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White Metal Resources Corp. (V:WHM)

Business Focus: Integrated Mining

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Insider Filings

Latest 10 SEDI filings for WHM within the last 6 months
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Company News

May 20, 2020 08:30 ET
Benton Options High Grade Copper Silver Gold Project from White Metal Resources Corp.
Thunder Bay, Ontario--(Newsfile Corp. - May 20, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that the Company has entered into a binding Letter Of Intent ("LOI") with White Metal Resources Corp (TSXV: WHM) ("WHM") whereby Benton can earn up to a 70% interest in WHM's Far Lake project (the "Property") located 80km west of Thunder Bay, Ontario.
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May 20, 2020 08:30 ET
Benton Resources Signs LOI with White Metal Resources to Acquire 70% of the Far Lake Copper-Silver Project, Ontario
Thunder Bay, Ontario--(Newsfile Corp. - May 20, 2020) - White Metal Resources Corp. (TSXV: WHM) ("White Metal" or the "Company") is pleased to announce that it has signed a letter of intent ("LOI") with Benton Resources Inc., (TSXV: BEX) ("Benton") for Benton to earn up to a 70% interest in the Far Lake Copper-Silver Project (the "Project"). The Project, located about 75 km northwest of the port city of Thunder Bay and north of the Shebandowan Greenstone Belt, comprises 196 single cell mining claims and covers about 4,178 hectares. The Company recently completed a 464 line-kilometre, fixed-wing, high-resolution aeromagnetic gradiometer and digital VLF-EM survey over the Project (see Company news release dated April 22, 2020) as part of ongoing exploration designed to follow up on its successful 2019 prospecting, trenching and sampling programs that led to the discovery of copper-silver mineralization, including a 0.7 metre channel sample across massive sulphide that assayed 22.0% Cu, 30.2 g/t Ag, and 0.25 g/t Au (see Company news release dated September 30, 2019).
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Valuation Ratios

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Price to Book - most recent quarter
Price to Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
May 15, 2020113,92616,926
Apr 30, 202097,0000
Feb 29, 202039,00038,500
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Business Summary

Sector:  Basic Materials Industry:  Integrated Mining

White Metal Resources Corp. is a junior mineral exploration company. The Company is engaged in the acquisition, exploration and if warranted, development of mining properties in Canada. The Company holds interests in resource properties primarily located in Ontario. The Company's properties include Seagull/Disraeli and Manitouwadge PGE (Moshkinabi, Peacock Road and the Fairies Lake collectively the Property). Its Seagull/Disraeli Property consists of over 191 mineral claim units in the Anders Lake and Leckie Lake areas. The Manitouwadge PGE Property is located in northern Ontario approximately 32 kilometers east of Manitouwadge, Ontario. The Company hosts Dorothy-Dobie deposit, which is located along the Pickle Lake Deformation Zone. The Company also retains certain other Ontario mineral property interests, including the Kasagiminnis Lake Property, West Porcupine Project, Vanguard Property, Norton Lake Property, Pickle Lake East Property, Tilly Property, and Nighthawk Joint Venture.

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