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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

Feb 21, 2020 08:30 ET
White Metal Signs Letter of Intent to Vend Seagull Lake Platinum-Palladium Project
Thunder Bay, Ontario--(Newsfile Corp. - February 21, 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 Quadro Resources Ltd. ("QRO") in regards to the Seagull Lake Platinum-Palladium Project (the "Project" or the "Property"). The Project, which covers 7,539 ha, is about a one hour drive north of the port city of Thunder Bay, is located about 50 km south of Impala Canada's Lac des Iles Mine (previously North American Palladium), and is about 28 km north of the copper (Cu), nickel (Ni), and platinum group element (PGE) discoveries of Rio Tinto and Panoramic Resources.
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Feb 11, 2020 08:30 ET
White Metal Signs MOU on Namibian Copper-Silver Project to Examine Future Commercial Production Possibilities
Thunder Bay, Ontario--(Newsfile Corp. - February 11, 2020) - White Metal Resources Corp. (TSXV: WHM) ("White Metal" or the "Company") is pleased to announce that it has signed a non-binding Memorandum of Understanding ("MOU") with Luxury Investments One Hundred and Ninety Two (Pty) Ltd. ("Luxury Investments"), Kalahari Copper Ltd. ("Kalahari"), and Newco Management Team of South Africa ("NMT"). Along with White Metal, these three parties have agreed to work together on examining small-scale production possibilities in areas of Namibia covered by Exclusive Prospecting Licences ("EPL") controlled by White Metal (EPL 7071) and Kalahari Copper (EPLs 7082, 7079, 6998, 7081). Luxury Investments has been successfully running a small-scale mining operation in Namibia for over two years, producing approximately 200 to 250 tonnes per month of copper concentrate at a grade of 30% Cu. These small-scale operations are in close proximity to the EPLs held by White Metal and Kalahari. The parties will work in collaboration to see if the concept of small-scale mining would be effective on the Okohongo Cu-Ag deposit (White Metal) and any other prospects within the above mentioned EPLs.
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Valuation Ratios

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Short Report

DateNumber of Shares ShortedNet Change
Feb 15, 2020500-15,819
Jan 31, 202016,31916,318
Jan 15, 202010
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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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