White Rock Minerals (ASX: WRM; OTCQX:WRMCF), (‘White Rock’ or ‘the Company’) is pleased to provide an update on surface drilling assay results from the Dickenson South target area at the Morning Star underground Gold Mine in northeast Victoria. This target area, between surface and 6 Level, is within 100 metres of the existing shaft and accessible from multiple levels.
White Rock’s primary objective at the Morning Star Gold Mine is a low capital cost restart of gold production from multiple reef locations. The Company seeks to achieve this by identifying and drilling areas of the dyke with potential to host multiple high-grade gold quartz reefs proximal to existing underground development infrastructure.
The Dickenson South target area is one such primary target with multiple high-grade, gold-bearing reefs. The surface drill rig has now completed a program of drill holes that assisted in the assessment of near term development and production potential for further working areas close to the Main Shaft; the Age of Progress Reef and Stacpoole Reef, accessed via 2 Level and the Dickenson Reef and the Exhibition Reef that can be accessed via 4 Level (Figure 1).
Of note, the latest phase of infill drilling from surface has highlighted the potential of the Exhibition Reef to provide an additional working area for the upcoming recommencement of mining activities. Figure 2 highlights the area where a significant “high-grade” zone could extend for more than 100m strike and up to 40m down-dip. The Exhibition Reef “high-grade” target area includes the following intersections:
Read the full announcement here.