White Gold Corp. Intersects Multiple Zones of Gold Mineralization and Expands the High-Grade Core at Golden Saddle Intersecting 3.23 g/t Gold over 56.1 m and Intersects High Grade Gold on the Arc Deposit Significantly Extending Gold Mineralization by 100m Down Plunge

2026-02-26

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

Hole ID

Zone

From (m)

To (m)

Width (m)*

Au (g/t)

WHTGS25D0216

Hanging Wall

16.00

18.00

2.00

1.26

70.55

71.30

0.75

2.24

166.00

177.70

5.70

0.71

235.50

239.50

4.00

1.00

251.90

257.00

5.10

0.80

338.00

343.50

5.50

0.95

Main Zone

408.90

465.00

56.10

3.23

474.85

483.50

8.65

0.71

Footwall

527.45

536.30

8.85

1.02

WHTGS25D0217

Main Zone

296.80

300.20

3.40

1.54

Footwall

504.00

506.50

2.50

1.44

519.70

526.70

7.00

0.75

WHTAR25D038

Arz Zone

110.00

112.40

2.40

0.87

117.00

117.70

0.70

1.26

137.50

139.30

1.80

1.61

185.15

189.50

4.35

2.73

WHTAR25D039

Arc Zone

126.90

128.40

1.50

1.95

202.85

203.50

0.65

1.31

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

Table 2: 2025 Diamond Drill Hole Details

Hole ID

Type

Azimuth

Dip

Length

UTM E

UTM N

Target

Purpose

WHTGSD25D0216

DDH

163.79

-63.51

629

576216.5

7005606

Golden Saddle

Exploration

WHTGSD25D0217

DDH

164.26

-63.18

581

576218.0

7005498

Golden Saddle

Exploration

WHTGSD25D0218*

DDH

165.50

-71.33

145

576348.6

7005288

Golden Saddle

Exploration

WHTGSD25D0218A*

DDH

169.78

-71.34

440

576348.6

7005288

Golden Saddle

Exploration

WHTAR25D038

DDH

214.39

-46.32

236

577475.4

7004556

Arc

Exploration

WHTAR25D038

DDH

219.13

-45.49

221

577441.2

7004642

Arc

Exploration

*See Company press release dated November 4, 2025

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.