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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: | 11/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-11-2019: White Rock Minerals Ltd. announces an Exploration/Drilling Update report for its Dry Creek deposit at the Red Mountain project. Drilling results incl. 1.4m @ 13.93% Zn, 115g/t Ag, 4.36% Pb, 0.83g/t Au, 0.27% Cu from 524.6m. White Rock Minerals | |
| Resources: | ||
| CP/QP: | [Overall Report]: Rohan Worland (Internal) | |
| ABSTRACT: | White Rock Minerals Ltd (“White Rock” or the “Company”) is pleased to provide an update on the 2019 exploration program at the Company’s globally significant Red Mountain high-grade zinc and precious metals VMS project in central Alaska (Red Mountain Project). Assay results for the final drill hole of the 2019 season at Dry Creek have been received. Drill hole DC19-96 tested an aggressive 200 metre plus down-dip step out from the known high-grade zinc – silver – lead – gold mineralisation of both the Fosters and Discovery lenses at the Dry Creek deposit. Mineralisation was successfully intersected with 1.4 metres including massive sulphide containing abundant sphalerite (zinc sulphide) located within stratigraphy equivalent to the Fosters lens. Assay results for this intersection returned 1.4m @ 13.9% zinc, 4.4% lead, 115g/t silver, 0.8g/t gold & 0.3% copper for 21.6% ZnEq1 . The drill hole also intersected a chert horizon correlating with the hangingwall position to the lower Discovery lens of massive sulphide mineralisation before being terminated due to poor ground conditions and the end of the field season corresponding with the onset of winter, leaving the Discovery lens potentially ahead of the drill hole path and untested. There are already two high grade deposits at the Red Mountain Project, with an Inferred Mineral Resource2 of 9.1 million tonnes @ 12.9% ZnEq1 for 1.1 million tonnes of contained zinc equivalent at Dry Creek and WTF. This VMS polymetallic Resource zinc equivalent grade is made up of 5.8% zinc, 2.6% lead, 157 g/t silver and 0.9g/t gold. | |
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