MORE Copper NEWS + INSIGHT from Visualist Capitalist on Cu Here is a visual information circular from Visual Capitalists called "Visualizing the Copper Intensity of Renewable Energy", it drives home how investments in quality Copper discovery prospects now are apt to deliver handsome returns for investors -- see https://www.visualcapitalist.com/copper-intensity-of-renewable-energy/
Serious Copper-Silver project #1 of WHM:
Today White Metal had news from its JV partner on its other (DorWit) Namibia property, essentially WHM is getting a free-ride on some serious copper discovery. Background: Option Partner, Noronex, is currently earning up to a 70% equity interest (with an option to acquire up to 95-100%). WHM.V received cash and shares and retains 25% ownership up to the partners earn in phase of the agreement. Located in the Kalahari Copper Belt, six historical copper deposits occur within these three licences along with other zones with anomalous copper in historical drill core intercepts which the Company believes can be expanded upon through future exploration. See today's news "White Metal Partner Noronex Outlines Wide-Spread Copper Targets, DorWit Copper-Silver Project, Namibia" https://www.whitemetalres.com/2021/may-25-2021-white-metal-partner-noronex-outlines-wide-spread-copper-targets-dorwit-copper-silver-project-namibia
In the release Michael Stares, President & CEO of the Company, remarked, “White Metal is delighted to have such a good partner as Noronex working with us in Namibia. Noronex has done some exceptional work to date, including the completion of a heliborne EM survey and especially in tracking down a historical soil geochemical survey, both of which will aid tremendously in advancing the Project. I am excited for the start of the Phase 1 drilling program and look forward to reporting all results to our shareholders. The price of copper and silver remains strong and, as we know, copper is one of the more important “green energy” metals, so I am confident that its value will remain strong for some time to come.” Aslo I should note is that Noronex is expecting to update the historical JORC Code 2012 mineral resource estimates which is currently being completed by MSA Group, with initial results expected sometime, I'm not sure if this is before or after the planned drilling, I'm guessing after.
Serious Copper-Silver project #2 of WHM:
Last week we got news on White Metal's 95%-owned Tarnis Namibia property which is heading to resource. Situated within the Kaoko Belt of northwest Namibia about 700 km northwest of Windhoek, is hosted by metasedimentary stratigraphy and is considered to be analogous with the stratiform sediment-hosted Central African Copperbelt (CAC) deposits of Zambia and the Democratic Republic of the Congo. White Metal's Okohongo deposit contains historical Inferred Mineral Resources of 10.2 million tonnes grading 1.12% Cu and 17.75 g/t Ag, using a 0.3% Cu cut-off (INV Metals Inc. NI 43-101 Technical Report, Effective Date March 31, 2011). This February-2021 White Metal Resources Inc. completed a 28 hole, 3,622 m drilling program and is now proceeding to bring the historical resource to NI 43-101 compliance and produce a technical report on the Okohongo Cu-Ag Deposit (expected Q2-2021). See May 18, 2021 news "White Metal Reports 23.0 Metres of 2.31% Cu, 46.3 g/t Ag Including 4.0 Metres of 4.74% Cu, 65.1 g/t Ag from Final RC Drilling Results, Taranis Copper-Silver Project, Namibia" https://www.whitemetalres.com/2021/may-18-2021-white-metal-reports-230-metres-of-231-cu-463-gt-ag-including-40-metres-of-474-cu-651-gt-ag-from-final-rc-drilling-results-taranis-copper-silver-project-namibia
GOLD is of course still the main focus of White Metal:
All this copper news of late is secondary in the investment scheme of things to the Gold exploration activity of White Metal Resources Corp. on its recently Tower Stock Gold Project in Ontario. Lots to be excited about; the Phase 1 drill program was extended, results to date affirm the improved understanding the technical team has, targets are lined up for Phase 2 that are exceptionally highly prospective and look to have the potential to blow the lid off the project.