White Rock gains new fans

ASX-listed junior White Rock Minerals will look to spend a sizeable chunk of the cash it currently has in the bank to define and drill key targets at the Red Mountain zinc project when the six-month exploration window in central Alaska opens up in the second half of 2018.

White Rock gains new fans White Rock gains new fans White Rock gains new fans White Rock gains new fans White Rock gains new fans

CEO Matt Gill was this week promoting the White Rock story in Canada this week in the company's first appearance at the Vancouver Resource Investment Conference.

The company has put out positive prefeasibility study results on the Mount Carrington gold and silver project in New South Wales, Australia, where it has outlined gold reserves containing 159,000oz, and total resources of 341,000oz gold and 23.2 million oz of silver.

But it is Red Mountain, acquired in 2016 and since enlarged through astute land deals, that holds the key to White Rock raising its profile in the North American market. Gill said the company was finalising its exploration budget for 2018, but its plan outlined in a late 2017 market release was to complete more geophysics and geochem surveys, and dri...