White Metal Cuts 20.74 Metres Grading 2.81 g/t Gold in Trenching Program, Correlating with Drilling Results at Depth, Tower Mountain Gold Project, Ontario
White Metal Cuts 20.74 Metres Grading 2.81
g/t Gold in Trenching Program, Correlating
with Drilling Results at Depth, Tower Mountain
Gold Project, Ontario
Thunder Bay, Ontario--(Newsfile Corp. - November 18, 2021) - White Metal Resources Corp. (TSXV:
WHM) (FSE: CGK1) (OTC Pink: TNMLF) ("White Metal" or the "Company") is pleased to announce that
it has received assay results from the A Zone trenching program at the Tower Mountain Gold Project (the
"Project" or "Property"). The Company mapped and channel sampled the A Zone to gain a better
understanding of the controls on high-grade gold mineralization which proved very effective in tracing this
zone at surface. The Company is very encouraged with the results of the channel sample assays which
correlate well with similar results reported from drill hole TM-21-108 that assayed 3.94 g/t Au over 23.8
m (from near surface) (
Table 1; see also WHM news release dated October 21, 2021
). White Metal has
commenced a Phase 3 drilling program with 4,300 metres planned to test the many gold zones on the
Property of which approximately 1,000 metres will target the A Zone.
Michael Stares, President and CEO of White Metal, commented, "The A Zone channel sampling
program turned out to be very successful and we have now demonstrated that gold mineralization in this
area is continuous at surface and correlates well with recent drilling. This program has given us enough
structural knowledge to target the A Zone along strike and down-dip. We have so many great gold
targets to follow-up on during our Phase 3 drilling program and the A Zone, although a key part of moving
the Project forward, is just one of many excellent targets. As we move through the third phase of drilling, I
look forward to sharing the results with our shareholders."
A Zone Surface Program Results
Extensive detailed mapping and channel sampling exposed an area roughly 100 m x 60 m that returned
consistent moderate- to high-grade gold mineralization (Table 2). The A Zone is underlain by
metavolcanic rocks characterized by hydrothermal brecciation and pervasive calcic + sericite
hydrothermal alteration and ubiquitous pyrite throughout, locally up to 12%. The A Zone also exhibits the
presence of a later structural system of sheeted, parallel quartz veining and fracturing. This later
deformation appears to have enriched gold concentrations, possibly through remobilization. This is
important as the intersection of structures may form a plunge that hosts the high-grade zones. Previous
grab sampling and all current channel sampling has consistently returned positive gold values, reaching
up to 23.6 g/t over 1.5 m, with visible gold noted locally within the vein/fracture system. The mineralized
zone is at least 20 metres-wide across strike and remains open to the south and at depth.
A diamond drill is being mobilized to the site and six initial drill holes have been designed to test this
exciting target at the A Zone. Oriented core will be utilized to gain a better understanding of the
vein/fracture system and general structures.
Table 1. Summary of results from Phase 2 drill hole TM-21-108 (A Zone); gold intervals start near-
surface.
TM-21-108: 3.94 g/t Au over 23.85 metres
From (m)
To (m)
Interval (m)
Au (g/t)
3.65
5.00
1.35
2.78
5.00
6.50
1.50
0.62
6.50
8.00
1.50
1.22
8.00
9.50
1.50
5.16
9.50
11.00
1.50
11.40
11.00
12.50
1.50
7.11
12.50
14.00
1.50
10.20
14.00
15.50
1.50
10.00
15.50
17.00
1.50
2.02
17.00
18.50
1.50
2.04
18.50
20.00
1.50
3.12
20.00
21.50
1.50
1.41
21.50
23.00
1.50
1.69
23.00
24.50
1.50
1.26
24.50
26.00
1.50
1.74
26.00
27.50
1.50
1.27
Note: drill hole intervals are not true widths and are being reported as drill core lengths.
Table 2. Channel samples and assay intervals, A Zone channel sampling program (
click here to see
map
).
Channel
Label
Channel
Sample #
Length
(m)
Au
g/t
Average
Au g/t
Interval
(m)
J
658305
1.45
0.21
0.52
2.90
658306
1.45
0.86
I
658222
1.03
0.45
1.04
5.15
658223
1.04
1.08
658224
1.11
0.85
658225
1.08
1.77
658226
0.89
1.04
H
658227
0.90
1.04
0.97
5.60
658228
0.80
0.42
658229
1.00
0.58
658230
1.07
1.31
658231
0.89
0.98
658232
0.94
1.37
G
658206
0.90
0.28
1.87
3.70
658207
1.05
0.24
658208
0.90
3.09
658209
0.85
4.27
F
658201
0.50
0.92
2.81
20.74
658202
1.00
1.92
658203
1.00
6.55
658204
0.75
5.03
658205
0.75
5.85
658210
0.90
2.85
658211
1.05
2.38
658212
1.06
3.79
658213
1.17
4.87
658214
1.06
3.76
658215
1.04
7.09
658216
1.20
1.00
658217
0.96
0.50
658218
1.10
1.03
658219
1.40
3.92
658220
1.30
2.94
658234
1.40
0.63
658233
1.40
1.94
658235
1.70
1.34
E
658247
1.30
6.43
3.60
4.00
658248
1.20
3.69
658249
1.50
1.07
D
658243
1.00
1.06
1.45
2.00
658244
1.00
1.84
C
658240
0.65
8.55
12.32
3.65
658241
1.30
1.20
658242
1.50
23.60
B
658238
1.05
2.64
2.00
2.50
658239
1.45
1.47
A
658236
0.75
7.13
3.26
4.15
658237
1.30
4.36
658245
1.00
0.99
658246
1.10
1.40
Single channels
658307
0.80
0.07
0.07
0.80
Single channels
658308
2.00
1.04
1.04
2.00
Single channels
658221
0.75
0.56
0.56
0.75
Single channels
658250
1.80
1.27
1.27
1.80
Single channels
658304
1.80
0.42
0.42
1.80
Channel
Label
Channel
Sample #
Length
(m)
Au
g/t
Average
Au g/t
Interval
(m)
Note: channel sample intervals are not true widths and are being reported as sample lengths.
The Tower Mountain Gold Project covers 2,038 hectares and is located about 50 km west of the port city
of Thunder Bay, Ontario. The Project has year-round access and is proximal to both a major highway and
railway lines. Drilling to date on Phases 1 and 2 totals 6,245.5 metres and has confirmed the Property's
ability to continuously generate exciting intercepts and the exceptional potential for large-tonnage, low-
grade gold deposits with local high-grade gold mineralization. The Phase 3 drilling program is designed
to continue to extend length, width and at depth of known zones.
The Tower Mountain Gold Property represents an area of exceptional and widespread gold endowment
hosted predominantly within a broad package of metavolcanic rocks intruded by a Neo-Archean, high-
level, multi-phase, sub-alkali intrusion. Gold mineralization occurs mostly as disseminated within multi-
stage calcic-dominated alteration and also within west-northwest vein arrays and a complex system of
hydrothermal breccias which may also have acted as feeder systems.
Qualified Person
Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans,
P.Geo., Vice President Exploration and a Director of White Metal, who is a Qualified Person under the
definitions established by NI 43-101. Historical information and data referred to in this news release has
not been independently verified by a Qualified Person.
About White Metal Resources Corp.:
White Metal Resources Corp. is a junior exploration company exploring in Canada and southern Africa.
The Company's two key properties are the Flagship Tower Mountain Gold Project in Thunder Bay,
Ontario, Canada and the Okohongo Copper-Silver Project in Namibia, Africa. For more information
about the Company please visit
www.whitemetalres.com
.
On behalf of the Board of Directors
"
Michael Stares
"
President & CEO
For further information contact:
Michael Stares
President & CEO
White Metal Resources Corp.
684 Squier Street
Thunder Bay, ON P7B 4A8
Phone: +1 (807) 358-2420
Nancy Massicotte
Investor Relations
White Metal Resources Corp.
Phone: +1 (604) 507-3377
TF: +1 (866) 503-3377
Email:
Thomas Do
Investor Relations Manager
CHF Capital Markets
Phone: +1 (416) 868-1079 x 232
Email:
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