Update on Exploration Programs for Lithium and REE

White Cliff Minerals Limited (White Cliff or the Company) is pleased to provide an update on exploration activities over a large suite of our Western Australian projects (Figure 1), as we ramp up work programs.

HIGHLIGHTS

• The Yinnetharra high resolution magnetic and radiometric survey over the entire 574km2 project area is now completed, with delivery of data expected in ~10 days
  
• Southern Geoscience Consultants (SGC) who are managing the survey will further process and interpret the data, with final product expected in January
• Highly respected mapping geologist, Allan Ronk, has been engaged to review existing exploration datasets, with work on Yinnetharra well underway in advance of final products from the high resolution magnetic and radiometric survey
• Geological field crew arrived on site at Yinnetharra yesterday and are looking at preliminary data produced by Allan Ronk. The areas identified have not previously been visited or sampled.
• SGC have also been engaged to process open file Airborne Electromagnetic (AEM) data that is available at:
  • Yinnetharra Lithium/REE Project (2014 Capricorn TEMPEST)
  • North Kellerberrin and Hines Hill REE Projects (2021 SW Albany AusAEM)
  • Diemals REE and base metal Project (2021 SW Albany AusAEM)
  • Lake Tay REE Project (2021 SW Albany AusAEM)
• Processing of the AEM data aims to define outcrop granites, sand cover and depth of clay profile in searching for Ionic REE Clays, and in areas where there is potential for mafic/ultramafic rocks searching for conductors associated with sulphides. The interpretation report by SGC is expected in 2 weeks
• Diemals REE and base metal Project (covering 2,472km²) geochemical sampling program has just been completed with 1,104 samples to be submitted to ALS Laboratories
  
• Lake Tay REE project (covering ~1,850km2) maiden field program is being planned for later this month.
  • Shallow aircore drilling by Magnetic Resources NL in 2008 intersected a highly magnetic granitoid, with four metre composite samples returning highly anomalous REE results (only assayed for a partial suite - La, Ce, Dy, Er, Y), including (see ASX release dated 24 October 2022):
    • 4m @ 1,012ppm TREO, LTWAC-4, 28-32m
    • 5 holes of >500ppm TREO over 4m (ACLTWAC-4, 10, 17, TSLAC-2, 3, LTPAC-2)

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