Whitehorse Gold Corp. (TSX-V:WHG) said results from an additional seven drill holes have intersected “significant gold and silver mineralization” at the Skukum Creek Deposit on its wholly-owned Skukum gold project in Canada’s Yukon Territory, which included a 4.3-metre interval of 12.8 grams per tonne (g/t) gold and 1,825 g/t silver in the Rainbow Zone.
The company noted it is awaiting assay results from the remaining 30 drill holes from the 2021 exploration program.
“Holes SC21-021 and SC21-023 continue to confirm the high-grade gold and silver mineralization in the Skukum Creek Deposit,” Whitehorse Gold CEO Gordon Neal said in a statement.
“These resource upgrade/infill holes demonstrate mineralization continuity and the resource upgrade potential of the deposit,” Neal added.
READ: Whitehorse Gold appoints Gordon Neal as CEO and a director of the company
Whitehorse Gold said the Rainbow Zone is the largest of the four main zones (Rainbow, Rainbow 2, Berg and Kuhn) that constitute the Skukum Creek Deposit.
As well, the company announced the resignation of its vice president exploration Tim Kingsley, effective February 11, 2021, as well as Steve Stakiw, vice president corporate affairs, effective immediately.
Stakiw will continue with Whitehorse Gold as a consultant.
Whitehorse Gold is a responsible mineral exploration and development company focused on its 170-square kilometre (km) Skukum gold project in the Yukon, about 55 km south-southwest of Whitehorse.
The project hosts the advanced-stage Skukum Creek and Goddell deposits, and the formerly producing Mt. Skukum high-grade gold mine, all of which remain open for expansion, plus additional untested mineralized occurrences.
Contact Sean at sean@proactiveinvestors.com