White Metal submits resource price quote for Okohongo, Namibia

White Metal Resources Corp.[WHM-TSXV; TNMLF-OTC] submitted a NI 43-101 technical report in assistance of the mineral resource quote on the Okohongo copper-silver deposit in Namibia, southern Africa, revealed August 18,2021 The Okohongo deposit lies within its 95%- owned Taranis (Okohongo) Cu-Ag Project as specified by Exclusive Prospecting Licence 7071 and covers about 13,825 hectares in the Kaoko Copperbelt, northwestern Namibia.

Michael Stares, President and CEO, mentioned, “The business is really delighted with the result of the brand-new Mineral Resource Estimate and it will continue to advance the Namibian Project while at the very same time searching for a partner that sees the very same advantage and capacity that the business sees in the home. White Metal has actually shown that there is space to grow and enhance the Okohongo deposit and exceptional copper-silver capacity along strike to the north and south of the deposit. As I have actually specified in the past, the business sees the need for copper staying strong which will just increase the future worth of the Okohongo Deposit and Project.”

The Inferred Mineral Resources of the Mineral Resource Estimate for the Okohongo Deposit, were designed and computed utilizing 3,226 metres of reverse flow drilling in 28 drill holes (518 chip samples in resource) and 781.70 metres of historic diamond drill core in 4 holes (63 core samples in resource).

The location covered by the resource has to do with 740 metres (east-west) and 720 metres (north-south). Utilizing a cut-off grade of 0.30%copper and presuming 10%geological loss, the research study reported roughly 7,706,732 tonnes grading 1.55%copper and 26.77 g/t silver for a CuEq of 1.82%copper., representing 119,256 tonnes copper and 6,634,133 oz silver for a CuEq of 139,891 tonnes.

The resource price quote was prepared by Caracle Creek International Consulting MINRES (Pty) Ltd., South Africa, in accordance with existing CIM Definition Standards on Mineral Resources and Reserves.