White Gold CEO on PEA with C$1.9 Billion After-Tax NPV, 38% IRR and 1.7 Year Payback Period

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White Gold says its maiden PEA on the Yukon White Gold Project supports a C$1.9 billion after-tax NPV, 38% IRR and 1.7-year payback at US$3,600/oz gold, underscoring strong leverage to higher bullion prices. CEO David D'Onofrio says the study gives the flagship project a much clearer development pathway and frames the asset as highly cash-generative in a high-gold-price environment. The company is also preparing its largest-ever 2026 drill campaign, planning 15,000-20,000 metres to test underground extensions at Golden Saddle and greenfield targets across its 300,000-hectare Yukon land package. That keeps near-term attention on resource growth rather than production, with valuation likely to remain highly sensitive to gold price assumptions and drill success. For the desk, the key takeaway is that the PEA meaningfully improves optionality on a long-dated gold development story, but the economics are explicitly tied to a very elevated US$3,600/oz assumption. The next catalyst is drill data from the 2026 program, which will determine whether the project can support a higher-quality resource base and sustain market interest.