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Tag Archives: Gunners Cove

White Metal Receives Channel Sample Results from the Gunners Cove Gold Project

Thunder Bay, Ontario--(Newsfile Corp. - October 22, 2018) -  White Metal Resources Corp. (TSXV: WHM)("White Metal" or the "Company") announces that it has received the assay results from the recently completed channel sampling program at its Gunners Cove Gold Property (the "Property" or "Project"), located in northwestern Newfoundland. The Company is compiling all the work to date including mapping, prospecting samples, trench samples and airborne geophysical data to determine the best way to advance the project. The majority of the 689 channel samples returned below detection gold (<5 ppb Au) with only a few anomalous gold concentrations ranging from 5 to 209 ppb Au. Although disappointing as a first pass of detailed channel sampling, management's technical team remains encouraged about the Property and is committed to continued exploration and examining alternatives to furthering development at Gunners Cove.
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White Metal Resources Discovers Additional New Zone and Provides Update on Exploration at the Gunners Cove Gold Project

Evidence to date suggests that the Gunners Cove Gold Project represents an extensive and new unexplored gold system which the Company has traced intermittently for approximately 18 kilometres along strike and is locally up to 1.3 kilometres wide. To date, fifteen (15) new areas of gold mineralization have been discovered, of which three (3) have now been identified as high-priority follow up targets. The three priority zones are, from north to south, the Gunners Pit Zone, the Stephens Zone and the Bazooka Zone.
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