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White Cliff Minerals Ltd.
Summary
| Project: | Channach | |
|---|---|---|
| Deposit: | Aucu | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold-Copper | |
| Date: | 9/27/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-9-2016: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Aucu deposit at the Channach project. Drilling results incl. 3m @ 14.3g/t Au. White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report a | |
| Resources: | (Resource, Inf.): 1.15Mt @ 4.2g/t Au for 156000oz Au contained at Aucu | |
| CP/QP: | [Overall Report]: Todd Hibberd (Internal) | |
| ABSTRACT: | White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report additional visible gold intersections from recent drill holes at Quartz Zone and the Eastern Gold Zone within the Aucu Gold project. Visible gold was panned from interval 13-14 metres in drill hole ERC16-31 which was drilled adjacent to the outcropping quartz vein containing visible gold at the eastern end of the upper gold zone (reported in ASX Release 29-08-2016). Drill assays included 1 metre at 25.6 g/t gold within 3 metres at 9.8 g/t gold. In addition, visible gold has also been panned from drill hole ERC16-32 which intersected the mineralised quartz vein at interval 34-35 metres depth on the same drill line. Drill assays included 1 metre at 41 g/t gold within 3 metres at 14.3 g/t gold. The Quartz Zone occurs at the eastern end of the Eastern Gold Zone adjacent to the main porphyry intrusion. High grade gold mineralisation is largely confined to the quartz reef which ranges from 1-3 metres wide and can be traced at surface over 150 metres length. Visible gold has been panned from the quartz reef in four road cuttings covering 120 metres length (Figures 2 & 3). The quartz reef extends north-west and interpreted to be the same reef encountered in drill hole UGZ15-35 which intersected 8 metres at 55 g/t gold. Drilling has confirmed that the quartz reef is sub-vertical and has an orientation of 320 degrees and interpretation of magnetic data suggests that it has a total length of 450-510 metres. The quartz reef is offset by a major fault at the northwest end and by a porphyry intrusion at the southeast end (figure 1). Further drilling is required to establish the location of extensions to the reef. | |
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