White Rock Minerals Ltd: 31 December 2019 Quarterly Activities & Cashflow Report
Ballarat, Australia - White Rock Minerals Ltd. (ASX:WRM) provide the Quarterly Activities Report - for the Quarter ended 31 December 2019.HIGHLIGHTS
- Stream sediment sampling has identified a large, robust gold anomaly named Last Chance, measuring 15km2 in area and located in the Tintina Gold Province, Alaska.
- The Tintina Gold Province is host to giant gold deposits including Donlin Creek (45 Moz Au), Pogo (10 Moz Au) and Fort Knox (13.5 Moz Au).
- Within the greater gold anomaly, a highly anomalous core area with over 3.5km of east-west strike length has been defined by four first order stream catchments at >100ppb (0.1g/t) gold with a peak value >0.4g/t gold.
- Stream sediment sampling also identified a strong zinc-copper anomaly named the Moose prospect.
- White Rock has moved quickly and has secured an additional 84km2 of tenements over these two high priority target areas, expanding the Company's total district-scale strategic tenement package to 559km2.
- Drilling at the high-grade Dry Creek VMS deposit intersected 1.4m @ 13.9% zinc, 4.4% lead, 115g/t silver, 0.8g/t gold & 0.3% copper for 21.6% Zn Eq1 interpreted to be the extension to the high grade Fosters lens, the upper of two lenses in the Dry Creek deposit.
- Previous drilling at Dry Creek tested the deposit to a depth of just 200 metres. The success of this 200 metre plus down-dip step out drill hole suggests considerable potential for the deposit to grow in size and tonnes along its entire 1,200 metre strike length.
- Drilling terminated due to poor ground conditions in the hangingwall chert sequence believed to be above the high-grade Discovery lens stratigraphic position.
To view the quarterly report, please visit:
https://abnnewswire.net/lnk/779KTQJ3
About White Rock Minerals Ltd:
White Rock Minerals Ltd. (ASX:WRM) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska, where it has an earn-in joint venture arrangement with Sandfire Resources NL. At Red Mountain, there are already two high grade deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 12.9% ZnEq for 1.1 million tonnes of contained zinc equivalent. The Mt Carrington project, located near Drake, in Northern NSW, is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver. White Rock Minerals is listed on the ASX:WRM.
Source:
White Rock Minerals Ltd.
Contact:
For further information, contact: Matthew Gill or Shane Turner Phone: +61-3-5331-4644 Email: info@whiterockminerals.com.au www.whiterockminerals.com.au For Media and Broker queries: Peta Baldwin Phone: +61-455-081-008 Cannings Purple Email: pbaldwin@canningspurple.com.au
