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White Cliff Minerals Ltd.
Summary
| Project: | Aucu | |
|---|---|---|
| Deposit: | Quartz zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold-Copper | |
| Date: | 10/10/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-10-2016: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Quartz zone deposit at the Aucu project. Drilling results incl. 9m @ 8.3g/t Au from 98m. White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased | |
| 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 within the Aucu Gold project. Drill hole ERC16-33 drilled under ERC16-31 and ERC16-32 has intersected substantial gold and copper mineralisation both within the quartz reef and in a second parallel quartz reef and alteration halo (figure 1). Assay results include 1 metre at 41.3 g/t gold within 4 metres at 12 g/t gold. Managing Director Todd Hibberd commented that “The assay results reflect the identification of native gold in both outcrop and in drilling samples. The quartz reef appears the host high grade gold mineralisation surrounded by an alteration halo containing substantial copper. Quartz outcrops containing native gold occur in every road cutting completed at the Quartz Zone to date.” 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 210 metres length. Visible gold has been panned from the quartz reef in five road cuttings covering 150 metres length (Figures 1 & 2). 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 (Figure 1). 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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