Shebandowan Property

The Shebandowan property consists of the Vanguard claims and Shebandowan Gold option.

The Vanguard Claims are located in the Shebandowan greenstone belt, Northwestern Ontario, approximately 100km west of the City of Thunder Bay, Ontario.

The Property consists of 16 claims totaling 1,942 hectares within the Shebandowan greenstone belt. Historically, Noranda Inc. reported a non-NI 43-101 compliant resource, stating the Vanguard West zone hosts 200,000 tonnes of 1.3% Cu, 1-2% Zn, 8.26 g/t Ag, 4-6 g/t Au and the East zone hosts 100,000 tonnes of 1.8% Cu, 3-6% Zn 6.8 g/t Ag, 4-6 g/t Au. To the southwest, adjacent to the Vanguard Property, are the former producing North Coldstream Copper-Silver-Gold Mine (historic production of 102 million lbs of Cu, 440,000 ounces of Ag and 22,000 ounces of Au produced from 2.7 million tons of ore, OGS Mineral Deposit Inventory, 2000) and the Osmani Gold Deposit (formerly the East Coldstream Deposit) containing an indicated NI 43-101 resource of 3.5 million tons of an average grade of 0.85 g/t Au, and an inferred resource of 30.5 million tons  with an average grade of 0.78 g/t Au (Foundation Resources Inc. NI 43-101 Technical Report, 2011).

Drilling in 2002 by Trillium extended the Vanguard East Zone with two holes VE02-1 and VE02-2. The average grade of the 9.75m massive sulphide phase of the hole VE02-1 was 1.26 g/t Au, 13 g/t Ag, 2.03% Cu and 2.13% Zn. The average grade of the 6.6m massive sulphide phase of the hole VE02-2 was 2.14 g/t Au, 43.4 g/t Ag, 2.73% Cu and 3.49% Zn. In 2004, hole VE04-5 was drilled to intersect the zone previously intersected in hole VE02-1 and 2. Hole VE04-5 yielded 4.15m of 6.39% Zn and 1.89% Cu with 28.31 g/t Ag and 0.88 g/t Au in massive sulphides. Hole VE04-3 located 50 feet (15 m) west of VE02-2 and down plunge, hit up to 2.0% Cu, 14.8 g/t Ag and 0.58 g/t Au and a wide silica zone, which is part of the regional chert horizon that marks the occurrence of VMS mineralization. The historical values mentioned are non-compliant with NI 43-101 standards for disclosure and have been reviewed but not verified, unless otherwise stated.

White Metal recently optioned the Shebandowan Gold Property from Benton Resources. The property adjoins the Vanguard claims to the south and east. The property consists of 12 staked claims totaling 2185 hectares. White Metal has the option of earning a 100% interest in the property subject to a 2% NSR royalty. 

White Metal has received the results from 1166 soil geochemical samples from a recently completed survey. Gold in soil values ranged from <5ppb up to 225 ppb. The program was designed to outline new areas of potential gold mineralization and to explore for possible extensions of known gold occurrences. The results indicate anomalous gold in soil extending approximately 900 meters from the Irish Lake gold zone in a north easterly direction (Iris Lake “A”). A sub parallel anomalous zone (Iris Lake “B”) extends 800 meters in a south westerly direction from the known gold mineralization. Two new sub parallel gold anomalies (Vanguard “A” and “B”) extend south west from the Vanguard VMS-Au deposits over a strike length of approximately 900 – 1200 meters. A 750 meter soil anomaly (Central) in the south central part of the property will be followed up as well. A map outlining the soil anomalies can be viewed below.
White Metals is encouraged by the results of the first round of work completed on the property and the company has now started a mapping and prospecting program to investigate the potential of all geochemical anomalies outlined to date.