White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is planning for an aggressive 2021 field season and exploration drill campaign in Alaska is well advanced. Three drill rigs have been secured, as has supporting helicopter services, two remote accommodation camps and geophysical contractors.
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. 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 @ 12.9% ZnEq for 1.1 million tonnes of contained zinc equivalent. 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. White Rock Minerals is listed on the Australian Stock Exchange.
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is an Australian minerals exploration and development company with activities focussed on two projects: Red Mountain and Mt Carrington.
White Rock Minerals (ASX:WRM) (OTCMKTS:WRMCF) is pleased to provide an update regarding ongoing interpretation of data acquired at the Last Chance gold target during the 2020 field season.
Significant activity during the period include the proposed Acquisition of AuStar Gold Limited, a term sheet signed with Thomson Resources Ltd to Earn-In and Joint Venture Mt Carrington, the Red Mountain Zinc-Silver-Lead-Gold Project, Alaska, USA and the work program at the Last Chance Gold Target.
White Rock Minerals Ltd (ASX:WRM) Signs Term Sheet with Thomson Resources to Progress Mt Carrington Project
Thomson Resources Ltd (ASX:TMZ) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to advise that they have entered into a binding and exclusive Term Sheet for a 3 stage earn-in and option to joint venture agreement.
AuStar Gold Limited (ASX:AUL) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to advise that they have entered into a binding Merger Implementation Deed (MID), pursuant to which it is proposed that White Rock will acquire 100% of the issued share capital of AUL.
White Rock Minerals (ASX:WRM) (OTCMKTS:WRMCF) is pleased to provide an update on a number of exciting new VMS prospects sampled during the 2020 field season at its 100% owned Red Mountain Project, Alaska.
During the Quarter White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) report the remaining assay results were received for all eight diamond drill holes completed during the maiden drill program at the Company's large Last Chance Gold Target.
During the 2020 field season, White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) completed a detailed regional stream sediment program over the Company's recently expanded tenement package to the west and south of the Last Chance gold target discovered from similar sampling during the 2019 field season.
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) provides an update on its maiden exploration program at its 100% controlled Last Chance Gold Target, Alaska where a program of eight diamond drill holes tested surface gold anomalies and hydrothermal silica breccia structural targets.