A Zone Surface Program Results
Extensive detailed mapping and channel sampling exposed an area roughly 100 m x 60 m that returned consistent moderate- to high-grade gold mineralization (Table 2). The A Zone is underlain by metavolcanic rocks characterized by hydrothermal brecciation and pervasive calcic + sericite hydrothermal alteration and ubiquitous pyrite throughout, locally up to 12%. The A Zone also exhibits the presence of a later structural system of sheeted, parallel quartz veining and fracturing. This later deformation appears to have enriched gold concentrations, possibly through remobilization. This is important as the intersection of structures may form a plunge that hosts the high-grade zones. Previous grab sampling and all current channel sampling has consistently returned positive gold values, reaching up to 23.6 g/t over 1.5 m, with visible gold noted locally within the vein/fracture system. The mineralized zone is at least 20 metres-wide across strike and remains open to the south and at depth.
A diamond drill is being mobilized to the site and six initial drill holes have been designed to test this exciting target at the A Zone. Oriented core will be utilized to gain a better understanding of the vein/fracture system and general structures.
Table 1. Summary of results from Phase 2 drill hole TM-21-108 (A Zone); gold intervals start near-surface.
Table 2. Channel samples and assay intervals, A Zone channel sampling program (click here to see map).
The Tower Mountain Gold Project covers 2,038 hectares and is located about 50 km west of the port city of Thunder Bay, Ontario. The Project has year-round access and is proximal to both a major highway and railway lines. Drilling to date on Phases 1 and 2 totals 6,245.5 metres and has confirmed the Property’s ability to continuously generate exciting intercepts and the exceptional potential for large-tonnage, low-grade gold deposits with local high-grade gold mineralization. The Phase 3 drilling program is designed to continue to extend length, width and at depth of known zones.
The Tower Mountain Gold Property represents an area of exceptional and widespread gold endowment hosted predominantly within a broad package of metavolcanic rocks intruded by a Neo-Archean, high-level, multi-phase, sub-alkali intrusion. Gold mineralization occurs mostly as disseminated within multi-stage calcic-dominated alteration and also within west-northwest vein arrays and a complex system of hydrothermal breccias which may also have acted as feeder systems.
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 NI 43-101. Historical information and data referred to in this news release has not been independently verified by a Qualified Person.
About White Metal Resources Corp.:
White Metal Resources Corp. is a junior exploration company exploring in Canada and southern Africa. The Company’s two key properties are the Flagship Tower Mountain 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.
On behalf of the Board of Directors
President & CEO
For further information contact:
President & CEO
White Metal Resources Corp.
684 Squier Street
Thunder Bay, ON P7B 4A8
Phone: +1 (807) 358-2420
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Phone: +1 (416) 868-1079 x 232
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