White Cliff Minerals

Quarterly Report - Activities for the Quarter Ended 30 September 2023

White Cliff Minerals Ltd (“White Cliff” or “the Company”) is pleased to present its Quarterly Report and Cash Flow Report.


HIGHLIGHTS

  • Appointment of experienced mining executive, Roderick McIllree as Executive Chairman.
  • Sale of Abraxis Mining Pty Ltd for total consideration $200k cash.
  • The transaction is part of an ongoing review of the entire portfolio of projects with further divestments of non-core projects expected over time.
  • The Company is currently assessing several, large projects with compelling metrics in stable and transparent jurisdictions.
  • Cash and cash equivalents of $5.04 million1 as of the end of September 2023.

OPERATIONS

Hines Hill - REE Project

The Hines Hill REE project consists of two adjoining tenements (Figure 1), located in the wheatbelt region, ±200km east of Perth along the Great Eastern Highway. The tenement area of ~576Km2 covers extensive grain growing properties.

Figure 1: Hines Hill REE Project location map in Western Australia, with regional magnetics’ highlighting multiple higher intensity features, with broad general magnetics in many areas.

During the quarter, a follow up aircore drilling program of 88 drill holes has intersected shallow zones up to 2,066ppm TREO (from 16 metres in drillhole HHC066), with mineralisation open in multiple directions (refer to ASX announcement dated 24 July 2023).

Significant results from Phase 2 include:

  • 19m @ 897ppm TREO (203ppm MREO) from 2m (HHC050)
  • 13m @ 802ppm TREO (183ppm MREO) from 6m (HHC062)
  • 6m @ 1,040ppm TREO (240ppm MREO) from 2m (HHC128)
  • 5m @ 2,066ppm TREO (434ppm MREO) from 16m (HHC066)

The drilling completed to date appears to define multiple subparallel north northwest/south southeast trending zones open essentially in these directions. The shallow thicker eastern mineralised area (Figures 2 and 3) tested in the second phase of drilling appears to show a palaeochannel type character with acquisition of accurate topographic data required to confirm. The western mineralised zones (Figure 3) are thinner and more planar in character with a gentle west dip.

Figure 2: Hines Hill area showing focus area of follow up Phase 2 drilling with 88 drill holes to~20 metre depth.

Figure 3: Hines Hill schematic drill section on 6518500mN looking north, which formed the central area of follow up drilling with the 88 drill holes to ~20 metre depth.

Other Project Exploration

Reconnaissance field trips have been undertaken focusing on REE and Lithium mineralisation across the Mineral Fields and Border Exploration projects, as well as at the Company’s Preston River Lithium project, which is located 30km north of the world class Greenbushes Lithium Mine.

These first pass field trips by White Cliff geologists were completed with the aim of getting baseline soil samples and rock chips across prospective geological units. A total of 1,656 soil samples and 78 rock chip samples were taken:

  • Preston River Lithium Project, 271 soil samples and 29 rock chip samples
  • Diemals REE and Lithium Project, 483 soil samples and 20 rock chip samples
  • Barballin REE Project, 187 soil samples and 6 rock chip samples
  • Munbinia REE Project, 694 soil samples and 9 rock chip samples
  • Ashton Hills Project, 21 soil samples and 29 rock chip samples

Samples have been submitted to and registered with ALS Laboratories Perth, and are expected during August. All samples submitted to ALS Laboratories Perth, are for multi-element assay and will be assessed for all commodities.


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)
Digital hexagons overlay construction site with an excavator and cloudy sky in the background.

Ekin Ober on Why AI Could Be Mining’s Most Valuable Tool Yet

For Ekin Ober, bringing generative artificial intelligence (AI) to the critical metals sector through her work at Aethos Labs wasn’t just about technological innovation — it reshaped how she thinks about strategy and sustainability in mining.

Now a principal at Kinterra Capital, Ober applies that broad, cross-disciplinary lens to investment decisions, emphasizing the importance of digital fluency, stakeholder alignment and long-term viability.

Her experience helps her identify operational bottlenecks and social license challenges early — essential in guiding assets like nickel and copper projects from concept to production.

Keep reading...Show less
Stacks of US$100 bills with upward-pointing wooden arrows.

Chris Berry: The West Must Invest in Refinement Now or Fall Further Behind

China’s grip on the battery metals sector has drawn increasing scrutiny in recent years as nations confront growing concerns around supply chain risk and resource security.

Through a blend of domestic output and aggressive overseas investment, particularly in Africa and South America, Chinese companies now command a significant share of upstream supply.

The country is responsible for roughly 60 percent of global rare earths production and controls over 70 percent of cobalt supply through its stakes in mines across the Democratic Republic of Congo.

Keep reading...Show less
Magnifying glass focusing on the Albemarle website logo.

Albemarle's Commitment to Sustainability Shines in New Report

As global demand for critical minerals intensifies, Albemarle (NYSE:ALB) continues to position itself as a global leader not only in lithium production but also in sustainable practices.

In its newly released 2024 sustainability report, titled “Values-Led, Purpose-Driven,” the company underscores its commitment to reducing its environmental footprint across six continents, supporting global supply chains and promoting human rights across operations.

From cutting freshwater intensity at its Chilean operations by 28 percent to procuring 24 percent of its electricity from renewable sources, Albemarle is striving to grow its energy storage business while keeping carbon emissions flat, as it translates ESG goals into action.

Keep reading...Show less
Metallic battery with a world map etched on it, against a dark background.

3 Key Themes from Fastmarkets' 2025 Lithium Supply & Battery Raw Materials Event

Market volatility, Chinese control, supply chain risk mitigation and financing emerged as some of the most prevalent themes at the 2025 Fastmarket’s Lithium Supply Battery Raw Materials (LBRM) conference in Las Vegas.

The event, which is in its 17th year, drew a crowd of roughly 1000 delegates, industry experts and analysts, to discuss the current landscape and future projections of the battery materials sector.

During his opening remarks, Fastmarkets CEO Raju Daswani highlighted the growth and maturation the battery raw materials sector has experienced.

Keep reading...Show less
Metals Australia (ASX:MLS)

Metals Australia


Keep reading...Show less

Latest Press Releases

Related News

×