Thunder Bay, Ontario–.
The 3D-IP survey revealed a number of anomalies with the most notable anomaly, TS-02, encompassing the area of the newly discovered Ellen Zone .
Another high priority anomaly, TS-04, is located about 300 metres northeast of the eastern end of the U-V Zone, exhibiting a combination of high changeability/resistivity and is traceable for about 1 km to the southeast.
Michael Stares, President and CEO of White Metal, commented, “We are very pleased with the outcome of the 3D-IP survey; it has added to our already expanding data base and will give us additional targets for follow-up in order to explain the sources of the anomalies.
In fall 2020, White Metal personnel prospected the Ellen Zone area, which is largely covered by overburden, and returned anomalous gold values in rock grab samples ranging from weakly anomalous (>50 ppb Au) to 1300 ppb Au .
IRPC has over twenty years of experience specializing in a full range of investor relations services representing a wide array of public clients and assisting in broadening their shareholder base.
IRPC will receive compensation in the sum of $5,000 per month and will also be granted stock options and vest in equal quarterly amounts over the first year of the term.
Technical information in this news release has been reviewed and approved by Dr.
The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation.
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record.