White Gold Corp (TSX-V:WGO) has discovered copper mineralisation at the newly identified Lost Pup target, located within the Hen Project in west-central Yukon, Canada.
Initial bedrock sampling from the showing, which was initially exposed by place mining operations, returned values up to 0.96% copper. Additional samples returned grades of 0.94%, 0.61% and 0.52% copper from chalcopyrite-bearing quartz veins and fracture zones.
CEO David D’Onofrio says the discovery of copper at Lost Pup is an “exciting” new development, and another example of the opportunities within the district-scale property portfolio which covers over 300,000 hectares.
“The discovery’s location along the same mineralised corridor as our high-grade Titan gold discovery makes it even more significant,” D’Onofrio says.
“The combination of high-grade gold, widespread copper mineralisation, and a classic porphyry geochemical signature provides compelling evidence that this structural trend is a major mineralising system.
“This new discovery expands the footprint of this system and underscores the vast potential of the Hen property, which is ideally located in the heart of the White Gold District.”
Additional results from the exploration program are to be released in due course along with further details on White Gold’s planned spin-out of its critical minerals assets, as well as a maiden preliminary economic assessment.
As previously reported, White Gold has begun procedures for a spin-out transaction to create a new Yukon-focused critical minerals explorer, designed to unlock value from its non-core projects in Canada.
The spin-out portfolio comprises six properties representing 15% of White Gold’s current claims, including several critical minerals targets considered prospective for copper, molybdenum, tungsten, antimony, zinc, and bismuth.
White Gold will also conduct a 2026 exploration program designed to increase the size of its known gold resource and follow up on new gold and critical mineral discoveries.
Write to Aaliyah Rogan at Mining.com.au
Images: White Gold Corp
