophysics performed in 2023 and 2025 have identified favourable subsurface chargeability and resistivity anomalies beneath the strong surface Cu-Mo-Zn-W soil geochemistry signatures.

The 2025 Bridget IP survey delineated multiple high-priority anomalies, including five porphyry targets defined by chargeability, resistivity, metal factor, and 2D inversion models. These geophysical features are directly associated with the large multi-element soil anomalies measuring 3 x 4.3 km. Together, these results represent strong evidence of the potential for concealed porphyry style mineralization system at Bridget.

Its size, multi-element enrichment, proximity to key structures, and lack of drilling make it the company’s most significant untested porphyry system and a critical priority for diamond drilling. An initial technical report on this property will be filed in connection with the Spin-Out.

Loonie Property – Guilder Target

Located adjacent to a known Cu-Au prospect (Lucky Joe), the Guilder target on the Loonie property hosts a 3 km long, northwest-southeast trending Cu-Mo-Au-Zn-Pb soil anomaly, which appears to be a northwestern extension of the Lucky Joe target. Prospecting on the Guilder target has uncovered malachite and chalcocite, hosted by quartz-feldspar-biotite schist, near an outcrop of augen gneiss. Samples from this showing returned 1114.8 ppm Cu and 6.1 g/t. Its proximity to historic mineralization and copper association makes it an attractive early-stage critical mineral target for follow-up work.

Wolf Property – Aries and Taurus Targets

The Aries target on Wolf property is an interpreted porphyry system that is characterized by a central zone of copper and molybdenum anomalies, surrounded by a large peripheral zone enriched in bismuth, arsenic, lead, and zinc. This forms a footprint measuring approximately 4 km in length (NE-SW) and 3 km in width (NW-SE). To the northeast, the Aries target transitions from a gold-dominant system into a potential porphyry system. This area’s molybdenum-in-soil values reach as high as 51.4 ppm, with the bulk of the anomaly showing values above 5 ppm. Copper-in-soil values peak at 923.9 ppm, with notable results such as 637.8 ppm, 630.8 ppm, and 600.6 ppm Cu, located near areas enriched in arsenic and bismuth. Previous drilling on the property has been gold-focused and the property remains largely untested and highly prospective for several critical minerals including Mo and Cu.

The Wolf property is located east of the White River, approximately 120 km south-southwest of Dawson City and 35 km west of the White Gold Project. Two main target areas have been identified on the property, the Aries and Taurus targets. The area is predominantly underlain by hornblende-biotite diorite intruded by medium-grained and megacrystic K-feldspar granites. These intrusions are associated with widespread biotite and potassic alteration, which are key indicators of potential porphyry mineralization.

To the north and northeast, the property is underlain by Late Cretaceous Carmacks volcanic units, including andesite and basalt flows, and siliciclastic basal conglomerates. Cu-Mo enrichment appears to be localized along the contact between these volcanic units and the adjacent granites while gold mineralization is concentrated in the southwestern part of the property (Taurus target) in shreddy biotite and k-spar altered hornblende-biotite diorites. The Taurus target features a gold-in-soil anomaly that spans approximately 2 km long by 0.5 km wide, with maximum gold values reaching 358 ppb Au. The anomaly has an arcuate shape, trending east-west in the southwest and curving northeast-southwest to the east. GT Probe bedrock sampling returned gold values up to 1.22 g/t Au, with several samples exceeding 0.5 g/t Au. In 2023 RAB drilling of the target returned gold values of up to 0.81 g/t Au over 15.24m from 19.81m (hole WLFTRS23RAB002) including 6.55 g/t Au over 1.52m, along with 0.32 g/t Au over 30.47m) from 13.72m in hole WLFTRS23RAB002.

Hunker Property – Bum, Mint, and Boxcar Targets

The Hunker Property includes historical high-grade Cu-Ag showings and a large Cu-Au soil anomaly at Mint Pup (2.5 km by 2.7km), with recent rock and soil samples showing strong copper values and porphyry-related alteration. It’s location in the Klondike goldfields and multiple Cu-Au showings make it a prime candidate for deeper exploration and geophysical targeting

Hayes Property – Isaac Target

The Isaac target measures approximately 2 km E-W by 1.5 km N-S with a central bismuth-arsenic enriched core measuring from 750 m to 1,000 m which is surrounded by a > 400 m wide halo of anomalous silver, lead and zinc. Anomalous copper occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core’s northern margin. The target is located in the central part of the Hayes property 38 km east of the Casino deposit and is a geochemically zoned multi-element soil anomaly associated with a mapped unit of Late Cretaceous Prospector Mountain suite intrusive rocks. Anomalous copper-in-soils occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core’s northern margin. Within the peripheral halo, silver-in-soil values range from 1 ppm Ag to as high as 16.9 ppm Ag, including 12.3 ppm Ag, 12.2 ppm Ag, 11 ppm Ag, 10.2 ppm Ag, 9.8 ppm Ag, while values > 3 ppm Ag are very common. Also, within this halo, lead-in-soil values occur as high as 3310.4 ppb Pb including 957.5 ppm Pb, 832.8 ppb Pb, 748 ppm Pb, 689.1 ppb Pb, with associated zinc-in-soil values as high as 1747 ppb Zn including 1360 ppm Zn, 1137 ppm Zn, 941 ppm Zn, 763 ppm Zn, 729 ppm Zn, and 713 ppm Zn. A limited 2022 prospecting and mapping program included the collection of 19 rock grab samples returning values as high as 1269.2 ppm Cu, 106.02 ppm Mo, 27.265 ppm Ag, 3100.1 ppm Zn, 2624.78 ppm Pb, 378.52 ppm Bi, and two samples returning over-limit values for Li (> 2000 ppm Li). The geochemical zonation seen in soils and supporting hyperspectral analysis of rock samples indicate that the anomaly may represent the surface expression of a copper molybdenum porphyry core surrounded by distal or epithermal style silver-lead-zinc mineralization.

In 2023 two deep-penetrating Induced Polarization – Resistivity survey lines were completed over the Isaac target with a total of eight chargeability anomalies identified. The bismuth soil anomaly appears to be controlled by faults interpreted from the IP resistivity data. The bismuth and copper core of the soil anomaly is underlain by multiple chargeability anomalies which sit above a resistivity low that is interpreted as a fault structure. Lead, zinc, and silver, which form a halo around the core, are coincident with fault structures on the south side and north side of the survey area which trend NE (065°) and NW (290°) respectively. Isaac is a recently recognized (2021) target and has never been drilled tested.

Toonie Property

Soil sampling has defined a zoned anomaly that may be related to a buried intrusion. The distribution of values with an Au-Mo-Cu domain and more distal Zn-Pb and Ag may indicate a porphyry system.

Hyperspectral Analysis & Results

During 2023, crushed coarse rejects from 2022 prospecting rock samples from the Pedlar and Hayes properties were analyzed with an ASD TerraSpec^® 4 Hi-Res Mineral Spectrometer. Results were uploaded and processed using IMDEX’s aiSIRIS^™ cloud-based mineral interpretation AI software to produce semi-quantitative, standardized mineral interpretations and analytics.

The Hyperspectral analysis results for the prosecting rock samples show alteration mineralogy consistent with a porphyry deposit model.

A total of 17 prospecting rock samples were collected at the Bridget target and 19 samples at the Isaac target. Samples from both the Bridget and Isaac targets show anomalous trace element enrichments, including copper, molybdenum and silver, consistent with proximal porphyry copper-style mineralization. Hyperspectral data for the Isaac target samples provide evidence for phyllic alteration characterized by muscovite and potassic alteration, with evidence of propylitic alteration found only on the southern edge of the sampled area where significant chlorite is observed. The Bridget samples show no evidence of phyllic alteration, however most samples show both geochemical and hyperspectral evidence for widespread propylitic alteration involving epidote, chlorite and albite, as well as minor potassic alteration.

Qualified Person

Steven Walsh, P.Geo. and Senior Geologist for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

About White Gold Corp.

The Company owns a portfolio of 15,362 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 resource estimate of 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) (see the Company’s news release dated October 6, 2025)⁽³⁾⁽⁴⁾. Regional exploration 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 Fuerte Metals with Measured and Indicated Resources of 80.0.2 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^(8)(2)(4), 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 1,412.5 Mt grading 0.14 g/t Au, 0.10% Cu for 6.3 million ounces of gold and 3.1 billion pounds of copper^(1)(2)(4). For more information visit www.whitegoldcorp.ca.

(1) 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, 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+.

(2) The QP has been unable to verify the information. The information is not necessarily indicative to the mineralization on the properties that are subject of the disclosure.

(3) White Gold Corp. “White Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.22 g/t) at its Flagship White Gold Project, Yukon, Canada” Press Release 6 Oct, 2025. https://www.whitegoldcorp.ca/news/white-gold-corp-files-technical-report-demonstrating-significant-44-increase-in-indicated-resources-to-1732300-oz-gold-352-million-tonnes-grading-153-gt-and-134-increase-in-inferred-resources-to-1265900-oz-gold-322-million-ton.

(4) All numbers are rounded. Overall numbers may not be exact due to rounding.

(5) See December 1, 2025 News Release “Selkirk Copper Announces Initial Drill Results – Successfully Expands Minto North West Zone with a High-Grade Intercept of 5.21% Cu, 0.47 g/t Au, 26.68 g/t Ag over 8.7m within a broader zone of 2.39% Cu, 0.32 g/t Au and 11.61 g/t Ag over 23.4 m in drill hole 25SCM001.

(6) See Cascadia Minerals New Release dated June 9, 2025 “Cascadia Minerals and Granite Creek Copper Announce Merger to Create a Leading Yukon Copper-Gold Exploration and Development Company”.

(7) Allan, M.M., Mortensen, J.K., Hart, C.J.R., Bailey, L.A., Sánchez, M.G., Ciolkiewicz, W., McKenzie, G.G. and Creaser, R.A., 2013, Magmatic and Metallogenic Framework of West-Central Yukon and Eastern Alaska: Society of Economic Geologists, Special Publication 17, pp. 111-168.

(8) See Fuerte Metals press release titled “Fuerte Announces Transformational Acquisition of the Coffee Project from Newmont Corporation” dated September 15, 2025.

Cautionary Note Regarding Forward Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the terms, timing and outcome of the Spin-Out; receipt of the required shareholder, regulatory, court and stock exchange approvals in connection with the Spin-Out; listing of SpinCo shares; the anticipated benefits of the Spin-Out; the entering into of the Arrangement Agreement; the formation of SpinCo; the assets to be transferred to SpinCo in connection with the Spin-Out; and anticipated strategic and growth opportunities. Generally, but not always, forward- looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information and statements are based on numerous assumptions, completion of the Spin-Out, including the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court and shareholder approvals; the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the Spin-Out; that the anticipated benefits of the Spin-Out will be realized; that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: the failure to obtain shareholder, regulatory, court or stock exchange approvals in connection with the Spin-Out; failure to realize the anticipated benefits of the Spin-Out or implement the business plan for SpinCo; the diversion of management time on transaction-related issues; expectations regarding negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, reliance on key management and other personnel, potential downturns in economic conditions, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, and risks generally associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approval.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

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
ir@whitegoldcorp.ca

Request Meeting: https://calendly.com/meet-with-wgo/15min

SOURCE: White Gold Corp.

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / February 9, 2026 / White Gold Corp. (TSX.V:WGO)(OTCQX:WHGOF)(FRA:29W) (the “Company”) is pleased to announce the appointment of Donovan Pollitt, P.Eng., CFA, as a Strategic Advisor and Consultant. Mr. Pollitt is a highly respected and seasoned mining executive with over 20 years of experience in mining operations, executive management and capital markets activities. Donovan currently serves as President of Pollitt Mining Inc., a management consultancy firm providing a range of services for mining companies from mine production optimization to capital markets strategy, as well as advisory services to buy-side institutional investors and private equity groups.

Previously, Mr. Pollitt was the President and Chief Executive Officer of Wesdome Gold Mines Ltd. (TSX:WDO)(OTCQX:WDOFF), a TSX-listed gold producer. During Donvan’s approximately 10 years at Westdome, he was responsible for mine permitting, the operation of three gold mines and raising considerable amounts of capital. Prior to his role as President and Chief Executive Officer, Donvan was Vice President, Corporate Development for Westdome. Donovan holds a Bachelor of Applied Science in Mining Engineering from the University of Toronto and an MBA from the MIT Sloan School of Management and is a Professional Engineer in Ontario and a CFA Charterholder.

“Donovan is an ideal addition to the growing White Gold team at this exciting moment in the Company’s evolution,” stated David D’Onofrio, Chief Executive Officer. “His unique skill set which includes both technical and capital markets expertise, and with a proven track record spanning grassroots exploration, development and mine operations, compliments and strengthens our team as we continue to grow our high-grade resource base, make new discoveries on our district scale land package and advance our White Gold Project toward production. We are excited to welcome Donovan’s leadership and deep operational and strategic expertise as we enter our next phase of growth and embark upon what we believe can be a transformative period for White Gold Corp.”

“I’m excited to join White Gold Corp. as a Strategic Advisor at this pivotal moment. We are seeing federal infrastructure investment in Canada we haven’t seen in decades, gold is being remonetized by central banks worldwide, and neighbouring projects like Coffee and Casino are advancing toward production. White Gold’s significant flagship deposit is one of the highest grade undeveloped open-pit deposits in Canada, sitting within a 300,000-hectare district-scale land package that remains extensively under-explored. White Gold has the grade, scale and geology to be central to the Yukon’s development as one of Canada’s next great mining districts,” stated Donovan Pollitt.

The appointment of Donovan represents another significant achievement for the Company as it continues to advance and execute on its stated milestones. The Company is continuing to advance on several other significant milestones and initiatives for near-term delivery, including:

• The release of additional results from the Company’s 2025 Phase I Regional and Phase II Diamond Drill exploration programs across its district-scale portfolio of gold and critical mineral projects.

• The Company’s corporate actions to isolate and unlock the value of its critical mineral projects for shareholders.

• Advancing technical studies in support of a maiden Preliminary Economic Assessment on the Company’s Flag Ship White Gold Project, estimated to be delivered in the first half of 2026.

• Finalizing and announcing the Company’s 2026 exploration program. The 2026 program will be largest in the Company’s history and is being designed with the objective of meaningfully increasing the size of the Company’s known large high-grade gold resource and making new gold and critical mineral discoveries across the Company’s district scale land package.

• Participation in numerous upcoming conferences, industry events, virtual presentations and webinars throughout the year. For a detailed list of upcoming events and to arrange a meeting with management, visit the Company’s website www.whitegoldcorp.ca/investors/events/

Other Matters

The Company also announces that a total of 250,000 options to purchase common shares of the Company have been granted to Mr. Pollitt at an exercise price of $1.45 per share, expiring February 9, 2031.

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 resource estimate of 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) (see the Company’s news release dated October 6, 2025)⁽³⁾⁽⁴⁾. Regional exploration 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 Fuerte Metals with Measured and Indicated Resources of 80.0.2 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^(8)(2)(4), 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 1,412.5 Mt grading 0.14 g/t Au, 0.10% Cu for 6.3 million ounces of gold and 3.1 billion pounds of copper^(1)(2)(4). For more information visit www.whitegoldcorp.ca.

(1) 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, 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+.

(2) The QP has been unable to verify the information. The information is not necessarily indicative to the mineralization on the properties that are subject of the disclosure

(3) White Gold Corp. “White Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.22 g/t) at its Flagship White Gold Project, Yukon, Canada” Press Release 6 Oct, 2025. https://www.whitegoldcorp.ca/news/white-gold-corp-files-technical-report-demonstrating-significant-44-increase-in-indicated-resources-to-1732300-oz-gold-352-million-tonnes-grading-153-gt-and-134-increase-in-inferred-resources-to-1265900-oz-gold-322-million-ton

(4) All numbers are rounded. Overall numbers may not be exact due to rounding

(5) See December 1, 2025 News Release “Selkirk Copper Announces Initial Drill Results – Successfully Expands Minto North West Zone with a High-Grade Intercept of 5.21% Cu, 0.47 g/t Au, 26.68 g/t Ag over 8.7m within a broader zone of 2.39% Cu, 0.32 g/t Au and 11.61 g/t Ag over 23.4 m in drill hole 25SCM001

(6) See Cascadia Minerals New Release dated June 9, 2025 “Cascadia Minerals and Granite Creek Copper Announce Merger to Create a Leading Yukon Copper-Gold Exploration and Development Company”

(7) Allan, M.M., Mortensen, J.K., Hart, C.J.R., Bailey, L.A., Sánchez, M.G., Ciolkiewicz, W., McKenzie, G.G. and Creaser, R.A., 2013, Magmatic and Metallogenic Framework of West-Central Yukon and Eastern Alaska: Society of Economic Geologists, Special Publication 17, pp. 111-168

(8) See Fuerte Metals press release titled “Fuerte Announces Transformational Acquisition of the Coffee Project from Newmont Corporation” dated September 15, 2025

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 integration 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; actual 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 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
ir@whitegoldcorp.ca

Request Meeting: https://calendly.com/meet-with-wgo/15min

SOURCE: White Gold Corp.

View the original press release on ACCESS Newswire