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Sandfire ups 2019 spend at Red Mountain

 

Last updated 9/26/2019 at 7:19pm

Red Mountain volcanogenic massive sulfide VMS drill target

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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