White Cliff Minerals Limited (ASX: WCN) has announced newly expanded licences covering adjacent high- grade Nunavut copper, silver, and gold targets which have only recently been opened to application. These new targets enhance the company’s overall strategic landholding and completes the original staking strategy.
Troy Whittaker, Managing Director, commented, “The company is very pleased to have finally secured these additional two priority areas and concludes our strategy of acquiring the landholdings we wanted. These new licences are testament to the teams’ hard work and commitment to deliver for all shareholders.”
These new granted licences cover several significant areas of anomalous Cu-Ag-Au:
• The Halo project, a highly prospective outcropping occurrence of Cu-Ag-Au. Previous drilling at Halo includes up to 4.7m @ 10.47% Cu, with mineralization that remains open in all directions. This new area connects to the southern extension of the HALO system and compliments existing WCN tenure
• The Pat prospect includes numerous >40% Cu (above detection limit) rock chip samples across multiple veins
White Cliff has stated that these new areas will fit seamlessly into its upcoming exploration activities given the new ground is adjacent to existing granted licences.
Additionally, the company also has in application, and subject to regulatory approval, tenure that covers several other new targets:
• Lloyd: a quartz-chalcocite vein that was returned assay results of up to 2% Cu over ~3,600ft with a cross section of between eight and 20ft wide
• Larry: 1952 channel samples returned up to 8.03% Cu over 13.6ft
• Jack: Rock chip samples up to 45.4% Cu and 60g/t Ag from surface
“We are only a matter of weeks away from ‘boots on the ground’ at Nunavut for the start of the inaugural field campaign and heli-mounted MobileMT survey, the latest technology for the collection of magnetic and conductivity data targeting both high-grade volcanic hosted copper-silver mineralization and high-tonnage potential sedimentary hosted copper prospects.” Added Whittaker.
To find out more, please visit www.wcminerals.com.au
To read more articles like this, please visit www.theassay.com/news
