White Gold announces assay findings from drilling operations at Golden Saddle
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
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Drill Results: White Gold reported successful assay results from the first drill hole of its 2025 diamond drilling program at the Golden Saddle deposit, intersecting high-grade mineralization with 6.89 g/t Au over 2.8 meters and 6.89 g/t Au over 50.2 meters in the main zone.
Resource Potential: The White Gold project contains an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources, with significant potential for expansion in both the resource and surrounding areas.
CEO Statement: David D'Onofrio, CEO of White Gold Corp, highlighted the exceptional potential of the project, noting that the high-grade results exceeded expectations and confirmed additional mineralized zones.
Future Drilling: The reported results are part of a fully funded work program, with two additional holes on the Golden Saddle and two on the Arc deposit pending assays.
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Analyst Views on AEM
Wall Street analysts forecast AEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEM is 184.54 USD with a low forecast of 1.60 USD and a high forecast of 231.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 215.510
Low
1.60
Averages
184.54
High
231.00
Current: 215.510
Low
1.60
Averages
184.54
High
231.00
About AEM
Agnico Eagle Mines Limited is a Canada-based and led senior gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of exploration and development projects. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration sites include Barsele, Delta, Dubuisson, El Barqueno, Hammond Reef, Hope Bay, Jennings, Morelos Sur, North Madsen, Northern Territory, Pandora/Wood-Pandora, and others. The Canadian Malartic complex is located in the town of Malartic, 25 kilometers (km) west of Val-d’Or in northwestern Quebec. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo. It also owns a 100% interest in all its properties (128,680 hectares) in Quebec. Its projects also include Marban Alliance, Horizon, Alpha, Launay, Peacock, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Agnico Eagle Enters Share Purchase Agreement with Goldsky
- Transaction Overview: Agnico Eagle's wholly-owned subsidiary Agnico Sweden has entered into an agreement with Goldsky, where Goldsky will acquire 55% of Gunnarn Mining AB for $20 million in cash and 75,509,577 common shares, reflecting Agnico Eagle's ongoing portfolio optimization efforts.
- Equity Changes: Post-transaction, Agnico Eagle's common shares increase from 7,353,291 to 82,862,868, raising its ownership stake from approximately 4.1% to 32.5%, which enhances its influence within Goldsky.
- Future Development: Agnico Eagle believes the Barsele project will benefit from Goldsky's focus, although additional exploration and studies are required to advance the project, this strategic shift allows the company to concentrate resources on its high-quality internal project pipeline.
- Investor Rights Agreement: Upon closing, Agnico Eagle will enter into an amended investor rights agreement with Goldsky, ensuring participation rights in future financings and board nomination rights, further solidifying its strategic position in Goldsky.
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