June 20, 2019 - White Metal Makes New Discoveries to Extend the Far Lake Copper Zone, Northwestern Ontario and Grants Stock Options
Thunder Bay, Ontario, June 20, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has extended the strike length of the Far Lake Copper Zone a further 100 metres to the north from the last sampling done by the Company in 2017 (see Company news release dated August 10, 2017). The Far Lake Copper Zone is located on the Company’s 100% owned Far Lake Property (the “Property”), located about 75 kilometres northwest of Thunder Bay, Ontario and north of the Shebandowan Greenstone Belt.
June 18, 2019 - White Metal Receives Approval of Transactions to Acquire Namibian Copper Assets and Closes Financings
Thunder Bay, Ontario, June 18, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has received approval from the TSX Venture Exchange (the “Exchange”) to acquire certain mineral properties in Namibia. Through a binding letter of intent between White Metal and Taranis Resources and Investments CC (the “Taranis LOI”) and a binding letter of intent between White Metal and Altan Minerals and Investment CC (the “Altan LOI”) the Company is acquiring four Exclusive Prospecting Licences (“EPL”s) that cover several advanced-stage prospects located in two regions of Namibia prospective for copper deposits (see Company news release dated May 13, 2019). White Metal is also pleased to announce that it has closed its financing of $540,000 (see Company news release dated May 27, 2019) and its financing of $160,000 (see Company news releases dated June 7, 2019 and June 12, 2019).
June 12, 2019 - White Metal Amends Agreement to Purchase Namibian Properties and Increases Private Placement
Thunder Bay, Ontario, June 12, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it’s previously announced (news release dated May 13, 2019) agreement to acquire three exclusive prospecting licenses in Namibia from Atlan Minerals and Investments CC (“Atlan”) has been amended. The original agreement that called for a purchase price of $US37,500 in cash and the issuance of 8,000,000 shares of the Company has been amended to provide for the payment of $US75,000 and the issuance of 7,000,000 shares of the Company.
June 7, 2019-White Metal Completes First Phase Exploration Program On Little Joanna Gold Property, Newfoundland and Announces $150,000 Private Placement
Thunder Bay, Ontario, June 7, 2019: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to announce that it has completed the first phase of exploration work on the Little Joanna Gold Property (the “Property”), located in Central Newfoundland, Canada. Work included the collection of 619 soil samples and 36 rock samples. The soil and rock samples have been submitted to Eastern Analytical Laboratories located in Springdale, Central Newfoundland and results will be released once received and interpreted. The soil sampling program was designed to test for additional gold-bearing structures and continuity originating from the main gold showing which assayed up to 734 g/t Au (23 oz/ton Au) in selected grab samples collected and assayed by the vendor.