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White Metal Cuts 20.74 Metres Grading 2.81 g/t Gold in Trenching Program, Correlating with Drilling Results at Depth, Tower Mountain Gold Project, Ontario
Thunder Bay, Ontario--(Newsfile Corp. - November 18, 2021) - White Metal Resources Corp. (TS...
About this update from Thunder Gold Corp.
[{"type":"text","content":"White Metal Cuts 20.74 Metres Grading 2.81 g/t Gold in Trenching Program, Correlating with Drilling Results at Depth, Tower Mountain Gold Project, OntarioThunder Bay, Ontario--(Newsfile Corp. - November 18, 2021) - White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) (\"White Metal\" or the \"Company\") is pleased to announce that it has received assay results from the A Zone trenching program at the Tower Mountain Gold Project (the \"Project\" or \"Property\"). 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 which correlate well with similar results reported from drill hole TM-21-108 that assayed 3.94 g/t Au over 23.8 m (from near surface) (Table 1; see also WHM news release dated October 21, 2021). White Metal has commenced a Phase 3 drilling program with 4,300 metres planned to test the many gold zones on the Property of which approximately 1,000 metres will target the A Zone.Michael Stares, President and CEO of White Metal, commented, \"The A Zone channel sampling program turned out to be very successful and we have now demonstrated that gold mineralization in this area is continuous at surface and correlates well with recent drilling. This program has given us enough structural knowledge to target the A Zone along strike and down-dip. We have so many great gold targets to follow-up on during our Phase 3 drilling program and the A Zone, although a key part of moving the Project forward, is just one of many excellent targets. As we move through the third phase of drilling, I look forward to sharing the results with our shareholders.\"A Zone Surface Program ResultsExtensive detailed mapping and channel sampling exposed an area roughly 100 m x 60 m that returned consistent moderate- to high-grade gold mineralization (Table 2). The A Zone is underlain by metavolcanic rocks characterized by hydrothermal brecciation and pervasive calcic + sericite hydrothermal alteration and ubiquitous pyrite throughout, locally up to 12%. The A Zone also exhibits the presence of a later structural system of sheeted, parallel quartz veining and fracturing. This later deformation appears to have enriched gold conce...