White Cliff Minerals Limited (ASX: WCN) has advised that applications lodged to the Northwest Territories (NWT) Mining Recorder Office over the Radium Point exploration areas have now been granted.
The Radium Point Project area has been identified by the NWT Geoscience Office as having the highest potential for large scale iron oxide copper gold & uranium style mineralization in Canada.
“We are now finalizing contractor selection and anticipate commencing exploration activities in Q2 2024. The Radium point programme will run in close collaboration with planned work at Coppermine, the company’s recently granted district scale copper project,” said White Cliff chairman, Roderick McIllree.
“While focus will move to finalizing operational aspects of the upcoming exploration programme the company will also continue to work closely with local communities, indigenous groups, and other stakeholders to ensure activities align with community expectations and these considerations are actively integrated into all activities.”
Highlights of the Radium Point Project area include the Eldorado mine (was Canadas largest uranium mine between 1930-1960), which had historical production within the project area totaling 3.7Mlbs U3O8, 34.2Moz refined Ag, 11.4Mlbs of Cu with gold credits, 104Kkg Pb, 127Kkg Ni, and 227Kkg Co.
Mineral exploration in the region has been minimal since uranium production ceased in the 1960s and silver and copper mining halted in the early 1980s. White Cliff is now the single largest holder of mineral exploration claims and licenses in the Northwest Territories.
Work will focus on former mined areas for extensions to previously exploited mineral bodies as well as known outcropping prospects throughout the license area through air and ground geophysics, rock chip sampling on previously identified outcropping high-grade uranium mineralization, and confirmation testing of larger geochemically anomalous areas throughout the broader project area in preparation for drilling.
This approval marks another major step in the permitting process and allows the company to now appoint contractors for 2024 exploration activities and complete the logistical planning phase.
For further information, please visit: www.wcminerals.com.au
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