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News and Announcements

Drilling Starts – High-Grade Gold Gap Zone Target, Morning Star Gold Mine

  • Published October 20, 2021 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

White Rock Minerals Limited (ASX: WRM; OTCQX:WRMCF), (‘White Rock’ or ‘the Company’) is pleased to announce a major underground diamond drill program has commenced to test the Gap Zone at the Morning Star gold mine. Diamond drill contractor Deepcore Australia Pty Ltd has commenced work with an underground electric hydraulic drill rig currently drilling the first hole of Ring 3 at the northern end of the Morning Star mine.

This Project was acquired by White Rock when we merged with ASX-listed AuStar Gold, receiving the keys less than two months ago. This Project also came with a highly prospective and under-explored Victorian goldfields tenement package covering 670km2.

Register Interest

White Rock’s primary objective at the Morning Star gold mine is to identify and drill areas of the dyke that have the potential to host multiple high-grade gold quartz reefs. Utilising existing development infrastructure will support a low capital restart of production from multiple reef locations. The Gap Zone is one such primary target in the mine due to its size, multiple high-grade gold bearing reef potential and proximity to existing infrastructure including the Morning Star shaft.

Key Highlights

Analysis of historic mining and exploration has identified the Gap Zone as a priority high-grade gold target for drill testing at the Morning Star gold mine, part of the Company’s Woods Point Gold Project in Victoria.

• The Gap Zone represents an area with 200 metres of vertical extent between areas of historic mining that occurred above 10-level (>500,000 ounces) and below 14-level (>300,000 ounces).

• The Gap Zone target area has had little drilling and so offers significant potential to identify new high-grade quartz reef structures along the 600 metre strike length of the host dyke, extending across its full 60-80 metre width.

• An 11,500 metre diamond drill program has commenced with approximately 50 holes planned to test the full extent of the Gap Zone, within the host dyke and across its margins.

• Historic production1 of 883,000ozs gold at 26.5g/t is reported from quartz reefs distributed over a total vertical extent of 500 metres, excluding the Gap Zone (200 metres vertical extent) where there is no historic production and little exploration drilling.

See the full announcement here.

Register Interest

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