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White Rock Minerals Ltd.

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Summary

Project:

Mt Carrington

Deposit:Lady Hampden
Location:Australia
Commodities:Gold-Silver
Date:5/30/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:30-5-2017: White Rock Minerals Ltd. announces an Exploration/Drilling Update report for its Lady Hampden deposit at the Mt Carrington project. Drilling results incl. 29m @ 23g/t Ag, 1.85g/t Au from 33m. White Rock Minerals (“White Rock”) has received assa
Resources:(Resource, Total): 338000oz Au and 23.5Moz Ag at project
CP/QP:[Overall Report]: Rohan Worland (Not stated)
ABSTRACT:White Rock Minerals (“White Rock”) has received assays results for the two drill holes completed in April at its Mt Carrington gold – silver project in northern NSW. Drilling was completed at the Lady Hampden deposit to obtain additional fresh rock samples required to complete the metallurgical test work program currently underway for each of the main deposits at Mt Carrington: Lady Hampden (silver and gold), Strauss (gold), Kylo (gold) and White Rock (silver). Assay results were in line with expectations, supporting the wide zones of mineralisation known to exist in this deposit. The sample intervals intersected provide representative mineralisation as well as high grade and low grade variability samples from within the current pit design, for use in metallurgical test work to optimise the processing flow sheet including the comminution and flotation circuits. CEO and MD Matt Gill said “These drill results continue to support our confidence in the gold and silver resource at Mt Carrington. The Definitive Feasibility Study work commenced in January this year utilising the expertise of six consultancies and is progressing well. Detailed geological modelling is ongoing, as is the necessary geotechnical, mining, metallurgical, engineering and water management components. In parallel, we are progressing the key environmental studies necessary at this early stage to inform the Mine Plan. We hope to be in a position to release a Probable Reserve Statement to JORC 2012 standard during the 3rd quarter of this year.”

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