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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. ....
White Rock Minerals Ltd (ASX:WRM) Magnetics Interpretation Assists Drill Targeting in 2021
Magnetics Interpretation Assists Drill Targeting in 2021Ballarat, Mar 17, 2021 AEST (ABN Newswire) - White Rock Minerals ( OTCMKTS:WRMCF) is pleased to provide an update regarding ongoing interpretation of data acquired at the Last Chance gold target during the 2020 field season. An interpretation of the airborne magnetics survey acquired during July 2020 has been undertaken following processing and modelling of the data. The resulting geological interpretation, completed by specialist magnetics consultant Kim Cook, has integrated all available geological field data and advanced inversion modelling completed by Carl Windels. This work aimed to identify structural positions related to potential intrusion sources driving the large gold mineral system identified at Last Chance, Alaska. ....
White Rock Minerals Ltd (ASX:WRM) Half Yearly Report and Accounts
OTCMKTS:WRMCF) is an Australian exploration and development company whose activities are focussed on gold, silver and copper exploration and development in eastern Australia and zinc - silver - lead - gold - copper exploration in Alaska, USA. The Company s two projects are 100% owned - the globally significant Red Mountain zinc and precious metals VMS project in Alaska and the Mt Carrington gold-silver project located near Drake in northern New South Wales. Significant activity during the period include the proposed acquisition of AuStar Gold Limited, a term sheet signed with Thomson Resources Ltd to Earn-In and Joint Venture Mt Carrington, the Red Mountain Zinc-Silver-Lead-Gold Project, Alaska, USA and the work program at the Last Chance Gold Target. ....