White Tiger Mining Corp. (the "Company" or "White Tiger") (TSX
VENTURE:WTC)(FRANKFURT:W0I) is pleased to announce that additional assay results
from the Company's phase one, core drilling program on its Marshall Lake
Property has been successful in extending the RM Zone 125 metres along strike.
The RM zone is just one of numerous zones of interest on the Property.


The Marshall Lake Property is located 30 km west of Nakina, Ontario. Access is
by all weather gravel road from Hwy 11 and the main CNR rail line is within 22
km to the south of the Property.


Drill hole GAZN-10-13 and GAZN-10-17 have extended the mineralized zone (as
reported in White Tiger's recent news release of November 3, 2010) a further 75
metres to the west and a further 25 metres to the east. This gives the RM Zone a
proven strike length of 125 metres. The Company believes that the RM Zone
continues towards the historical Lease Zone, which is 200 metres further to the
west. Additionally, drill hole GAZN-10-13 opens up the possibility of an eastern
extension to the deposit, and as well, the mineralization is still open to depth
and to the south.


For the first time, a felsic fragmental unit has been recognized in the south
hanging wall rocks that creates a distinctive marker horizon to follow both the
stratigraphy and mineralization. IP survey data suggests that the mineralization
continues for at least another 325 metres to the west.


A zone of porphyry has also been intersected in drill hole GAZN-10-12, which is
situated along the north side of the copper bearing high silica rhyolite
horizon.


"Assays continue to confirm that the new RM Zone has values of copper, silver
and gold near surface over potentially mineable widths that remain open along
strike to the east and west, and as well, down dip. We are now planning a phase
two drill program to expand upon the extremely encouraging initial results
received to date," says Ronald Coombes, President and CEO of White Tiger Mining
Corp. 


Drill Hole Summary

Drill hole GAZN-10-13; a 25 metre eastern step out from the 2008 drill hole,
GAZN-08-06, and a 50 metre eastern step out from the recently completed drill
holes GAZN-10-10, GAZN-10-11 and GAZN-10-15 (see news release dated November 3,
2010). Drill hole GAZN-10-13 intersected a wide section of high silica rhyolite
with chalcopyrite with two prominent zones which assayed 0.43% Cu, 1.77g/t Ag
and 0.07g/t Au over 14 metres and 0.44% Cu, 2.48g/t Ag and 0.24g/t Au over 31.5
metres. These zones contained some promising intersections, including a 0.5
metre sample of 3.35% Cu and 20.0g/t Ag and a 1 metre sample containing 5.21g/t
Au.


Drill hole GAZN-10-17; a 75 metre western step out from previously released
drill hole GAZN-10-15 intersected a 37 metre wide zone of high silica rhyolite
containing wide spread chalcopyrite and a footwall chloritic alteration zone
with higher concentrations of chalcopyrite. The mineralization and lithology
encountered is identical to the zones found in drill holes GAZN-10-10,
GAZN-10-11 and GAZN-10-15, located in section, 75 metres to the east, as well as
in the historical drill holes GAZN-07-02 and GAZN-08-06, located 100 metres to
the east of drill hole GAZN-10-17. Assays from drill hole GAZN-10-17 yielded
0.48% Cu, 2.07g/t Ag and 0.04g/t Au over 37 metres, including 1.12% Cu, 5.87g/t
Ag and 0.13g/t Au over 7.2 metres.


The assay results for drill holes GAZN-10-13 and GAZN-10-17 are as follows:



---------------------------------------------------------------------------
                     From        To     Width                 Ag        Au
Hole Number       (metres)  (metres)  (metres)  Cu (%)  (g/tonne)  (g/tonne)
---------------------------------------------------------------------------
GAZN-10-13             91       155        64    0.37       1.92       0.15
---------------------------------------------------------------------------
Including              91       105        14    0.43       1.77       0.07
---------------------------------------------------------------------------
And                 123.5       155      31.5    0.44       2.48       0.24
---------------------------------------------------------------------------
Including           123.5       130       6.5    0.81       4.63       0.11
---------------------------------------------------------------------------
Including           123.5       124       0.5    3.35       20.0       0.18
---------------------------------------------------------------------------
And                   152       153         1    1.05        8.0       5.21
---------------------------------------------------------------------------
GAZN-10-17             99       136      37.0    0.48       2.07       0.04
---------------------------------------------------------------------------
Including           128.8       136       7.2    1.12       5.87       0.13
---------------------------------------------------------------------------



As well, previous assay results, as reported in the Company's News Release dated
November 3, 2010, are as follows:




---------------------------------------------------------------------------
                     From        To     Width                 Ag         Au
Hole Number       (metres)  (metres)  (metres)  Cu (%)  (g/tonne)  (g/tonne)
---------------------------------------------------------------------------
GAZN-10-10             38       116      78.0    0.42       2.05       0.09
---------------------------------------------------------------------------
Including             111       116       5.0    1.89      12.04       0.70
---------------------------------------------------------------------------
GAZN-10-11             82       143      61.0    0.69        3.4       0.11
---------------------------------------------------------------------------
Including           110.4       143      32.6    1.04       5.13       0.15
---------------------------------------------------------------------------
Including             117       122       5.0    3.53      18.16       0.52
---------------------------------------------------------------------------
Including             120       121       1.0    9.32       49.8       1.12
---------------------------------------------------------------------------
GAZN-10-15            149       172      23.0    1.34       6.75       0.29
---------------------------------------------------------------------------
Including             155       160       5.0    4.08       20.6       1.12
---------------------------------------------------------------------------
Including             157       159         2    7.25       35.9       2.03
---------------------------------------------------------------------------



Additional assay results from the Company's phase one drill program are still
pending and are expected to be released in the upcoming weeks.


Drill core was split at a secure facility in Thunder Bay, Ontario and sample
preparation was done by ALS Chemex in Thunder Bay, Ontario. Pulp samples (less
than 75 microns) were then sent by secure courier to ALS Chemex in North
Vancouver, British Columbia and analyzed by ICP spectrometer("ICP") using a 0.5g
representative pulp dissolved in Aqua Regia (3 acid) digestion. All samples
grading over 1.0% Cu were re-assayed with ore grade ICP and Aqua Regia
digestion. Gold analysis was done by fire assay with AA ("Atomic Absorption")
finish.


White Tiger has the option to earn a 50% interest in the Marshall Lake Property
project from Rainy Mountain Royalty Corporation ("RMO") and Marshall Lake Mining
PLC ("MLM") by spending $4 million in exploration expenditures over 5 years and
issuing 2 million shares over 4 years to RMO. As well, White Tiger has the
additional option to increase its interest to 75% by incurring such additional
expenditures as are necessary to take the project to bankable feasibility stage.


This news release has been reviewed and approved by Robert Middleton, P.Eng.,
who is acting as Qualified Person for the Company's Marshall Lake Property
project in accordance with regulations under NI 43-101.


White Tiger Mining Corp.

Ronald A. Coombes, President and CEO

This news release includes certain statements that may be deemed
"forward-looking statements" within the meaning of applicable securities
legislation. All statements, other than statements of historical facts, that
address such matters as future exploration, drilling, exploration activities,
potential mineralization and resources and events or developments that the
Company expects, are forward looking statements and, as such, are subject to
risks, uncertainties and other factors of which are beyond the reasonable
control of the Company. Such statements are not guarantees of future performance
and actual results or developments may differ materially from those expressed
in, or implied by, this forward-looking information. Factors that could cause
actual results to differ materially from those in forward-looking statements
include such matters as market prices, exploitation and exploration results,
continued availability of capital and financing, and general economic, market or
business conditions. Any forward-looking statements are expressly qualified in
their entirety by this cautionary statement. The information contained herein is
stated as of the current date and subject to change after that date and the
Company does not undertake any obligation to update publicly or to revise any of
the forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.


Rainy Mountain Royalty (TSXV:RMO)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Rainy Mountain Royalty Charts.
Rainy Mountain Royalty (TSXV:RMO)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Rainy Mountain Royalty Charts.