White Cliff Minerals Ltd.: Third Major Gold Anomaly Identified at WA Gold Project
Key Points:
- High grade gold in soil anomaly identified at Burtville Prospect
-- Peak anomaly > 42,100 ppb gold or 42.1 g/t gold at surface
-- 250m by 185 metres > 25 ppb
The soil anomaly occurs at surface and extends over 250 by 185 metre area in a roughly NNW orientation. The maximum gold values are 42,100 ppb (42.1 g/t) and 886 ppb (0.88 g/t gold) which occur adjacent to the edge of mullock dumps or ore stockpiles. There is also a large anomalous zone +100 ppb extending 150 by 75 metres and an outer halo of 250 by 185 metres of +25 ppb gold values.
Managing Director Todd Hibberd commented that "The Merolia soil geochemical sampling program keeps delivering substantial gold in soil anomalies and the Burtville East gold anomaly is even better that the recently announced anomalies at Ironstone and Comet Well. We now have two bullseye anomalies to drill test as well as the 2.7 kilometres long Comet Well anomaly. Further work will focus on preparing the required approvals for drilling for late 2016 or early in 2017.
Burtville East
The Burtville anomaly occurs immediately around historical workings that consist of two shafts and several mullock or ore dumps. The historical workings targeted quartz veins within strongly foliated basalts. Historical drilling intersected substantial mineralisation including 5 metres at 33 g/t gold, 2 metres at 6.65 g/t gold and 3 metres at 5.3 g/t gold.
The historical drilling indicates that the quartz vein is striking NNE and dipping steeply NW but further drilling 40 metres north and south did not locate any additional mineralisation. The recorded orientation is not consistent with the local geology or with the general orientation of the surface gold anomaly and Company geologists suspect that a more likely quartz vein orientation is NNW trending with the regional geology. If this is the case, there most of the drilling missed the quartz vein.
Further Work
The grade of the soil samples adjacent to the mullock dumps suggests that these could actually be ore stockpiles. The Company will conduct further sampling of the stockpiles and accurately establish the location and depth of the two shafts and any remaining drill collars. The Company is currently preparing the required approvals so that drilling can be undertaken in late 2016 or early 2017.
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About White Cliff Minerals Ltd
White Cliff Minerals Limited (ASX:WCN) is a Western Australian based exploration company with the following projects:
Chanach Copper-Gold Project (89%): The Project contains extensive porphyry related gold and copper mineralisation starting at the surface and extending over several kilometres. Drilling during 2014 has defined a major gold discovery with an initial inferred resource of 1.15Mt at 4.2 g/t containing 156,000 ounces of gold Drilling has also defined a significant copper deposit at surface consisting of 10Mt at 0.41% copper containing 40,000 tonnes of copper. Drilling in 2015 identified extensions of the known mineralisation over an additional 900 metres of strike with multiple intersections greater than 1 ounce per tonne (31.1 g/t) gold. Extensive mineralisation occurs around both deposits demonstrating significant expansion potential. The project is located in the Kyrgyz Republic, 350km west-southwest of the capital city of Bishkek and covers 83 square kilometres. The Chanach project is located in the western part of the Tien Shan Belt, a highly mineralised zone that extending for over 2,500 km, from western Uzbekistan, through Tajikistan, Kyrgyz Republic and southern Kazakhstan to western China.
Merolia Project (100%): The project consists of 771 square kilometres of the Merolia Greenstone belt and contains extensive ultramafic sequences including the Diorite Hill layered ultramafic complex, the Rotorua ultramafic complex, the Coglia ultramafic complex and a 51 kilometre long zone of extrusive ultramafic lava’s. The Intrusive complexes are prospective for nickel-copper sulphide accumulations possibly with platinum group elements, and the extrusive ultramafic rocks are prospective for nickel sulphide and nickel-cobalt accumulations. The project also contains extensive basalt sequences that are prospective for gold mineralisation including the Ironstone prospect where historical drilling has identified 24m at 8.6g/t gold.
Bremer Range (100%): The project covers over 127 square kilometres in the Lake Johnson Greenstone Belt, which contains the Emily Ann and Maggie Hayes nickel sulphide deposits. These mines have a total resource of approximately 140,000 tonnes of contained nickel. The project area has excellent prospectivity for both komatiite associated nickel sulphides and amphibolite facies high-grade gold mineralisation.
Laverton Gold Project (100%): The project consists of 136 square kilometres of tenement applications in the Laverton Greenstone belt. The core prospects are Dacian and Jupiter North located 20km southwest of Laverton in the core of the structurally complex Laverton Tectonic zone immediately north of the Granny Smith Gold Mine (3 MOz) and 7 kilometres north of the Wallaby Gold Mine (7MOz).
Contact
White Cliff Minerals Limited
Todd Hibberd, Managing Director
T: +61-8-9321-2233
www.wcminerals.com.au