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White Rock Minerals Ltd.
Summary
| Project: | Red Mountain | |
|---|---|---|
| Deposit: | Dry Creek | |
| Location: | United States | |
| Commodities: | Zinc-Silver-Lead-Gold-Copper | |
| Date: | 9/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-9-2018: White Rock Minerals Ltd. announces an Exploration/Drilling Update report for its Dry Creek deposit at the Red Mountain project. Drilling results incl. 4.24m @ 5.9% Zn, 2.5% Pb, 96g/t Ag, 0.1% Cu, 0.9g/t Au from 231.40m. White Rock Minerals Ltd | |
| Resources: | (Resource, Inf.): 16.7Mt @ 8.9% ZnEq. for 1,488kt ZnEq. contained at Red Mountain | |
| CP/QP: | [Overall Report]: Rohan Worland (Internal) | |
| ABSTRACT: | White Rock Minerals Ltd (“White Rock” or the “Company”) is pleased to announce that assay results for a further 6 diamond drill holes have been received. Targets tested by these drill holes included extensions to the Dry Creek Deposit (the Discovery lens and the Fosters Gap targets), as well as a series of newly identified targets away from the known deposits at Dry Creek West, Ram and Megan’s South. Results for a further 7 diamond drill holes remain outstanding and are expected within the next month2 . MD & CEO Matt Gill said “This drilling represents a significant extension to the Dry Creek deposit and notably down dip at both the Fosters and Discovery lenses. The recent results also include the testing of more distant targets identified from our work based on the earlier data and supported by our recent on-ground reconnaissance work, followed by the application of the CSAMT geophysics tool. The results do point to broad VMS mineralisation zones, containing zinc, lead, silver, gold and copper, that warrant follow-up in 2019. The discovery of mineralisation some distance from the known deposits supports our expectation that continuing exploration of The Red Mountain area will confirm a significant VMS camp.” The diamond drilling results are part of White Rock’s maiden drill campaign at the Red Mountain project, where there are two existing deposits, Dry Creek and West Tundra, which already have a Resource base of 16.7Mt at 8.9% ZnEq1 including a high-grade component of 9.1Mt @ 12.9% ZnEq1 (refer ASX announcement 26 April 2017 regarding the maiden Mineral Resource). | |
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