White Gold Corp. is a gold exploration company primarily focused on Yukon’s White Gold District. Since 2007, the district has witnessed gold discoveries totaling approximately 7 million oz, attracting substantial attention from industry giants like GoldCorp, Kinross, and others. Holding a massive portfolio of 21,218 quartz claims spread across 35 properties, covering over 439,000 hectares, White Gold Corp. stakes claim to more than 40% of the district, making it the largest landholder in the area. The company's assets range from grassroots to advanced exploration projects, including the flagship White Gold property featuring a substantial gold resource of 1,039k oz Indicated at 2.26g/t and 508.7k oz Inferred at 1.48g/t, the VG resource with 230k oz Inferred at 1.65 g/t, and several other high-grade gold discoveries. The firm benefits from a highly experienced technical and management team with an impressive track record of multiple discoveries in the White Gold District. White Gold Corp. is strategically positioned as a significant player in the White Gold district, with a strong backing from Agnico Eagle Mines and Kinross Gold Corp, both of which hold a 19% equity stake in the company. In November 2023, Agnico-Eagle Mines Limited made a substantial post-IPO equity investment of $5.12M in the company. This strategic partnership, along with the company’s robust portfolio of resources and the skilled management team, positions White Gold Corp. as an exciting prospect for investment and potential growth in the gold exploration sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $5.12M | 1 | Agnico-Eagle Mines Limited | 30 Nov 2023 |
Post-IPO Equity | $4.42M | 1 | Agnico-Eagle Mines Limited | 08 Dec 2022 |
Post-IPO Equity | $9.00M | 1 | Agnico-Eagle Mines Limited | 25 Nov 2021 |
Post-IPO Equity | $4.10M | - | 29 Jul 2021 | |
Post-IPO Equity | $6.00M | 1 | Eric Sprott | 15 May 2020 |
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