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White Metal Resources Corp
Symbol WHM
Shares Issued 128,589,750
Close 2021-12-09 C$ 0.085
Market Cap C$ 10,930,129
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White Metal partner Noronex drills 9,000 m at DorWit

2021-12-10 09:05 ET - News Release

Mr. Michael Stares reports

WHITE METAL PARTNER NORONEX PROVIDES UPDATE FROM DRILLING AND EXPLORATION PROGRAMS, DORWIT COPPER-SILVER PROJECT, NAMIBIA

White Metal Resources Corp. has provided an exploration update from its Australian joint venture partner Noronex Ltd. on the DorWit copper-silver project, located in the Kalahari copper belt of central Namibia (see Noronex news release dated Dec. 9, 2021). The Namibian project comprises three exclusive prospecting licences (EPLs) that cover 72,000 hectares, referred to as the Witvlei (EPL 7028 and EPL 7029) and Dordabis (EPL 7030) properties. The project is prospective for sedimentary-hosted copper-silver mineralization within the prolific Kalahari copper belt that spans Namibia and Botswana. The focus of current exploration is on five target areas in the Witvlei project that comprise EPL 7028 and 7029.

Highlights

  • Over 9,000 metres of the 12,000-metre planned drilling program has now been completed at the Otjiwaru, Christiadore, Gemboksvlei and Okasewa prospects.
  • Results from the maiden drilling at the Christiadore prospect have not intersected significant copper, with results pending from drilling completed at Gemboksvlei and Okasewa. Okasewa South is located directly south of the known Okasewa Cu deposit, which has an existing JORC (2012) mineral resource of 4.4 million tonnes at 1.2 per cent Cu (see Noronex news release dated March 8, 2021).
  • Two rigs are currently drilling at Okasewa South to test high-priority copper geochemical soil and geophysical IP chargeability targets. The rigs are then planned to move to the high-priority targets at Dalheim.

Michael Stares, president and chief executive officer of White Metal, stated: "We are very pleased with the progress that the Noronex technical team has made in their exploration and drilling programs on the DorWit copper-silver project in the Kalahari copper belt of Namibia. I look forward to reporting on the next round of exploration results as Noronex continues to advance and expand the project."

Background

The Namibian project comprises three exclusive prospecting licences (EPLs 7028, 7029 and 7030) covering 72,000 hectares that are prospective for sedimentary Cu-Ag mineralization along the prolific Kalahari copper belt that spans Namibia and Botswana. The Namibian project contains a current JORC (2012) inferred mineral resource of 10 million tonnes grading 1.3 per cent Cu (see Noronex news release dated March 8, 2021). The focus of the current exploration efforts is the five targets on the Witvlei Cu-Ag project (EPL 7028 and 7029).

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. Information and data in this news release has been largely extracted from a Noronex news release dated Dec. 9, 2021.

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 Mountain gold project in Thunder Bay, Ont., Canada, and the Okohongo copper-silver project in Namibia, Africa.

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