White Cliff Minerals

Replacement Ann - Federal Licences Granted at Radium Point

Drilling Completed at Reedy South Project

White Cliff Minerals Limited (“the Company”) (ASX: WCN) is pleased to provide an update on its Radium Point Uranium-Copper-Gold-Silver Project and Reedy South Gold Project.


Highlights

  • White Cliff has been granted all federal licences for its Radium Point Uranium-Copper-Gold- Silver Project: All the remaining exploration licences (2,813km2) have now been granted at Radium Point project, situated on Great Bear Lake in the Canada’s Northwest Territories, following approvals by the Government of Canada.
  • The Company has completed drilling at the Reedy South Gold Project: Exploratory drilling has been wrapped up at White Cliff’s 100%-owned Reedy South Gold Project in the Cue Goldfields region of Western Australia. The program was designed to test strike and depth-extensions to the existing inferred 2012 JORC mineral resource estimate of 42,400 ounces of gold1. All samples are now undergoing assaying at Perth laboratories.
  • A geochemical campaign is nearing completion at Lake Tay (Johnston) Gold-Lithium Project and Diemals Gold-Copper-Lithium-Nickel Project: White Cliff is undertaking a targeted soils and bedrock sampling program across the largely unexplored and emerging mineral province of Lake Johnston in WA, with the Company’s exploration effort currently nearing completion.

Commenting on the update, White Cliff, Managing Director - Troy Whittaker said:

“Having these final federal licences granted at Radium Point is the last phase of our application process and the milestone where we now fully transform from applications under assessment to exploration- ready at our multi-metal project in Canada.

“Significant preparatory works are now either complete or underway for the upcoming summer field season in Canada where we are excited to deploy our teams on-ground.

“Our initial focus at Radium Point and Nunavut projects in Canada will be infield rock chip sampling, reconnaissance, and the airborne MobileMT geophysical survey which will then be followed up by our maiden drilling campaign which we very much look forward to.

“Our focus at Reedy South in Western Australia was to identify potential expansions to the known JORC resource. With this campaign now concluded and those assays at the laboratory, we look forward to the results.”


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.

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