Aucu Deposit – High Grade Gold Discovered in Major New Structure

follow url 20 October 2015

source link Highlights

binary options double down strategy White Cliff Minerals Limited (“ source White Cliff” or the “ go here Company”) is pleased to report that a major new mineralised structure (named the Camp Gold Zone-CGZ) has been identified at the Aucu gold project.

The CGZ occurs 400 metres south of the Southern Gold Zone and has the same sub-vertical dip and west-northwest (300 degrees) orientation (Figure 1). The CGZ has also been identified in hillside outcrops along strike 500 metres to the east of the initial trench discovery. The CGZ mineralisation occurs as a three metre wide shear zone containing brecciated quartz, sulphides and clays. CGZ mineralisation cuts across conglomerate, granodiorite, and mafic volcanics. Mineralisation, including visible gold, occurs in all three rock types. Assays from trench samples include 3 metres at 23.8 g/t gold including click here 1 metre at 53.6 g/t gold.

The Company will endeavour to drill to test the Camp Gold Zone during the current field season drilling campaign.


Figure 1 Aucu Gold deposit (black box) and locations of visible gold identified in outcrop and trenches including the newly discovered Camp Gold Zone (Yellow text box). Yellow and orange traces are mineralised zones.


Figure 2 Map showing Chanach license outline and location of the Aucu gold discovery 2.5 km to the NNW of the original Chanach copper deposit.

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