White Rock identifies new Mt Carrington copper target

THE DRILL SERGEANT: White Rock Minerals (ASX: WRM) has received results from a deep-penetrating, electrical geophysics ‘MIMDAS’ survey recently undertaken at the company’s Mt Carrington project in northern New South Wales.

According to White Rock the survey has revealed a new large, robust anomaly, which has been interpreted to represent a potential porphyry copper system at Mt Carrington.

The anomaly is located 1.5 kilometres west of known shallow copper mineralisation on the central Mining Leases at Mt Carrington and extends vertically from 150 metres depth to in excess of 1,000m depth.

The anomaly has not been identified in previous geophysics nor tested by previous drilling.
 
White Rock indicated it will shortly complete interpretation of final data in order to prioritise targets for drill testing in the near future.

Drilling will be partly funded by a $200,000 grant awarded by the NSW Government under its ‘New Frontiers’ Cooperative Drilling Program.

“The results of the MIMDAS survey are outstanding and underpin what we consider are the most exciting and compelling exploration targets we have generated at Mt Carrington to date,” White Rock Minerals managing director Geoff Lowe said in the company’s announcement to the Australian Securities Exchange.

“The data provides an excellent endorsement of our porphyry copper-gold exploration model and will form the basis for drill testing of a number of high priority targets within a potentially extensive alteration system interpreted to be more than five kilometres in diameter.

“Success in the upcoming drill program is likely to generate significant new interest in the Mt Carrington project for the company, and would complement the pending development of the existing shallow gold-silver resources on the project.”

Email: info@whiterockminerals.com.au

Website: www.whiterockminerals.com.au