Mozart drill results music to White Rock ears
THE DRILL SERGEANT: White Rock Minerals has received high-grade silver assays from follow‐up drilling at the Mozart prospect, situated on the company’s Mt Carrington gold‐silver project near Drake in northern New South Wales.
The Mozart prospect is located adjacent to the existing 730,000 ounces of gold‐equivalent Resource base on the Mt Carrington project.
It also just 250 metres south of the 1.2 million ounce silver Resource at Silver King and 800 metres south of the eight million ounce silver Resource at Lady Hampden in the company’s central mining leases.
Location of Mozart prospect, Silver King and Lady Hampden Resources,
and recently completed drill holes and significant results. Source:
Company announcement
The definition of silver Resources at Lady Hampden and Silver King in 2011 encouraged White Rock to re‐evaluate previous limited percussion drilling it had carried out 500m to the south of Silver King, which intersected surface silver mineralisation.
White Rock said the latest drilling had intersected silver mineralisation of a higher tenor than the discovery drill hole the company had reported in May.
A highlight of the latest round was an intersection of:
– 26.5 metres at 220 grams per tonne silver from 133.3 metres, including 12.7 metres at 381 grams per tonne silver from 133.3 metres.
Further step‐out drilling at Mozart is currently underway. White Rock indicated Mozart is one of a number of priority near‐mine and regional exploration targets it has scheduled for drilling in 2012.
“We are excited by the new results at the Mozart discovery, and we believe the recent silver intersections in excess of seven ounces of silver per tonne indicate potential for a substantial shallow deposit which could positively impact on the development profile of the Mt Carrington Resource base,” White Rock Minerals managing director Geoffrey Lowe said in the company’s announcement tot the Australian Securities Exchange.
“Mozart is the first of a number of targets to be drill tested within one kilometre of the existing Resources, which indicates fantastic potential for continued up‐scaling of the project.”
White Rock has Scoping Studies well underway on the shallow Resource base and said it expects initial model parameters to be delivered in July.
It also said there was more definitive metallurgical test work proceeding early in the third quarter of this year as a prelude to feasibility studies and development decisions in 2013.