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White Rock Minerals Ltd.
Summary
| Project: | Red Mountain | |
|---|---|---|
| Deposit: | Red Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Silver-Lead-Gold-Copper | |
| Date: | 4/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-4-2017: White Rock Minerals Ltd. announces a Resource Estimation report for its Red Mountain deposit at the Red Mountain project. Initial mineral resource estimate for Red Mountain. White Rock Minerals (“White Rock”) is pleased to announce that a maide | |
| Resources: | (Resource, Inf.): 16.7Mt @ 8.9% ZnEq. for 1,488Mt ZnEq. Contained at Red Mountain | |
| CP/QP: | [Resources]: Robert Dennis (RungePincockMinarco Ltd.) | |
| ABSTRACT: | White Rock Minerals (“White Rock”) is pleased to announce that a maiden independent Mineral Resource estimate has been completed by RPM Global Holdings Limited (“RPM”, formerly RungePincockMinarco Limited), for the Red Mountain project, Alaska. The Statement of Mineral Resources (Table 1) is reported in accordance with the requirements of the 2012 JORC Code, and is therefore suitable for public reporting. CEO and MD Matt Gill said “Establishing a Mineral Resource estimate for the two deposits at Red Mountain underpins our belief that the Red Mountain project can be home to a new camp of high grade zinc-silver-gold VMS deposits. This outstanding maiden Mineral Resource estimate validates our view on the potential for this district to yield further high-grade VMS deposits. Our recent work interrogating the historical geochemical and geophysical databases using a combination of world experts in the fields of VMS mineralisation and electromagnetics has already identified 30 conductors that are associated with geochemical anomalism. We are highly encouraged by this initial Mineral Resource estimate, especially as it only encompasses a small portion of our total tenement holding, and we look forward to adding considerable additional discoveries in the near future.” | |
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