Ironstone Gold Soil Anomaly Extended
Perth, Oct 17, 2016 AEST (ABN Newswire) - White Cliff Minerals Limited (
ASX:WCN) ("White Cliff" or the "Company") is pleased to report that the infill sampling has expanded the bullseye gold in soil anomaly identified at the Ironstone gold prospect, part of the Merolia gold project, near Laverton Western Australia.
Key Points:
- Ironstone Gold In Soil Anomaly Expands
-- Peak anomaly 340 ppb gold or 0.34 g/t gold at surface
-- Second +30 ppb gold anomaly identified
The soil anomaly occurs at surface and extends over 240 by 180 metre area. The maximum gold value is 340 ppb (0.34 g/t) which occurs within a halo of +100ppb gold values.
The anomaly occurs 190 metres west of recent and historical drilling that intersected 4 metres at 5 g/t and 0.3 metres at 25 g/t gold (referring to Figure 1 in the link below).
A second +30ppb gold anomaly has also been identified 350 metres further west. This new anomaly is open to the west, north and south and requires further sampling to define its extent.
Managing Director Todd Hibberd commented that "The Merolia gold project just keeps delivering significant gold anomalies. The identification of the second gold anomaly at Ironstone suggests that the whole region is prospective for quartz reef related gold mineralisation. The Company will conduct further soil sampling of the Ironstone gold trend in October with a view to drilling late in 2016 or early in 2017."
The Ironstone Gold Prospect
Drilling in January 2016, following up historical gold anomalism identified substantial gold mineralisation interpreted to trend north-northwest. To confirm the orientation of mineralisation prior to additional drilling the Company conducted a 407 sample and 151 sample soil geochemical programs that have identified the current bullseye gold anomaly.
Regional Gold Exploration Strategy
As outlined in the June Quarterly report the Company has been conducting low cost regional gold soil sampling across selected parts of the Merolia project, initially focussing on the Ironstone and Comet well gold trends.
This extensive regional soil geochemical program of +2,000 samples has identified three exceptional gold in soil anomalies at Ironstone, Comet Well and Burtville East. Given the significant results generated the Company will undertake further sampling during the December quarter. Any gold anomalies identified will be followed up with in-fill soil geochemical programs prior to drilling.
For further information please contact:
http://www.wcminerals.com.au
To view the report, please visit:
http://abnnewswire.net/lnk/RW67UU78
Contact
Todd Hibberd
Managing Director
+61-8-9321-2233
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