White Rock Minerals (ASX:WRM) - CEO & Managing Director, Matt Gill
CEO & Managing Director, Matt Gill
Source: The Market Herald
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Gold explorers White Rock Minerals (WRM) finds a new gold discovery at Pepper Prospect, located at the Last Chance in Alaska
  • Recent rock chip samples from Pepper contained up to 6.5 grams per tonne of gold
  • Mineralisation at the prospect extends over one kilometre of strike east-west and is open-ended
  • The company is still waiting for further rock and soil samples
  • On the market, White Rock is down 1.59 per cent and is trading at 31 cents per share at 12:46 pm AEST

White Rock Minerals (WRM) has found a new gold discovery at Pepper Prospect, located at the Last Chance in Alaska.

The Last Chance Prospect is a large, strong and robust gold anomaly defined by 27 stream sediment sample points and was found in 2019.

Notably, the Last Chance area is unexplored with no historic mining claims.

The recent geological reconnaissance follow up of gold stream sediment anomalies identified new areas of the large Last Chance gold system.

Recent rock chip samples from Pepper contained up to 6.5 grams per tonne of gold.

Mineralisation at the prospect extends over one kilometre of strike east-west and is open-ended.

Pepper is located with the prolific Tintina Gold Province, which is home to giant gold deposits including Donlin Creek, Pogo and Fort Knox.

Further rock and soil samples are still pending from the prospect.

Last Chance is within White Rock Minerals Red Mountain Project, located in central Alaska.

On the market, White Rock was down 1.59 per cent and was trading at 31 cents per share at 12:46 pm AEST.

WRM by the numbers
More From The Market Herald

" BBX Minerals (ASX:BBX) starts Brazillian gold drilling after pandemic delays

BBX Minerals (ASX:BBX) has begun a 2500-metre diamond drilling program at the Três Estados and Ema…
The Market Herald Video

" BBX Minerals (ASX:BBX) shares rise on platinum values from Três Estados

BBX Minerals (ASX:BBX) records platinum values in diamond drilling at its Três Estados project, using its…
The Market Herald Video

" BBX Minerals (ASX:BBX) receives assays from Três Estados, announces $2.13m placement

BBX Minerals (ASX:BBX) has received assay results from holes TERC-006 and TED-009 at the Três Estados…

" Black Dragon Gold (ASX:BDG) acquires two WA gold projects

Black Dragon Gold (ASX:BDG) has entered the WA gold exploration market through the acquisition of private…