Austar Gold Ltd

AuStar Gold Limited (ASX:AUL) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to announce that the Federal Court of Australia has today made orders approving the share scheme of arrangement and option scheme of arrangement.

During the Quarter, White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) commenced field activities at its 100% owned Red Mountain Project, located in central Alaska. The Company is exploring for Intrusion Related Gold System (IRGS) mineralisation and high-grade silver-zinc-gold-lead volcanogenic massive sulphide (VMS) deposits.

White Rock Minerals (ASX:WRM) (OTCMKTS:WRMCF) wishes to advise that a podcast of an Interview with its Managing Director & CEO, Matthew Gill is available.

AuStar Gold Limited (ASX:AUL) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to provide the following update on the proposed merger of AuStar Gold and White Rock by way of a share scheme of arrangement and option scheme of arrangement.

AuStar Gold Limited (ASX:AUL) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) refer to their joint ASX announcement of 3 February 20211 in which they advised that they had entered into a Merger Implementation Deed for the Share Scheme.

During the Quarter White Rock (ASX:WRM) (OTCMKTS:WRMCF) focused on completing advanced works in preparation for an aggressive 2021 field season with an exploration drill campaign in Alaska. Three drill rigs have been secured, as has supporting helicopter services, two remote accommodation camps and geophysical contractors.

AuStar Gold Limited (ASX:AUL) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to advise that they have entered into a binding Merger Implementation Deed (MID), pursuant to which it is proposed that White Rock will acquire 100% of the issued share capital of AUL.

Austar Gold Limited (ASX:AUL) has completed the initial first phase of resource definition drilling to identify the geometry of the controlling dyke and identify zones of mineralisation within the dyke at the Rose of Denmark mine capable of near term accessibility.