J U N E / J U L Y 2 0 1 9
www.resourceworld.com 41
Gold Belt, central Newfoundland.
Moosehead North and Moosehead South
claim blocks cover ground contiguous
and within the gold belt to the north and
south of the Sokoman gold discovery. RJK
said a Phase 1 exploration program on the
Moosehead properties will include a first
pass prospecting program to verify known
showings and to attempt to identify addi
-
tional showings of interest.
RJK also acquired the Rolling Pond
claim block in the gold belt further south
and contains a former Altius Minerals
exploration target which it said is drill-
ready. RJK has said a program of soil
geochemistry and ground geophysical
surveys will be implemented prior to the
continuation of drilling in late spring.
White Metal Resources Corp. [WHM-
TSXV] shares rallied recently after the
company released an initial due diligence
report on grab sampling results from
its recently optioned Little Joanna gold
property in central Newfoundland. The
property covers or 7,000 hectares and is
45 km northeast of Sokomon's Moosehead
gold project, where the discovery hole
recently returned 44.96 g/t gold over
11.90 metres from 109.00 to 120.90 metres.
White Metal recently entered into an
option agreement with Sokoman to acquire
by option a 100% stake in the Startrek
gold property, central Newfoundland.
White Metal said 50 gold occurrences have
been discovered on the property through
previous trenching and grab samples.
Previous operators, including Sokoman
and Rubicon Minerals Corp. [RMX-TSX;
RBYCF-OTC], have performed trenching
and drilling, but many gold targets remain
untested.
Rambler Metals and Mining Plc.
[RMM-AIM] has a 100% ownership of the
Ming copper-gold mine, an operating base
and precious metals processing facility and
year-round bulk storage facility located on
the Baie Verte peninsula, Newfoundland.
Rambler's production is 1,250 tonnes/
day; however, the company aims to
increase production to 2,000 tonnes/day.
Along with the Ming Mine, it also owns
100% of the former producing Little
MARITIMES
