An update on White Cliff Minerals' recent achievements and ongoing development of the high grade Aucu gold deposit in Central Asia

White Cliff Minerals Ltd (ASX:WCN) is pleased to invite investors to hear Managing Director, Todd Hibberd present for White Cliff Minerals at Proactive Investors CEO Spotlight Investor Sessions in Sydney and Melbourne.

A copy of the presentation (see the link below) is attached.

Sydney - Tuesday, 14th March 2017 from 12-noon to 2.30pm
Radisson Blu Hotel, Marble Room (Cnr. Pitt and O'Connell Street, Sydney)

Melbourne - Wednesday, 15th March 2017 from 12-noon to 2.30pm
CQ Functions, Events Room 1 (113 Queen Street, Melbourne)

To book you seat at the presentation please register by Friday, 10th March 2017:

Sydney - http://www.abnnewswire.net/lnk/Y12KRNK2

Melbourne - http://www.abnnewswire.net/lnk/071E95Z8

Aucu Gold Deposit Summary

As previously reported (ASX releases 24 Mar 15 and 02 Apr 15), the Company announced a maiden inferred resource for the Aucu gold deposit above a cut-off grade of 1 g/t gold of 1.15 Million tonnes grading 4.2 g/t gold for 156,000 ounces of contained gold. The Company is currently undertaking a new JORC resource estimate based on drilling completed in 2015 and 2016. The new estimate will be completed in March 2017 and followed by a mining optimisation study that will identify the potential amount of economically mineable gold.

In 2015, drilling identified exceptional gold mineralisation to the east of the Upper Gold Zone (UGZ) over a strike length of at least 500 metres. Results included:

- 8 metres at 55.2 g/t gold from 66 metres including 1 metre at 89.9 g/t gold
- 4 metres at 59.9 g/t gold from 66 metres including 1 metre at 189 g/t gold
- 2 metres at 43.5 g/t gold from 86 metres
- 1 metre at 103.4 g/t gold from 74 metres
- 3 metres at 41.4 g/t gold including 1 metre at 71 g/t gold
- 4 metres at 23.8 g/t gold from 85 metres
- 2 metres at 22 g/t gold from 102 metres
- 1 metre at 58 g/t gold

In 2016, drilling east of the Upper Gold Zone identified further substantial mineralisation over an additional 300 metres of strike length. Results included:

- 11 metres at 15.2 g/t gold from 42 metres including 1 metre at 149 g/t gold
- 12 metres at 15.6 g/t gold from 82 metres including 2 metres at 79 g/t gold
- 12 metres at 5.1 g/t gold from 34 metres including 2 metres at 26.2 g/t gold
- 5 metres at 9.9 g/t gold from 3 metres
- 9 metres at 8.3 g/t gold from 96 metres
- 4 metres at 12 g/t gold from 49 metres
- 3 metres at 11.2 g/t gold from 13 metres
- 3 metres at 11.9 g/t gold from 45 metres
- 5 metres at 7.6 g/t gold from 93 metres
- 3 metres at 9.8 g/t gold from 9 metres

Substantial copper intersections include:

- 66 metres at 0.91% copper from 33 metres including 18 metres at 1.85% copper
- 24 metre at 1.34% copper from 71 metres including 7 metres at 5.1% copper
- 19 metres at 0.74% copper from 22 metres including 2 metres at 2.4% copper

In addition:

- Mineralisation outcrops at surface over an elevation of at least 600 metres,
- Mineralisation remains open in all directions and at depth,
- Overall metallurgical recovery of all mineralised zones is 99%, and
- Gravity recoverable gold averages 88.6% (gold that reports to the gravity concentrate).

To view the full release and the presentation, please visit:
http://abnnewswire.net/lnk/FD581VWH


About White Cliff Minerals Ltd

White Cliff Minerals 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
E: info@wcminerals.com.au
W: www.wcminerals.com.au



Link: White Cliff Minerals Investor Briefings Invitation



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Metals Financial General Mining Gold Copper Nickel