Business

White Metal Receives Update from Benton Resources on Exploration Results at Far Lake Project, Ontario

Thunder Bay, Ontario--(Newsfile Corp. - January 19, 2021) - White Metal Resources Corp. (TSXV...

articleThunder Gold Corp.January 19, 20214/company/thunder-gold-corp/news/white-metal-receives-update-from-benton-resources-on-exploration-results-at-far-lake-project-ontario
White Metal Receives Update from Benton Resources on Exploration Results at Far Lake Project, Ontario

About this update from Thunder Gold Corp.

[{"type":"text","content":"White Metal Receives Update from Benton Resources on Exploration Results at Far Lake Project, OntarioThunder Bay, Ontario--(Newsfile Corp. - January 19, 2021) - White Metal Resources Corp. (TSXV:WHM) (\"White Metal\") is pleased to announce that it has received an update from Benton Resources Inc. (\"Benton\") regarding its first phase drilling program and ongoing 3D IP survey at the Far Lake IOCG Project (aka Far Lake Copper-Gold Project). The Far Lake IOCG Project is currently under option to Benton whereby Benton can earn up to a 70% interest in the Project (see White Metal news release dated May 20, 2020). The news release, which was issued by Benton earlier today, is reproduced below:Benton Confirms Widespread Copper Mineralization at Far Lake IOCG Project;3D IP Survey Identifies Large Chargeability Targets for DrillingThunder Bay, Ontario--(Newsfile Corp. - January 19, 2021) - Benton Resources Inc. ('Benton' or 'the Company') (TSX-V: BEX) is pleased to announce that it has discovered wide zones of mineralization at the Company's Far Lake IOCG project (\"Far Lake\") including 0.15% Cu and 0.15 g/t Ag over 60.4 m, including 0.35% Cu and 0.51 g/t Ag over 15.6 m and 1.08% Cu and 1.63 g/t Ag over 2.6 m in drill hole FL-20-11. Drill hole FL-20-11 is located approximately 1,800 m NW along the same structure as the Far Lake discovery zone where surface sampling produced Cu grades up to 22% over 0.7 m. Drill holes FL-20-01 to FL-20-05 completed in the discovery zone yielded results including 0.19% Cu and 0.34 g/t Ag over 33.6 m, including 1.11% Cu and 1.33 g/t Ag over 3.1 m (FL-20-03). The Far Lake project, pursuant to which the Company currently holds under option from White Metal Resources Corp. (TSX-V: WHM) (see Company PR dated May 20, 2020), is located 80km west of Thunder Bay, Ontario.FL-20-01 to FL-20-05 were shallow holes and mineralized targets were interrupted by a series of diabase dykes and sills. Future drilling in this area will therefore be deeper to avoid intersecting these younger mafic intrusions. The Company is very encouraged by the Cu mineralization intersected in almost every hole and confirms that there is a direct correlation between Cu-sulphides and the two NW trending structures that cross the property.In December 2020, the Company hired Abitibi Geophysics (\"Abitibi\") to complete a 3D DasVision IP survey...

More updates from Thunder Gold Corp.