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White Metal Begins Phase 3 Drilling Program at Tower Mountain Extending Known Gold Mineralization and Ongoing Exploration of New Prospects
Thunder Bay, Ontario--(Newsfile Corp. - November 9, 2021) - White Metal Resources Corp. (TSXV...
About this update from Thunder Gold Corp.
[{"type":"text","content":"White Metal Begins Phase 3 Drilling Program at Tower Mountain Extending Known Gold Mineralization and Ongoing Exploration of New ProspectsThunder Bay, Ontario--(Newsfile Corp. - November 9, 2021) - White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) (\"White Metal\" or the \"Company\") is pleased to announce that it will resume diamond drilling with a Phase 3 program on its flagship Tower Mountain Gold Project (the \"Project\" or \"Property\"). The Company was successful in delineating gold mineralization in its Phase 1 and Phase 2 drilling programs (see Tables 1 and 2) and will now focus on extending those intersections in the Phase 3 program. Additionally, drilling will test new areas of prospective gold mineralization uncovered during the 2021 mapping and prospecting program.Michael Stares, President and CEO of White Metal, commented, \"I am looking forward to starting the Phase 3 drilling program on the Tower Mountain Gold Project. After identifying numerous new gold prospects such as the Ellen Zone and 110 Zone, I am confident that the Phase 3 program will generate exciting gold-bearing intercepts.\"The Tower Mountain Gold Project is a 2,038 hectare gold property located 50 km west of the port city of Thunder Bay, Ontario. The Project has year-round access and is proximal to both the highway and railway lines. Drilling to date totals 6,245.5 metres and confirms that the Property continues to exhibit exceptional potential for large-tonnage, low-grade gold deposits with local high-grade mineralization. The Phase 3 drilling program is designed to continue to extend length, width and at depth of known zones. The next phase of drilling, scheduled to commence in mid-November 2021, will also test the structure and control of higher-grade gold mineralization.The Tower Mountain Gold Property represents an area of exceptional and widespread gold endowment hosted predominantly within a broad package of metavolcanic rocks intruded by a Neo-Archean, high-level, multi-phase, sub-alkali intrusion. Gold mineralization occurs mostly as disseminated within multi-stage calcic-dominated alteration and also within west-northwest vein arrays and a complex system of hydrothermal breccias which may also have acted as feeder systems.Summary of the Phase 3 Drill TargetsA ZoneDrill hole TM-21-108 returned 23.8 m grading 3.94 g/t Au ...