- 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
Kyrgyz Aucu Gold Project (90%): The Project contains extensive porphyry related gold and copper mineralisation starting at the surface and extending over several kilometres. Drilling during 2014 has defined a major gold discovery with an initial inferred resource of 1.15Mt at 4.2 g/t containing 156,000 ounces of gold. Additional drilling in 2015 identified extensions of known high grade gold mineralisation with intersections as high as 8 metres at 55 g/t gold. In addition drilling has also defined a significant copper deposit at surface consisting of 10Mt at 0.41% copper containing 40,000 tonnes of copper. Extensive mineralisation occurs around both deposits demonstrating significant potential to increase the existing resources.
The project is located in the Kyrgyz Republic, 350km west-southwest of the capital city of Bishkek and covers 83 square kilometres. The Chanach project is located in the western part of the Tien Shan Belt, a highly mineralised zone that extends for over 2,500 km, from western Uzbekistan, through Tajikistan, Kyrgyz Republic and southern Kazakhstan into western China.
Merolia Gold and Nickel Project (100%): The project consists of 771 square kilometres of the Merolia Greenstone belt and contains extensive ultramafic sequences including the Diorite Hill layered ultramafic complex, the Rotorua ultramafic complex, the Coglia ultramafic complex and a 51 kilometre long zone of extrusive ultramafic lava’s. The intrusive complexes are prospective for nickel-copper sulphide accumulations possibly with platinum group elements, and the extrusive ultramafic rocks are prospective for nickel sulphide and nickel-cobalt accumulations.
The project also contains extensive basalt sequences that are prospective for gold mineralisation including the Ironstone prospect where historical drilling has identified 24m at 8.6g/t gold. Soil sampling in 2016 has identified multiple mineralised gold trends at Burtville East, Comet Well and Ironstone which will be drilled in 2017.
Bremer Range Nickel Project (100%): The project covers over 127 square kilometres in the Lake Johnson Greenstone Belt, which contains the Emily Ann and Maggie Hayes nickel sulphide deposits. These mines have a total resource of approximately 140,000 tonnes of contained nickel. The project area has excellent prospectivity for both komatiite associated nickel sulphides and amphibolite facies high-grade gold mineralisation.
Lake Percy Lithium Project (100%) and Joint Venture (reducing to 30%): The Lake Percy tenement (E63/1222i) is the subject of a Joint Venture arrangement where Liontown Resources (LTR) can earn up to 70% via expenditure of $1.75 Million. Substantial lithium anomalism has been identified within outcropping pegmatites and drilling will be conducted in 2017. The Company also holds 100% of the adjacent 20km2 tenement (E63/1793) which also contains untested outcropping pegmatites.
Laverton Gold Project (100%): The project consists of 136 square kilometres of tenement applications in the Laverton Greenstone belt. The core prospects are Kelly Well and Eight Mile Well located 20km southwest of Laverton in the core of the structurally complex Laverton Tectonic zone immediately north of the Granny Smith Gold Mine (3 MOz) and 7 kilometres north of the Wallaby Gold Mine (7MOz).
White Cliff Minerals Ltd