White Gold: Success in the Yukon

Bob Moriarty
Archives
Oct 28, 2025

I wrote about White Gold just short of a year ago and to my amazement, the first two paragraphs are just as accurate today as they were 51 weeks ago so I am going to leave them almost the same and write around them. White Gold (WGO-V) has made remarkable progress with the shares up almost 500% over the past six months.

After months of new record high prices for gold day after day, the market woke up to reality last week. We have started a correction in my view. It’s that time of the year when investors start thinking about dumping their losers into Tax Loss Silly Season running from now until just before Christmas. I think the process could run into January but we needed a correction and we seem to have it.

So, I’ve been looking for the low hanging fruit. With all the stupidity in the world and teetering on the edge of WW III, gold is both an investment and an insurance policy against financial chaos at the same time.

In every gold bull market, there will be some areas that attract a lot of attention and investment capital. I suspect that in this bull run one of the hot areas will end up being the Tombstone Gold Belt running from the NWT into the Yukon and further into Alaska. White Gold is not part of the Tombstone Gold Belt but any attention drawn to the Yukon will shine on them as well.

White Gold pretty much controls the White Gold District consisting of a number of mineral projects put together over many years by Shawn Ryan, probably the best known prospector in Canada. WGO owns 21 different properties with about 40% of the White Gold District and containing about 300,000 square km with 15,364 different claims.

Three weeks ago, WGO filed an updated 43-101 showing a total of about 3.0 million ounces of gold at an average grade of 1.38 g/t gold. The well named Golden Saddle has a high-grade core of 695,000 ounces in the indicated category at a grade of 4.88 g/t Au. Given today’s price of gold at about $4,000 an ounce that makes a tonne of rock worth about $880 Cad in that high grade core.

White Gold just completed a brilliantly timed private placement raising $23 million. They closed on the day of a new all time high for gold. So, while many junior gold lottery tickets are thinking of going to the market, WGO seized the day and made hay while the sun shone.

White Gold has a serious partner, Agnico Eagle, owning 19.9% of the shares. In yet another coup administered by CEO David D’Onofrio, the company managed to snag the legendary Dylan Langille lately part of the core group at Great Bear before the company was taken out by Kinross for $1.8 billion. Dylan is the VP of Exploration for WGO. He will bring new thinking and a new set of eyes to study what is already a brilliant success.

I ended last year’s piece with these two paragraphs:-

Inflation is heating up as are the geopolitical tensions in the world. Gold touched $2800 recently but it’s going to go a lot higher in the near future.

White Gold is a zero brainer.

I’d say those were good calls. We will correct from the $4,000 today and go much higher down the road.

White Gold is an advertiser and I bought shares in the open market. Do your own due diligence.

White Gold Corp
WGO-V $.91 (Oct 27, 2025) 
WHGOF-OTCQX 198 million shares 
White Gold website

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Bob Moriarty
President: 321gold
Archives

321gold Ltd