Whitehorse Gold Corp. announced the completion of an updated independent Mineral Resource Estimate for the Skukum Gold-Silver Project (Skukum Gold Project) prepared by P&E Mining Consultants Inc. in accordance with National Instrument 43-101 ­ Standards of Disclosure for Mineral Projects ("NI 43-101") with an effective date of October 28, 2022, a NI 43-101 Technical Report will be filed on SEDAR within 45 days of this news release. The independent Mineral Resource Estimate is based on analytical data from 675 drill holes representing 111,556 metres ("m") of drilling and 2,925 underground samples.

Highlights of the Skukum Gold Project include Advanced gold camp in Yukon, a top-tier mineral exploration and mining jurisdiction. Historical production (1986-1988) of approximately 79,750 oz gold. A 300 tpd processing plant, tailings facilities, and a 50-person camp.

4,830 m of underground workings. Three gold deposits that remain open to expansion, in addition to multiple, under-explored gold zones. Project covers 170 square km and is located 55 km south of Whitehorse with direct road access 2020 Previous Mineral Resource Estimate: Total Indicated Contained oz.- 336k oz AuEq Total Inferred Contained oz.

­ 246K oz AuEq.