Business
White Metal Details Immediate Exploration Campaign Plans for the Gunners Cove Gold Discovery
Thunder Bay, Ontario--(Newsfile Corp. - July 24, 2018) - W hite Metal Resources Corp. (TSX ...
About this update from Thunder Gold Corp.
[{"type":"text","content":"White Metal Details Immediate Exploration Campaign Plans for the Gunners Cove Gold DiscoveryThunder Bay, Ontario--(Newsfile Corp. - July 24, 2018) - White Metal Resources Corp. (TSXV: WHM) (\"White Metal\" or the \"Company\") is pleased to announce the updated plans for an aggressive channel sampling programme on the four priority targets at its new gold discovery, Gunners Cove, Newfoundland. As disclosed in our press release dated July 11, 2018, Company technical personnel have determined that this surface programme is the best way to properly evaluate the gold tenure and continuity of the various gold zones, as well as to assist in the delineation of targets for future diamond drilling. Accordingly, a crew is being mobilized to work on the Gunners Cove Property (the \"Property\") with work expected to commence within a week.To date, the extensive unexplored gold system, which the Company has traced intermittingly for approximately 18 kilometres along strike and up to 1.3 kilometres in width, reveals fifteen (15) new areas of gold mineralization of which three (3) have now been identified as high-priority follow-up targets. The three priority zones are, the Gunners Pit Zone, the Stephens Zone, and the Bazooka Zone. The Company is awaiting the results of 15 grab samples from the recently discovered Totem Zone, which are described as sheared black shale and polymictic breccia with up to 10% pyrite in the form of nodules, cubes and stringers. Results dependent, the Company may decide to prioritize the Totem Zone as well, making the Totem Zone its fourth priority.The Channel sampling programme is expected to begin the first week of August and is planned to take 3 to 4 weeks to complete. Results will be reported when available. The purpose of the channel sampling is to determine the gold zones of highest potential and to help guide the expected comprehensive drilling programme planned to follow the surface programme. Mick Stares, a director of White Metal, and his team, are personally spearheading this comprehensive programme and will continue to foster the prospective extension of the large area of gold mineralization at the Gunners Cove Gold Project and further its recent achievement of gold discoveries.Jean-Pierre Colin, President and CEO of the Company, stated \"Because of all the accomplishments to date at Gunners Cove, the Pro...