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White Metal Resources Corp.
Summary
| Project: | Pickle Lake | |
|---|---|---|
| Deposit: | Dobie Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-10-2016: White Metal Resources Corp. announces an Exploration/Drilling Update report for its Dobie Zone deposit at the Pickle Lake project. Drilling Results incl. 42.0m @ 1.32g/t Au from 58.5m. Thunder Bay, Ontario: White Metal Resources Corp. (TSX-V:W | |
| Resources: | (Resource, historic): 0.301Mt @ 5.5g/t Au for 50koz Au contained | |
| CP/QP: | [Overall Report]: Paul Nielsen (Not Stated) | |
| ABSTRACT: | Thunder Bay, Ontario: White Metal Resources Corp. (TSX-V:WHM) (“White Metal” or the “Company) would like to announce the results of the recently completed diamond drill program on the Dobie Property previously announced on September 13, 2016. While reviewing the core from the previous drilling campaign conducted in 2009 by Manicouagan Minerals, it was noted that very fine arsenopyrite existed in core not sampled from drill hole DOB-09-14. This core was split and sent in for gold assay as part of this year’s efforts and resulted in extending the intersection to 1.32gpt Au over 42.0m including 1.52gpt Au over 33.5m compared to the previously announced 1.53gpt Au / 27.9m (see Table1 and plan map below). Hole DOB-16-17 drilled 20m to the west of DOB-12-14 intersected 1.51gpt Au over 13.7m within a larger mineralized envelope of 0.74gpt Au over 39.1m. Diamond drill hole DOB-16-18, a 50m step-out to the northwest from DOB-09-12, returned 2.08 gpt Au over 4.1m. Hole DOB-16-20 was drilled 50m to the east of DOB-12-14 and assayed 1.24 gpt Au over 20.6m including 2.05 gpt Au over 5.5m. Hole DOB-16-19, drilled on section and above DOB-16-18, intersected neither the Dobie nor the altered volcanic zone (“AV”) but did intersect the underlying iron formation suggesting it may be offset by faulting. This diamond drill program was successful in extending the known Dobie Zone by 50m along strike to the northwest and also testing a 100m void between drill holes DOB-09-10 and DOB-12-14. To date the Dobie Zone has been drill tested a total of 230m and continues to remain open along strike to the northwest and at depth where the mineralized horizon appears to be getting thicker. | |
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