White Rock Minerals Ltd Stock Market Press Releases and Company Profile
Commences Field Assessment of Regional Zinc VMS Targets
Commences Field Assessment of Regional Zinc VMS Targets

Ballarat, May 30, 2018 AEST (ABN Newswire) - White Rock Minerals Ltd (googlechartASX:WRM) ("White Rock" or the "Company") is pleased to announce that field crews have commenced on ground assessment of recently identified regional exploration targets at its globally significant(see Note below) 100% owned high-grade zinc VMS project at Red Mountain in Alaska.

Leading into the 2018 field season, White Rock identified a number of high priority VMS targets outside the known high-grade zinc - silver - lead - gold VMS deposits at Dry Creek and West Tundra (refer ASX Announcement 13 September 2016 "White Rock identifies multiple zinc-silver VMS targets"). These high priority VMS targets are conductors located within zones of anomalous surface geochemistry that are indicative of proximal VMS mineralisation.

The VMS targets were identified utilising an assessment done by Dr Jim Franklin, a recognised global VMS expert, of existing surface geochemical data, in conjunction with a detailed interpretation by Condor Consulting, Inc., recognised experts in the field of airborne electromagnetics ("EM"), of an existing EM and magnetics survey.

Both Dr Franklin and Condor were able to use the known deposits at Dry Creek and West Tundra Flats to calibrate their assessment of the regional data. The resulting geochemistry assessment prioritises the Dry Creek West, ReRun, West Tundra, Rod, Smog and Glacier target areas as highly prospective for additional VMS deposits (see Figure 1 in link below), and Condor identified a number of high priority conductors as having the potential of being caused by massive sulphide mineralisation (see Figure 2 in link below). The highest priority conductors are located within the geochemical target areas, some of which are coincident with strong base metal and precious metal anomalies from historic sampling (Conductor 1 to 30).

Field crews have now commenced their field assessment at the highest priority targets with the intention of undertaking mapping and surface sampling prior to selecting targets for drill testing throughout the 2018 campaign (see Figures 3 and 4 in link below).

Field crews have already been able to assess conductivity targets 2, 3, 4, 5, 6, 8 & 9 as well as the associated proximal soil geochemical anomalies. Detailed mapping and sampling of prioritised prospects will now commence ahead of drill testing. It is anticipated a handheld XRF will be utilised to rapidly validate the location and tenor of historic surface zinc, lead, silver and copper anomalism prior to locating drill holes to test the new targets, without the need for samples to be submitted to the laboratory and subsequent long lead time to surface geochemistry results.

Note: Refer ASX Announcement dated 26 September 2017 "White Rock Minerals Independent Research Report".

To view figures, please visit:
http://abnnewswire.net/lnk/8605WDNL


About White Rock Minerals Ltd

White Rock Minerals Ltd

 White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska. At Red Mountain, there are already two high grade zinc - silver - gold - lead VMS deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 609g/t AgEq / 13% ZnEq. The Company is also exploring its recently discovered large intrusion related gold anomaly at Last Chance, also located in the Tintina gold belt of Alaska, home to multi-million gold ounce deposits like Pogo, Fort Knox and the Donlin Project. The Company also has the Mt Carrington project, located near Drake, in Northern NSW, which is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver on an approved mining lease, and with a Gold First PFS and JORC Reserve.

https://www.linkedin.com/company/white-rock-minerals-ltd/ abnnewswire.com 


Contact

For further information, contact:

Matthew Gill or Shane Turner
Phone: +61-3-5331-4644
info@whiterockminerals.com.au
www.whiterockminerals.com.au



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