WRM 0.00% 6.3¢ white rock minerals limited

White Rock Minerals Ltd's (ASX:WRM) (OTCMKTS:WRMCF) first drill...

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    White Rock Minerals Ltd
    's (ASX:WRM) (OTCMKTS:WRMCF) first drill hole in its 2021 exploration campaign at the Red Mountain Project in central Alaska has intersected zinc-rich massive sulphides at the Dry Creek deposit.

    The minerals explorer recently doubled down at Dry Creek, with all eyes on a multi-element target that boasts 1.2 kilometres of strike.

    To test the target, White Rock drilled a 200-metre step-out hole, confirming the VMS lens continues for at least another 200 metres down dip — double what was previously known.

    But Dry Creek’s silver-rich zinc-lead-gold-volcanic massive sulphide (VMS) target isn’t the only area of interest in the company’s exploration campaign at Red Mountain.

    In fact, White Rock will also focus drilling activity on the wider Red Mountain and Last Chance VMS camps and the Last Chance intrusion-related gold system (IRGS) targets.

    Team has “hit the ground running”

    White Rock managing director and CEO Matt Gill said: “Once again White Rock, together with its highly-experienced Alaska-based team, has hit the ground running, this year expanding exploration from a single drill rig in previous years to now be operating three drill rigs across our large district-scale 800-square-kilometre tenement …

    “The team of experienced geologists and samplers have already collected over 2,500 soil samples, all analysed in the field using portable XRF technology to allow rapid follow-up of base metal systems.

    “The close association of gold with pathfinders like arsenic and antimony also allow the XRF results to fast-track field follow-up while waiting for gold assays from the laboratory.

    “Our field crews continue to find evidence of massive sulphide mineralisation and gold mineralised structures across the tenement package, any one of which could deliver a new discovery.

    “And with a large program and three drill rigs operating on-site, White Rock is well placed to quickly take advantage of any new discovery.”

    Drilling kicks off at Dry Creek

    White Rock began its 2021 campaign with drill hole DC21-97 at the Dry Creek deposit, and the company is now waiting on assays for this maiden hole.

    This hole intersected the Fosters lens at Dry Creek, more than 200 metres below the nearest drill intersection. This massive sulphide interval of 1.8 metres contains abundant zinc (sphalerite).

    Meanwhile, a second drill hole — DC21-100 — situated 200 metres along strike to the west, is underway.

    Five additional drill holes are planned to test the full 1,200-metre strike length of the Dry Creek target at nominal 200-metre step-out positions during the 2021 field season, with 3,800 metres of drilling planned.

    Ultimately, these drill holes will scope the potential of this silver-rich zinc VMS Dry Creek deposit to grow to a size that supports a standalone development opportunity.

    Two high-grade silver-rich zinc deposits at Red Mountain have already delivered a combined 9.1-million-tonne mineral resource, grading at 157 g/t silver, 5.8% zinc, 2.6% lead and 0.9 g/t gold for 609 g/t silver equivalent or 13.2% zinc equivalent.

    Emphasis on new VMS targets

    Outside of Dry Creek, a second drill rig is on-site testing previously undrilled VMS targets.

    The targets include electromagnetic conductivity anomalies, stream sediment base metal anomalies and new VMS prospects with massive sulphide outcrops identified during the 2020 season.

    Fieldwork will continue to upgrade new prospect areas so that they are ready to be drill tested by the second rig on a priority basis during the 2021 season.

    All up, 3,600 metres has been budgeted for the second drill rig to complete over the new VMS targets.

    Last but not least: Last Chance

    Renewed exploration at Last Chance comes after the 2020 campaign identified a large IRGS and/or orogenic gold system at the prospect, spanning around 15 square kilometres with a core 2-kilometre strike length.

    The 2021 drilling campaign aims to test the structurally controlled gold system at 400 to 600 metres below surface, targeting the down-dip projection of mineralised breccias and potentially favourable host rocks.

    A third drill rig has now commenced drilling at the Last Chance gold target area, with 3,000 metres of drilling budgeted to test gold targets at Last Chance during the 2021 field season.

 
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