
January 14, 2025
Drilling Activities for Rae on Target to Commence in March 2025
White Cliff Minerals Limited (“WCN” or the “Company”) is pleased to provide an update on the permitting and operations at its Rae Copper Project, Nunavut (the “Project”). This milestone positions the Company to soon commence maiden drilling activities at the Project, building on the exceptional results of its 2024 maiden campaign, where copper rock chips returned exceptional assays exceeding 60%.
- Class A Land Use Permit granted by the Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC), enabling drilling activities and camp construction at the Project to commence.
- Issuance of the land use permit follows a positive screening decision by the Nunavut Impact Review Board (NIRB) for the Rae Project, and ensures the project meets all regulator and environmental requirements.
- Aurora Geosciences (“Aurora”), experts in northern exploration, geology, and geophysics have been contracted to support the 2025 maiden drilling campaign after their successful engagement during 2024. Aurora has over 40 years of experience operating in the Canadian North.
- The public review period for the Company’s application for a Water Licence at Rae has now closed, with minimal commentary received. The Company anticipates a positive response from the Nunavut Water Board during February.
- Final planning for the 2025 maiden drilling program is well underway, with updates on drill targeting, contractor selection, and mobilisation expected in due course.
“Significant approval inroads were made over the Christmas period, with a positive screening decision provided by the Nunavut Impact Review Board and the subsequent issue of our Class A Land Use Permit from CIRNAC.
Over the coming weeks I’m looking forward to providing updates on our drill targetin,g and award of contracts associated with drilling at the Rae Project. We are now focused on the safe and efficient mobilisation to Rae, for what will be the first drilling campaign in the greater region in a decade.”
Troy Whittaker - Managing Director
Click here for the full ASX Release
This article includes content from White Cliff Minerals Limited, 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.
The Conversation (0)
08 May
Top 5 Canadian Mining Stocks This Week: Highland Critical Minerals Soars 400 Percent
Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On Friday (May 8), Statistics Canada released April’s Labour Force Survey. The data showed that... Keep Reading...
04 May
POSCO Finalizes US$765 Million Deal for Stake in MinRes' Lithium Mines
South Korean steel and battery materials conglomerate POSCO Holdings (NYSE:PKX,KRX:005490) has finalized a US$765 million agreement with Perth-based Mineral Resources (MinRes) (ASX:MIN,OTCPL:MALRF) to acquire a 30 percent stake in two Australian hard-rock lithium mines.POSCO will take a 30... Keep Reading...
25 April
Top 5 Canadian Mining Stocks This Week: Arctic Fox Lithium Jumps 66 Percent
Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released March consumer price index data on Monday (April 20). The data shows a... Keep Reading...
23 April
Top 5 Australian Mining Stocks This Week: Solis Minerals Charges on Brazil Lithium Acquisition
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks listed on the ASX, starting with news in Australia's resource sector.This week’s list highlights companies across a range of commodities, including lithium, phosphate and gold. The top gainer made a... Keep Reading...
23 April
Bridging AI, Energy Storage and Aging Infrastructure
As global energy grids struggle to keep pace with rising demand from data centers and renewable integration, energy optimization firm GridBeyond is positioning software and artificial intelligence (AI) as a key part of the solution.The company develops platforms designed to orchestrate... Keep Reading...
22 April
9 Best-performing Global Lithium Stocks of 2026
Lithium prices have staged a dramatic comeback following a prolonged price slump between early 2023 and late 2025, providing support for global lithium stocks in 2026. Spot battery-grade lithium carbonate prices surged roughly 95 percent between early December 2025 and late January of this year,... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00





