By Shane Lasley
Mining News
Aussie miner joins Red Mountain VMS hunt
Sandfire agrees to invest up to US$21.6 million on exploration of White Rock's zinc-rich VMS project in Alaska over six years North of 60 Mining News – April 1, 2019
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Last updated 9/25/2020 at 2:28pm
White Rock Minerals Ltd.
This exploration camp at the White Rock Minerals' Red Mountain property will be expanded to accommodate crews carrying out mapping, sampling, ground geophysics and drilling during the 2019 summer field season in Alaska.
White Rock Minerals Ltd. is preparing for a US$4.3 million exploration program at its zinc- and precious metals-rich Red Mountain project in Alaska, thanks to an option agreement with fellow Australian miner, Sandfire Resources NL.
Under the option agreement, Sandfire can earn up to a 70 percent joint venture interest in the Red Mountain property by investing US$21.6 million into Red Mountain a...
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