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Tag: Whitehorse Gold Corp.

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Whitehorse Gold Corp. (TSXV:WHG) – High Grades Extended at Depth in Rainbow Zone

Whitehorse (WHG) reported results from an additional seven holes from its 100%-owned Skukum gold-silver project in the Yukon. Drilling targeted three of the four main zones that constitute the Skukum Creek deposit, including Rainbow, Rainbow 2 and Berg. We note that significant intervals of Au and Ag mineralization were intersected from this set of assays. Whitehorse now awaits assays from the remaining 30 drill holes at the 2021 drill program. Overall, we believe these drilling results are quite positive, as they further expand multiple zones at Skukum Creek. Notably, the results compare favourably with the resource at Skukum Creek (indicated: 5.85 g/t Au and 166.4 g/t Ag, inferred: 4.99 g/t Au and 108.3 g/t Ag). We are particularly encouraged by the results from deeper drilling at the Rainbow zone, where the company reported high grades over wide intervals.

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Red Cloud | redcloudfs.com

Red Cloud Oktoberfest: Fall Mining Showcase 2021 – Day One Recap

Yesterday, Red Cloud hosted the first day of its three-day 2021 Oktoberfest Fall Mining Showcase, which featured 26 presenting companies including our keynote speaker Dr. Thomas Brady, Managing Director of Capitalight Research Inc., and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. If you would like to attend Day Two and Three of Red Cloud’s Oktoberfest Fall Mining Showcase, register here. Replays are available on the Red Cloud website.

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Red Cloud | redcloudfs.com

Q3 Producer Preview & Commodity Price Update – Lowering Gold Price Forecasts While Most Commodities Increased

Q3 operating and financial results are to be announced over the next few weeks. While gold is out of favour, prices have been trading within a narrow window that have allowed companies to continue to turn profits, despite an uncertain outlook. Late summer was hard on most commodities as precious and industrial metals alike fell on a slowdown in global economic growth due to surging fuel prices, Chinese power restrictions, labour shortages, disrupted global supply chains and a stronger USD. Metal prices came under further pressure as major property developer Evergrande missed further bond payments, impacting iron ore and copper prices. With this update, we provide new commodity price and FX forecasts, updated coverage estimates, and a fresh set of top picks.

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