Company
ASX:WCN
White Cliff Minerals is focused on advancing a material copper project in a Tier 1 jurisdiction. Drilling at the Rae Project’s Danvers area has confirmed a district-scale copper sulphide system, with high-grade copper and silver assays and visible copper in every hole into the main structure, building on historic high-grade results.
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Todd Hibberd, managing director, commented: "The quality of the company’s high grade gold project in Central Asia and Western Australian gold projects has generated significant interest."
White Cliff is advancing its 89% owned Aucu gold deposit located in the Kyrgyz Republic and its 100% owned Merolia gold project located near Laverton, Western Australia.
White Cliff has identified visible gold at both its projects.
The halt will remain in place until the opening of trade on Friday 28th October 2016.
The pending drill program will assist White Cliff in understanding the extent of any potential gold mineralisation in that sampled area.
White Cliff has expanded the bullseye gold in-soil anomaly near Laverton.
The Quartz Zone is proving prospective for White Cliff as quartz outcrops containing native gold occur in every road cutting completed to date.
The Merolia gold project in Western Australia continues to emerge as a prospective project for White Cliff alongside its more advanced flagship Aucu gold deposit.
Assays of the intersections have revealed grades of up to 41.6 g/t gold. White Cliff is expected to complete 1,500-2,000 metres of drilling during the remainder of 2016.
White Cliff has identified substantial gold in soil anomalies along the Comet Well gold trend located within the Merolia gold project near Laverton in Western Australia.
Identification of outcropping quartz containing visible gold is another indicator of the potential Aucu has to be a multi-million ounce gold deposit.
The first six holes of the 2016 diamond program have assisted White Cliff in defining the sources of gold mineralisation as it looks to evolve Aucu into a multi-million ounce deposit.
Perth broker Hartleys noted: "White Cliff is leveraged to exploration success, with strong share price appreciation correlating well to positive drill results, which are anticipated."
A second drill rig has arrived at the Aucu project site and commenced drilling. It is targeting mineralisation immediately below that encountered in 2015 in drill hole UGZ15-035 of 8 metres at 55 g/t gold.
While the focus at Aucu is the drill program currently in progress, the discovery of new gold and copper zones by sampling bulldozer road cuttings is an added exploration bonus.
The 150 metre deep hole encountered the zones at depths consistent with high grade gold zones. Assays from this first hole are expected in circa four weeks.
The farm-out to Liontown enables White Cliff to retain a free carried interest in any upside from lithium exploration success while it embarks on a major diamond drilling campaign at the Aucu Gold project, that aims to define a substantial
The commencement of drilling marks the start of a fascinating program with an objective to scale the resource size of the Aucu gold deposit. With the exploration program formally approved and drilling expected throughout the year, constant
The identification of new gold zones from bulldozing roads shows just how exposed and wide the Aucu gold mineralisation is. With the 2016 exploration program formally approved and drilling expected to continue throughout the year, constant
The company has raised $2.64 million in a placement of 440 million new shares at $0.006 per share brokered by Hartleys in Perth as investors warm to the high grade gold potential at the Aucu gold project.
The quest has begun for a million ounces at Aucu with early field exploration underway. Based on last year's success and the drill targets for 2016/17, it is one to watch.
Drilling is set to commence in Q2 2016. Aucu is open along strike for over 3 kilometres and is open at depth of greater than 100 metres to more than 1,000 metres.
Managing director Todd Hibberd said, "this means there is the possibility of a nickel sulphide accumulation in the Coglia ultramafic unit and that makes these results very exciting.”
The largest nugget found weighed 20 grams. Along the 3 kilometre trend, a total 40 ounces of gold has been recovered with the largest nugget weighing 20 grams. WCN's shares should trade higher.
The results follow historical drilling at the prospect within the Merolia project which returned an 8 metre at 24 g/t gold intercept. Exploration will define further drill targets.
After what can only be termed outstanding gold recoveries on samples from the Aucu Gold Deposit, White Cliff will fast track drilling of the high grade and laterally extensive Upper Gold Zone to attempt to define a major resource by the end
White Cliff Minerals has demonstrated its faith in its Aucu gold project in the Kyrgyz Republic by extending its exploration rights at the site as shallow, high-grade gold results multiply and pending metallurgical results promise to reveal
White Cliff Minerals has begun drilling at promising nickel sulphide and gold targets on its Merolia property in Western Australia, including a prospect where historical drilling has encountered 8 metres at 24 g/t gold.
Todd Hibberd, MD, said: “We are very pleased with the final batch of assay results for the Aucu gold project. Drilling has confirmed that high grade gold mineralisation is widespread and occurs in all the four major structural zones i
Drilling has only tested to 100 metres depth, the structure could be mineralised to 500-800 metres deep at Aucu. It extends the high grade upper gold zone to over 1.3 kilometres along strike which is still open in both directions.
Grades of over one ounce per tonne have now been found over the entire 900 metres of the upper gold zone which is still open at depth and along strike.
The Australian All Ordinaries bounded 2.2% to 5,174 points today, with one gold junior marking a significant gain on the back of some extremely encouraging exploration results.
Drilling at Aucu has returned very high grade gold, including one intersection at 95.5 g/t gold. The grades were so high that duplicate testing has been undertaken to confirm the results. Further assays are pending.
News flow for White Cliff will be strong in the near-term, with drilling results expected soon from the Southern gold zone at the company's Aucu gold project in the Kyrgyz Republic.
The ASX All Ordinaries eroded slightly to 5385 points as weak sessions for mining and oil and gas stocks dragged on the index.
White Cliff Minerals Limited shares were trading as much as 50% higher today after the explorer received share applications exceeding A$1.5 million in a heavily oversubscribed share placement plan.
White Cliff Minerals Sydney/Melbourne Investor Luncheon Presentation
White Cliff Minerals has identified a new high-grade gold structure at its Aucu project in the Kyrgyz Republic, with trenching results grading as high as 53.6g/t gold.
White Cliff Minerals has identified mineralised shear zones in all holes after an initial pass of drilling at an exciting prospect of the company’s Aucu gold project in the Kyrgyz Republic.
White Cliff's Aucu project is the epicentre of the famed Tien Shan Gold Belt, which hosts to some of the largest gold mines on the planet.Register today to meet the company. Sydney 20th Oct / Melbourne 21st Oct.
The 2015 drilling program will test each structure in several locations to ascertain the overall scale and tenor of the larger gold bearing mineralised region. The visible gold identified at surface occurs in three separate structures.
White Cliff’s fundraising moves are significant because they allow the company the ability to expand planned drill programs on its projects. Early signs have suggested major potential at Aucu, with gold mineralisation visible at surfa
The oversubscribed share placement will fund further drilling at the Aucu gold prospect, the Merolia nickel and copper project as well as the Ironstone gold project.
Visible gold has now been identified at surface in the Upper Gold Zone, Lower Gold Zone and Southern Gold Zone of the Aucu deposit. Each of these extend over 3,000 metres in length. A fascinating drill program is on the way.
Abundant visible gold has been panned from a rich outcrop at the Southern Gold Zone of the Aucu deposit. This extends the SGZ to at least 2,500 metres, with three major mineral systems providing potential to host a very large gold resource.
Trenching has identified new mineralised zones east of the Aucu gold deposit towards the Chanach copper deposit. The current gold resource looks a strong probability of increasing significantly.
Initial drilling has discovered multiple zones of gold mineralisation in Western Australia. This offers a potential path to monetise any commercial discovery as the project is near existing ore processing infrastructure. Further drilling al
First pass drilling identified anomalous gold zones within 25 kilometres of existing ore processing infrastructure. Assay results are eagerly awaited in early August.
Current share price of White Cliff Minerals? 7/10th of one cent.Share price target White Cliff Minerals? Potentially priceless.
Drilling targets two gold anomalies located just 25 kilometres from the multi-million ounce Granny Smith and Wallaby mines, which have ore processing infrastructure.
Recent activity has identified four new mineralised zones and visible gold at the Aucu project that will boost the number of resource ounces. A magnetic survey is now underway with drilling to start in August.
The detailed ground magnetic survey will delineate the intrusive dioritie porphyries, mineralised structures and cross cutting faults. This will contribute to the finalisation of locations for the reverse circulation and diamond drilling pr
White Cliff Minerals Melbourne/Sydney Investor Luncheon Presentation
Drilling at White Cliff’s Aucu prospect in the Kyrgyz Republic has intersected high grade gold. The company is also fully funded for work in 2015, which includes drilling at its Australian gold and nickel-copper projects. Find out mor
