Announcement Date: 2022-07-27
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. 0.25m @ 972g/t Au from 278.7m
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 its in-mine exploration activities at the Morning Star Underground Gold Mine at Woods Point in northeast Victoria. White Rock holds 660km2 of granted Exploration Licences over the Woods Point – Walhalla Geosyncline between Jamieson and Walhalla and two granted Mining Licences (MIN5009 & MIN5299) covering the Morning Star Gold Mine and the Rose of Denmark prospects. The Project is situated approximately 120km east of Melbourne (Figure 2). White Rock has completed a first pass diamond drilling program targeting the Gap Zone at the Morning Star Gold Mine. The Gap Zone represents an under-explored area with 200 metres of vertical extent between areas of historic mining that occurred above 10 Level (>500,000 ounces) and below 14 Level (>300,000 ounces), with historic production1 of 883,000oz gold at 26.5g/t gold. This first pass drilling phase of the Gap Zone saw ~5,380 metres in 26 drill holes completed from four drill cuddies located across its 600 metres of horizontal extent. White Rock has received final assay results from the recent Dickenson South and Whitelaw drilling programs. Results for 24 diamond drill holes totaling ~3,140m are reported with hole collars and significant intersections summarised in Table 1 and Table 2 respectively.
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