White Cliff Minerals

First Assay Results from Rae Copper Project Returns High Grade Copper

Hole DAN25003 delivers a 58m @ 3.08% Copper intersection

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce the first assay results from the reverse circulation drilling campaign at the Company’s 100% owned Rae Copper Project in Nunavut, Canada.


HIGHLIGHTS
  • First assay received from maiden drilling campaign at Rae contains high grade copper mineralisation
  • Highlights from DAN25003:
    • 58mtrs @ 3.08% Cu and 13.3g/t Ag from 52m, and
    • Intercept including a high-grade intersection of 18m @ 5.21% Cu and 22.33g/t Ag from 69m.
    • Assay results from the remainder of drilling and field sampling at Danvers are expected over the coming weeks.
  • Pre collar drilling at the Hulk sediment-hosted copper target is well underway, with three (3) holes predrilled down to a depth of ~180mtrs, setting up a quick restart for diamond drilling to commence.

“The commencement of the reporting of drilling assays marks an important inflection point for the Company. All the hard work to date, which includes desktop review of historical showings, field sampling and aerial geophysics has ultimately led us to these results, which pleasingly, we couldn’t have kicked off more strongly.

The first holes at Danvers were all about orienteering and exploration to identify the mineralisation, so therefore, having the first assay produce an intersection of just shy of 60 meters at more than 3% is an outstanding way to kick off the results and reporting. Complementing our remarkable rock chip assays at surface, this assay now provides down hole proof of high-grade copper mineralisation in the system. Whilst incredibly impressive, it is our belief that these results set the scene for what’s to come, because as we saw, based on the field observations - post the early holes, the team on site really dialled in to the geology.

Additionally, progressing pre collar drilling for the upcoming diamond drill campaign at the massive Hulk sedimentary target will provide a significant advantage for our return to Rae with the diamond drills. Predrilling is underway across the Hulk deposit, with holes being drilled to the limit of the RC drilling rig to depths of between 180 and 200 meters, only about 50mtrs above the target horizon for the massive sedimentary hosted copper targets. Utilising this head start, the diamond drills, will quickly and efficiently be into the target horizon”

Troy Whittaker - Managing Director

Figure 1 - White Cliffs Rae Copper Project.

Click here for the full ASX Release

This article includes content from White Cliff Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

WCN:AU
The Conversation (0)
Golden Deeps

Spectacular Copper, Silver 81 Germanium Results Continue at Graceland Critical Metals Prospect, Namibia

42.7% copper, 1,353 g/t silver and 201 g/t germanium in Gossan 1 East Channel Sampling

Golden Deeps Ltd (“Golden Deeps” or “the Company”) (ASX: GED) is pleased to announce further, spectacular copper, silver, zinc and germanium channel sampling results and exceptionally high-grade copper-silver channel sampling intersections from the Company's Graceland Prospect' in the... Keep Reading...
Nine Mile Metals

Nine Mile Metals Closes Oversubscribed Non Flow Through Private Placement

NINE MILE METALS LTD (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") has closed the oversubscribed non-flow-through private placement financing. The company issued 12,142,174 units at a price of 1.5 cents per unit for proceeds of $182,132. The company's flow-through private... Keep Reading...
Yellow hard hat surrounded by Australian flags.

Australia’s Mining and Energy Sector Set to Add 22,000 Jobs by 2030

The Australian Resources and Energy Employer Association (AREEA) has released its 2025 to 2030 Resources and Energy Workforce Forecast, projecting a surge in sector employment as nearly 100 mining and energy developments move ahead.According to the report, 96 projects are “likely to proceed,”... Keep Reading...
Canadian flag waving near Parliament clock tower against a clear blue sky.

Canada's Place in Global Mining: Why it's a Top Jurisdiction for Investors and Companies

For resource investors, geological potential is only one piece of the puzzle. Whether it’s gold, silver, copper, nickel, uranium or any other commodity, the long-term success of a mining project is heavily dependent on jurisdiction. Mining is a capital-intensive, multi-year undertaking, and an... Keep Reading...
Australian flag pinned on a map of Australia.

Australia as a Mining Jurisdiction: Assessing Risk in an Evolving Landscape

Australia has long been recognised as a stable and reliable jurisdiction for mining, a reputation built on its rich history in the sector. However, the industry is now coming to a crossroads. The country's mining sector is facing a shifting regulatory landscape as it contends with trade... Keep Reading...
LKY Doubles Landholding Abutting MP Materials in Mojave Hub

LKY Doubles Landholding Abutting MP Materials in Mojave Hub

Locksley Resources (LKY:AU) has announced LKY Doubles Landholding Abutting MP Materials in Mojave HubDownload the PDF here. Keep Reading...

Latest Press Releases

Related News