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White Metal Reports 45 Metres Grading 2 02% Cu and 33 g/t Ag from Second Set of RC Drill Hole Results, Taranis Copper-Silver Project, Namibia
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White Metal Resources Corp.: White Metal Reports 45 Metres Grading 2.02% Cu and 33 g/t Ag from Second Set of RC Drill Hole Results, Taranis Copper-Silver Project, Namibia
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The recently completed RC drilling program (OK20-P series holes) on the Property was aimed at twinning, as close as possible and as reflected in Table 1, many of the RC drill holes that were used to calculate the 2011 historical mineral resource estimate (Table 2).
Once the Company receives all the results from the recently completed drilling program it will begin the process of updating the historical mineral resources from the Okohongo Cu-Ag Deposit to a current National Instrument 43-101 ( NI 43-101 ) mineral resource estimate and technical report.
White Metal Provides Update on Drilling Program and Options Strategically Located Patent, Tower Stock Gold Project, Ontario
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White Metal Reports on Exploration Progress and Provides Corporate Update
White Metal Resources Corp. is pleased to provide shareholders with an update of the Company’s ongoing exploration initiatives and general corporate activities. The Company recently closed a fully-subscribed non-brokered private placement financing of flow-through and non-flow through units for aggregate proceeds of $2.273 million . The Company is well-funded and positioned to aggressively advance its Tower Stock …
White Metal Resources Corp. (TSXV: WHM) (“White Metal” or the “Company”) is pleased to provide shareholders with an update of the Company’s ongoing exploration initiatives and general corporate activities. The Company recently closed a fully-subscribed non-brokered private placement financing of flow-through and non-flow through units for aggregate proceeds of $2.273 million (see Company news release dated 22 February 2021). The Company is well-funded and positioned to aggressively ad
White Metal Resources Corp.: White Metal Announces Increase to Private Placement Financing
Thunder Bay, Ontario (Newsfile Corp. - February 5, 2021) - White Metal Resources Corp. (TSXV: WHM) ( White Metal or the Company ) Further to its January 18, 2021 news release the Company announces that it has increased its private placement financing from $2 million to up to $2,213,000.
On receipt of all regulatory approvals, the Company intends to issue up to 4,715,385 flow-through units at a price of $0.13 per flow-through unit, each consisting of 1 flow-through common share of the Company and one common share purchase warrant, with each warrant entitling the holder to acquire an additional common share of the Company at $0.20 for a period of 24 months from the date of issue, and up to 17,777,778 non-flow-through units at a price of $0.09 per unit each consisting of 1 common share of the Company and 1 common share purchase warrant, with each warrant entitling the holder to acquire an a
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