| Announcement Date: | 2022-03-01 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | White Rock Minerals Ltd. |
| Project name: | Woods Point |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 1.35m @ 24.4g/t Au from 216.5m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | White Rock Minerals Limited (ASX: WRM; OTCQX:WRMCF), (‘White Rock’ or ‘the Company’) is pleased to provide an update on surface drilling and further assay results for the Dickenson South underground target area at the Morning Star underground Gold Mine. This target area, between surface and 6 Level, is within 100 metres of the existing shaft and accessible from multiple levels. The recent drill program has returned multiple high-grade gold intersections through the Dickenson Reef at a similar grade and thickness to historic high-grade drilling results (Figure 1), providing the Company with confidence that the Dickenson Reef could form one of multiple production areas in any restart scenario. Of particular significance is that the Dickenson Reef shows strong potential for a significant “high-grade” zone to exist towards the southern margin of the dyke with high grades (>10g/t) encountered in four adjacent drill holes (21SDS003, 21SDS007, 22SDS010 & 20MS01), with thicknesses (0.6 to1.6 metres) better than the average reef thickness through the deposit (0.4 to 0.6 metres) |
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