Air-core Drilling Approvals Received- Ironstone Gold Project
Perth, Nov 14, 2016 AEST (ABN Newswire) - White Cliff Minerals Limited (
ASX:WCN) ("White Cliff" or the "Company") is pleased to report that statutory approvals have been received to conduct drilling at the Ironstone Gold prospect, part of the Merolia gold project, near Laverton Western Australia.
Key Points:
- Air core drilling programme approved
- Drilling contract signed
- 2,000 metre drilling programme to commence 21 November 2016
- Drilling will target 340 ppb gold (0.34 g/t gold) gold soil anomaly at surface
The Company has signed a drilling contract with Orbit Drilling to conduct 2,000 metres of air core blade and hammer drilling that will target the soil anomaly which 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 (see figure 1 in the link below).
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.
Managing Director Todd Hibberd commented that "The upcoming drilling is the culmination of six months of soil sampling and detailed exploration that has identified substantial gold anomalies at Ironstone, Burtville East and Comet Well. The gold anomaly at the Ironstone gold prospect is substantial and very high grade. We believe the Merolia project has great potential for a major gold discovery and this drill program is the first phase of a broader exploration strategy aimed at delivering on that potential."
The Ironstone Gold Prospect
Drilling in January 2016, followed 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. Drilling will commence later this month.
To view the press release, please visit:
http://abnnewswire.net/lnk/JXWU7086
Contact
Todd Hibberd
Managing Director
+61-8-9321-2233
White Cliff Minerals Ltd
WWW: www.wcminerals.com.au
| ||
|
