Spring has arrived in the Yukon and with it comes one the most active periods in White Gold Corp's history!
With the addition of exceptional new talent to our leadership team, drills being mobilized, the Preliminary Economic Assessment advancing toward completion and our strategic Critical Minerals spin-out underway, 2026 has the potential to be a truly transformative period for the Company!
With so much going on we are pleased to share these updates and overview of our many significant near terms milestones ahead. And as always feel free to reach out at any time and be sure to watch our recently released video updates below… |
Welcoming Donovan Pollitt as President
We are pleased to announce the appointment of Donovan Pollitt, P.Eng., CFA, as President and Director of White Gold Corp., effective May 6, 2026. Donovan joined the Company as a Strategic Advisor in February 2026 and has now assumed an expanded executive role as we advance through what we believe is a pivotal period in the Company's development.
Donovan brings over 20 years of experience across mining operations, executive management, corporate development and capital markets. He holds a Bachelor of Applied Science in Mining Engineering from the University of Toronto, an MBA from the MIT Sloan School of Management, and holds both a Professional Engineer designation and is a Chartered Financial Analyst.
Prior to joining White Gold, Donovan served as President of Pollitt Mining Inc., a management consultancy advising mining companies on production optimization and capital markets strategy. Prior to that, he served as President and CEO of Wesdome Gold Mines, where over a decade-long tenure he was responsible for mine permitting, the operation of three gold mines, and raising significant capital to advance the company. |
|
In his own words: "White Gold's flagship deposit is one of the highest-grade undeveloped open-pit gold deposits in Canada, sitting within a 305,000-hectare district-scale land package that remains extensively under-explored. Our near-term focus is straightforward: growing the resource through the drill bit, completing a PEA that gives the market a clearer sense of the project's economics, and advancing the environmental baseline studies that are a necessary precursor to any future permitting and production decision." Donovan joins CEO David D'Onofrio, VP Exploration Dylan Langille — whose track record of discovery at Great Bear Resources speaks for itself — and the broader White Gold team as we head into the most active season in the Company's history. |
Hans Smit Joining as Technical Advisor
On May 12, 2026, we announced Hans Smit, P.Geo. has agreed to join the White Gold team as a Technical Advisor. Mr. Smit will provide strategic technical guidance in support of the Company’s ongoing resource expansion and economic evaluation activities including the preparation of a maiden Preliminary Economic Assessment (“PEA”) on our flagship White Gold Project, located in west-central Yukon, Canada. Mr. Smit is a Professional Geologist with over 40 years of experience in the mineral industry. He co-founded Orla Mining Ltd. (TSX: OLA, NYSE: ORLA) and served as COO, overseeing a successful feasibility study, permitting, and construction of the Camino Rojo oxide gold project in Zacatecas, Mexico — delivered on time and on budget. From 2022–2023, he was President & CEO of Gold Candle Ltd., leading technical evaluations and exploration at the Kerr-Addison gold project in Ontario, including the discovery of the high-grade Geminid nickel deposit. As VP Exploration at Grayd Resource Corporation, he advanced the La India heap-leach gold project in Mexico from grassroots to acquisition by Agnico Eagle, which brought it into production. His other work includes the original feasibility study at Dublin Gulch, Yukon. Mr. Smit retired from full-time employment in 2024 and now serves as a strategic advisor to select mineral exploration and development companies.
|
Launching W2 Critical Minerals Corp.
On May 5, 2026, we announced the launch of W2 Critical Minerals Corp., a spinout designed to unlock the value of White Gold's critical minerals project portfolio by transferring our 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. Upon completion, shareholders will receive one Spinco share for every five White Gold shares held, with White Gold retaining a 19.9% interest in the new company. |
The spinout encompasses six properties representing approximately 15% of White Gold's current claims, situated within the Dawson Range, a proven mineral belt that hosts major copper-gold systems including the Casino deposit, Minto Mine, and the Carmacks Project. The spinout is subject to shareholder, regulatory, and court approval, with the annual general and special meeting anticipated before the end of Q2 2026. As VP Exploration Dylan Langille noted, these assets exhibit the size, metal zonation, and geophysical signatures typically associated with large, fertile porphyry systems, yet remain largely untested by drilling. Creating a dedicated vehicle gives them the focused technical attention they warrant. Key highlights of the portfolio include:
Bridget — A district-scale molybdenum-copper porphyry anomaly spanning 3 km by 3.5 km that has never been diamond drill tested. Two rounds of IP geophysics have confirmed drill-ready chargeability targets at depth.
Isaac (Hayes Property) — Situated 38 km east of the Casino deposit, this target features a geochemically zoned multi-element anomaly spanning 3.3 km by 2.5 km with a bismuth-arsenic-copper-molybdenum enriched core. Eight discrete drill targets have been delineated by deep-penetrating IP geophysics, and the target has never been drilled.
Toonie — RAB drilling has confirmed broad multi-element mineralization in all four holes from surface. The target displays porphyry-style geochemical zonation across the Carmacks volcanic package, with a gold-molybdenum-copper core and distal zinc-lead-silver signature consistent with a buried intrusion-related system.
Wolf — An interpreted porphyry system with a footprint measuring approximately 4 km by 3 km, characterized by a central copper-molybdenum anomaly surrounded by a peripheral halo enriched in bismuth, arsenic, lead, and zinc. White Gold will continue to advance its flagship High Grade White Gold Project, which hosts 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources across four near-surface deposits, with significant expansion potential on the deposit itself and via the multiple prospective targets in near proximity. |
|
Drills About to Turn — The Largest Program in Company History
We are in the final phase of planning of the upcoming season. The 2026 drill program is the largest in White Gold Corp's history and is designed with a clear objective: meaningfully increase the size of our known large gold resource while following up on and making new gold and critical mineral discoveries across our district-scale land package. Building on strong intercepts from previous campaigns, the program will focus on expanding the known resource at the Golden Saddle, Arc, Ryan’s Surprise and VG deposits through step-out drilling, testing new high-priority geochemical and geophysical targets identified during previous field seasons, and advancing district-scale exploration across under-tested yet highly prospective corridors within our ~300,000-hectare land package. Additional details on the program will be announced near future. The White Gold District has proven itself to have world class potential, and this season we are drilling to further unlock its value with higher conviction than ever before.
|
Maiden PEA on the Horizon
White Gold Corp is advancing toward delivery of a maiden Preliminary Economic Assessment on the flagship White Gold Project. This milestone study will provide an initial economic framework for the project and represents a significant milestone event for the Company. The PEA will incorporate the updated mineral resource estimates across the four near-surface deposits, preliminary mine design and infrastructure planning, metallurgical inputs and economic modelling that will give the market a clearer picture of this project's economic potential. We believe the PEA will serve as an important foundation for ongoing development planning and a catalyst for broader market recognition of the value embedded in our flagship asset.
|
Positioned for a Defining Year With the W2 Critical Minerals spinout underway, Donovan Pollitt in place as President, the largest drill program in our history mobilizing and a maiden PEA underway, White Gold Corp is entering one of the most active periods in its history. And with the Yukon and White Gold District continuing to attract increasing attention, we have never been better positioned to deliver on the potential of this exceptional district! We thank you for your continued interest and look forward to sharing results throughout the busy and exciting season ahead.
|
|
FOR MORE INFORMATION ABOUT WHITE GOLD CORP. AND WHY WE ARE SO EXCITED FOR 2026, COME VISIT US AT OUR UPCOMING CONFERENCES AND/OR BE SURE TO WATCH OUR RECENT VIDEO UPDATES BELOW: |
|
|
Top Shelf Partners + John Feneck | Washington, DC 2026 Conference
White Gold Corp will be among a great line up. Learn more here |
|
Canaccord 5th Annual Global Metals & Mining Conference
The White Gold Corp team will be in Henderson, Nevada. Learn more here |
|
Let's Connect
These conferences offer an opportunity to meet our leadership team in person, ask questions, and gain a deeper understanding of what makes White Gold Corp a compelling opportunity in today's gold market. We're passionate about what we're building in the Yukon, and there's no substitute for a face-to-face conversation. If you'd like to schedule a specific meeting time at either event, please don't hesitate to reach out—we're happy to arrange a sit-down discussion. For more information about White Gold Corp and our projects, visit our website or reach out to our team.
|
|
Talk to our Investor Relations Team about the White Gold opportunity |
|
David D’Onofrio of White Gold Corp. presents at Metals Investor Forum in Vancouver | May 2026 Watch Here |
Largest Drill Program Commencing on Highest-Grade Gold Resource in Yukon | Crux Investor | April 28, 2026 Watch Here |
White Gold Corp: Is Yukon’s District-Scale Gold Play Entering a Growth Phase? | Business Television | April 17, 2026 Watch Here |
The Yukon Story Investors Are Watching | Emerging Growth Conference | January 22, 2026 Watch Here |
25,000M Program Targets Resource Growth in Underexplored Klondike District | Crux Investor | January 12, 2026 Watch Here |
White Gold Corp's 3Million Oz Resource | New High Grade Yukon Drill Results | January 12, 2026 Watch Here |
|
White Gold Corp Appoints Hans Smit as Technical Advisor | May 12, 2026 Read Here |
White Gold Corp. Launches Spin-Out of W2 Critical Minerals Corp. | May 5, 2025 Read Here |
White Gold Corp. Appoints Donovan Pollitt as President and Director | April 23, 2025 Read Here |
|
White Gold Corp. Makes New High-Grade Copper Discovery with Bedrock Samples up to 0.96% Copper at Lost Pup Target and Highlights Prospectivity of the Titan – Lost Pup Mineralized Trend on its Hen Property, Yukon, Canada | March 12, 2026 Read Here |
|
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 | February 26, 2026 Read Here |
|
White Gold Corp. Announces Spin-Out to Create a Yukon Focused Publicly Listed Critical Minerals Exploration Company | February 11, 2026 Read Here |
|
|
|
|
