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White Cliff Minerals Ltd.
Summary
| Project: | Aucu | |
|---|---|---|
| Deposit: | Quartz zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold-Copper | |
| Date: | 11/22/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-11-2016: White Cliff Minerals Ltd. announces an Exploration/Drilling Update report for its Quartz zone deposit at the Aucu project. Drilling results incl. 11m @ 15.2g/t Au from 42m. 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 substantial gold and copper mineralisation has been identified in new RC drill holes at the Quartz Zone within the Aucu Gold project. Drill hole ERC16-35 has intersected remarkable gold mineralisation both within the quartz reef and in the surrounding alteration halo (Figure 1). The new mineralised zones intersected in drill holes ERC16-34 and ERC16-35 extend the quartz zone a further 50 metres southeast of the initial drill line which identified exceptional mineralisation from surface to 65 metres depth while remaining open at depth (Table 1). Assays for the third drill hole on the section ERC16-036 will soon be available. 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). In addition to the above results, drilling has been completed at a further two sections (sections 2970 and 2920) where the mineralised quartz vein has been intersected. The final holes to be drilled this year will be on section 2920 at the south-eastern end of the Quartz Zone. The Quartz Zone outcrops at surface in all road cuttings completed and visible gold has been identified in rock samples at surface in all road cuttings over an elevation range of 140 metres and surface distance of 243 metres to date (see Figure 1 – visible gold marked with a star). Managing Director Todd Hibberd commented that “The exceptional gold assays confirm the visible gold panned from the quartz reef at surface. We have high expectations that drilling will continue to deliver more substantial gold intersections at depth and along strike. The Company will endeavour to complete as much drilling as possible before autumn weather conditions make drilling too difficult to continue.” | |
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