Tower Stock 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


Compilation Map of White Metal's Sampling - Historical Sampling - Historical Drilling ​
​1. It is not known if the drill hole intervals represent true widths and are therefore being treated as core length intersections.
2. A Qualified Person has not done sufficient work to verify the historical drill core sampling and reported drill core intercepts reported herein.​
3. A Qualified Person has not done sufficient work to verify the historical assay results reported by previous operators.
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A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources. White Metal is not treating the historical estimate as current mineral resources
Location & Access
  • Tower Stock Gold Project is located in Conmee township, ~40 km west-northwest of the port city of Thunder Bay, Ontario and accessed less then 1 km from Highway & Railway by existing trail.  
  • Consists of 81 Single Cell Mining Claims, 11 Boundary Cell Mining Claims and 3 patented mining claims that together cover 2,010 hectares.
  • ​Centered on UTM coordinates 301104 mN and 5378234 mE (NAD83; Zone 16N) or latitude 48º 31’32” N and longitude 89º 41’38” W.
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Geology
  • Gold mineralization occurs in volcanic and sedimentary rocks and syenite intrusive rocks associated with the Tower Mountain Intrusive Complex (TMIC).
  • Classified as a syenite-associated disseminated gold deposit type similar to that of deposits in the Kirkland Lake and Malartic gold camps, and the Young-Davidson Mine (Alamos Gold).
  • Pyrite is the main sulphide mineral and is generally an indication of anomalous levels of gold.
  • Gold mineralization usually controlled by volcanic flows, tuffs and breccias, feldspar porphyries, polymictic conglomerates, syenites and brecciated syenites .
  • Pyrite concentrations from trace-1% to a maximum of 15% and sometimes associated with Quartz-carbonate ± tourmaline veinlets carry substantial amount of pyrite, whereas quartz and tourmaline with concentrations of pyrite can form the matrix of intrusive breccias.
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Alteration and mineralization from the G Zone
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Tower Stock Property - Core Logging Building and Storage
Highlights
  • ​Only a small portion of the Tower Stock Gold Project has been explored. 
  • Historical drill core intercepts outlining high-grade and low-grade gold zones.
  • Room to expand on a multitude of targets over 2 km strike length.
  • Numerous drill holes ended in gold mineralization.
  • Great infrastructure with roads throughout the Project.
  • Port city of Thunder Bay only 45 minute drive east of the Project.

​Summary of selected historical drill core assays. (Click Below)

1. It is not known if these drill hole intervals represent true widths and are therefore being treated as core length intersections.
2. A Qualified Person has not done sufficient work to verify the historical drill core sampling and reported drill core intercepts reported herein.​

Historical Resource Estimation

​source: Independent Mineral Resource Estimation, Tower Mountain Gold Deposit, ValGold Resources Ltd.; Prepared by Caracle Creek International Consulting Inc. and Clark Exploration Consulting Inc., Effective February 9, 2006.
​A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources. White Metal is not treating the historical estimate as current mineral resources.