Sandfire ups 2019 spend at Red Mountain
North of 60 Mining News – July 19, 2019
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Last updated 9/26/2020 at 5:07am
White Rock Minerals Ltd.
This 2018 hole targeted Dry Creek, a zinc-rich volcanogenic massive sulfide deposit on White Rock Minerals' Red Mountain project. White Rock and Sandfire Resources are focusing 2019 exploration on identifying similar targets across this district-scale land package in Interior Alaska.
White Rock Minerals Ltd. July 16 announced that its joint venture partner Sandfire Resources NL has committed another US$1.5 million into the 2019 exploration at Red Mountain, extending activities into September at this zinc-rich volcanogenic massive sulfide (VMS) project southeast of Fairbanks, Alaska.
Sandfire, a mid-tier Australia-based mining company, can earn up to a 70 percent joint ventu...
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