White Gold Corp. Announces 44% Increase in Indicated Resources to 1,732,300 oz Gold and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold at its Flagship White Gold Project, Yukon, Canada

TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce an updated Mineral Resource Estimate (“MRE”) for its flagship White Gold project located approximately 95 km south of Dawson City in west-central Yukon, Canada. The updated mineral resource was initiated following recent new modelling for the Golden Saddle and Arc deposits, including optimization and reinterpretation of the gold bearing zones (Figure 2 & 3). The primary result of these efforts was greater continuity of the zones than previously captured in the model. The updated MRE shows a significant increase in total gold ounces, including a 44% increase (529,300 ounces) in indicated resources for a new total of 1,732,300 ounces of gold and a 13.4% increase (149,300 oz) in inferred resources for a new total of 1,265,900 ounces of gold⁽¹⁾. The gold resources at the White Gold Project are near surface, almost entirely captured within open pits, and remain open for expansion in multiple directions with additional exploration opportunities to increase total resources via targets within close proximity (Figure 4). The ongoing 2025 exploration program (Figure 5 & 6) has been designed to deliver further increases to the size of the resource and to advance technical understanding in support of a Preliminary Economic Assessment (“PEA”). These results form part of the Company’s work program supported by strategic partners including Agnico Eagle Mines Limited.