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Whitehorse Gold Intersects 182.6 Meters Grading 0.2% Tin, 0.94% Zinc, and 24 g/t Silver at the SF Tin Project, Bolivia
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Whitehorse Gold Corp. &#x...
About this update from Tincorp Metals Inc
[{"type":"text","content":"Whitehorse Gold Intersects 182.6 Meters Grading 0.2% Tin, 0.94% Zinc, and 24 g/t Silver at the SF Tin Project, BoliviaVancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Whitehorse Gold Corp. (TSXV: WHG) (OTCQX: WHGDF) (\"Whitehorse Gold\" or the \"Company\") is pleased to announce the assay results of its second confirmation drill hole (DDH-SF-002a) for the SF Tin Project, located in the Oruro Department, Bolivia. This is the second of the two confirmation drill holes to validate two historical holes reportedly drilled by Rio Tinto. The assay results of the first confirmation drill hole (DDH-SF-001) at the SF Tin Project were announced in the Company's news release on October 31, 2022, which successfully verified the results from a nearby historical drill hole (ESF001).Hole DDH-SF-002a was drilled at the same azimuth and dipping angle (azimuth of 90° and -60° dip) as the historical hole ESF002 but was collared 12 meters apart (Figure 1). DDH-SF-002a intersected 182.6 meters grading 0.20 % tin, 0.94 % zinc, and 24.0 g/t silver from 69.0 m to 251.6 m (Table 1), compared with 180.0 m grading 0.29 % tin, 1.06 % zinc and 13.3 g/t silver for the historical hole ESF002. The company is satisfied that hole DDH-SF-002a has confirmed the historical drill hole ESF002.Gordon Neal, CEO & Director, commented, \"This second confirmation drill hole validates hole ESF002 previously drilled by Rio Tinto. These results, in combination with the first confirmation drill hole, strengthen our commitment to complete the final acquisition of the SF Tin Project.\" Based on the option agreement (news release dated August 25, 2022), subject to satisfactory confirmation drill results, the company will proceed to acquire a 100-per-cent interest in the SF Tin project by paying a total of $3.65 million (U.S.) over two years.Table 1. Composite analytical results for hole DDH-SF-002aHole IDFrom mTo mInterval mSn %Ag g/tZn %Pb %DDH-SF-002a69.00251.60182.600.2024.010.940.17Incl.85.3589.203.851.0416.943.630.06Incl.210.09224.0013.910.4520.651.360.05Incl.245.63251.605.970.42147.072.931.07 Notes:1. Drill intercepts are core lengths, and grades are length weighted. True width of mineralization is unknown at this time.Figure 1. Cross section (looking North), showing the historic hole ESF002 and the Company's verification...