ASX:WRM - Post Discussion
Post by
alphaflight on Mar 16, 2022 3:47pm
WRM Expands One of the World's Highest-Grade Ag-Zi Deposits
FRC: "WRM Further Expands One of the Highest-Grade Silver-Zinc Deposits in the World" | |
Hello Friends, Shareholders and Investors,
Fundamental Research Corp - Canada's largest independent research house - has updated their research on White Rock. They have now factored in the recent expansion of our high-grade silver-rich zinc VMS project at Red Mountain in Alaska, and our recent high-grade gold hits at Morning Star in Victoria, and reiterated their valuation of A$0.90 (versus last traded of $0.20).
The analysts, Sid Rajeev, B.Tech, CFA, MBA, and Nina Rose Coderis, BSc (Geology), wrote that:
"We believe Red Mountain’s resource is one of the highest-grade silver-zinc VMS deposits in the world", and on Morning Star that "Due to the project's existing infrastructure, White Rock should be able to put the project back into production quickly after delineating a resource".
You can access the report in full below.
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Enjoy.
Matt
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