Red Mountain

Red Mountain is a 100% owned, globally significant, silver-rich zinc volcanogenic massive sulphide (“VMS”) project located in central Alaska, USA. The area has had historic exploration from 1975-1999 and has significant upside using modern technology and techniques.

This project also hosts the recently discovered large IRGS-style Last Chance gold anomaly; the Red Mountain project also being in the Tintina gold belt, home to multi-million ounce deposits like Pogo, Fort Knox and Donlin.

White Rock controls a highly prospective district-scale land position of 798km2.

Red Mountain has two identified deposits (Dry Creek and West Tundra Flats) providing White Rock with a Maiden Resource base of 16.7Mt at 9% ZnEq / 424g/t AgEq including a high-grade component of 9.1Mt @ 13% ZnEq / 609g/t AgEq, and newly discovered massive sulphide mineralisation at the Hunter prospect.

The high-grade JORC Resource breakdown is:-

9.1Mt at 5.8% zinc, 2.6% lead, 157 g/t silver and 0.9g/t gold (using a 3% Zn cut-off grade).

This makes Red Mountain one of the highest grade and most significant deposits of any zinc company listed on the ASX.

 
Map.png
 

Infrastructure and Access

Alaska is ranked in the top 5 globally by the Fraser Institute in terms of its investment attractiveness and the Red Mountain project is well located in Central Alaska with respect to existing infrastructure and logistics.

Project highlights include:

  • Major road and rail access located just 120km to the west, and 85km to the north, of the project

  • Connection to the major port at Anchorage, about 400km to the south

  • Access to fresh water

  • No community or environmental legacy issues

  • Close to an established mining hub at Fairbanks, servicing mines including Pogo, Fort Knox and Usibelli.

 
RM Project location plan 2021.png