White Cliff Minerals (ASX:WCN | OTCQB:WCMLF) has announced additional assay results from the current reverse circulation drilling programme at the Company’s 100% owned Rae Copper Project in Nunavut, Canada. The results continue to confirm the shallow-high-grade copper mineralization previously confirmed at the Danvers prospect.
Some of the key highlights from the latest results come from DAN25005:
90m @ 4% Cu & 7.5g/t silver (Ag) from surface, including:
- A high-grade intercept of 18m @ 6.5% Cu & 11.4g/t Ag from 26m
- 1.52m @ 19.45% Cu and 34.1g/t Ag from 30m
- A further high-grade intercept of 14m @ 7.7% Cu and 16.2g/t Ag from 61m
DAN25005 was intended to test the thickness of the mineralization. Drilling was completed towards the southeast, perpendicular to the strike of the copper-rich breccias. The assay results also confirm the continuation of high-grade mineralization which was observed in DAN25003/004 to the southwest, and DAN25001 to the northeast.
Looking at other results, DAN25006 returned 56m of visible sulphide mineralization and tests the down-dip extension of hole DAN25005. Those assays, along with DAN25007 are due in the coming week.
Troy Whittaker, Managing Director of White Cliff Minerals commented on the results, “Danvers continues to just get better and better with each assay we receive. Not only are these high-grade results, once again, from surface but we have now dialled in on high grade zones. We look forward to the next set of results as well as returning shortly to continue to drill this mineralisation out as we step out along the NE-SW 9.5km faulted structure. We are confident of a material maiden exploration target being delivered at Danvers following completion of the next round of drilling. We now know, as we had hoped, that Danvers has, what appears to be an extensive high-grade core which should add tremendously to overall economics. This hole, like hole 8, carries huge significance. Hole 8 was designed to test the depth of mineralisation with the last metre ending in 4% copper and Hole 5 designed to test the width. These two holes alone confirm significant continuity and grade across a large copper rich breccia vein that at a 3-4% average starts to put real substance into not just Danvers but all other vein hoisted breccias on our ground.”
The company also notes that following the recent capital raise of $14.4M, they are fully funded for the current drill programme at the Rae Copper Project through 2025.
To find out more, please visit https://wcminerals.com.au/
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