Whitehorse Gold Corp. reports assay results of the remaining 30 drill holes from the 2021 drill program at its wholly-owned Skukum Gold Project, in southern Yukon. The 30 drill holes were infill and step-out drill holes from the Skukum Creek, Mt.

Skukum and Goddell deposits, which have further confirmed and expanded gold-silver mineralization on the Project. With all drill results now received, the Company is evaluating its exploration plans for the 2022 program. Hole MS21-003 at the Mt.

Skukum deposit intersected a 7.7 metre ("m") interval (from 82.0 to 89.7 m) grading 15.68 grams per tonne ("g/t") gold ("Au") in the Lake 1 Zone. This is an infill hole and mineralization occurs within a series of chalcedonic quartz-calcite veins and veinlets. Hole SC21-027 at the Skukum Creek deposit intersected a 14.0 m interval (from 473.7 to 487.7 m) grading 6.05 g/t Au and 106 g/t silver ("Ag"), including two separate intervals of 2.13 m grading 12.85 g/t Au and 203 g/t Ag, and 3.90 m grading 9.18 g/t Au and 183 g/t Ag, in the Rainbow Zone.

This is an infill/resource upgrade hole with gold-silver mineralization associated with a quartz vein breccia within a rhyolite dyke host emplaced in shear zone within granodiorites. Hole RACA21-003 on the RACA zone, adjacent to and east of the Skukum Creek deposit, intersected a 3.2 m interval (from 356.9 to 360.1 m) grading 0.76 g/t Au and 581 g/t Ag. An additional deeper interval of 2.65 m (from 425.5 to 428.2 m) graded 489 g/t Ag including a 0.3 m interval of 3,740 g/t Ag.

This hole tests a new zone that encountered multiple narrow silver-rich quartz sulfide veins.