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White Cliff Minerals Ltd.
Summary
| Project: | Coglia Well | |
|---|---|---|
| Deposit: | Coglia Well | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt | |
| Date: | 6/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-6-2018: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Coglia Well deposit at the Coglia Well project. Drilling results incl. 17m @ 0.11% Co, 1.01% Ni from 78m. White Cliff Minerals Limited (“White Cliff” or the “Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Todd Hibberd (Internal) | |
| ABSTRACT: | White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to provide an update on exploration drilling conducted at its 100%-owned Coglia Well cobalt-nickel project near Laverton in the Western Australian goldfields. The Company has received further assay results. However, significant cobalt-nickel mineralisation has been identified in several consecutive holes extending across a width of 800 metres (section line 6,790,800 North), with assay results including: Several holes ended in cobalt-nickel mineralisation but drilling did not consistently penetrate the silica layer immediately above the main cobalt-nickel mineralised zone. The silica layer was too hard for air core drilling equipment to penetrate so some holes did not penetrate to the deeper parts of the mineralised zone that occurs from 75-100 metres deep. Future drilling programs will require a reverse circulation drill rig. Further assay results are due shortly for the southern two lines that if mineralised will confirm the grade and scale of the cobalt and nickel mineralisation identified in previous drilling. The Company will then commence metallurgical test work to evaluate processing methods and economics. White Cliff Managing Director Todd Hibberd said: “The second batch of assay results from the Coglia cobalt project has identified more cobalt and nickel mineralisation that is 10-20 metre thick and up to 1000 metres wide. The width and thickness of the mineralised layer is very encouraging considering these results are 3 kilometres north of the previously released results suggesting that the deposit has good length continuity. Interestingly, the results are associated with copper anomalies suggesting that there may be a sulphide component to the mineralisation. | |
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