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White Cliff Minerals Ltd.
Summary
| Project: | Aucu | |
|---|---|---|
| Deposit: | Aucu | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold-Copper | |
| Date: | 11/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 28-11-2017: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Aucu deposit at the Aucu project. Drilling results incl. 17.5m @ 1.51ppm Au, 1.88% Cu from 45.5m. PERTH, WESTERN AUSTRALIA – White Cliff Minerals Limited (ASX: W | |
| Resources: | (Resource, Inf.): 1.8Mt @ 5.2g/t Au for 302Koz Au contained at Aucu | |
| CP/QP: | [Overall Report]: Todd Hibberd (Internal) | |
| ABSTRACT: | PERTH, WESTERN AUSTRALIA – White Cliff Minerals Limited (ASX: WCN) (“White Cliff” or the “Company”) is pleased to provide an update on drilling activities at its 90%-owned Aucu Gold Deposit in North-west Kyrgyz Republic where it is drilling to increase the current high grade gold and copper JORC compliant resource. Further drilling at the Quartz Zone during the December quarter has intersected substantial gold and copper mineralisation including 17.5 metres at 1.5 g/t gold and 1.9% copper. Within this interval the central quartz zone contained 8.5 metres at 3 g/t gold and 3% copper with a core zone of 1.8 metres at 6 g/t gold and 8.9% copper. In addition drilling at depth north of the main quartz zone has intersected 2.1 metres at 3.2 g/t gold and 1.9% copper from 197.8 metres while shallow drilling intersected 12 metres at 0.54 g/t gold and 0.46% copper from 44 metres (Figure 2). Two holes completed in the copper porphyry zone intersected 1 metre at 0.89 g/t gold, 20 metres at 0.41% copper, 12 metres at 0.35% copper and 10 metres at 0.30% copper with some single metre grades up to 0.62% copper. Mineralisation occurs as malachite, azurite (copper oxides), chalcopyrite and chalcocite (copper sulphides). This announcement reports the results from five completed drill-holes, three from the quartz zone and two from the copper porphyry zone. To date, 45 drill-holes for 5,780 metres have been completed during 2017. The Company is waiting on assay results from a further 12 holes (~1600 samples), while it is currently drilling the final two holes for the 2017 season | |
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