Drilling targets Gold Anomalies near laverton WA

08 July 2015

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WCN_Gold Nugget one touch binäre optionen White Cliff Minerals Limited is pleased to announce that first pass Rotary Air Blast (RAB) drilling has commenced at the Laverton gold project (Figure 1) 35km Southwest of Laverton, Western Australia.

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  •   Drilling commences over two key gold targets near Laverton, Western Australia
  • Anomalous gold zones within 25 kilometres of ore processing Infrastructure

 The 5000 metre drilling program will test two highly anomalous gold targets that extend over of 500 metres and 1500 metres respectively. The drilling program is expected to take about two weeks with assay results available by early August

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The Red Flag East anomaly extends over 1500 metres and along the contact of a basalt and intrusive felsic unit. The anomaly has been defined by previous RAB drilling on 400 metre spaced lines and 100 metre spaced drill holes. Despite several mineralised intersections no follow up work was conducted. The Company has planned a RAB drilling program to test the mineralised trend over a 1000 metre length with 50-100 metre spaced lines and 25-50 spaced drill holes (Figure 2).

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The Red Flag West gold anomaly extends over 500 metres and occurs within a sedimentary sequence. The anomaly has been defined by previous RAB and RC drilling on 200 metre spaced lines and 50 metres spaced drill holes. Despite several promising intersections, the mineralised zone was not followed up along strike. (Figure 2)

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opzioni binarie plus Managing Director, Todd Hibberd noted that, “The gold anomalies are outstanding targets for quartz vein and fault hosted gold mineralisation. The Red Flag East anomaly, in particular, is a very attractive target that occurs on the contact between a mafic unit and intrusive porphyry. The identification of these gold anomalies substantially improves the likelihood of an economic outcome of the Laverton Gold project given that the Red Flag prospect is only 25 kilometres from existing mining operations (Wallaby and Granny Smith gold mines) and associated infrastructure in the event of successful drilling”

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binära optioner skatt The 5000 metre drilling program will test two highly anomalous gold targets that extend over of 500 metres and 1500 metres respectively. The drilling program is expected to take about two weeks with assay results available by early August

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