Air-core Drilling Update - Ironstone Gold Project
Perth, Nov 29, 2016 AEST (ABN Newswire) - White Cliff Minerals Limited (
ASX:WCN) ("White Cliff" or the "Company") is pleased to report that it has commenced a 2,000 metre air-core drilling program targeting a large gold anomaly at the Ironstone Gold prospect, part of the Merolia gold project, near Laverton Western Australia.
Key Points:
- 2,000 metre Air-core drilling programme underway
- Quartz veining intersected in multiple holes
- Initial samples dispatched to laboratory
- Drilling targeting 340 ppb gold (0.34 g/t gold) gold soil anomaly at surface
To date, 1000 metres of drilling has been completed and geological logging of drill rock chips has identified quartz veining in several holes. The samples have been dispatched to the Laboratory for assaying. Results are expected within the next month.
The target 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 (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 ?he first phase of drilling at Ironstone has revealed some intriguing geology and more importantly some substantial quartz veining. High grade gold mineralisation is associated with quartz veining 190 metres west of the current drilling. The samples have been dispatched for assay and we keening await the results. 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."
To view tables and figures, please visit:
http://abnnewswire.net/lnk/Q0V256Z7
Contact
Todd Hibberd
Managing Director
+61-8-9321-2233
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