11:08 AM EDT, 08/06/2025 (MT Newswires) -- White Gold (WGO.V) up 11% on last look, on Wednesday said it began the second phase of its 2025 exploration program to advance high-priority gold targets across its White Gold Property in the Yukon.

The diamond drilling planned for Phase II is focused on the Golden Saddle Zone which remains open in multiple directions and at depth. Drilling to date has intersected significant widths of high grade near-surface gold mineralization, the company said.

"Our Phase II program is focused on efficiently expanding the size and confidence of our flagship resource," said Dylan Langille, vice president of exploration. "In addition to our diamond drilling, the relogging and resampling of historic core is an important step towards unlocking overlooked mineralization in the hanging wall, while the metallurgical and geotechnical test work will support future development pathways. This is just a few of the numerous opportunities that exist to continue to increase the size of the resources at the White Gold Project."

The exploration program is supported by strategic partner Agnico Eagle Mines ( AEM ) .

White Gold shares are up $0.05 to $0.50 on the TSX Venture Exchange.

Price: 0.50, Change: +0.05, Percent Change: +11.11