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White Tiger Mining Corp. (TSXV:WTC) announced receiving assays from five additional core drill holes at its Marshall Lake property. The Company drilled three additional drill holes as part of the recently completed drill program but announced that they intend to continue drilling at the property.
As quoted in the press release:
White Tiger has the option to earn a 50% interest in the Marshall Lake project from Rainy Mountain Royalty Corp. (“Rainy Mountain” – TSX-V:RMO) and Marshall Lake Mining PLC (“MLM”) by spending $4 million in exploration expenditures over 5 years and issuing 2 million shares over 4 years to Rainy Mountain. As well, White Tiger has the additional option to increase its interest to 75% by incurring such additional expenditures as are necessary to take the project to bankable feasibility stage.
Click here to read the White Tiger Mining Corp. (TSXV:WTC) press release
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