ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

WTC

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:WTC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

White Tiger Mining Corp.: Second Drill Hole into the 'RM Zone' Geophysical Target Intersects 70 Metres of 0.54% Copper Includ...

25/04/2013 2:29pm

Marketwired Canada


White Tiger Mining Corp. (the "Company" or "White Tiger") (TSX
VENTURE:WTC)(FRANKFURT:W0I) is pleased to report additional drilling assay
results for its recently completed core drill program. Drill core hole RMZ 13-41
(which was collared 25 metres north of hole RMZ 13-40 on its Marshall Lake
property) further tested the IP chargeability anomaly and up-dip extension of
mineralization in hole RMZ 13-40. Drill hole RMZ 13-40 returned 43 metres of
1.38% copper (Cu), 5.40 g/tonne silver (Ag) and 0.040 g/tonne gold (Au) (see
news release dated April 23, 2013). 


The assay results for drill hole RMZ 13-41 are presented in the following table:



--------------------------------------------------------------------------
                   From       To     Width        Cu         Ag         Au
Hole Number     (metres) (metres)  (metres)       (%)  (g/tonne)  (g/tonne)
--------------------------------------------------------------------------
RMZ 13-41            84      154        70      0.54       2.07      0.031
--------------------------------------------------------------------------
  including         123      153        30      0.85       3.02      0.032
--------------------------------------------------------------------------
  including         137      153        16      1.34       4.72      0.055
--------------------------------------------------------------------------


 

All drill core was split at the Marshall Lake property and sample preparation
was done by ALS Canada in Thunder Bay, Ontario. Pulp samples (less than 75
microns) were then sent by secure courier to ALS Canada in North Vancouver,
British Columbia and analyzed by ICP spectrometer ("ICP") using a 0.5g
representative pulp dissolved in Aqua Regia (3 acid) digestion. All samples
grading over 1.0% copper were re-assayed with ore grade ICP and Aqua Regia
digestion. Gold analysis was done on a 30 gram sample by fire assay extraction
with AA ("Atomic Absorption") finish.


Updating of the 3-D model of the RM zone is now underway. 

The Marshall Lake property is an advanced exploration stage copper, silver and
gold project located 30 km west of Nakina, Ontario (access is via good all
weather gravel road from Hwy 11 and 22 km north of the main CNR rail line).


White Tiger has the option to earn a 50% interest in the Marshall Lake property
project from Rainy Mountain Royalty Corp. ("Rainy Mountain") (TSX VENTURE:RMO)
and Marshall Lake Mining PLC ("MLM") by spending $4 million in exploration
expenditures over 5 years and issuing 2 million shares over 4 years to Rainy
Mountain. As well, White Tiger has the additional option to increase its
interest to 75% by incurring such additional expenditures as are necessary to
take the project to bankable feasibility stage. As at October 31, 2012 (the
Company's most recent fiscal year end), White Tiger has earned a 25% joint
venture interest in the Marshall Lake property project. 


This news release has been reviewed and approved by Gordon Gibson, P.Geo., who
is acting as the Company's Qualified Person for the Marshall Lake property
project, in accordance with regulations under NI 43-101.


White Tiger Mining Corp.

Ronald A. Coombes, President

This news release includes certain statements that may be deemed
"forward-looking statements" within the meaning of applicable securities
legislation. All statements, other than statements of historical facts, that
address such matters as future exploration, drilling, exploration activities,
potential mineralization and resources and events or developments that the
Company expects, are forward looking statements and, as such, are subject to
risks, uncertainties and other factors of which are beyond the reasonable
control of the Company. Such statements are not guarantees of future performance
and actual results or developments may differ materially from those expressed
in, or implied by, this forward-looking information. Factors that could cause
actual results to differ materially from those in forward-looking statements
include such matters as market prices, exploitation and exploration results,
continued availability of capital and financing, and general economic, market or
business conditions. Any forward-looking statements are expressly qualified in
their entirety by this cautionary statement. The information contained herein is
stated as of the current date and subject to change after that date and the
Company does not undertake any obligation to update publicly or to revise any of
the forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.



FOR FURTHER INFORMATION PLEASE CONTACT: 
White Tiger Mining Corp.
Mr. Clive Shallow
Shareholder Communications
604-922-2030
604-922-2037 (FAX)


White Tiger Mining Corp.
Robert A. Young
Investor Relations
604-682-5123
info@whitetigermining.com
www.whitetigermining.com

1 Year Chart

1 Year  Chart

1 Month Chart

1 Month  Chart

Your Recent History

Delayed Upgrade Clock