White Metal Resources Corp. is pleased to announce it has filed documents with the TSX Venture Exchange to close the first tranche of a financing as part of the non-brokered private placement previously announced on September 5, 2018. Subject to regulatory approval, White Metal will issue 1,340,000 units at $0.15 per unit of Flow Through Units for gross proceeds of $ 201,000 to fund exploration on its Gunners Cove Gold [...]
White Metal Resources Corp. is pleased to announce two proposed non-brokered private placements of up to a combined maximum of $500,000 to fund exploration on its Gunners Cove Gold Property in Newfoundland and for working capital purposes. The offerings will consist of up to a combined maximum of 3,333,333 units of both Flow Through Units at $0.15 per FTU and Non Fow Through Units at $0.15 per NFTU. Each FTU will consist [...]
White Metal Resources Corp. is pleased to announce that an important channel sampling program has begun on 7 priority targets on its Gunners Cove Gold Property in Newfoundland. To date, 120 channel samples have been submitted to Eastern Analytical Laboratories in Springdale, Newfoundland, and a further 300 samples are expected to be taken in the coming weeks. The seven priority targets that will be channel sampled include [...]
White Metal Resources Corp. is pleased to announce the following: Pickle Lake Gold Properties White Metal has received notice that Ardiden Ltd. , intends to exercise its option to acquire 100% ownership of the Pickle Lake Properties located in the Province of Ontario . Ardiden is a public company which has shares listed on the Australian Securities Exchange . Under previous agreements executed in 2017, Ardiden agreed to [...]
White Metal Resources Corp. is pleased to announce that it has received assay results from 15 surface grab samples from the newly discovered Totem Gold Zone on the Gunners Cove Gold Project in northern Newfoundland. The new zone, described as a sheared black shale and poli-lithic breccia with up to 10% pyrite in the form of nodules, cubes and stringer-style pyrite, returned assays from below detection to 820 ppb Au and [...]
White Metal Resources Corp. is pleased to announce the updated plans for an aggressive channel sampling programme on the four priority targets at its new gold discovery, Gunners Cove, Newfoundland. As disclosed in our press release dated July 11, 2018, Company technical personnel have determined that this surface programme is the best way to properly evaluate the gold tenure and continuity of the various gold zones, as [...]
White Metal Resourcesis pleased to announce that it has discovered a new sulphide-mineralized area on the Gunners Cove Gold Project , located in northern Newfoundland. The Company is awaiting results from 15 surface grab samples taken from the newly discovered Totem Zone, located about 18 kilometres south of the original Gunners Cove "East and West Gunners Pit" discovery zones . New samples are described as sheared black [...]
White Metal Resources is pleased to announce that it has received the assay results of 269 grab samples taken on the Gunners Cove Property and that, as a result, 5 new gold occurrences have been found. The new occurrences, named the Bazooka Zone, the Stephens Zone, the Glock Zone, the Thompson Zone, and the Weatherby Zone, are all located within 7 kilometres of the original Gunners Cove "discovery pit" . Of significance [...]
White Metal Resources Corp. is pleased to announce that it has completed a second work programme on the Gunners Cove Gold Project located on the Northern Peninsula near St Anthony, Newfoundland. The programme included follow-up prospecting, geological mapping and grab sampling in the previously identified East and West Gunner zones, the Mossberg Zone and the Cooey Zone. New prospecting and sampling was completed over the [...]
White Metal Resources is pleased to announce that the Company will be starting its summer work program in the coming weeks on the Gunners Cove Gold Project, weather permitting. This year's program will include follow up prospecting and mapping on existing gold occurrences outlined in September 2017, and ground-truthing of numerous magnetic highs and coincident EM conductors, including those at or near existing gold [...]
White Metal Resourcesis pleased to announce that it has completed flying its heliborne electromagnetic time-domain and magnetics geophysical survey on its Gunners Cove Property, located 20 km north of St. Anthony on the Northern Peninsula, Newfoundland. The Property is easily accessible by means of local roads and trails, and consists of 682 claim units. The HTEM survey was contracted to Triumph Instruments, headed by [...]
White Metal Resources is pleased to announce the airborne time-domain electromagnetic and magnetic geophysical survey over the Gunners Cove Property will commence in the coming days and is on track to be completed in the next week. The geophysical survey will cover the entire Property, which is located 20 kilometres north of St. Anthony on the Northern Peninsula, and is easily accessible by means of local roads and [...]