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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). ....
White Rock Minerals Ltd (ASX:WRM) and AuStar Sign Revised Merger Implementation Deed
White Rock and AuStar Sign Revised Merger Implementation DeedBallarat, April 30, 2021 AEST (ABN Newswire) - AuStar Gold Limited ( ASX:AUL) and White Rock Minerals Ltd ( OTCMKTS:WRMCF) refer to their joint ASX announcement of 3 February 2021 in which they advised that they had entered into a Merger Implementation Deed for the Share Scheme. AuStar Gold and White Rock are pleased to advise that they have now entered into an Amended and Restated Merger Implementation Deed (Revised MID), which, in addition to the Share Scheme, also includes mechanisms for dealing with AuStar Gold listed options and other AuStar Gold securities on issue. ....
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: ....