White Gold Corp. $WGO.V $WHGOF is pleased to announce the filing of a maiden Preliminary Economic Assessment on our flagship White Gold Project in Yukon, Canada! HIGHLIGHTS: - After-tax NPV(5%) of C$1.86 billion, 41% IRR and payback period of 1.5 years at US$3,600/oz gold. - Strong leverage to gold price: After-tax NPV(5%) increases to C$2.9 billion and 57% IRR at US$4,500/oz gold. - Numerous opportunities to further enhance project economics, including potential growth from previous, ongoing and future drilling, underground potential at Golden Saddle and more than 25 additional targets. The PEA outlines a 9.4-year conventional open pit operation producing an average of 188,000 ounces of gold per year, and 223,000 ounces per year over the first five years, with life of mine all-in sustaining costs of US$1,482/oz. And this is just the first phase! The mine plan only draws on approximately 60% of the current resource, and all four zones remain open for expansion, in a road-accessible, favourable jurisdiction across a 55,000 hectare project area. "Few gold projects anywhere offer this combination of scale, grade, potential returns, favourable jurisdiction and upside." - David D'Onofrio, CEO Read the full release here: