WCN 5.56% 1.7¢ white cliff minerals limited

food for thought

  1. 1,604 Posts.
    Interesting that in conversation with todd that the PGE geochem results were outstandind in the southern 4 targets in the upcoming drilling. This is a very strong exploration indicator and cannot be overlooked infact it was one of the main indicators besides geophysics on the maggie hays discovery. In essense it indicates where the sulphides meet the magmatic volcanic feeder (more on that below).

    So what do we Have? southern region IMO is the bees knees

    Basal contact-Good-on all 4 southern targets

    Strong EM- better- on all 4 southern targets

    Stong NI/CU geochem- Excellent- On all 4 souther targets

    Strong PGE geochem- Excellent- on or adjacent to all four targets in southern region.

    This one is not to base your research on but todd elluded twice as ive mentioned before that two of the southern targets are very geologically indicative of succes and cant believe Lion ore missed them as they finished exploration prematurely and that area was on the cards.

    2x out of four targets are on what is belived to be the magmatic volcanic feeder for the CUU which feeds the maggie hays deposit.

    Just to clarify the 1.7% Ni for 6m in the presentation was just north of these current drill targets.

    There is certainly more nickel accumalations in lake johnstone greenbelt with only two discoveries and tremendous upside which has come directly from a multinational company offloading tennements to focus on a discovery.

    Some holders are very misunderstood on here and the register and the general investment communities knowledge are not where they should be on this one its a great stock and needs to be understood alot better. If some are willing to throw millions at other nickel plays with MC's of 30 million and nothing more then we would have for goodness sake some are not even in known areas and no exploration planned its crazy. Just remember people this little company is only 3 mil MC fully dilluted at the moment which doesent ever represent a portion of its speculative and physical value.


    Below is some reading on the discovery of lion ores maggie hays find 30km down the road and at the time formed part of the current tenement package we now hold. Just remember this was a blind discovery with some distinct characteristics.

 
watchlist Created with Sketch. Add WCN (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $27.69M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $3.644K 214.3K

Buyers (Bids)

No. Vol. Price($)
8 3899999 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 558000 3
View Market Depth
Last trade - 10.08am 29/07/2024 (20 minute delay) ?
WCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.