WRM 0.00% 6.3¢ white rock minerals limited

Ann: Exploration Update - Last Chance Gold Target - Alaska, page-2

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    0 Assay results have now been received for five of the eight diamond drill holescompleted during the maiden drill program at the Company’s Last Chance Gold Target(limited assay results from the first two holes were previously reported midSeptember2).• All drill holes intersected multiple intervals of low-grade, but significant, goldmineralisation associated with hydrothermal silica breccia bodies, diffuse quartzarsenopyrite veining and silicification.• Assay results confirm strong, broad arsenic-antimony anomalism associated withgold mineralisation.• Overall, zones of silicification, veining and sulphide appear similar to that seen atsurface where mineralised rock chip results range between 0.1 and 2.0g/t gold1.• Assay results for a further three drill holes at Sidewinder Blowout and SidewinderWest are still awaited with the laboratory indicating results are on track for mid-lateDecember. Outstanding results include the most visually encouraging interceptencountered during this drill program, an approximately 56m interval of quartzveining, silica breccia and trace arsenopyrite in hole LC20-062 at Sidewinder Blowout.• Drilling indicates that the significant silica-sulphide mineralised bodies can becompletely concealed beneath talus slope material that covers 95% of the very largesurface gold anomaly at Last Chance. Numerous shallow and deep targets remain tobe drill tested throughout the 6km long gold anomaly.• Geology and results from exploration to date support the interpretation that theerosional level at Last Chance is within the upper brittle regime of a very largeorogenic and/or Intrusion Related Gold System with potential for more favourablegold deposition at depth.• White Rock is encouraged by results to date and sees need for an aggressive followup drill campaign in 2021.
 
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