2023-03-27 16:00:00 ET
White Gold (TSXV:WGO,OTCQX:WHGOF,FWB:29W) CEO David D'Onofrio believes the company's Nolan property has all the elements for a major gold discovery at a time when interest in the precious metal is gradually coming back.
“One of the projects, called Nolan, is on the peak of a fault system. It's the site of a very historic placer camp. So all the ingredients for a major discovery are there. These are the types of things we saw in our existing discoveries. We are very excited to be able to drill that this year. It’s a busy, action-packed (year),” D’Onofrio said. “I think the interest in gold is starting to come back. So all the confluence events can really come together at the perfect time here.”
The CEO said 2023 is the most exciting year for the company considering how it has taken a grassroots discovery and grown its resource into almost 1.8 million ounces of gold, something that’s very unique in Canada. “We're going to put out an upgraded resource to further demonstrate how special of an opportunity this is within our company," he said.
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White Gold CEO Expects "Action-packed" 2023 Amid Renewed Interest in Gold