Thunder Bay, Ontario, December 18, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has received the results of its 402 line-kilometre, fixed-wing, high-resolution aeromagnetic gradiometer and digital VLF-EM survey, recently completed over the Startrek Gold-Antimony Property (the “Property” or “Startrek”), located about 20 km east of Gander, Central Newfoundland. The geophysical survey utilized Terraquest Ltd.’s new Matrix Digital VLF-EM frequency system, coupled with their high resolution horizontal magnetic gradiometer, to map new and refine known geological structures (faults and shear zones) of which northeast-trending structures are known to host gold and antimony mineralization. The survey also defined several new structures, including a series of secondary east-west trending structures, and numerous bedrock conductors suggestive of semi-massive to massive sulphides. Together with historical data, this new information has provided the Company with new targets for ground truthing and follow-up exploration. Maps of the new geophysical survey and other features described herein can be viewed on the Company website.
Thunder Bay, Ontario, November 14, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has filed with the Namibian Government (Ministry of Environment and Tourism), the required Environmental Clearance Certificates (“ECC”) for Exclusive Prospecting License (“EPL”) 7071 (the “Taranis Property”) and EPLs 7028, 7029, and 7030 (the “Altan” or “DorWit Property”), the first step toward beginning its exploration programs in Namibia. The ECC documents, which in this case describe proposed geophysical surveys and drilling programs and a community consultation plan, are required to be filed prior to beginning any work program and are typically approved within 2-3 months of filing. The Taranis and DorWit properties are held by White Metal’s 100%-owned Namibian subsidiary companies Aloe 238 and Aloe 237, respectively (see Company news release dated June 18, 2019).
Thunder Bay, Ontario, October, 17, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that having recently completed a reconnaissance ground VLF-EM and magnetic survey, the Company has applied for a permit to complete a 402 line kilometre, fixed-wing, high resolution aeromagnetic gradiometer and digital VLF-EM survey over the Startrek Gold-Antimony Property (the “Property” or “Startrek”), located about 20 km east of Gander in Central Newfoundland. The proposed geophysical survey will utilize Terraquest Ltd.’s new Matrix Digital VLF-EM frequency system, coupled with their high resolution horizontal magnetic gradiometer, to map new and refine known geological structures (faults and shear zones) which are recognized as hosting gold and antimony mineralization on the Property. This type of survey can also delineate bedrock conductors (i.e., semi-massive to massive sulphides) and may lead to new structural targets for ground truthing and follow-up exploration.
Thunder Bay, Ontario, October 16, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal”, “WHM” or the “Company”) is pleased to announce that it has signed a binding Letter of Agreement (“LOA”) with natural resources investor RZJ Capital Management LLC (“RZJ”), whereas RZJ has the right to purchase 70% of White Metal’s 100% owned private Namibian company Aloe 237. Aloe 237 holds title to the Exclusive Prospecting Licences (EPL 7028, 7029 and 7030) that comprise the Dorwit Copper-Silver Property (the “Property”). The partners, RZJ and WHM, will work towards the signing of a definitive agreement (the “Agreement”) in the near future.
Thunder Bay, Ontario, September 30, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has received the final assay results from its latest trenching and sampling program at the Far Lake Copper-Silver Property (the “Property”), located about 75 kilometres northwest of Thunder Bay and north of the Shebandowan Greenstone Belt. Trenching and sampling focused on the area around the recently announced discovery of massive sulphide mineralization (news release: September 5, 2019), uncovered approximately 12 metres northeast of a previously discovered copper showing (news releases: June 20, 2019 and August 10, 2017). The highlight of the sampling program is a 0.7 metre channel sample across massive sulphide which assayed 22% Cu, 30.2 g/t Ag, and 0.25 g/t Au.
Thunder Bay, Ontario, September 10, 2019: White Metal Resources Corp. (TSXV:WHM) (“WHM”, “White Metal” or the “Company”) is pleased to announce that it has begun the process of completing its initial permitting documents, the first step toward beginning its exploration programs, and expects to have them filed with the Namibian Government (Ministry of Environment and Tourism) in the coming weeks. In addition, the Company has formed a Technical Advisory Committee (“TAC”), inclusive of several prominent Namibians, to help advance the copper projects.
Thunder Bay, Ontario, September 5, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it discovered massive sulphide mineralization during its current trenching program at the Far Lake Copper Zone, Far Lake Property (the “Property”), located about 75 kilometres northwest of Thunder Bay and north of the Shebandowan Greenstone Belt. The massive sulphides were uncovered approximately 12 metres northeast of the recently discovered copper showing reported earlier this year (see news release dated June 20th 2019).
Thunder Bay, Ontario, July 30, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has received assay results from 58 rock grab samples collected from the Startrek Gold-Antimony property (the “Property”) and submitted to Eastern Analytical Laboratory in Springdale, Newfoundland. The Property, interpreted to be host to a low-sulphidation epithermal gold system, is located about 20 km west of the town of Gander. The Phase 1 work program is focusing on prospecting and relocating previous trenching and drill hole collar locations, as well as follow up work on numerous gold and antimony showings discovered by previous operator Rubicon Minerals Corp. (2001 to 2005) who referred to the project area as the “Star Track”.
Thunder Bay, Ontario, July 18, 2019: White Metal Resources Corp. (TSX-V:WHM) ) (“White Metal” or the “Company”) is pleased to announce that it has completed its due diligence on the Namibian Altan and Taranis projects and has accepted all of the terms (see News Releases dated June 18, 2019 and May 13, 2019). In addition, the Company has received Ministry of Mines and Energy (“MME”) approval from the Namibian Government for the Taranis Agreement, which includes Exclusive Prospecting Licence (“EPL”) 7071 and the Altan Agreement, which includes EPLs 7028, 7029, and 7030. With this government approval the Company now has the right to pursue its exploration activities on the two projects.
Thunder Bay, Ontario, July 17, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has received its work permits for the Williams and Williams West gold properties, located south of the town of Glenwood, Newfoundland, approximately 35 km southeast of Sokoman Minerals’ Moosehead Gold Project.
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