News

Company and Mining

25 July 2018

Highlights

  • Initial assays received from Coronation Dam, results include:
    • 40 metres at 0.11% cobalt and 1.04% nickel from 16 metres
      • 15 metres at 0.20% cobalt and 1.1% nickel from 29 metres
    • 20 metres at 0.27% cobalt and 0.66% nickel from 28 metres including:
      • 1 metre at 0.95% cobalt and 0.97% nickel from 31 metres and:
      • 1 metre at 0.63% cobalt and 0.70% nickel from 35 metres
    • 12 metres at 0.06% cobalt at 0.93% nickel from 8 metres
    • 12 metres at 0.05% cobalt and 0.85% nickel from 36 metres
  • Mineralisation up to 550 metres wide and 40 metres thick
  • Further assays expected within two weeks

White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report initial assays from a 5,000 metre RC drilling campaign completed at its 100% owned Coronation Dam cobalt project 90km Southeast of Glencore’s Murrin Murrin Nickel refinery in Western Australia’s north-eastern goldfields.

Initial drilling results are from one of the first cross sections drilled in the central part of the deposit to confirm the historical drilling results. Extensive cobalt mineralisation was identified from surface, extends up to a depth of 65 metres and is approximately 550 metres wide. The orebody dips at a shallow angle to the west. Better results include:

  • 40 metres at 0.11% cobalt and 1.04% nickel from 16 metres including;
    • 15 metres at 0.20% cobalt and 1.1% nickel from 29 metres
  • 8 metres at 0.06% cobalt and 0.84% nickel from 8 metres and;
  • 9 metres at 0.05% cobalt and 0.70% nickel from 24 metres
  • 20 metres at 0.27% cobalt and 0.66% nickel from 20 metres including;
    • 1 metre at 0.95% cobalt and 0.97% nickel from 31 metres and;
    • 1 metre at 0.63% cobalt and 0.70% nickel from 35 metres
  • 12 metres at 0.07% cobalt and 0.85% nickel from 36 metres

The mineralisation has developed in the regolith profile above an intensely weathered ultramafic unit which was originally a peridotite. The peridotite is approximately 1 kilometre wide and 5.7 kilometres long within the mining tenement which covers 16km2. Drilling was conducted on a 100 metre by 100 metre grid with extensions on a 200 by 100 metre grid. Once all assay results have been received the Company will undertake metallurgical testing to further advance the development of this project

White Cliff Managing Director Todd Hibberd said: “Initial assays at Coronation Dam validate the historical drilling and demonstrate the high grade nature of the mineralisation. We were surprised at the 550 metres wide zone of cobalt mineralisation and at the thickness of some of the intervals which are better than anticipated. Further assay results should be available shortly and on receipt of the final drilling results the Company will be in a position to select samples for metallurgical testing”.

Further updates will be provided as this process continues.

For further information, please see the link below to today’s ASX announcement.

ASX Announcement