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Interview with Managing Director on the Upgraded Resource Estimate at Aucu
Interview with Managing Director on the Upgraded Resource Estimate at Aucu
Sydney, May 11, 2017 AEST (ABN Newswire) - White Cliff Minerals Ltd (ASX:WCN) are pleased to provide an interview with Managing Director, Todd Hibberd, on the upgraded resource estimate at the Aucu gold project in Central Asia.

To view the video interview, please visit:
http://www.abnnewswire.net/press/en/88278/WCN

Todd Hibberd (Managing Director)

Mr Hibberd, is a geologist with an extensive background in exploration and mining including 20 years in exploration, resource estimation, mine development and production management. Recent experience includes two years as Managing Director of ASX listed Stonehenge Metals Limited and ten years working for Newmont Mining Corporation in various senior exploration and production roles.

Summary on Aucu Gold - Central Asia

In a recent announcement (ASX announcement April 21, 2017) White Cliff Minerals reported a new JORC compliant inferred resource for the Aucu gold deposit, using a lower cut-off grade of 1 g/t gold, of 1.8 million tonnes grading 5.2 g/t gold, for 302,000 ounces of contained gold. The new resource represents a 93% increase in contained gold ounces and a 23% increase in average grade over the previous gold resource reported in April 2015.

Importantly the new resource contains a very high grade zone (Quartz Zone) of 244,000 tonnes at 9.5 g/t gold containing 75,000 ounces of gold, which starts at surface. Surface extensions of the high grade Quartz Zone have been identified and will be drilled in the coming field season.

This latest resource estimate also identified a new inferred copper resource, using a lower cut of grade of 0.25% copper, of 608,000 tonnes at 0.64% copper, containing 3,870 tonnes of copper.

To view the video interview, please visit:
http://www.abnnewswire.net/press/en/88278/WCN


About White Cliff Minerals Ltd

White Cliff Minerals Ltd ASX WCNWhite 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.

    


Contact

Todd Hibberd
Managing Director
T: +61-8-9321-2233
W: www.wcminerals.com.au


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