- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
White Cliff Minerals Reports Bonanza-grade Silver Discovery at Great Bear Lake
The company said the "truly outstanding" results from the Northwest Territories-based Great Bear Lake project signify a high-grade discovery.
![Silver periodic symbol.](https://investingnews.com/media-library/silver-periodic-symbol.png?id=53559676&width=1200&height=800&quality=80&coordinates=0%2C0%2C0%2C0)
White Cliff Minerals (ASX:WCN) shared that the final batch of assay results from rock chip samples taken during a maiden field program at its Great Bear Lake project have returned bonanza-grade silver.
The asset is located in Canada's Northwest Territories, and is one of White Cliff's two properties in the country.
“Results confirm extraordinary silver grades from epithermal structures and polymetallic results from skarn-style mineralization,” the company said in a Tuesday (August 27) press release.
According to White Cliff, "truly outstanding" results from the Slider area signify a high-grade discovery. The company has expanded the region to a newly defined point of interest that spans at least 1.5 by 1.5 kilometres.
Highlighted results from Slider are as follows:
- 7.54 percent silver (75,439 g/t silver)
- 0.91 percent silver (9,070 g/t silver)
- 5.35 percent silver (53,506 g/t silver)
- 0.71 percent silver (7,100 g/t silver)
- 0.18 percent silver (1,840 g/t silver)
- 0.27 percent silver (2,700 g/t silver)
“Amazingly, the 1.5 x 1.5 km Slider District remains underexplored. Given these results, there is a lot of upside for additional high-grade silver structures to exist,” commented Troy Whittaker, managing director of White Cliff.
He added that the company has now outlined six high-grade copper, gold and silver mineralised districts at Great Bear Lake, pointing to mineralised contents of 42.6 percent copper, 42.2 percent copper, 39.5 percent copper, 38.2 grams per tonne (g/t) gold, 29.7 g/t gold and 716 g/t silver. These have now “potentially been outshone” by the new silver find.
“To reel off, with consistency these results in a maiden campaign from around 15-20% of the overall Great Bear Project Area is great,” Whittaker continued. “If we are able to marry these results and structures up with the recently completed geophysics and prove depth potential, we will be well placed for significant discovery.”
Great Bear Lake is 550 metres along strike from two past-producing mines that produced 34,200,000 ounces of refined silver, and White Cliff confirmed priority targets at the site in May.
“Coming into this campaign, there was a high expectation given what historically had been identified at Great Bear. Pleasingly, we have not only exceeded those historical high-grade assay results, but we have also extended mineralisation in all directions and in some cases into the kilometres as districts are identified," said Whittaker.
In addition to its Canadian assets, White Cliff has four properties in Australia, including the Reedy South gold project, which has a JORC-compliant resource of 42,000 ounces of gold.
Don’t forget to follow us @INN_Australia for real-time news updates!
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.
Gabbie graduated with a journalism degree from Colegio de San Juan de Letran - Manila and has produced articles on a variety of topics, such as infrastructure, business and technology. Her creative portfolio includes written work on architecture, art and design. Gabbie covers the Australian market for the Investing News Network, focusing on the mining sector. When not in front of her desk, she is out scanning through vinyl records, exploring the international coffee culture and fighting for queer rights
Learn about our editorial policies.