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White Rock Minerals Ltd executes definitive agreement with Thomson Resources Ltd to advance Mt Carrington Gold-Silver Project

White Rock Minerals executes definitive agreement with Thomson Resources to advance Mt Carrington Gold-Silver Project
Thomson will assume management of the Mt Carrington project and will have sole responsibility for keeping the project in good standing.
Mt Carrington is 5 kilometres from the township of Drake in northern NSW
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) and Thomson Resources (ASX:TMZ) have executed a definitive agreement to advance the Mt Carrington Gold-Silver Project in northern New South Wales following the completion of due diligence.
The agreement provides for a three-stage earn-in and option to joint venture whereby Thomson can earn-in for up to 70% of White Rock’s Mt Carrington project and at Thomson’s election form a JV. ....

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White Rock Minerals Ltd (ASX:WRM) and Thomson Resources Execute Agreement on Mt Carrington

White Rock Minerals Ltd (ASX:WRM) and Thomson Resources Execute Agreement on Mt Carrington

Thomson & White Rock Execute Agreement on Mt CarringtonBallarat, May 3, 2021 AEST (ABN Newswire) - Thomson Resources Ltd (
ASX:TMZ) and White Rock Minerals Ltd (
OTCMKTS:WRMCF) are pleased to advise that following completion of due diligence that both parties have now entered into a definitive agreement for a 3 stage earn-in and option to joint venture agreement ( Joint Venture Agreement ). With the definitive agreement executed Thomson can now proceed to earn up to 70% of White Rock s Mt Carrington gold - silver project ( Project ) and, at Thomson s election, to form a Joint Venture to then fund on a pro-rata basis, mine development and further exploration of the very prospective Mt Carrington leases for epithermal gold - silver (base metal) mineralisation and conceptual large copper - gold targets (see end of this Release for transaction details). ....

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White Rock Minerals Ltd executes definitive agreement with Thomson Resources Ltd to advance Mt Carrington Gold-Silver Project

White Rock Minerals Ltd executes definitive agreement with Thomson Resources Ltd to advance Mt Carrington Gold-Silver Project
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