Barclay Pearce Capital
- Jul 27, 2022
- 3 min read
White Rock Minerals (ASX:WRM) - 972 g/t Gold Intercept, Gap Zone, Morning Star Gold Mine
White Rock Minerals Limited (ASX: WRM; OTCQX:WRMCF), (‘White Rock’ or ‘the Company’) is pleased to provide an update on its in-mine exploration activities at the Morning Star Underground Gold Mine at Woods Point in northeast Victoria.
Highlights
- White Rock reports continued exploration success from its ongoing underground diamond drilling campaign at the Morning Star Underground Gold Mine, Victoria.
- Continued success in the Gap Zone drilling is highly encouraging, with the first pass drilling phase now completed. Two intercepts have assayed greater than 700 g/t gold, with assay results still to be received from a further eight holes.
- Drill hole 22GZL9016 has returned 25 metres @ 972 g/t gold (31 ounces per tonne of gold) in a quartz reef interval with abundant visible gold from the Achilles Reef in the Gap Zone.
- Final screen fire assays for Gap Zone drillhole hole 22GZL9013 returned 740g/t gold over a width of 0.4 metres.
- Drilling continues to return positive grades associated with the Dickenson South mining area, supporting White Rock’s recent commencement of pre-production mine access activities. Recent results include 31g/t gold over 0.2 metres.
- Drilling of the Whitelaw target area also returns positive results from recent drilling, highlighting the area as a prospective longer term mining target. Recent results include 9g/t gold over 1.1 metres.
- White Rock’s recent drilling program has allowed the Company to complete a geological structural review of the deposit, highlighting several underexplored zones of prospectivity close to existing mining infrastructure. This close proximity to infrastructure allows for short to medium-term drill.
View the full announcement here.
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