Tower Mountain Gold Property

​Under the terms of the Agreement, White Metal has the option to acquire 100% of the Project subject to a 2% underlying royalty on some of the claims comprising the Property by issuing to the Optionor 1,200,000 common shares of the Company and making cash payments totalling $145,000 over a period of three (3) years
Location & Access
  • Tower Mountain Gold Project is (Conmee township) ~50 km west-northwest of the port city of Thunder Bay,​ Ontario with ~2 km all weather road to core shack.  
  • Consists of 81 Single Cell Mining Claims, 11 Boundary Cell Mining Claims and 3 patented mining claims that together cover 2,010 hectares.
​
Highlights from the 2021 Phase 1 drilling program &  IP geophysical survey include:
  1. Discovery of the Ellen Zone, a new high grade gold zone, reporting​ 1.7 g/t Au over 82.50 m including 3.0 g/t Au over 45 m (TM-21-94: 10.00 to 92.50 m), and open in all directions;
  2. Drill hole TM-21-95 extended the historical Bench Zone to the south by a minimum of 75 metres;  
  3. Compilation of all historical data and completion of the DasVision IP survey provide excellent drill targets within “gaps” between gold zones that are up to 500 m in strike.
Highlights from the 2021 Phase 2 drilling program and surface sampling 
​Drilling
  • Extended Bench Zone down-dip to the southwest with holes TM-21-105, 106 & 107  (40 m to 50 m to the southwest)
  • A Zone: TM21-108: 3.94 g/t Au over 23.8 m (from 3.7 m).
  • New drilling discovery 110 Zone: 0.44 g/t Au over 141.50 m including 1.02 g/t Au over 7.5 m.
New Surface Discoveries
  • Star Zone: 24 rock grab samples, taken over 450-m-long by 250-m-wide area, ranging up to  2.83 g/t Au.
  • C&M Zone: two rock grab samples assayed 5.27 g/t and 2.33 g/t Au.
  • Papa Zone: two rock grab samples, taken over a 10-square-metre area, assayed 3.05 g/t and 2.94 g/t Au.
  • A Zone trenching cuts 20.74 Metres Grading 2.81 g/t Au in Trenching Program, Correlating with Drilling Results at Depth,

Table of Phase 1 and 2 "Drilling Gold Intervals"  seen at  ​https://tinyurl.com/drillingtable

Highlights from 2022 Phase 3 Drilling 

  1. TM-21-120 and TM-21-121 were designed to test the down dip and expansion of the Bench Zone and both holes were successful in expanding the Bench Zone. TM-120 returned 105 m of 0.91 g/t Au
  2. Three holes were designed to test the strike extent of the A Zone with all intersecting broad intervals of gold mineralization. TM21-119 returns 21.0 m grading 4.05 g/t Au
  3. Bench Zone
​​​·         TM22-135 intersected 267 .0 meters averaging 0.708 g/t Au;
·         TM22-135, one of the deepest holes to date, ended in mineralization at 485.0 meters;
·         TM-22-126 intersected 30.0 meters averaging 0.645 g/t Au;
·         TM-22-134 intersected 58.5 meters averaging 0.750 g/t Au