| Major News In Yukon's White Gold District
Big developments are unfolding in our backyard! Fuerte Metals Corporation (TSXV:FMT) announced a transformational transaction with Newmont for the Coffee Gold Project, bringing together an impressive new shareholder base including Agnico Eagle, Pierre Lassonde, Trinity Capital, and other established institutional investors to fast-track this world-class asset toward production.
Why This Matters for White Gold Corp:
- Coffee sits adjacent to our ~300,000-hectare highly prospective district-scale claim package
- Our flagship White Gold Project (3.0M oz high-grade resource) is located approximately 30km north of Coffee
- Development plans for Coffee include regional infrastructure upgrades which will improve access and development economics of the entire White Gold portfolio
- The recent high-grade gold discovery on our Betty Property is contiguous to the Coffee Project and on the same major structural fault
- Several of our large-scale critical mineral targets are located in close proximity to Coffee
- Significant new attention and investment will be coming to the area
This investment validates the exceptional geology and mining potential of the White Gold District. With Coffee moving toward development and our own 3.0M oz resource, which remains open for significant expansion, the district is positioning itself to become a major Canadian gold production hub. |
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