White Cliff (ASX:WCN) advances on Yinnetharra promise

White Cliff (ASX:WCN) advances on Yinnetharra promise

November 7, 2022 0 By Rueben Hale

White Cliff Minerals rock chips and unchartered soils have returned high REE anomalies at its Yinnetharra REE/Li project northeast of Gascoyne Junction in Western Australia.

The exploration just 85km south of Hastings Rare Earths (ASX:HAS) world-class Yangibana rare earths project returned up to 924ppm TREO.

Screenshot 2022 11 07 100033

Yinnetharra (WCN 100%) REE/Li project. Kingfisher Mining to the south and contiguous to Wabli
Creek E29/2629, with Dreadnought Resources Limited and Hasting Technology Metals Limited to the north.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Company White plans to use the data to advance its lithium and rare earth element
project portfolio.

“Our knowledge of Yinnetharra continues to grow and with the imminent start of a high resolution magnetic and radiometric survey at 50 metre spaced lines, we will have a superior layer of data to work off, compared to the 400m regional data we have been using while waiting for mustering to end,” Technical Director Ed Mead said.

“The geochemical and rock chip data we have gleaned from the Yinnetharra project over the last few months will assist with the interpretation and refined target generation phase.

“The speed of assay return has continued to be challenging, and this has slowed our reporting
to shareholders.
“I look forward to getting back on the ground at Yinnetharra in the next few weeks
and hope to further unlock the area as we narrow down the primary source of
mineralisation.
“We are also progressing Hines Hill with a program of works (PoW) due shortly,
with further geochemical sampling at Hines Hill and a maiden program at North
Kellerberrin underway.

We are assessing Lake Tay with acquisition of available GIS and geophysical data, and will also be undertaking a geochemical program at Diemals.”

Next Steps

A high-resolution magnetic and radiometric (50m spacing) survey will start shortly, forming the basis for the next field trip later this month.

Price Action

The Company’s ASX-listed shares have risen 5.56 per cent to 1.9c in morning trade.

About Yinnetharra REE-LiProject

The Yinnetharra REE/Li project consists of six tenements (Figures 1 and 2) within the Gascoyne lithium region, located about 100km northeast of Gascoyne Junction and 85km south of Hastings Rare Earths (ASX:HAS) world-class Yangibana rare earths project. The 6 tenements that make up the Yinnetharra Project are Yinnetharra (E09/2628), Minga Well (E09/2641), Wabli Creek (E09/2629), Injinu Hills (E09/2609), Weedarra (E09/2608) and Sandy Creek (E09/2630). Lithium and REEs are being targeted within the project area, with recent results returning positive results for REEs.

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