Quarterly Activities and Cashflow Report for the quarter ended 31 December 2024

White Cliff Minerals Limited (“WCN” or the “Company”) has announced Quarterly Activities and Cashflow Report for the quarter ended 31 December 2024.

HIGHLIGHTS

• Acquired the granted exploration licence L-2797 (“License”) which lies within the broader Rae Copper region, Nunavut, Canada and covers the historical Danvers copper deposit (“Danvers”). Acquisition of this licence bolsters the already impressive and prospective Rae Copper Project portfolio.
• Heli supported maiden field sampling and reconnaissance programme that focused on priority areas close to existing and established infrastructure at Rae and Great Bear projects delivers extraordinary rock chip assay results across both.
• During of the quarter, the Company successfully raised $5m (before costs) cornerstoned by the Company’s strategic advisor, Mr John Hancock, at a premium ($0.025) of 8.5% to the preceding 15-day VWAP.
• Post quarter end, the Company received approvals from the Nunavut Impact Review Board, its Class A Land Use Permit granted by the Crown-Indigenous Relations and Northern Affairs, and Class B Water Licence from the Nunavut Water Board. Receipt of these approvals provides the Company with all required permits for its maiden drilling program scheduled to commence in March 2025.
• Aurora Geosciences, experts in northern exploration, geology, and geophysics have been contracted to support the maiden drilling campaign at Rae in March 2025.

Danvers Copper Deposit

• Highlights from the 1960’s resource drilling included:
  • 39.40m @ 4.9% Cu from 60.3m (S-57)
  • 47.10m @ 3.2% Cu from 42.2m (S-24)
  • 35.40m @ 3.2% Cu from 21.0m (S-21)
  • 27.5m @ 4.0% Cu from 76.7m (S-63)
  • 38.1m @ 2.8% Cu from 63.4m (S-73)
  • 31.4m @ 3.3% Cu from 15.2m (S-20)
  • 44.8m @ 2.2% Cu from 55.8m (S-18)
• Follow up drilling in 2003 & 2005 focused mainly on expanding the known mineralised envelope which starts at surface and has dimensions of approximately 550m(L) x 200m(W) x 150m(D). Results confirmed mineralisation remains open in all directions presenting potential for further exploration success, highlights include:
  • 72.70m @ 1.6% Cu from 27m (2003-47-2)
  • 56.39m @ 1.5% Cu from 47m (2003-47-1)
  • 98.05m @ 0.9% Cu from 66m (2003-47-3)
  • 52.88m @ 1.2% Cu from 177m (2005-47-7)
• The previously reported work and studies undertaken on the Licence will be verified by the Company as quickly as reasonably possible, with proposed work focused on drilling being planned for 2025.

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