White Rock Minerals Ltd (ASX:WRM) Quarterly Activities - Cashflow Report
Quarterly Activities - Cashflow ReportBallarat, Jan 29, 2021 AEST (ABN Newswire) - During the Quarter White Rock Minerals Ltd (
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.
All drill holes intersected multiple intervals of low-grade, but significant, gold mineralisation associated with hydrothermal silica breccia bodies, diffuse quartz-arsenopyrite veining and silicification.
The highest grade intersected was 1.2m @ 24.8g/t gold at Sidewinder Blowout in the top of LC20-07 at the talus-bedrock interface, a clear indication that the hydrothermal system is capable of generating high gold grades. While the high-grade mineralisation confirms the potential indicated by surface geochemical sampling, the enigmatic bedrock control remains unresolved.