Formerly WSR

Aggressive program in a highly prospective portion of the "Ring of Fire" mineralized zone.

Free
Message: WPR participating in the ROF activity

WPR participating in the ROF activity

posted on Jul 16, 2009 07:56PM

We had a $0.155 or 66% sp increase today. Third only to FNC and BMK. Seems like more than a rising tide lifts all boats. Maybe we have NR coming relating to:

"The exploration program was managed by White Pine for the Joint Venture partners under supervision of Mike Kilbourne, P.Geo. President, White Pine Resources Inc. Mr. Kilbourne prepared this release and states: "White Pine is very excited about this potential new VMS belt. This program was designed and budgeted to test some of the more prominent VTEM anomalies spatially associated with the 501 discovery. Five of the six anomalies we drilled produced some very encouraging results coupled with mineralogical and geological indications typical of VMS deposits. These anomalies are spread out over many kilometres suggesting a very active VMS environment in an unexplored greenstone belt. The G3 anomaly alone is outlined by VTEM for 1200m in strike length. The G6 anomaly, a very weak VTEM response, was not considered a primary target at all and was only drilled due to the proximal location (500m northeast) of the 501 discovery. There are numerous VTEM anomalies with the same geophysical signature as G6 in this belt that will need testing. This area of the Ring of Fire has the potential to develop into a major VMS camp."

Share
New Message
Please login to post a reply