White Gold Corp.'s Yukon Project Delivers Strong Economics in PEA
White Gold Corp.'s (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) recent Preliminary Economic Assessment (PEA) for its White Gold Project in Yukon has delivered a clear snapshot of potential cash flows at current metal prices. The study outlines a 9.4-year open pit operation with average annual gold production of 188,000 ounces, rising to 223,000 ounces in the first five years.
The PEA presents a strong case for investors evaluating Yukon gold opportunities, particularly given the project's low all-in sustaining costs and rapid payback. At US$3,600 gold, the base-case after-tax net present value (NPV) stands at C$1.911 billion with an internal rate of return (IRR) of 38% and a payback period of just 1.7 years.
The project's economics are expected to improve significantly if gold prices rise. At US$4,500 per ounce, the after-tax NPV increases to C$2.996 billion with an IRR of 52%. This highlights the substantial upside available to shareholders as metal prices advance.