White Cliff Minerals Ltd has received assays grading up to 149.5 g/t gold from the latest results from the Quartz Zone within the Aucu gold project located in central Asia.
Intersections from the two latest holes included 11 metres at 15.2 g/t gold and 66 metres at 0.91% copper.
The Quartz Zone outcrops at surface in all road cuttings completed and visible gold has been identified in rock samples at surface in all road cuttings to date.
Todd Hibberd, managing director, commented: “The exceptional gold assays confirm the visible gold panned from the quartz reef at surface.
“We have high expectations that drilling will continue to deliver more substantial gold intersections at depth and along strike.”
The new mineralised zones intersected in two new drill holes extend the quartz zone a further 50 metres off the initial drill line.
Highlights include:
– 11 metres at 15.2 g/t gold from 42 metres including 1 metre at 149.5 g/t gold; and
– 66 metres at 0.91% copper from 33 metres including 2 metres at 7.08% copper.
The hole that intersected the copper ended in mineralisation.
Drilling continues with further assays expected.
White Cliff is advancing its 89% owned Aucu gold deposit located in the Kyrgyz Republic and its 100% owned Merolia gold project located near Laverton, Western Australia.
Aucu hosts a resource of 1.15 million tonnes grading 4.2 g/t gold for 156,000 ounces of contained gold at a 1.0 g/t cut-off grade.
Drilling has discovered significant surface expressions of visible gold along strike from this resource including 8 metres at 55.2 g/t gold and 4 metres at 59.9 g/t gold.
Merolia hosts the Ironstone, Comet Well and Burtville East gold anomalies.
Historical drilling intersected substantial mineralisation including 5 metres at 33 g/t gold, 2 metres at 6.65 g/t gold and 3 metres at 5.3 g/t gold.
Most recently, White Cliff sampled gold grades of up to 38 g/t gold from surface rock piles at the Burtville East gold prospect.
Assays show further evidence of substantial gold and copper mineralisation within the Quartz Zone at Aucu – growing its potential to host an economic resource.
Drill-defined gold mineralisation has been identified along the quartz reef over a distance of 185 metres.
The mineralised outcrop containing visible gold extends along the exposed quartz reef over a distance of 243 metres.
Drilling has been completed at a further two sections where the mineralised quartz vein has been intersected.
The final holes to be drilled this year will be on one of those sections at the south-eastern end of the Quartz Zone.
The company will endeavour to complete as much drilling as possible at Aucu before autumn weather conditions make drilling too difficult to continue.
White Cliff will still remain leveraged to exploration news flow through:
– Further assays from Aucu expected within two weeks;
– Currently drilling at Ironstone with assays expected in three to four weeks;
– New soil sample results at Merolia expected in two weeks;
– New metallurgical test-work on Aucu targeted for January 2017;
– Drilling Burtville East for gold planned for January 2017; and
– New JORC resource for Aucu expected in February 2017.
source: proactiveinvestors.com.au
