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.
White Rock Minerals Ltd (ASX:WRM) Another Large Gold Anomaly Identified at Last Chance Alaska
Another Large Gold Anomaly Identified at Last Chance AlaskaBallarat, Dec 21, 2020 AEST (ABN Newswire) - During the 2020 field season, White Rock Minerals Ltd (
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. The Company believes that the Last Chance area is highly prospective for Cretaceous gold systems related to the world class Tintina Gold Province, host to gold deposits such as Donlin Creek (45Moz gold) owned by NovaGold and Barrick, Fort Knox (13.5Moz gold) owned by Kinross and Pogo (10Moz gold) owned by Northern Star (Figure 2 ).
White Rock Minerals Ltd (ASX:WRM) Exploration Update - Last Chance Gold Target - Alaska
Exploration Update - Last Chance Gold Target - AlaskaBallarat, Dec 18, 2020 AEST (ABN Newswire) - White Rock Minerals Ltd (
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 at the Pickle, Sidewinder West, Double Down and Sidewinder Blowout prospects (Figure 1 & 3 ).
Assay results for samples from the final three diamond drill holes have been received. Assay results to date confirm that the hydrothermal silica breccia bodies and quartz-arsenopyrite veins encountered in drilling and mapped at surface show a large system of strongly anomalous arsenic and antimony consistent with what has been interpreted to be the upper brittle levels of a very large orogenic and/or Intrusion Related Gold Sy
White Rock Minerals Ltd (ASX:WRM) Update on Koala Metals Term Sheet on Mt Carrington
Update on Koala Metals Term Sheet on Mt CarringtonBallarat, Dec 10, 2020 AEST (ABN Newswire) - White Rock Minerals Ltd (
OTCMKTS:WRMCF) refers to its announcement dated 20 October 2020 in relation to a non-binding non-exclusive term sheet (Term Sheet) with Koala Metals Pty Ltd (Koala Metals). The Term Sheet s objective was to enter into a joint venture with Koala Metals to advance White Rock s gold and silver project at Mt Carrington in NSW, Australia.
Koala Metals has notified White Rock that it is incapable of meeting the conditions to closing under the Term Sheet and accordingly has withdrawn from the Term Sheet.