Substantial Gold Nuggets Discovered

21 May 2015

WCN_Substantial Gold Nuggets
White Cliff Minerals Limited is pleased to announce that two substantial and several minor gold nuggets have been recovered from the Mt Remarkable gold project in the Northern goldfields of Western Australia:

  • Gold Nuggets are 8 and 10 ounces respectively
  • Nugget formation related to the adjacent mineralised quartz reef

The two nuggets are 248 grams and 310 grams (8 and 10 Ounces) respectively and at the current Australian gold price ($1512/Oz) are worth approximately $27,000 dollars. The nuggets were recovered by a local prospector operating under a tribute agreement with the Company.

The area where the gold nuggets were located has had minor previous exploration including two trenches and surface sampling. The quartz reef has not been tested and the Company will conduct further exploration to assess the potential for substantial gold deposition.

View the full announcement <here>