White Gold Corp. Enhances High-Grade Gold Mineralization at Golden Saddle, Discovering 6.9 g/t Gold Over 50.2 Metres in the Main Zone and Expanding High-Grade Footwall Breccia and Hanging Wall Deposits
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
0mins
Source: Newsfilter
Drilling Results: White Gold Corp. reported significant assay results from its 2025 diamond drilling program at the Golden Saddle deposit, including a high-grade intersection of 6.89 g/t Au over 50.2 meters in the Main Zone and 6.89 g/t Au over 2.8 meters in the footwall breccia, confirming continuity of mineralization.
Resource Potential: The company's flagship project contains an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources, with ongoing exploration expected to further enhance these figures.
Strategic Focus: The 2025 exploration program emphasizes resource growth by targeting high-grade zones and refining geological models, with additional drilling results pending from both the Golden Saddle and Arc deposits.
Future Plans: Following a successful initial drilling phase, White Gold Corp. is preparing for a fully funded 2026 exploration program, aiming to expand its resource base in the Yukon, a region known for its rich mineral deposits.
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Analyst Views on NEM
Wall Street analysts forecast NEM stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 122.130
Low
89.00
Averages
110.85
High
125.00
Current: 122.130
Low
89.00
Averages
110.85
High
125.00
About NEM
Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver with operations and/or assets in the Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea regions. The Company's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares).
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.
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- New Tariff Implementation: Following the ruling, Trump announced a new global 10% tariff, which he raised to 15% the next day, provoking strong backlash from Congressional Democrats and international trading partners, which could disrupt trade negotiations with countries like India.
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U.S. Trade Policy Uncertainty: Increased uncertainty regarding U.S. trade policy is contributing to the appeal of gold as a safe haven investment.
See More
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- Manufacturing Activity Decline: The February S&P manufacturing PMI unexpectedly fell to 51.2, below the anticipated 52.4, indicating weakness in manufacturing that could challenge economic recovery and further exacerbate market uncertainty.
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See More
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- Significant Revenue Growth: Revenues surged over 20% to $6.82 billion in Q4, with free cash flow hitting record highs of $2.8 billion for the quarter and $7.3 billion for the year, reflecting robust cash generation capabilities in a high gold price environment.
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