For thousands of other reports visit RSC's Mineral Intellingence Map
White Cliff Minerals Ltd.
Summary
| Project: | Aucu | |
|---|---|---|
| Deposit: | Quartz zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold-Copper | |
| Date: | 12/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2016: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Quartz zone deposit at the Aucu project. Drilling results incl. 12m @ 15.6g/t Au from 82m. White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleas | |
| 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 that more substantial gold and copper mineralisation has been identified in new drilling at the Quartz Zone within the Aucu Gold project. Drill hole ERC16-36 has intersected bonanza gold mineralisation both within the quartz reef and in the surrounding alteration halo (Figure 1). Assay results include 2 metre at 79.2 g/t gold within 12 metres at 15.6 g/t gold and 12 metres at 0.81% copper. These results are directly below results intersected in drill hole ERC16-35 of 1 metre at 149 g/t gold within 11 metres at 15.2 g/t gold (Figure 2). Managing Director Todd Hibberd commented that “The ongoing exceptional gold assay results from the Quartz Zone demonstrate just how remarkable the Aucu gold project really is. The current results are spectacular and continue to extend the scale of the mineralisation. How often can you find a gold deposit with visible gold in quartz veins at surface that is backed up by 11 metres at 15.2 g/t from 42 metres depth and below that another amazing intersection of 12 metres at 15.6 g/t from 82 metres? In addition the deposit has clean metallurgy, high recoveries and simple processing options that lend themselves to a low cost high margin mining operation.” The high grade results intersected in in drill holes ERC16-34, ERC16-35,ERC16-36 and ERC16-38 extend the quartz zone a further 75 metres southeast of the initial drill line which identified exceptional mineralisation from surface to 65 metres depth while remaining open at depth (Table 1). Drill defined gold mineralisation has been identified along the quartz reef over a distance of 185 metres. Mineralised outcrop containing visible gold extends along the exposed quartz reef over a distance of 243 metres (Figure 1). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report