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White Cliff Minerals Limited (“ como esta conformado el sistema de comercio internacional White Cliff” or the “ binary options 90 win Company”) is pleased to report that one metre assays have confirmed significant gold mineralisation in air-core drilling at the East Burtville Gold Prospect which forms part of the Merolia Gold Project, near Laverton Western Australia.

The Company recently completed a 733 metre drilling program targeting significant gold mineralisation identified in historical exploration and mine workings.

The current drilling identified high grade gold mineralisation in four metre composite interval samples including:

Follow up sampling of the one metre interval samples confirmed the above mineralisation. Results include:

The gold mineralisation is associated with a north-south trending quartz vein occurring within metamorphosed basalts. The quartz vein is exposed at surface and has been intersected in drilling over a strike length of 100 metres and is open along strike and at depth. Intersections from historic drilling also intersected high grade gold mineralisation associated with quartz veining including:

Managing Director Todd Hibberd commented that “The East Burtville prospect has great potential to host a high grade gold deposit that is amenable to open pit mining. The quartz vein has been identified over 100 metres of strike and 80 metres depth with some very attractive grades. The Laverton region has several mills that are within haulage distance so a small open pit-toll treatment operation is a distinct possibility. The Company is currently planning further drilling.”

WCN_Fig1_270617

Figure 1: Plan view of East Burtville drilling showing hole locations with drill direction mineralisation and interpreted quartz structure. Note 1: Gold mineralisation in quartz veins commonly occurs as gold nuggets. Assay results can be highly variable. A low or zero assay result is not necessarily an indication that the vein is not mineralised.

köpa säker Sildenafil Citrate East Burtville Drilling Identifies High Grade Quartz Vein

The recent RC drilling targeted a quartz vein identified by historical exploration and mine workings. The quartz vein is sub-vertical and trends north south and is 1-5 metres wide occurring within mafic schist (metamorphosed basalt). Prior to drilling the orientation of the quartz vein was unknown so drilling tested several possible orientations. Of the 17 holes completed, the quartz vein or shear zone was intersected in 5 holes (BEAC 1-5) confirming the north-south orientation.

Historical drilling (MLJC-36 and MLJC-31) intersected the vein/shear zone along strike north and south of the main drilling. Both contained quartz and alteration but no gold mineralisation. The Company notes that the nature of gold deposition in quartz veins can be very discrete with the gold occurring in plunging shoots or as isolated nuggets with no gold in the adjacent quartz. The Company is very encouraged by the presence of the quartz veining and believes further drilling is warranted.

per iniziare a fare trading ce un minimo di quota da versare East Burtville Background

The Company acquired the East Burtville Prospect in 2011 as part of the Merolia Gold and Nickel project. The prospect occurs in the north-westerly trending Merolia greenstone belt which is interpreted to form part of the Laverton greenstone belt. The geology is typically basalts, ultramafic and felsic volcanic rocks that have been metamorphosed to green schist facies.

Mineralisation occurs as quartz veining in metamorphosed basalts which trends north-south and is sub-vertical. The vein has been identified over 100 metres via drilling and is untested along strike and at depth.

A vertical mine shaft and associated mine workings (circa ~1992) were constructed based on some high grade gold intersections in historical drilling. No production records are available for the small scale mining operation but extensive re-sampling of the ore stock piles and waste dumps have produced some spectacular grades up to 38 g/t in channel samples. The remaining ore stockpiles contain economic levels of gold mineralisation (see ASX release Dated 20th October 2016).

WCN_Fig2_270617

Figure 2: Cross section A-B showing WCN intersections in relation to previous mineralised intersections. (NB. Collar locations and therefore hole traces of the WMC drilling are reliant on supplied data and cannot be verified in the field. Note1: Gold mineralisation in quartz veins commonly occurs as gold nuggets. Assay results can be highly variable. A low or zero assay result is not necessarily an indication that the vein is not mineralised.

WCN_Table1_270617

iq option strategy East Burtville Drilling Identifies High Grade Quartz Reef

The recent RC drilling targeted a quartz vein identified by historical exploration and mine workings. The quartz vein is sub-vertical and trends north south and is 1-5 metres wide occurring within mafic schist (metamorphosed basalt). Prior to drilling the orientation of the quartz vein was unknown so drilling tested several possible orientations. Of the 17 holes completed, the quartz vein or shear zone was intersected in 5 holes (BEAC 1-5) confirming the north-south orientation.

Historical drilling (MLJC-36 and MLJC-31) intersected the vein/shear zone along strike north and south of the main drilling. Both contained quartz and alteration but no gold mineralisation. The Company notes that the nature of gold deposition in quartz veins can be very discrete with the gold occurring in plunging shoots or as isolated nuggets with no gold in the adjacent quartz. The company is very encouraged with the presence of the quartz veining and believes further drilling is warranted.

indicadores para opções binarias gratis East Burtville Background

The Company acquired the East Burtville Prospect in 2011 as part of the then Merolia Nickel project. The prospect occurs in the north-westerly trending Merolia greenstone belt which is interpreted to form part of the Laverton greenstone belt. The geology is typically basalts, ultramafic and felsic volcanic rocks that have been metamorphosed to green schist facies.

Mineralisation occurs as quartz veining in metamorphosed basalts which trends north-south and is sub-vertical. The vein has been identified over 100 metres via drilling and is untested along strike and at depth.

A vertical mine shaft and associated mine workings (circa ~1992) were constructed based on some high grade gold intersections in historical drilling. No production records are available for the small scale mining operation but extensive re-sampling of the ore stock piles and waste dumps have produced some spectacular grades up to 38 g/t in channel samples. The remaining ore stockpiles contain economic levels of gold mineralisation (see ASX release Dated 20th October 2016).

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

ASX Announcement