White Cliff Minerals (ASX:WCN) acquires large scale uranium potential in CanadaJanuary 15, 2024
White Cliff Minerals has acquired the Radium Point IOCGU + Silver project in Canada, which covers an area of over 3,300 km2 including historical mining operations like Eldorado, Echo Bay, and Contact Lake mines.
The company aims to identify extensions of previously exploited mineral deposits in the Northwest Territories with the highest potential for IOCG-Uranium style mineralisation in Canada.
Planned work includes geophysics, soil sampling, and confirmation testing in preparation for drilling on known outcropping prospects throughout the license area
According to White Cliff Chairman Roderick McIllree, the addition of this uranium province to their portfolio represents the delivery of another objective to secure large, scalable, high-grade, high-quality uranium and copper projects.
“The addition of this uranium province to our portfolio represents the delivery of another stated objective to secure large, scalable, high grade, high-quality uranium and copper projects,” Mr McIllree said.
“This area has seen significant historical uranium, silver and copper production from several mining centres and is located in a proper safe and reliable jurisdiction.
“We have assumed control of a massive database of information which we are working on validating however even an initial cursory review suggests many high grade, vein fill and IOCG-U style anomalies exist throughout the licence holdings.”
About White Cliff Minerals
White Cliff Minerals is a mineral exploration company trading on the Australian Securities Exchange under the ticker code WCN. The Company is currently focusing on its highly prospective IOCG, REE, Lithium and Basemetal project portfolio in Western Australia.
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