Total
0
Shares
Source: White Rock Minerals
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • White Rock Minerals (WRM) expands its tenement footprint at the Red Mountain project to capture emerging volcanogenic massive sulphide deposits
  • The 58 new claims would cover the Galleon Prospect and the newly discovered Keevy trend
  • It would take the company’s presence in the area to 1327 claims over 836 square kilometres
  • Grassroots exploration efforts are ongoing at the Alaskan project, which has so far indicated potential signs of zinc, lead, copper and iron mineralisation
  • White Rock Minerals shares are up 1.03 per cent and trading at 49 cents

White Rock Minerals (WRM) is expanding its tenement footprint at the Red Mountain project to capture emerging volcanogenic massive sulphide deposits.

The company said it was looking to secure tenements to the north covering the Galleon Prospect — which had previously been held by competitors — and tenements to the south covering the newly identified Keevy trend.

The further 58 mining claims would cover 38 square kilometres and would take the company’s project total to 1327 claims over 836 square kilometres.

White Rock is in the process of exploring potential new volcanogenic massive sulfide deposits within its Alaskan project to sit alongside its Dry Creek and WTF prospects.

So far, White Rock said grassroots exploration efforts had yielded some high-grade massive sulphide rock floats indicative of zinc, lead, copper and iron.

The company has moved to more detailed analysis including geochemical surface sampling and electrical geophysics surveys to identify and prioritise targets ahead of anticipated drill testing.

White Rock Minerals shares were up 1.03 per cent to trade at 49 cents at 1:02 pm AEST.

WRM by the numbers
More From The Market Herald

" Albion Resources (ASX:ALB) eyes maiden drilling program at Lennard Shelf

Albion Resources (ALB) has received heritage clearance for its maiden drilling program at Pilbara East which is expected to kick off this month.
Sunshine Gold (ASX:SHN) - Managing Director, Damien Keys

" Sunshine Gold (ASX:SHN) confirms copper-molybdenum system at Titov

Sunshine Gold (SHN) has confirmed a large-scale copper-molybdenum system at the Titov prospect at Ravenswood West.
Sunrise Energy Metals (ASX:SRL) - CEO, Sam Riggall

" Sunrise Energy Metals (ASX:SRL) advances self-titled battery project

Sunrise Energy Metals (SRL) spent much of the September quarter focused on progressing its Sunrise Battery Materials Project in NSW.
Alexium International Group (ASX:AJX) - CEO, Bob Brookins

" Alexium International Group (ASX:AJX) achieves record sales

Alexium International Group (AJX) achieved its best ever sales over Q1 FY22, with cash receipts also hitting a new high.