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 [...]
White Metal Resources Corp. is pleased to announce that it has received a two year renewal for its Exclusive Prospecting Licence 7071 , setting the new expiry date to 12 June 2023. The 95%-owned EPL7071, referred to as the Taranis Copper-Silver Project , covers about 13,825 hectares and is located in the Kaoko Copperbelt, northwestern Namibia. The Property size was reduced from its original size of 19,805 hectares as part [...]
White Metal Resources Corp. is pleased to provide an update from its Australian joint venture partner Noronex Limited . Noronex has informed White Metal that it has commenced a 10,000 metre drilling program at the DorWit Copper-Silver Project in Namibia . The Namibian Project comprises three Exclusive Prospecting Licences that cover 78,000 hectares, referred to as the Witvlei and Dordabis properties. The Project is [...]
White Metal Resources Corp. is pleased to announce that its joint venture partner Leocor Gold Inc. has received its exploration approvals for ground geophysics, line cutting, GT Probe drilling , and RAB drilling , on the Startrek Property , located about 20 km east of the town of Gander, in the province of Newfoundland and Labrador, and covering about 6,487 hectares. Leocor optioned the Property from White Metal in [...]
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