White Rock Minerals (WRM.AX): Drilling Starts in the High-Grade Gold Gap Zone Target at the Morning Star Gold Mine
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
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