White Cliff Minerals (ASX:WCN) announces bonanza grade silver discovery at Great Bear Project
White Cliff Minerals (ASX:WCN) has announced a remarkable discovery of bonanza-grade silver at its Great Bear Project in Northern Canada.
The final batch of assay results from rock chip samples taken during the maiden field program at the project has revealed extraordinary silver grades, with one sample returning a staggering 7.54% silver (75,439g/t), making it one of the highest-grade silver discoveries reported in recent history.
The Great Bear Project, located approximately 550 meters from historic silver mines that produced a total of 34.2 million ounces of refined silver, has now yielded silver concentrations that significantly exceed these historic figures.
This discovery, located within the newly identified Slider District, marks a major milestone for White Cliff Minerals and underscores the potential of the region.
Exceptional Assay Results
The assay results confirmed the presence of high-grade silver and polymetallic mineralization from both epithermal structures and skarn-style mineralization. Among the most notable results were:
- 7.54% silver (75,439g/t Ag or 2,425 oz/t Ag) from sample F005907.
- 5.35% silver (53,506g/t Ag or 1,720 oz/t Ag) from sample F005909.
- 0.91% silver (9,070g/t Ag or 291 oz/t Ag) from sample F005908.
- Additional samples returned significant copper and zinc grades, including 6.5% Cu and 8.1% Zn.
The Slider District, where these samples were collected, has been identified as a significantly expanded area of interest measuring at least 1.5km x 1.5km.
This district is located just northwest of two historical silver mines and includes a zone of native silver-bearing breccias.
Troy Whittaker, Managing Director of White Cliff Minerals, commented on the discovery, stating, “Well, this is not something you see every day, let alone to find on surface during a maiden field program – possibly the highest-grade silver results published in recent history. It’s remarkable that the team has now delineated a total of six high-grade Copper, Gold, and Silver mineralised districts at Great Bear.”
A Promising Future for the Great Bear Project
The discovery at the Slider District is particularly exciting given that much of the area remains underexplored, the company plans to conduct further exploration to determine the depth potential of these high-grade structures.
Whittaker highlighted the importance of this discovery, noting that “If we are able to marry these results and structures up with the recently completed geophysics and prove depth potential, we will be well placed for significant discovery.”
In addition to the silver findings, the Charlie area of the Great Bear Project also returned high-grade polymetallic results, adding further depth to the metal basket at the site.
Notable results from this area included 9.8% copper, 233g/t silver, 1.7% lead, and 2.4% zinc.
White Cliff Minerals’ exploration at the Great Bear Project continues to yield significant results, with the latest discoveries underscoring the immense potential of the region.
As the company moves forward with its exploration program, investors and stakeholders alike will be closely watching the developments at this highly prospective site.
This announcement marks a significant achievement for White Cliff Minerals, and with further exploration planned, the company is well-positioned for continued success in the region.