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
Companies targeting the world’s largest copper porphyry deposits are well positioned to capitalize on a large-scale transition toward cleaner, more forward-thinking technologies.
Porphyry deposits are the world’s most important source of copper available today. In fact, copper porphyry deposits are responsible for 60 percent of global copper production, 20 percent of the world’s gold production and nearly all molybdenum production.
Such deposits range in size from tens of millions to more than 1 billion metric tons of ore. In the time of a fast-growing electric vehicle (EV) industry, copper remains one of the most critical components of both the electrification and clean energy supply chains. Experts predict that copper porphyry deposits will play a significant role in the race to keep up with EV demand.
Benton Resources has launched its campaign on the Investing News Network
Benton Resources (TSXV:BEX) positions itself as a precious and base metals project generator in Canada as it leverages mining-friendly judicial conditions, strong partnerships and tremendous infrastructure for mining success through its diverse property portfolio. The company’s key projects and equity positions are in partnership with some of Canada’s biggest mining and exploration players. For example, Rio Tinto Canada currently operates its Bark Lake project and Baril Lake West PGM project. In January 2021, Benton announced it had received the second-anniversary option payment of C$25,000 from Rio Tinto Canada for the Baril Lake West project. This project is particularly exciting due to 2018 discoveries of significant mineralization grading 4.78 percent nickel and 0.43 percent copper over 2.08 m on Rio’s neighboring claim.
This Benton Resources profile is part of a paid investor education campaign.
Overview
The prospect generator model has become one of the resource industry’s best strategies for minimizing risks associated with exploration-stage projects. With the intent to maximize rewards, this model combines diverse portfolios, strong partnerships and capital structures that reduce dilution. Because of this, investors get an opportunity to capitalize on some of the most prospective exploration and mining companies in the world under highly favorable conditions.
The prospect generator model is a unique take on exploration. Analysts point out that most of the value in prospective companies is the team’s intellectual capital and talents rather than its assets. With the right team, investors could see substantial returns and exposure to potential discoveries that some companies only dream of.
Starr” or the “
Project”) and exploration plans for this Project during the 2021 field season. The Project, which the Company has the right to earn up to a 100% interest, covers a large land position of 5,991 hectares that includes several high-grade gold and silver occurrences within a 20 km long segment of the southwestern section of the Shebandowan Greenstone Belt in the Thunder Bay Mining District of Ontario. The Project is accessible year-round by highway and logging roads and is located in close proximity to the Moss Lake gold deposit owned by Wesdome Gold Mines Ltd. and the Huronian Gold Property owned by Kesselrun Resources Ltd. (