Announcement Date: 2022-06-07
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. 0.5m @ 51.62g/t Au from 115.7m
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 assay results from the Dickenson South target area at the Morning Star underground Gold Mine in northeast Victoria. This target area, between surface and 6 Level, is within 100 metres of the existing shaft and accessible from multiple levels. White Rock’s primary objective at the Morning Star Gold Mine is a low capital cost restart of gold production from multiple reef locations. The Company seeks to achieve this by identifying and drilling areas of the dyke with potential to host multiple high-grade gold quartz reefs proximal to existing underground development infrastructure. The Dickenson South target area is one such primary target with multiple high-grade, gold-bearing reefs. The surface drill rig has now completed a program of drill holes that assisted in the assessment of near term development and production potential for further working areas close to the Main Shaft; the Age of ASX: WRM • OTCQX: WRMCF • • | Page 2 of 14 Progress Reef and Stacpoole Reef, accessed via 2 Level and the Dickenson Reef and the Exhibition Reef that can be accessed via 4 Level (Figure 1).
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