White Cliff Minerals Restricted (“the Firm”) is happy to announce the preliminary outcomes from the primary mission scale airborne geophysical survey on the Rae Copper Challenge (“Rae” or “the Challenge”), Nunavut, Canada. Outcomes affirm prospectivity for district scale sediment-hosted copper potential.
- With the Firm’s newest land acquisition, the Hulk exploration district has expanded to cowl 152km2 inside a bigger, broader sub-basin that has interpreted dimensions that exceed 20km by 10km
- The MobileMT airborne survey, performed over 2,400 line-km on the Challenge, represents the most recent innovation in airborne electromagnetic know-how and probably the most superior technology of airborne AFMAG applied sciences. It’s the solely system confirmed to ship geoelectrical info from shallow to > 1km depth vary with excessive spatial (lateral and in-depth) and resistivity decision
- The Hulk district represents 505 of the full 2,400 line-km flown as a part of the aerial survey. The Firm continues to assessment, interpret and analyse a number of extra anomalies throughout the higher Rae Challenge space which have proven elevated conductive signatures – these outcomes will likely be confirmed previous to the top of the 12 months
- Ultimate evaluation and interpretation of the survey accomplished along with Skilled Geophysics has recognized three, distinct, conductive anomalies on the Hulk sedimentary goal
- These goal areas are fault managed, sub basins masking >20km of strike, with mineralization being focused from floor to an estimated depth of ~300mtrs with as much as 70mtr intersections throughout the Rae Group sedimentary buildings.
- East (Goal A):
- located lower than 2km west of the historic drill intercept of sediment hosted copper by Kaizen Discovery Corp, the place outcomes from that drill program demonstrated growing copper grades as drill holes progressed westward in direction of the Firm’s licences and the Hulk goal space
- the realm is bounded by 2 main N/S trending faults, together with the regional Herb Dixon construction – a identified conduit of hydrothermal copper fluids
- spans greater than 4.5km E/W, 8km N/S and – open to the north into the newly acquired expanded declare
- Central (Goal B):
- a fault-controlled goal, sitting on the jap aspect of the Herb Dixon construction
- sitting inside a 3.5km E/W, 8km N/S conductive footprint, additionally open to the north
- West (Goal C):
- sits throughout the bounds of two main NW/SE faults and accommodates intersecting NW/SE and N/S buildings, offering a geological structural boundary across the sedimentary basin
- covers an space 10km N/S x 4km E/W and contains the CALMAL displaying
- The Herb Dixon Construction is a significant regional North/South fault that cuts by the Hulk District. This similar construction might be straight traced to the Firm’s Imaginative and prescient mission the place rock chip assays included 64.02%, 62.02%, 55.01% and 50.48% Cu
“The lately expanded Hulk District now has a number of, unbiased and coincident datasets that exhibit sediment- hosted copper mineralisation. The identification of three sub-basins alongside a 20km strike size supplies us with vital scope for a number of copper discoveries.
The conductive intervals we’ve noticed dip northward, aligning completely with the orientation of the Rae Group sedimentary construction, extending over 10km down dip into White Cliff’s lately claimed floor. The exceptional continuity in conductive signatures throughout these sections, mixed with the coincident chemical and geophysical responses noticed at Hulk can solely be defined by one of some potentialities, considered one of which is a considerable steel prevalence.
With these outcomes, alongside the assays we acquired from our subject marketing campaign at Rae, we are actually able the place we are able to affirm and pinpoint drilling areas for the upcoming marketing campaign. The expanded Hulk goal has inspired the Firm to have a look at increasing the drilling companies which might be deliberate for 2025 and I stay up for offering an replace on the dimensions of that absolutely funded drilling marketing campaign later this 12 months.”
Troy Whittaker – Managing Director
Click on right here for the complete ASX Launch
This text contains content material from White Cliff Minerals Restricted, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your accountability to carry out correct due diligence earlier than appearing upon any info supplied right here. Please seek advice from our full disclaimer right here.
