White Gold files PEA showing C$1.86B NPV, 41% IRR at White Gold project

Maiden PEA outlines a 9.4-year, 12,000 tonne per day open pit operation producing an average of 188,000 ounces of gold per year (223,000 ounces per year over the first five years) at a US$3,600/oz gold price

After-Tax NPV increases to C$3 Billion and 57% IRR at US$4,500/oz gold price

Toronto, Ontario--(Newsfile Corp. - September 25, 2026) - White Gold Corp. (TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W) (" White Gold " or the " Company ") announces that it has filed an independent Preliminary Economic Assessment ("PEA") for its flagship White Gold Project (the "Project"), located in the traditional territory of the Tr'ondëk Hwëch'in in the Yukon Territory, Canada. The PEA includes the Golden Saddle, Arc, Ryan's Surprise, and VG deposits (collectively, the White Gold Project) (1) . The report titled "Preliminary Economic Assessment, White Gold Project, Yukon" was prepared by JDS Energy & Mining Inc. under NI 43-101. The technical report is available on SEDAR+ (https://www.sedarplus.ca/).

Further to the Company's news release dated August 10 th 2026, and optimizations announced August 28 th 2026, the PEA outlines a technically straightforward open pit mining operation with the potential for positive economics at a consensus long-term gold price and establishes the development framework for a district that remains largely untested beyond the deposits included in this study. In addition to the positive PEA economics, the Company has identified numerous additional opportunities with the potential to extend mine life, increase annual production, and further increase project economics in subsequent studies including potential resource conversion and growth at the existing deposits with prior, ongoing and future drilling, the underground mining potential at Golden Saddle, and a prospective explorati