- Fully funded exploration programme commenced at the Company's Red Mountain high-grade zinc and precious metals project.
- Funding for the Red Mountain exploration program increased by A$2M above the minimum contribution required under the Joint Venture with Sandfire Resources, to now total A$8M for 2019.
- A 25-person camp re-established and crews mobilised to site, with exploration activities including on-ground recon, sampling, mapping and geophysics.
- Drilling has commenced and is focused on testing new targets with the potential to yield a significant discovery that will support a greenfields development scenario.
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About White Rock Minerals Ltd
White Rock Minerals Ltd (ASX:WRM) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska, where it has an earn-in joint venture arrangement with Sandfire Resources NL. At Red Mountain, there are already two high grade deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 12.9% ZnEq for 1.1 million tonnes of contained zinc equivalent. The Mt Carrington project, located near Drake, in Northern NSW, is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver. White Rock Minerals is listed on the ASX:WRM.
ContactFor further information, contact:
Matthew Gill or Shane Turner
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White Rock Minerals Ltd (ASX:WRM) Red Mountain High-Grade Zinc and Precious Metals VMS Project - Exploration Update