- White Rock Minerals (WRM) has received assays from its Woods Point gold project in Victoria
- Drilling has focused on the Kenny’s target area which includes multiple historical quartz vein reefs
- Latest assays include gold grading up to 320g/t over 0.3 metres, 66.4g/t gold over 0.6 metres and 21.2g/t gold over 4.1 metres
- Drilling is continuing to scope out future mineral inventory at the Kenny’s target and additional diamond drilling is planned for other areas in the coming months
- Company shares ended the day 7.14 per cent in the green to close at 30 cents
White Rock Minerals (WRM) has received assays from its Woods Point gold project in Victoria.
The drilling program, which commenced in June, focused on the Kenny’s target area which includes the historical Whitelaw, Burns and Campbell quartz vein reefs.
Analysis of the historical data highlighted Kenny as a high priority target for immediate follow up and this program is targeting the down-plunge extensions of each of these reefs beyond the northern limits of historical production.
So far, 27 holes, for 1002 metres, have been drilled and the company has received results for 23 of these.
The latest results include one metre at 34.2 grams of gold per tonne (g/t) from 19.8 metres including 0.3 metres at 107g/t gold from 20.2 metres, 0.3 metres at 320g/t gold from 14.2 metres, and 4.1 metres at 21.2g/t gold from 52 metres including 0.6 metres at 66.4g/t gold from 52.6 metres.
Positively, the assays highlight the high-grade nature of the gold mineralisation which remains open to the north, south and west.
White Rock aims to ramp-up exploration drilling throughout the Morning Star mine to define sufficient mineral inventory in various areas before considering recommencing production in 2022.
The company is analysing data to prioritise additional target areas, with plans for more diamond rigs to operate over the next six to nine months.
Company shares ended the day 7.14 per cent in the green to close at 30 cents.