New Gold Zone Discovery Yielding 82.5 Metres of 1.7 g/t Au Very Good News:
April 20, 2021- White Metal Drills New Gold Zone Discovery Yielding 82.5 Metres of 1.7 g/t Au, Including 45 Metres of 3.0 g/t Au at the Tower Stock Gold Project, Ontario [click link to view from source]
Thunder Bay, Ontario, 20 April 2021: White Metal Resources Corp. (TSXV:WHM) (“White Metal” or the “Company”) is pleased to report a new gold zone discovery in diamond drill hole TM-21-94, which returned 1.7 g/t Au over 82.5 metres, including 3 g/t Au over 45 metres. The new gold discovery, named the Ellen Zone, is located about 340 metres south of the U-V Zone and about 300 metres north of the Bench Zone. The area of the new discovery has seen no historical drilling and is open in all directions. The Tower Stock Gold Project (the “Property” or the “Project” or “Tower Gold”), which until now has not seen any exploration activity for more than eight years, is located about 40 km west-northwest of the port city of Thunder Bay, Ontario and covers approximately 1,968 hectares.
Michael Stares, President and CEO of White Metal, commented, “I am extremely pleased to deliver these exciting drill results from our first drilling program. This newly discovered gold zone demonstrates the Project’s excellent potential and how we can quickly build on the number of known gold zones within Tower Gold. With further drilling results expected shortly and final interpretation of the DasVision IP Survey (see Company news release dated February 17, 2021) expected in the coming days, the Company will soon be in an excellent position to aggressively advance this new discovery along with testing and expanding a number of other known zones on the Property. I am very confident that our exploration work will continue to enhance the Property and advance our understanding of the new and known gold targets within the Tower Mountain Gold Project.”
See the full release for all the insight, but in-short, the technical and management team appear to have a handle on this deposit and are dialled-in. New Gold Zone affirms understanding, very exciting. Michael's statement says it all.
URLs for consideration:
Relating to this press release: https://www.whitemetalres.com/2021/april-20-2021-white-metal-drills-new-gold-zone-discovery-yielding-825-metres-of-17-gt-au-including-45-metres-of-30-gt-au-at-the-tower-stock-gold-project-ontario
Company website: https://www.whitemetalres.com
Recent mining journal overview for those not up to speed on the over-all picture: https://miningmarketwatch.net/whm.htm , It is clear the main driver of share price and focus of the Company is Tower Stock Gold Project, ability to quickly add ounces and translate matters into tangible product of high value is here.