Ironstone Gold Soil Anomaly Extended
- 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.
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About White Cliff Minerals Ltd
White Cliff Minerals Ltd is a Gold, Copper, Cobalt, Nickel resources and mining company listed in Australia (ASX:WCN). The Company is focused on developing low cost high value mineral deposits that have near term cash flow potential.
Major projects include the Aucu gold deposit that contains 484,000 ounces of gold (3mt at 5.1 g/t) starting at surface and Chanach copper deposit that contains 64,000 tonnes of copper (17.2Mt at 0.37% copper). Both projects have substantial blue sky potential with drilling covering only 5% of the known structures. In Australia the company is developing the Coronation Dam cobalt–nickel deposit where a maiden resource will be announced in the late 2018.
White Cliff Minerals Ltd