January 19, 2010 Underworld Resources announced the initial resource estimation for the Golden Saddle and Arc Deposits at the White Gold Property, Yukon, Canada. The resource at Golden Saddle includes 1,004,570 ounces at a grade of 3.2 g/t gold in an indicated category, with an additional 407,413 ounces of inferred resources at an average grade of 2.5 g/t gold. At the Arc Zone, the initial resource includes 170,470 ounces at an average grade of 1.2 g/t gold in the inferred category.
January 5, 2010 Underworld Resources announced the results of a comprehensive metallurgical testing program on samples from the Golden Saddle and Arc deposits, at the 100% owned White gold property, Yukon, Canada. Recovery ranged from 78% to 97% at the Golden Saddle Zone and the comprehensive metallurgical testing indicate that 92% or better gold recovery can be expected with a conventional plant at Golden Saddle.