- 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.