Business
White Metal Makes New Discovery of Massive Sulphide at Far Lake Copper Property, Northwestern Ontario
Thunder Bay, Ontario--(Newsfile Corp. - September 5, 2019) - White Metal Resources Corp. (TSX...
About this update from Thunder Gold Corp.
[{"type":"text","content":"White Metal Makes New Discovery of Massive Sulphide at Far Lake Copper Property, Northwestern OntarioThunder Bay, Ontario--(Newsfile Corp. - September 5, 2019) - White Metal Resources Corp. (TSXV: WHM) (\"White Metal\" or the \"Company\") is pleased to announce that it discovered massive sulphide mineralization during its current trenching program at the Far Lake Copper Zone, Far Lake Property (the \"Property\"), located about 75 kilometres northwest of Thunder Bay and north of the Shebandowan Greenstone Belt. The massive sulphides were uncovered approximately 12 metres northeast of the recently discovered copper showing reported earlier this year (see news release dated June 20th 2019).Michael Stares, President & CEO of White Metal, commented, \"This is truly an exciting new discovery and in all my years of experience I have only seen one other such discovery of massive sulphides. These are rare finds and I am thrilled that I was on the Property the day the new copper zone was uncovered. This new discovery demonstrates that there are still areas in northwestern Ontario with great potential that need to be explored in more detail. Furthermore, there has been no historical work done in the Far Lake area, suggesting there is significant opportunity for further discoveries as we continuing to explore the Property and region.\"Preliminary mapping of the trench exposures shows that the massive sulphides (chalcopyrite dominant) are hosted within structurally controlled fault-breccias that occur within a sequence of metasedimentary rocks and a white, medium-grained monzonite granite. In places the metasedimentary rocks could be large fragments that have been incorporated into the breccia. Several alteration styles have been observed on the Property, including intense silicification associated with massive chalcopyrite mineralization, sericite, and hematite veining within a monzonite granite.Of importance is a strong magnetic feature just to the north of the newly uncovered copper showing which appears to be cut by a main structure that trends to the northwest. The Company will be working in this area in the near future to assess the source and importance of this geophysical feature. Mineralization identified to date on the Property, displays characteristics suggestive of multiple mineralizing systems, with both porphyry and IOCG st...