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White Rock Minerals Ltd (ASX:WRM) 31 March 2021 Quarterly Activities & Cashflow Report
31 March 2021 Quarterly Activities & Cashflow ReportBallarat, April 29, 2021 AEST (ABN Newswire) - During the Quarter White Rock ( RED MOUNTAIN PROJECT, ALASKA Six new, potentially significant, mineralised massive sulphide targets have been identified in the emerging Last Chance VMS camp from the follow-up of stream sediment anomalism during the 2020 field season, and returned promising assays results including: - Horseshoe (up to 8.3% Zn, 0.3% Pb, 1.1% Cu, 12g/t Ag & 3.6g/t Au). - Bib (up to 7.3% Zn, 5.1% Pb, 0.3% Cu, 40g/t Ag & 0.3g/t Au). - Bib West (up to 5.7% Zn, 1.4% Pb & 0.2% Cu) - Grapple (up to 3.6% Zn, 1.9% Pb, 0.7% Cu & 40g/t Ag). ....
White Rock Minerals Ltd (ASX:WRM) Successful Completion of Placement
Successful Completion of PlacementBallarat, April 30, 2021 AEST (ABN Newswire) - Further to its ASX announcement of 21 April 2021, White Rock ( OTCMKTS:WRMCF) is pleased to announce the successful completion of the placement of fully paid ordinary shares (Shares) to various institutional and sophisticated investors which raised approximately $8.578 million (before costs) (Placement). A total of 16,820,664 Shares have been issued under the Placement at an issue price of $0.51 (51 cents) per Share. The Shares issued under the Placement will rank equally with existing shares. The funds raised from the Placement will be applied towards White Rock s 2021 exploration program at its Last Chance Gold IRGS Prospect and its Red Mountain Silver-Zinc-Gold-Lead VMS Prospect in Alaska, in particular: ....
White Rock Minerals Ltd (ASX:WRM) Exploration Activities Commence at Last Chance - Alaska
OTCMKTS:WRMCF) has commenced an airborne EM (SkyTEM) survey over the newly identified Last Chance VMS camp and the adjacent Last Chance IRGS/orogenic gold target (Figure 2 ). A total of 1,900 line kilometres will cover some 400km2. The survey is being undertaken to identify conductivity anomalies potentially associated with massive sulphide mineralisation. Six new, potentially significant, mineralised massive sulphide targets were identified in the emerging Last Chance VMS camp during the 2020 field season. Assay results included: - Horseshoe (up to 8.3% Zn, 0.3% Pb, 1.1% Cu, 12g/t Ag & 3.6g/t Au). ....
White Rock Minerals Ltd (ASX:WRM) Placement to Fully Fund Expanded 2021 Exploration in Alaska
Placement to Fully Fund Expanded 2021 Exploration in AlaskaBallarat, April 21, 2021 AEST (ABN Newswire) - White Rock Minerals Ltd ( OTCMKTS:WRMCF) is pleased to announce a proposed equity raising to raise a total of up to approximately A$8.8 million before costs, comprising a placement under which White Rock has successfully received commitments to issue 17,254,902 fully paid ordinary shares to various institutional and sophisticated investors at an issue price of A$0.51 per share (Placement). The Placement includes attaching 1 for 2 unlisted options, with an exercise price of A$0.77 and maturity of 36 months from the date of issue, subject to shareholder approval at the next general meeting of the Company. ....
White Rock Minerals Ltd (ASX:WRM) Multi Rig Drill Program to Test Silver-Zinc & Gold Targets
Multi Rig Drill Program to Test Silver-Zinc & Gold TargetsBallarat, April 12, 2021 AEST (ABN Newswire) - White Rock Minerals Ltd ( OTCMKTS:WRMCF) is planning for an aggressive 2021 field season and exploration drill campaign in Alaska is well advanced. Three drill rigs have been secured, as has supporting helicopter services, two remote accommodation camps and geophysical contractors. The Company controls 798km2 of mining claims that cover two distinct mineralisation styles within a single regional Alaskan project. A pipeline of targets exists which will facilitate drill testing of a combination of near-term Resource potential and new targets across a diversified commodity spread - gold, silver and zinc. This district-scale land package allows the Company to undertake a multi-rig drill campaign that leverages efficiencies in a district with world class potential. ....