White Cliff Minerals (ASX: WCN) builds REE knowledge at Yinnetharra Project

White Cliff Minerals (ASX: WCN) builds REE knowledge at Yinnetharra Project

August 25, 2022 0 By Rueben Hale

White Cliff Minerals has shown a strong correlation with anomalous REE assays from 13 samples from the Yinnetharra project area Yinnetharra REE/Li project northeast of Gascoyne Junction and 85km south of Hastings Technology Metals (ASX: HAS) world-class Yangibana rare earth project.

WCN project map

The company said the samples bearing up to 780ppm TREO had generated a new suite of significant targets to be field-checked in the coming weeks.

13 samples were expedited as proof of concept that REEs were present within the project area, with the remaining 115 samples due shortly

Multiple newly identified thorium targets associated with magnetic anomalies will be field validated and sampled in the upcoming trip

Several targets and anomalies at Yinnetharra were sampled in a geochemical sampling program completed earlier this month, with results expected in the next 2-3 weeks.

White Cliff plans to aggressively advance its lithium and rare earth element project portfolio, with Yinnetharra REE/Li and Hines Hill REE projects returning favourable first pass results

At the Diemals project, the company obtains detailed geophysical datasets to target nickel, copper and gold mineralisation associated with greenstone belts.

“Our knowledge of Yinnetharra is growing at an exponential rate, with a small batch of positive rock chip results returned for REEs, and with regional success from pairs for Thorium anomalies adding to our exploration model, we are starting to grasp the exploration potential from a project area that has had in essence, no exploration.

“With positive REE’s responses in assays from strongly altered rocks, on the periphery of thorium responses from recently reprocessed coarse data, our understanding and targeting are improving,” White Cliff technical director Ed Mead said.

The company’s shares rose sharply in early morning trade, rising 30.77% to 1.7c.

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