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White Metal Resources Corp
Symbol WHM
Shares Issued 128,589,750
Close 2021-09-08 C$ 0.095
Market Cap C$ 12,216,026
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White Metal JV partner begins drilling at DorWit

2021-09-09 09:18 ET - News Release

Mr. Michael Stares reports

WHITE METAL PARTNER NORONEX COMMENCES 10,000 METRE DRILLING PROGRAM AT THE DORWIT COPPER-SILVER PROJECT, NAMIBIA

White Metal Resources Corp. has provided an update from its Australian joint venture partner Noronex Ltd. Noronex has informed White Metal that it has commenced a 10,000-metre drilling program at the DorWit copper-silver project in Namibia (see Noronex news release dated Aug. 17, 2021). 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 mineralization within the prolific Kalahari copper belt that spans Namibia and Botswana. The focus of the current exploration efforts will be on the Witvlei project that comprises EPL 7028 and 7029.

Highlights of the drilling program

  • Drilling has commenced in Namibia at Witvlei project at the Otjiwaru prospect;
  • Program of drilling will test five high-priority targets with 10,000 metres of reverse circulation (RC) holes planned;
  • Geophysical crew has completed the dipole-to-dipole IP (induced polarization) survey at Gemboksvlei and is currently under way at Okasewa;
  • Known mineralization is confirmed to have a strong chargeability IP anomaly and a number of new chargeable zones are defined associated with anomalous copper geochemistry;
  • Drilling is expected to continue for three to four months across the five high-priority targets that have been identified:
    • Subcropping copper at Dalheim with two-kilometre strike extent;
    • Chargeability IP anomalies at Gemboksvlei on a one-kilometre-long copper soil zone;
    • Outcropping copper at Otjiwaru over an 800-metre-wide zone;
    • A 2.5-kilometre-by-1.2-kilometre copper-in-soil anomaly in an altered structural zone south of Okasewa;
    • Unexplained copper soil anomalies at Christiadore prospect.

Michael Stares, president and chief executive officer of White Metal, stated: "This is great news that Noronex has started their drill program and it indicates that they are truly committed to advancing the DorWit property. I look forward to receiving updates and reporting the results of the drilling to our shareholders. I should add that the company has been successful in securing three JV partners, including Noronex, to advance other projects that the company owns. This includes the Startrek property, optioned by Leocor Gold, that is located in the province of Newfoundland and Labrador, Canada, near New Found Gold's Queensway property. Leocor Gold is currently starting work on the Startrek property. The other JV is with Benton Resources who is advancing the Far Lake copper-silver property, located about 90 minutes west of Thunder Bay."

Drilling

The drill rig and crew are on site and have commenced drilling at the Otjiwaru prospect. Contractor FerroDrill, Namibia, will complete the initial planned 10,000 metres of RC drilling.

The rig is completing a fence of seven 200-metre-deep holes that will cover a 700-metre width across the broad 2.5-kilometre-long soil anomaly. The zone targeted has subcropping malachite mineralization hosted in fine sediments along strike from a regional EM conductor in a zone of complex structures.

Highly ranked priority targets are being finalized for the program and will be tested in an order dependent upon access condition and geophysical survey results.

Diamond drilling is expected to follow up on these regional RC hole fences to define the style and character of the geology and mineralization.

IP survey

The geophysical crew has completed collecting high-quality IP data at the Gemboksvlei project and is currently collecting three lines across the Okasewa prospect.

The survey has commenced with three-kilometre lines running north-northwest at 800-metre spacing with 100-metre-spaced dipole-to-dipole lines. The lines cover known mineralization at the Okasewa resource to determine its IP response. Lines are designed to cover the known mineralization and untested soil geochemical anomalies along strike from EM conductors identified with the airborne EM survey.

Qualified person

Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans (PGeo), vice-president of exploration and a director of White Metal, who is a qualified person under the definitions established by National Instrument 43-101.

About White Metal Resources Corp.

White Metal Resources is a junior exploration company exploring in Canada and southern Africa. The company's two key properties are the Flagship Tower Stock gold project in Thunder Bay, Ont., Canada, and the Okohongo copper-silver project in Namibia, Africa.

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