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Transaction Announcement Reports
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Project: | Coronation Dam | |
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Deposit: | Coronation Dam | |
Location: | Australia | |
Commodities: | Nickel-Cobalt | |
Date: | 11/19/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 19-11-2018: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Coronation Dam deposit at the Coronation Dam project. Drilling results incl. 40m @ 0.22% Co, 1.75% Ni from 8m. White Cliff Minerals Limited (“White Cliff” or the | |
Resources: | x | |
CP/QP: | [Overall Report]: Todd Hibberd (Internal) | |
ABSTRACT: | White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report new assays from a 5,000 metre RC drilling campaign completed at its 100% owned Coronation Dam cobalt project 90km Southeast of Glencore’s Murrin Murrin Nickel refinery in Western Australia’s north-eastern goldfields. Drilling results are from the four cross sections drilled either side of the sections previously reported and extent the high grade mineralisation to over 600 metres long, 400 metres wide and up to 56 metres thick (average 20 metres). Mineralisation has developed in the regolith profile above an intensely weathered ultramafic unit which was originally a peridotite. The peridotite is approximately 1 kilometre wide and 5.7 kilometres long within the mining tenement which covers 16km2 . Results include White Cliff Managing Director Todd Hibberd said: “Further assays at Coronation Dam continue to demonstrate the high grade nature of the cobalt mineralisation. The mineralised zone is now over 600 metres long, 400 metres wide and up to 56 metres thick (average 20 metres). Further assay results should be available shortly and on receipt of the final drilling results the Company will be in a position to complete a geological and mineralisation model and to select samples for metallurgical testing”. | |
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