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White Rock Minerals Ltd.
Summary
| Project: | Mt Carrington | |
|---|---|---|
| Deposit: | Strauss, Kylo | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 10/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 9-10-2017: White Rock Minerals Ltd. announces a Resource Estimation report for its Strauss, Kylo deposit at the Mt Carrington project. Updated mineral resource at the Strauss-Kylo deposit. White Rock Minerals Ltd (“White Rock” or the “Company”) is pleased | |
| Resources: | (Resource, I+I): 4.5Mt @ 1.5g/t Au, 1.6g/t Ag at Strauss-Kylo | |
| CP/QP: | [Resources]: Richard Buerger (Mining Plus Consulting Pty Ltd.) | |
| ABSTRACT: | White Rock Minerals Ltd (“White Rock” or the “Company”) is pleased to announce the results of a revised Mineral Resource Estimate for Strauss and Kylo, two of the major gold deposits at its Mt Carrington gold and silver project in northern New South Wales. This updated Mineral Resource has resulted in an increase in the amount of Indicated Mineral Resources within the deposits, which will underpin the Stage One Gold First Pre-Feasibility Study (PFS) part of the Mt Carrington Mine Plan. The 2017 Pre-Feasibility Study (PFS) is focused on evaluation of the earlier 2016 Scoping Study (refer ASX announcement 20 October 2016). The first stage of that Scoping Study was to be the mining of the two main gold resources at Strauss and Kylo. The Mineral Resource estimate for Strauss and Kylo has been completed by independent resource and mining consultants, Mining Plus Pty Ltd (“Mining Plus”) as part of the 2017 PFS and is summarised in Table 1. The preceding statements of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to appropriate significant figures. | |
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