Whitehorse Gold Corp has reported results from the initial 2021 drill program at the company’s wholly-owned Skukum gold project located in Canada’s Yukon territory, which included 6.2 metres (m) of 8.6 grams per tonne (g/t) gold equivalent.
Whitehorse Gold noted the results demonstrate continuity of the higher-grade gold and silver mineralization and will be used to upgrade resources.
“Our first 2021 drill results successfully confirmed continuity of the gold mineralization in the upper portion of the Rainbow gold zone along with substantial silver grades, which greatly improves our confidence in the resource and expected future economics of the project,” Whitehorse Gold CEO Kevin Weston said in a statement.
READ: Whitehorse Gold receives exploration permit; commences drill program at Skukum
“With the three drill rigs testing our Skukum Creek, Goddell and Mt. Skukum deposits, we anticipate a continual flow of results throughout the rest of this year and are excited at the potential to advance the Project towards a development path,” Weston added.
As well, the company said the 2021 surface exploration, mapping and sampling program has also been completed and has successfully identified new zones and occurrences of gold mineralization.
It added that results of the 2021 field work, including a recently-completed 1,900-line kilometre (km) airborne geophysical survey, will guide exploration programs at the project for 2022 and beyond.
Whitehorse Gold’s flagship Skukum project is a past-producing asset that saw output of 233,400 tons of ore mined and processed to recover around 79,750 ounces of gold between 1986 and 1988.
Contact Sean at sean@proactiveinvestors.com