White Cliff Minerals (ASX:WCN) Announces Further High-Grade Copper, Gold, and Silver Assays from Great Bear Project

White Cliff Minerals (ASX:WCN) Announces Further High-Grade Copper, Gold, and Silver Assays from Great Bear Project

August 19, 2024 Off By MarketOpen

White Cliff Minerals Limited (ASX:WCN) is pleased to announce a further batch of exceptional assay results from its ongoing exploration efforts at the Great Bear Project in Northern Canada.

The latest assays reveal significant high-grade occurrences of copper, gold, and silver, reinforcing the immense potential of this underexplored district.

Significant Highlights:

  • Exceptional Copper, Gold, and Silver Grades:
    • Payback Area:
      • 42.2% Copper (Cu), 716g/t Silver (Ag), and 17.4g/t Gold (Au) from rock chip samples.
      • 30.2% Cu, 153g/t Ag from additional samples.
    • Coyote Area:
      • 17.4g/t Au, 1.47% Cu, and 29.6g/t Ag.
      • 16.95g/t Au, 10.55% Cu, and 45.3g/t Ag.
    • Cougar Area:
      • 13.5% Cu, 1.14g/t Au, and 97.4g/t Ag from a single grab sample.
    • Viper Area:
      • 102g/t Ag, 0.137g/t Au, and 0.44% Cu.
  • New Discoveries and Expanded Mineralisation Zones:
    • Identification of additional IOCG (Iron Oxide Copper Gold) mineralised structures across multiple areas, including Coyote, Viper, Cougar, and Payback.
    • Expansion of high-grade mineralisation zones within a 15 km by 5 km area, indicating a much larger mineral system across the district.
    • Discovery of an outcropping zone of intense epithermal alteration and veining at Coyote, covering an area of 440 x 195 meters.
  • Significant Exploration Potential:
    • The Great Bear Project covers 2,900 square kilometres of highly prospective terrain, with numerous targets still to be sampled.
    • The project is situated in a region identified by the Canadian Mines Department as one of the most prospective areas in Canada for large IOCG-style deposits.
    • Remaining assay results from additional project areas are expected in the coming weeks, further expanding the potential of this district.

The Great Bear Project, located in Northern Canada, is emerging as a highly prospective area for IOCG and epithermal systems.

Recent field programs have focused on rock chip sampling across several key targets, with the latest results confirming the presence of high-grade precious and base metal mineralisation across multiple new areas.

In the Coyote area, an outcropping zone of epithermal alteration and veining has been identified, yielding significant assay results such as 17.4g/t Au, 1.47% Cu, and 29.6g/t Ag.

The Cougar area, another key target, has returned high-grade results, including 13.5% Cu, 1.14g/t Au, and 97.4g/t Ag. Additionally, the Payback area continues to deliver outstanding results, with assays returning up to 42.2% Cu and 716g/t Ag.

Troy Whittaker, Managing Director of White Cliff Minerals, said “These assays are further examples of the exceptional potential at the Great Bear Project. The consistent discovery of high-grade copper, gold, and silver across multiple zones reinforces the district’s potential to host large-scale mineral deposits. The fact that these results are coming from just a small portion of our 2,900 square kilometre license area is truly exciting. We look forward to receiving additional assay results in the coming weeks and advancing our exploration efforts to uncover the full potential of this remarkable project.”

White Cliff Minerals plans to correlate the recent assay results with data from an aerial MT survey to identify further targets for the next phase of exploration.

The Company is also anticipating additional assay results from the Rae Copper, Silver, and Gold Project, located 240km southwest of Great Bear.

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