Base Metals

Ontario, Canada (ABN Newswire) - White Metal Resources Corp. (CVE:WHM) (FRA:CGK1) (OTCMKTS:TNMLF) is pleased to announce it has started its summer drilling program on the Tower Stock Gold Property which is located about 40 km west-northwest of the port city of Thunder Bay, Ontario and covers approximately 1,968 hectares. The diamond drilling program is expected to take between four and five weeks to complete with a total of 3,000 metres planned.

Michael Stares, President and CEO of White Metal, commented, "I am very pleased to start this second round of drilling and equally as excited to be drilling the newly discovered Ellen Zone. Also we have numerous other great targets that have been selected to drill test from recently completed DASVISION IP Survey and the 3D magnetic interpolation. The drilling program will also be focused on untested areas of the Bench Zone which have separations in drilling of up to 75 to 100 metres and as a result a considerable amount of detailed drilling is required. Another key aspect of the drilling program will be to test the possibility that the U-V Zone, Ellen Zone and the Bench Zone all connect to the south D Zone, which will give the gold zone a and aggregate 1.5 km strike length. The H Zone will also be drill tested to see if the gold mineralization does indeed dip 60 degrees to the southwest as suspected from the results of last winter's drilling program. I look forward to getting the core to the lab and reporting the assay results to our shareholders."

The newly discovered Ellen Zone, located about 340 metres south of the U-V Zone and about 300 metres north of the Bench Zone, is an area that has seen no historical drilling and is open in all directions. The drilling campaign will be focused on several key areas including:

- To further test and extend the newly discovered Ellen Zone, as reported from drill hole TM-21-94, which returned 1.7 g/t Au over 82.5 metres, including 3 g/t Au over 45 metres, and including 1.5 metres of 58 g/t Au and 198 g/t Ag;

- Tracing the Ellen Zone to the northwest and to the southeast;

- Extending the Bench Zone both northwest and southeast;

- Step out holes to follow up on drill hole TM-21-97, which intersected anomalous gold mineralization over nearly its entire 347.71 m length (47% of 229 samples >100 ppb Au, to a maximum of 2.16 g/t Au) and supported the interpretation that the Bench Zone dips 50 to 60 degrees southwest;

- Confirming the Company's interpretation that the Bench Zone is open in all directions;

- Testing the extension of the D Zone, TM-21-95 which returned 0.63 g/t Au over 63.5 metres. This wide intercept of elevated gold mineralization is located 300 metres southeast of TM-21-95 and is thought to be connected to the Bench Zone to the north;

- Testing up to three IP targets; 1) associated with and proximal to 04-36 Zone which is untested, 2) an extensive anomaly occurring between the U-V and Bench zones and is mostly untested, and 3) an anomaly located in the south extent of the overall target area (E Zone) with one historical hole TM-07-57 that drilled along the west edge of the anomaly and returned 0.37 g/t Au over 79.5 metres; and

- Testing across a resistivity high which underlies the majority of the Ellen Zone.

To view a detailed description of the planned drilling areas, please visit:
https://www.whitemetalres.com/tower-stock-au.html

All drill hole intersections presented herein represent drill core lengths (intervals) and are not considered true widths.

Qualified Person

Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the NI 43-101.

*To view the release, please visit:
https://abnnewswire.net/lnk/8RZYX415



About White Metal Resources Corp:

White Metal Resources Corp. (CVE:WHM) (FRA:CGK1) (OTCMKTS:TMNLF) is a junior exploration company exploring in Canada and southern Africa. The company's two key properties are the Flagship Tower Stock Gold Project in Thunder Bay, Ontario, Canada and the Okohongo Copper-Silver Project in Namibia, Africa. For more information about the Company please visit www.whitemetalres.com.



Source:
White Metal Resources Corp



Contact:
Michael Stares
President and CEO
White Metal Resources Corp.
Phone: +1 (807) 358-2420

Nancy Massicotte
Investor Relations
IR Pro Communications Inc.
Phone: +1 (604) 507-3377
TF: +1 (866) 503-3377
nancy@irprocommunications.com

News Provided by ABN Newswire via QuoteMedia

7 Basic Copper Facts for Investors (Updated 2022)

7 Basic Copper Facts for Investors (Updated 2022)

What copper facts are important for investors? The metal’s relationship with human development is longstanding. From its use in plumbing in ancient Egyptian civilizations to being an essential component of power generation, copper has been an “electric” metal for millennia.

Considered a tertiary commodity compared to the shinier appeal of gold and silver, copper is often the third choice for metals-focused investors during economic uncertainty. Today, copper is the third most-used metal in the world and plays a pivotal role in all major economies and in the developing world.

Here are some basic copper facts for investors looking to get into the copper resource space.

Keep reading...Show less
Midnight Sun Mining President, CEO & Lead Director Al Fabbro

Midnight Sun Mining Makes Potential "Game-changer" Copper Discovery at Zambia Property

Midnight Sun Mining makes potential ‘game-changer’ copper discovery at Zambia propertyyoutu.be

Keep reading...Show less

Trilogy Metals Provides an Update on the Ambler Mining District Access Road

Draft Supplemental Environmental Impact Statement Expected in Q2 2023

Trilogy Metals Inc. (TSX: TMQ) (NYSE: TMQ) ("Trilogy" or the "Company") is providing an update on the Ambler Access Project ("AAP") the proposed 211-mile, industrial-use-only road from the Upper Kobuk Mineral Projects ("UKMP") to the Dalton Highway.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Teck Reports Elkview Plant Outage

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that there has been a structural failure of the plant feed conveyor belt at its Elkview steelmaking coal operation in the Elk Valley of British Columbia. Initial estimates are that production at Elkview Operations will be interrupted for 1-2 months as repairs are implemented. Elkview will reschedule planned plant maintenance to take advantage of plant downtime and mine operations will focus on pre-stripping during the outage. Assuming a two-month suspension of plant operations, Teck expects the impact on 2022 steelmaking coal production will be in the range of 1.5 million tonnes.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Northern Dynasty: Pebble Tailings Storage Facility Designed to Protect the Fishery

Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company" or "NDM") and the Pebble Partnership ("PLP") highlight several design features that enhance the safety of the tailings storage facility ("TSF") for the Proposed Pebble Project to counter negative generalizations repeatedly put forward by project opponents. All currency references are in U.S. dollars

"The failure of a tailings storage facility around the world is rare. When one does occur, however, failure is often caused by the accumulation of too much water," said Ron Thiessen, President and CEO of Northern Dynasty. "The tailings storage and management plan for Pebble includes an investment of approximately $500 million in modern water treatment facilities to allow the water to be treated and safely released into the environment, meeting all required standards, instead of accumulated. Because of this and other design features, such as constructing the embankments on bedrock and with flatter slopes than is typical in the industry, the Army Corps of Engineers ("USACE") in the 2020 Environmental Impact Statement said that they could not conceive of how a failure could occur. The fact is that Alaska has a very rigorous dam permitting process which will ensure that the facility will be safe before it is built."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
American West Metals

Assay Results Confirm Outstanding Growth Potential Of West Desert

American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce significant assay results from exploration drilling at the West Desert Project in Utah (West Desert or the Project).
Keep reading...Show less

Latest Press Releases

Related News

×