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News and Announcements

ASX-Listed Silver, Zinc, and Gold Exploration Company with Ongoing Projects in Alaska and NSW | Currently Acquiring a Victorian Gold Explorer

  • Published August 12, 2021 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

White Rock has three exciting assets. We are currently exploring for silver, zinc, and gold at our large district-scale Red Mountain project in central Alaska. We have successfully entered a joint venture partnership with another ASX-listed company to advance our gold and silver project in NSW.

We are also in the final stages of acquiring a gold explorer and small-scale producer with a sizeable under-explored land package in Victoria that comes with an underground mine and a gold processing facility.

These three assets offer the White Rock investor a wonderful exposure to precious metals in 1st world jurisdictions, leveraged to any exploration success we might have.”

Matt Gill, MD & CEO, White Rock Minerals

Register Interest

Executive Summary

White Rock Minerals is a junior mineral resources company listed in the ASX (ASX: WRM) and the US-OTCQX (OTCQX: WRMCF).

The company is a silver-gold-zinc-copper explorer and near-stage gold producer.

Investment Highlights

Red Mountain silver-zinc-gold volcanogenic massive sulphide (VMS) deposits:

  • Demonstrated down-dip potential for the silver-rich zinc Dry Creek VMS resource to grow across its 1,200-metre strike length.
  • There are multiple VMS targets for testing within the district-scale 836km² tenement package.
  • The 2021 drilling program for the deposit is fully funded.

Exciting exploration upside – Last Chance gold target:

  • Last Chance is a significant gold IRGS anomaly identified in the Tintina Gold Province.
  • Soil sampling has defined a sizeable gold-arsenic system over 6km strike east-west and 1.2km wide north-south.
  • The 2021 drilling program for the deposit is fully funded.

Mt Carrington gold-silver-copper:

  • This development project has an advanced and updated pre-feasibility study and a JORC Reserve.
  • Brownfields development and reduced capex requirement with infrastructure to support mining are in place.
  • Joint venture agreement signed – White Rock is free carried through the approvals and definitive feasibility studies (DFS) stages.

A merger with a Victorian gold explorer and small-scale gold producer:

  • White Rock is acquiring a Victorian gold explorer and producer by way of a merger.
  • AuStar holds 670km² of highly prospective exploration ground with historical production >1M ozs gold.
  • AuStar was also producing modest quantities of gold from its high-grade Morning Star gold mine and gold processing facility (past production of >800,000 ozs at >26g/t gold).

Jurisdictional diversification:

  • The company has projects in Alaska, NSW, and Victoria in low-risk investment “Tier One” destinations.

Investment Offering

White Rock is inviting new investors to join the White Rock growth story through on-market support via its listing on the ASX under the ticker “WRM” and in the US under its OTCQX ticker “WRMCF”.

Register Interest

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