White Cliff Minerals Limited is a mineral exploration and development company trading on the Australian Securities Exchange under the ticker code WCN. The Company is pursuing a dual strategy to advance its cobalt-nickel projects in Western Australia. The key elements of these strategies are:

Cobalt-nickel: Core focus on resource definition drilling to crystallise value at WA projects

  • Drilling commenced March 2018
  • Historic drilling points to economic grades and tonnage scale at all projects
  • Projects 100% owned and near processing Infrastructure
  • Projects have potential to rival those held by ASX sector leaders in terms of size and quality
  • Rising cobalt and nickel prices supported by long term structural changes in electric vehicle market
  • Coronation Dam contains a nickel and cobalt Inferred Mineral Resource of 5.7 million tonnes at 1.0% nickel and 0.08% cobalt above a cut-off grade of 0.8% nickel, containing 56,700 tonnes of nickel and 4,300 tonnes of cobalt
  • Ghan Well contains a nickel and cobalt Inferred Mineral Resource of 1.3 million tonnes at 0.9% nickel and 0.07% cobalt above a cut-off grade of 0.8% nickel, containing 11,900 tonnes of nickel and 900 tonnes of cobalt

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White Cliff Minerals returns positive drill results at Coglia Well

Source: Proactive Investors

 

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