White Metal Resources Corp. announces that for personal reasons Michael Stares has resigned as CEO and as a director of White Metal Resources Corp., effective today. Michael has served since June of 2014. During his tenure, the Company acquired two major Copper-Silver Assets in Namibia and the Tower Mountain Gold Project just west of the port city of Thunder Bay, Ontario. All three projects are currently being explored [...]
White Metal Resources Corp. is pleased to announce that it has received additional drill results from its ongoing Phase 3 drilling program at its flagship Tower Mountain Gold Project . The two drill holes TM-21-120 and TM-21-121 were designed to test the down dip and expansion of the Bench Zone and the Company is very pleased to report that both holes were successful in expanding the Bench Zone. The Phase 3 drilling [...]
White Metal Resources Corp. is pleased to announce that it has received core assay results from the first three diamond drill holes from its Phase 3 drilling program at its flagship Tower Mountain Gold Project . These first three holes were designed to test the strike extent of the A Zone with all three holes intersecting broad intervals of gold mineralization. TM-21-117: 30.0 m grading 1.30 g/t Au . TM-21-118: 49.5 m [...]
White Metal Resources Corp. further to their news releases of November 23, 2021 and December 9, 2021 the Company announces that it has closed its non-brokered private placement of flow-through shares and non-flow through units for total gross proceeds of $1,749,990 . The Company notes that due to a high level of investor interest, the private placement was significantly oversubscribed from its initial offering of $600,000 [...]
White Metal Resources Corp. announces that, further to the November 23, 2021 news release, that, subject to all regulatory approvals, it has increased the flow-through portion of its private placement financing to up to $2 million. The Financing is expected to close on or before December 15, 2021. The Company now intends to issue up to 20,000,000 flow-through shares at a price of $0.10 per FT Share, for gross proceeds of [...]
White Metal Resources Corp. is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares and non flow-through units for combined aggregate gross proceeds of up to $600,000. The Private Placement is expected to close on or before December 15, 2021. The Company intends to issue up to 5,000,000 flow-through shares at a price of $0.10 [...]
White Metal Resources Corp. is pleased to provide an exploration update from its Australian joint venture partner Noronex Limited on the DorWit Copper-Silver Project, located in the Kalahari Copperbelt of central Namibia. The Namibian Project comprises three Exclusive Prospecting Licences that cover 72,000 hectares, referred to as the Witvlei and Dordabis properties. The Project is prospective for sedimentary-hosted Cu-Ag [...]
White Metal Resources Corp. is pleased to announce that it has received assay results from the A Zone trenching program at the Tower Mountain Gold Project. The Company mapped and channel sampled the A Zone to gain a better understanding of the controls on high-grade gold mineralization which proved very effective in tracing this zone at surface. The Company is very encouraged with the results of the channel sample assays [...]
White Metal Resources Corp. is pleased to announce that it will resume diamond drilling with a Phase 3 program on its flagship Tower Mountain Gold Project . The Company was successful in delineating gold mineralization in its Phase 1 and Phase 2 drilling programs and will now focus on extending those intersections in the Phase 3 program. Additionally, drilling will test new areas of prospective gold mineralization [...]
White Metal Resources Corp. is pleased to announce the results of the remaining seven diamond drill holes from the Phase 2 drilling program at its flagship Tower Stock Gold Project . The drilling program was very successful in delineating several new gold zones that the Company will be following-up on in the coming weeks with a Phase 3 drilling program. The Company is also in the process of completing a trenching and [...]
White Metal Resources Corp. is pleased to announce that it has filed a National Instrument 43-101 Technical Report in support of the Mineral Resource Estimate on the Okohongo Cu-Ag Deposit , announced by the Company on August 18, 2021 . The Okohongo Deposit is located within its 95%-owned Taranis Cu-Ag Project , as defined by Exclusive Prospecting Licence 7071 and covers about 13,825 hectares in the Kaoko Copperbelt [...]
White Metal Resources Corp. is pleased to announce that it has discovered three new gold zones and has assay results for five diamond drill holes from the Phase 2 drilling program from its Flagship Tower Stock Gold Project . The first new gold zone, named 110 Zone, was drilled to test a high priority DasVision 3D-IP geophysical target, and the second and third new gold zones, named Star Zone and C & M Zone, were found at [...]
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