WCN 0.00% 1.7¢ white cliff minerals limited

Highlights  New Camp Gold Zone (CGZ) delivers high grade gold...

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    Highlights

    New Camp Gold Zone (CGZ) delivers high grade gold drill intersection: o 9 metres at 6.83 g/t gold from 29 metres

    New Eastern Gold Zone (EGZ) drill intersections deliver: o 3 metres at 4.33 g/t gold from 3 metres o 3 metres at 6.97 g/t gold from 45 metres o 3 metres at 3.86 g/t gold from 84 metres 

    Upper Gold Zone (UGZ) drill intersections deliver: o 3 metres at 5.34 g/t gold from 26 metres o 1 metre at 9.82 g/t gold from 108 metres o 2 metres at 3 g/t gold from 7 metres o 1 metre at 3.86 g/t gold from 147 metres

    All mineralised shear zones remain open in both directions and at depth White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report that the final assay results from the 2015 RC drilling program continued to deliver high grade gold mineralisation. Drill-hole CGZ 15-01, targeting the newly discovered Camp Gold Zone (CGZ) intersected 9 metres at 6.83g/t gold, confirming a completely new mineralised system that was initially identified from trenching results of 3 metres at 23.8 g/t gold. Drill-hole EGZ 15-05 targeting the newly discovered Eastern Gold Zone (EGZ) intersected 3 metres at 6.97 g/t gold, 3 metres at 4.33 g/t gold and an additional 3 metres at 3.56 g/t gold. Drill-hole UGZ 15-18b targeting the Upper Gold Zone UGZ) intersected 3 metres at 5.34 g/t gold, 1 metre at 9.82 g/t gold and an additional 3 metres at 1.66 g/t gold, while drill-hole UGZ 15-18a intersected 2 metres at 3 g/t gold. The remaining drill holes delivered additional gold intersections that are detailed in Table 1.


    Managing Director Todd Hibberd commented that, “We are very pleased with the final batch of assay results for the Aucu gold project. Drilling has confirmed that high grade gold mineralisation is widespread and occurs in all the four major structural zones identified to date. In some zones the gold grades are exceptional with wide intersections at +1 Oz/tonne gold”.
    “The 2015 drill program was designed to demonstrate that high grade gold mineralisation occurs over extensive distances in the major structures and to confirm economic mineralisation in newly discovered structures. We believe the drilling has been exceptionally successful. A major resource definition drilling program will be planned for 2016 with the objective to define a major gold resource at surface and within open pit design parameters”.
 
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