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White Cliff Minerals Ltd.
Summary
| Project: | Coronation Dam | |
|---|---|---|
| Deposit: | Coronation Dam | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt | |
| Date: | 7/25/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-7-2018: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Coronation Dam deposit at the Coronation Dam project. Drilling results incl. 40m @ 0.11% Co, 1.04% Ni from 16m. 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 initial 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. Initial drilling results are from one of the first cross sections drilled in the central part of the deposit to confirm the historical drilling results. Extensive cobalt mineralisation was identified from surface, extends up to a depth of 65 metres and is approximately 550 metres wide. The orebody dips at a shallow angle to the west. Better results include: The 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 . Drilling was conducted on a 100 metre by 100 metre grid with extensions on a 200 by 100 metre grid. Once all assay results have been received the Company will undertake metallurgical testing to further advance the development of this project White Cliff Managing Director Todd Hibberd said: “Initial assays at Coronation Dam validate the historical drilling and demonstrate the high grade nature of the mineralisation. We were surprised at the 550 metres wide zone of cobalt mineralisation and at the thickness of some of the intervals which are better than anticipated. Further assay results should be available shortly and on receipt of the final drilling results the Company will be in a position to select samples for metallurgical testing” | |
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