White Metal Resources Corp. is pleased to announce that the Company has closed its previously announced financing, subject to Toronto Venture Exchange approval. The Company has raised $180,000 by issuing 3,600,000 Flow-Through Units at $0.05 per FT Unit, each FT Unit consisting of 1 common flow-through share and one common share purchase warrant, each warrant being exercisable for one common share of the Company at $0.15 [...]
White Metal Resources Corp. is pleased to announce that the Company has entered into an option agreement with Sokoman Iron Corp. to acquire by option a 100% interest in the Startrek Gold Property located in central Newfoundland. The Startrek Gold Property has seen limited exploration work to date, nonetheless greater than 50 gold occurrences have been discovered on the Property through previous trenching and grab samples [...]
White Metal Resources Corp. is pleased to announce that the Company has received assay results from 14 grab rock samples collected from its Williams Gold Property. The due diligence samples were collected from a variety of alteration zones including the East Zone, described as a silicified quartz breccia unit with arsenopyrite, antimony, and chalcopyrite. Four samples taken from the East Zone returned assay results [...]
White Metal Resources Corp. is pleased to announce that the Company has staked an addition 50 claim units totalling 1,250 hectares near the recently acquired Williams Gold Property . The newly acquired claims, held 100% by White Metal, are located immediately south of the former producing Beaver Brook Antimony Mine. In addition, the Company would like to report that it has completed its due diligence sampling on the [...]
White Metal Resources Corp. is pleased to report the following: Little Joanna Gold Property White Metal is pleased to report on its initial due diligence grab sampling from the recently optioned Little Joanna Gold Property , located in Central Newfoundland. A total of seven grab samples, all with anomalous gold , were collected from quartz vein bearing sedimentary rocks, and range from 40 ppb Au to 229.3 g/t Au [...]
White Metal Resources Corp. is pleased to announce that the Company has entered into an option agreement for a 100% interest in the Williams Gold Property located approximately 40 km southeast of the Moosehead Gold Property of Sokoman Iron Corp. and 12 km southwest the Clarks Brook Gold Property of Sokoman Iron. The Property is approximately 40 km southwest of the town of Glenwood, is accessible by resource roads that [...]
White Metal Resources Corp. is pleased to announce that the Company has entered into an option agreement for a 100% interest in the Little Joanna Gold Property , Central Newfoundland. The Property is approximately 25 km northeast of the town of Glenwood, is accessible by resource roads that originate from either Glenwood or Birchy Bay, and comprises 280 claim units, covering 7,000 hectares. The Property is approximately [...]
White Metal Resources Corp. announces that it has received the assay results from the recently completed channel sampling program at its Gunners Cove Gold Property , located in northwestern Newfoundland. The Company is compiling all the work to date including mapping, prospecting samples, trench samples and airborne geophysical data to determine the best way to advance the project. The majority of the 689 channel samples [...]
White Metal Resources Corp. is pleased to announce that the Company will begin drilling its 100% owed Shebandowan Gold Property , located in northwestern Ontario, Canada. The diamond drilling program is planned to consist of 3 holes totalling approximately 500 metres, and will follow-up on an area where former owner, Benton Resources Inc., intersected a gold zone assaying 19.5 g/t Au over 0.80 metres at a depth of 262 [...]
White Metal Resources Corp. is pleased to provide an exploration update on its channel sampling program at its Gunners Cove Gold Property in Newfoundland. The Company is awaiting assay results from 696 channel rock samples collected from five priority zones : East Gunners; Mossberg; Gunners Hidden Pit; Stevens Zone; and Bazooka Island . The Company has posted to its website www.whitemetalres.com numerous new location maps [...]
White Metal Resources Corp. is pleased to announce that the important channel sampling program campaign has been completed on priority targets on its Gunners Cove Gold Property in Newfoundland. . All channel samples have now been submitted to Eastern Analytical Laboratories in Springdale, Newfoundland reporting to the following zones on the Property: Bazooka Island - 354 samples Gunners Main - 109 samples Gunners East [...]
This press release is issued pursuant to Multilateral instrument 62-104 — Take-Over Bids and issuer Bids and National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting issues. Elliot Strashin of Toronto, Ontario announces that on September 21, 2018 he acquired ownership of 335,000 common shares and 167,500 warrants of White Metal Resources Corp. as a result of participating in a [...]