Thunder Bay, Ontario--(Newsfile Corp. - May 26, 2021) - 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 (ASX: NRX) ("Noronex") on their current exploration program at the DorWit Copper-Silver Project (the "Property" or "Project") in Namibia. The Namibian Project comprises three Exclusive Prospecting Licences (EPLs) that cover 78,000 hectares, referred to as the Witvlei (EPL 7028 and EPL 7029) and Dordabis (EPL 7030) properties. The Project is prospective for sedimentary hosted Cu-Ag mineralisation within the prolific Kalahari Copper Belt that spans Namibia and Botswana.
Highlights from the Noronex exploration program (see Noronex ASX news release 12 May 2021) include:
- Final data received from the airborne electromagnetic (EM) survey.
- High priority targets now identified for a large scale sediment hosted copper deposit that have never been drill tested, including:
- a 2.5 by 1.2 km copper in soil anomaly in an altered structural zone south of Okasewa.
- a 1.0 x 0.7 km copper in soil anomaly west of historical drill intercepts at Gemboksvlei.
- a new area at Otjiwaru with a 1.5 km strike soil anomaly.
- new zones at Dalheim, Okasundu and Christiadore prospect regions.
- Trial IP survey is planned at the known deposit of Okasewa to define its signature, determine the nature of the EM anomalies and to cover large untested copper soil anomalies.
- Historical multi-element geochemical surveys, including over seven thousand soil samples completed in 2009, have been compiled and interpreted. This sampling post-dated all previous drilling and geochemical anomalies were never followed up.
- A GIS database has now been prepared incorporating results of all historic work and recent geophysical surveys with satellite interpretation and structural mapping.
- A program of over fifty holes is being planned in July/August to test these targets.
- First JORC Code (JORC 2012) Mineral Resource Estimates on the Company's four deposits in the Namibian DorWit Project; Malachite Pan, Okasewa, Christiadore and Koperberg (see Noronex ASX news release dated 8 March 2021).
Michael Stares, President & CEO of the Company, remarked, "White Metal is delighted to have such a good partner as Noronex working with us in Namibia. Noronex has done some exceptional work to date, including the completion of a heliborne EM survey and especially in tracking down a historical soil geochemical survey, both of which will aid tremendously in advancing the Project. I am excited for the start of the Phase 1 drilling program and look forward to reporting all results to our shareholders. The price of copper and silver remains strong and, as we know, copper is one of the more important "green energy" metals, so I am confident that its value will remain strong for some time to come."
The following was reported by Noronex on 12 May, 2021. Please visit the White Metal website for additional information, including maps www.whitemetalres.com.
Airborne EM Survey
Final data has been received from the airborne electromagnetic (EM) survey recently completed over the 780 square km tenement package. The survey was flown on 200 m spaced lines oriented in a northwest-southeast direction, perpendicular to regional geological strike, providing excellent geological and structural information. The final data is now being processed to interpret the third dimension of the conductivity readings and gain deeper information on potential deeper targets.
Trial ground IP survey is planned at the Okasewa deposit to define the signature of known mineralisation, EM anomalies and cover large untested copper soil anomalies. Based on these results, further IP surveys may be completed at other prospects and infill anomalous areas for final drill hole targeting.
A comprehensive historical soil geochemistry survey has been acquired, with 7,257 samples analysed for multi-element results in 2009 by WAGE. The western Witvlei region comprising 19,527 hectares of the company's 78,000 hectares was covered on 400 m line spacings with 80 m sample points. Selected infill surveys were completed at 200 and 100 m line spacing with 40 m samples.
The data has been levelled against iron and lithology with target areas along strike from known deposits being defined especially in major structural corridors with intense alteration. Sampling was 'post' all previous drilling and never followed up, despite defining these large, strong untested copper anomalies in prospective horizons. Historical plans have been located with previous mapping and drilling captured and included in the target definition. Field mapping and follow up soil sampling is planned to finalise planned drill sites.
Satellite Imagery and Structural Mapping
Remote sensing data using ASTER and Sentinel 2 images were utilised by Global Ore Discovery to identify alteration anomalies and link to the known mapping. Mineral intensity mapping utilising the composition of alteration minerals has defined broad northwest-southeast trending corridors of intense alteration associated with the known mineralisation. Detailed structural mapping is now underway using this high quality imagery to provide a base map for targeting drilling onto prospective structural prepared trap sites.
Drilling is planned to test a number of these high priority targets to discover further sediment hosted copper mineralisation at shallow depth. Noronex are defining potential structural trap sites by utilising basin modelling and analogous mineralised sedimentary copper basins. Target areas, where oxidised copper rich fluids have interacted with the reduced conductive horizons are defined along major cross-cutting mineralised structures.
The initial campaign will comprise fences of angled reverse circulation (RC) drill holes to between 150 and 200 m depth. The drill fences will cross the main copper geochemistry targets in favourable geological and geophysical zones.
Further zones will be followed up in the field and potentially also drill tested. Anomalies of over 500 m by 500 m are highlighted on the Otjiwarumendu and Christiadore farms, strong copper anomalies are also defined, with over a one-kilometre strike on the Dalheim and Okasundu prospects in the East Witvlei tenement EPL 7029. Work continues on the Dordabis area with soil sampling being planned on EPL 7030.
A program of fifty holes for 10,000 m of drilling is planned at four or five of the prospects. Field evaluation of planned sites will commence this month. Diamond drilling is expected to follow up on these regional RC hole fences to define the style and character of the geology and mineralisation.
Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the NI 43-101.
About White Metal Resources Corp:
White Metal Resources Corp is a junior exploration company exploring in Canada and southern Africa. For more information about the Company please visit www.whitemetalres.com.
On behalf of the Board of Directors
President & CEO
For further information contact:
President & CEO
White Metal Resources Corp.
Phone: +1 (807) 358-2420
White Metal Resources Corp.
Phone: +1 (604) 507-3377
TF: +1 (866) 503-3377
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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.
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