Sign up Australia
Proactive Investors - Run By Investors For Investors

White Cliff Minerals drills out more gold and copper at Aucu

Assays show gold and copper mineralisation has been intersected at various zones.
map of Aucu project in Asia
Four drill rigs in total continue to operate at Aucu with more assays expected

White Cliff Minerals (ASX:WCN) has received the first batch of assays from its current drill program at its 90%-owned Aucu gold deposit located in the Kyrgyz Republic of central Asia.

Drilling aims to expand the current JORC resource of 1.8 million tonnes grading 5.2 g/t gold for 302,000 ounces of contained gold.

The company has completed 42 holes for 4720 metres across five zones at Aucu and expects to complete a total around 6200 metres of drilling in 2017.

Results include seven holes from the Lower Gold Zone (LGZ), 15 holes from the Quartz Zone, five holes from the Eastern Gold Zone, eight holes from the Chanach Copper Porphyry and two holes from the Camp Gold Zone.

Higher grade extensions to the LGZ were identified, featuring 1-metre intersections of 11.53 g/t gold, 2.8 g/t gold, 2.52 g/t gold and 1.04 g/t gold.

Drilling at the Quartz Zone has intersected wider zones of lower grade copper and gold mineralisation including 9 metres at 1.7 g/t gold and 0.32% copper from 118 metres and 27 metres at 0.41% copper and 0.24 g/t gold from 119 metres.

Drilling continues - a second diamond drill rig has been mobilised to site to complement the two reverse circulation rigs and one diamond rig currently drilling.

White Cliff also plans to drill test new regional targets where rock chips grading up to 102.3 g/t gold have been recorded.

View full WCN profile View Profile

White Cliff Minerals Ltd Timeline

Related Articles

Energy Fuels nudges higher as it outlines opportunities to lift uranium output
March 21 2018
The group is always hunting new sources of alternate feed materials and fee processing arrangements, it said
September 20 2018
Kodal Minerals is moving rapidly to work up the Bougouni project in Mali
worker on a hill
April 19 2018
The turnaround plan at the Drakelands mine is beginning to take effect

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use