TORONTO, Jan. 09, 2020  -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce Rotary Air Blast (RAB) drill results on multiple newly identified drill targets located on the road accessible JP Ross property, in the prolific White Gold District, Yukon, Canada. Generated through the Company’s methodical data driven exploration strategy, the Company’s first ever drilling on these targets was performed as follow up to the previously announced results from 2019 exploration including detailed soil sampling, GT Probe, trenching, geophysical and other prospecting activities. High-grade gold was intercepted of 5 newly identified drill targets located within close proximity to the Company’s Vertigo and Titan discoveries. These targets have unique geochemical signatures and distinct geologic anomalies and include the Stage Fright, North Frenzy, Sabotage, Vertigo and several others. White Gold Corp’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) included diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.

(All dollar amounts are United States dollars unless otherwise stated)

 

VANCOUVER, Dec. 19, 2019  - Asanko Gold Inc. ("Asanko" or the "Company") (TSX, NYSE American: AKG) is pleased to announce that it has received the final $10 million payment from Gold Fields Limited ("Gold Fields") pursuant to the Joint Venture Agreement which was concluded on July 31, 2018 whereby Asanko and Gold Fields became 50:50 joint venture partners of the Asanko Gold Mine ("AGM"), located in Ghana, West Africa, which is operated by Asanko. This $10 million payment completes the receipt by Asanko of the gross proceeds of $185 million associated with the 50:50 Joint Venture Agreement.

 

In addition, with the significant capital expenditure program completed at the AGM and the operations continuing to generate positive free cashflow, the AGM has commenced returning invested capital to the joint venture partners. The distribution in Q4 amounted to a total of $20 million with $10 million paid to Asanko and $10 million paid to Gold Fields.  It is expected that loan repayments going forward may be made quarterly subject to certain liquidity tests.

TORONTO, Dec. 19, 2019 -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce diamond drill results on the Vertigo target, located 25km north west of the Company’s flagship Golden Saddle & Arc deposit, on the road accessible JP Ross property, in the prolific White Gold District, Yukon, Canada. The Vertigo is one of the Company’s recent high-grade, near surface, gold discoveries generated through its methodological data driven exploration strategy. Drilling to date has encountered significant high-grade gold structures within a broad mineralized zone which remains open in all directions. The Vertigo is comprised of a 1.5km mineralized trend forming part of a 250km2 mineralized system with numerous newly identified targets. White Gold Corp’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.

75.1 meters at 10.0 g/t gold, 6 g/t silver, 0.6% copper, 9.4% zinc, 1.1% lead (40.6 meters estimated true width)

 

Vancouver, British Columbia--(December 19, 2019) - HighGold Mining Inc. (TSXV: HIGH) ("HighGold" or the "Company") is pleased to report assay results for the final two (2) drill holes from the nine (9) hole drill program completed at the Company's flagship Johnson Tract Gold (Cu-Zn) property ("Johnson" or the "Property") in Southcentral Alaska, USA. The two holes were designed to better define the lower portion of the Johnson Tract deposit ("JT Deposit").

 

JT Deposit Highlights

 

75.1m at 10.0 g/t Au, 6 g/t Ag, 0.6% Cu, 9.4% Zn, 1.1% Pb (17.8 g/t AuEq) in hole JT19-090 

 

Includes 20m at 29.0 g/t Au, 7 g/t Ag, 0.7% Cu, 3.5% Zn, 1.2% Pb (33.2 g/t AuEq)