Drilling Program At The Taranis Copper-Silver Project In Namibia
ONTARIO - White Metal Resources Corp. has completed its first drilling program on its 95% owned Taranis Copper-Silver Project, located in northwestern Namibia and defined by Exclusive Prospecting License ("EPL") 7071. The reverse circulation ("RC") drilling program consisted of 28 drill holes totaling 3,226 meters. The drilling program focused in the area that covers the historical mineral resources contained within the Okohongo Copper-Silver Deposit.
Michael Stares, President & CEO, said, "The four week RC drilling program in Namibia was a success and will provide us with the necessary data and information to complete an NI 43-101 compliant mineral resource estimate on the Okohongo copper-silver deposit. We look forward to receiving assay results by mid-March and announcing a resource estimate by April."
A total of 727 samples were submitted to Actlabs in Windhoek, Namibia for preparation and will be analyzed at Actlabs in Canada. Of the total samples, 619 are RC chip samples and 108 are blank, standard and duplicate samples submitted as part of the quality assurance/quality control program.
The Taranis Property (aka Okohongo Property), covering about 19 850 ha, includes the historical Okohongo Cu-Ag Deposit which has been outlined by historical drilling, showing it extends over 600 meters in strike length, 400 meters down-dip, and is interpreted to be open in all directions. The Okohongo, situated within the Kaoko Belt of northwest Namibia about 700 km northwest of Windhoek, is hosted by metasedimentary stratigraphy and is considered to be analogous with the stratiform sediment-hosted Central African Copperbelt deposits of Zambia and the Democratic Republic of the Congo. This deposit contains historical Inferred Mineral Resources of 10.2 million tonnes grading 1.12% Cu and 17.75 g/t Ag, using a 0.3% Cu cut-off.