Abundant Visible Gold identified at Aucu Gold Deposit

1 September 2015


Figure 1_WCap_0109

  • Abundant visible gold panned from Southern Gold Zone:
    – Visible gold now identified in 3 separate locations along a 2200 metre trend
  •  High grade trench sample assays from Southern Gold Zone received:
    – 3 metres at 11 g/t gold including one metre at 17.9 g/t gold
  •  Three major mineralised systems containing visible gold at surface now identified

White Cliff Minerals Limited (“White Cliff” or the “Company”) is pleased to report that abundant visible gold has been panned from an exceptionally rich mineralised outcrop at the eastern end of the Southern Gold Zone (SGZ). This new outcrop extends the SGZ to at least 2500 metres with visible gold identified at three locations over 2200 metres.

The SGZ is 400 metres south of the inferred Aucu gold resource of 156,000 ounces (1.2Mt at 4.2 g/t) and is easily accessible from existing tracks. The new zone will be targeted in the upcoming drilling program which is planned to significantly increase the current inferred resource.

Fig2_WCap_0109Managing Director Todd Hibberd commented that, “The Company has now identified three major mineralised systems, each extending over 2500 metres and each containing visible gold at SURFACE in more than one location. The upcoming drill program will enable us to conduct first pass drilling of this new zone while also extending the foot print of the existing high grade deposit”.

“We now believe that deposit has the potential to contain several million ounces based on the rock sampling, trenching and drilling to date.”


Fig4_WCap_0109To view the full announcement click here