Thunder Bay, Ontario–(Newsfile Corp. – April 14, 2022) – White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) (“White Metal” or the “Company”) is pleased to provide an update from its Australian joint venture partner Noronex Limited (“Noronex” or “NRX”) on the DorWit Copper-Silver Project (the “Property”), located in the Kalahari Copperbelt of central Namibia (see Noronex news release dated April 4, 2022). The DorWit comprises three Exclusive Prospecting Licences (EPLs) that cover 72,000 hectares, referred to as the Witvlei Project (EPL 7028 and EPL 7029) and Dordabis Project (EPL 7030). The Property is prospective for sedimentary-hosted Cu-Ag mineralization within the prolific Kalahari Copper Belt that spans Namibia and Botswana. The focus of current exploration and drilling by Noronex is on the target areas in the Witvlei Project which covers about 390 square kilometres (Figure 1).
Highlights: Dalheim Prospect
- Numerous high-grade copper intercepts reported from the Dalheim (Figure 1), including:
- 27.0 m @ 1.6% Cu from 42.0 m in 22DHRC06, including 6.0 m @ 2.9% Cu.
- 29.0 m @ 0.7% Cu from 113 m in 22DHRC04, including 4.0 m @ 3.3% Cu, and 10.0 m @ 1.0% Cu from 162 m.
- 31.0 m @ 0.7% Cu from 68.0 m in 22DHRC02, including 7.0 m @ 1.7% Cu.
- Drill holes have a number of mineralised intervals with 22DHRC04 reporting without dilution, 153.0 m @ 0.39% Cu from 34.0 m and 22DHRC06 reporting 112 m at 0.44 % Cu from 42.0 m.
- Copper intercepted over a 1.2 km strike length defined by parallel drill hole fences.
- Central fence of holes has demonstrated a number of copper intercepts commencing above the basal sandstone in a sequence of fine siltstones with a 300 m thick zone with numerous high-grade shallow intercepts.
- In-fill soil sampling underway to help define planned follow up drilling along strike of this zone.
RC drill hole results are reported above a 0.3% Cu cut-off with 3.0 m and 6.0 m of internal dilution. True widths are not known at this time.
Results from the first eight holes completed at the Dalheim Prospect have been received, with results pending for the final five holes (22DHRC009 to 013). A total of 2,718 m was drilled in 13 RC holes.
The initial drilling program at the Witvlei Project, comprising 71 RC holes totalling 13,947 m, has now been completed. Further work is being evaluated and will be finalised when full results have been received from the drilling program.
The Dalheim Prospect drilling intersected the Eskadron Formation containing brown siltstone at the contact with a thick oxidized red sandstone. Mineralization is strongly developed at the first siltstone above this sandstone reporting 27.0 m @ 1.6% Cu in 22DHRC06, with concentrations up to 4.0% Cu over 1.0 metre. The bedding and mineralisation is interpreted to dip steeply to the south but no orientated core is available as yet to understand the mineralization style. A diamond drilling program will be considered after further in-fill RC drilling.
Malachite staining was intercepted from surface in hole 22DHRC005 and oxidation is down to approximately 20 m vertically, with fine pyrite, chalcopyrite and chalcocite developed in the siltstone horizons at depth below.
A fence of holes was drilled 400 m east on a separate geochemistry anomaly and holes 22DHRC001 and 22DHRC007 intersected a number of copper horizons including 3.0 m @ 0.9% Cu from 110.0 m indicating the mineralisation is laterally extensive. The prospective Sandstone contact was not tested and further detailed mapping and soil sampling is underway to better define this target.
A further fence of holes drilled 800 m to the west demonstrates a 1.2 km strike of mineralisation where 22DHRC008 intersected a number of copper horizons including 4.0 m @ 0.4% Cu from 40.0 metres.
The continuity and prospectivity between these zones is unclear and further work including soil sampling and ground magnetics is planned to assist in targeting the next phase of drilling. A further drilling program is being planned to follow up anomalous geology intersected in the initial 13 holes drilled to date.
RC drill hole chip samples were collected in 3.0 m composites and at 1.0 m intervals where mineralisation was visually noted. Samples were prepared in the ALS sample preparation facility in Namibia and assayed at their laboratory in South Africa.
RC chip samples were split by a cone splitter on the cyclone and then composited by spearing where required. The majority of samples were collected dry. Quality control procedures were in place by the Company with 1 in 20 blanks and standards inserted and field duplicates collected at 1 in 20 frequency.
Samples were prepared at the ALS Okahandja laboratory in Namibia. Samples were weighed, fine crushing of entire sample to 70% -2mm, split off 250 g and pulverise split to better than 85% passing 75 microns. Samples were analysed by ALS Johannesburg for ME-ICP61 and overlimit by ME-OG62 33 elements by a 4-acid digestion, HCl leach and ICP-AES. Quality control procedures are in place with repeats and blanks inserted by the laboratory.
The Namibian Project, comprises three Exclusive Prospecting Licences (EPLs 7028, 7029 and 7030) covering 72,000 hectares that are prospective for sedimentary Cu-Ag mineralisation along the prolific Kalahari Copperbelt that spans Namibia and Botswana. The Namibian Project contains a current JORC (2012) Inferred Mineral Resource of 10 MT grading 1.3% Cu (see Noronex news release dated March 8, 2021). The focus of the current exploration efforts is the five targets on the Witvlei Cu-Ag Project (EPL 7028 and 7029).
About Noronex Limited
Noronex is an ASX listed copper company with advanced projects in the Kalahari Copper Belt, Namibia and in Ontario, Canada that have seen over 170,000 m of historical drilling. Noronex plans to use modern technology and exploration techniques to generate and drill-test new targets at the projects and grow the current resource base.
Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), Interim President & CEO and a Director of White Metal, who is a Qualified Person under the definitions established by NI 43-101. Information and data in this news release has been largely extracted from Noronex news release dated April 4, 2022.
About White Metal Resources Corp.
White Metal Resources Corp. is a junior exploration company exploring in Canada and southern Africa. The Company’s Flagship Property is the Tower Mountain Gold Project near Thunder Bay, Ontario, Canada. For more information about the Company please visit www.whitemetalres.com.
On behalf of the Board of Directors
Interim President & CEO, Director
For further information contact:
White Metal Resources Corp.
684 Squier Street
Thunder Bay, Ontario, P7B 4A8
Elliot Strashin, Director
P:+1-416-504-0077 ext. 22
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.