White Cliff Minerals Restricted (“the Firm”) is happy to announce the preliminary outcomes from the primary venture scale airborne geophysical survey on the Rae Copper Undertaking (“Rae” or “the Undertaking”), Nunavut, Canada. Outcomes verify prospectivity for district scale sediment-hosted copper potential.
- With the Firm’s newest land acquisition, the Hulk exploration district has expanded to cowl 152km2 inside a bigger, broader sub-basin that has interpreted dimensions that exceed 20km by 10km
- The MobileMT airborne survey, carried out over 2,400 line-km on the Undertaking, represents the newest innovation in airborne electromagnetic know-how and probably the most superior era of airborne AFMAG applied sciences. It’s the solely system confirmed to ship geoelectrical data from shallow to > 1km depth vary with excessive spatial (lateral and in-depth) and resistivity decision
- The Hulk district represents 505 of the whole 2,400 line-km flown as a part of the aerial survey. The Firm continues to assessment, interpret and analyse a number of extra anomalies throughout the larger Rae Undertaking space which have proven elevated conductive signatures – these outcomes shall be confirmed previous to the top of the yr
- Remaining evaluation and interpretation of the survey accomplished together with Knowledgeable Geophysics has recognized three, distinct, conductive anomalies on the Hulk sedimentary goal
- These goal areas are fault managed, sub basins masking >20km of strike, with mineralization being focused from floor to an estimated depth of ~300mtrs with as much as 70mtr intersections throughout the Rae Group sedimentary constructions.
- East (Goal A):
- located lower than 2km west of the historic drill intercept of sediment hosted copper by Kaizen Discovery Corp, the place outcomes from that drill program demonstrated rising copper grades as drill holes progressed westward in direction of the Firm’s licences and the Hulk goal space
- the realm is bounded by 2 main N/S trending faults, together with the regional Herb Dixon construction – a identified conduit of hydrothermal copper fluids
- spans greater than 4.5km E/W, 8km N/S and – open to the north into the newly acquired expanded declare
- Central (Goal B):
- a fault-controlled goal, sitting on the jap facet of the Herb Dixon construction
- sitting inside a 3.5km E/W, 8km N/S conductive footprint, additionally open to the north
- West (Goal C):
- sits throughout the bounds of two main NW/SE faults and comprises intersecting NW/SE and N/S constructions, offering a geological structural boundary across the sedimentary basin
- covers an space 10km N/S x 4km E/W and contains the CALMAL displaying
- The Herb Dixon Construction is a significant regional North/South fault that cuts by means of the Hulk District. This identical construction may be instantly traced to the Firm’s Imaginative and prescient venture the place rock chip assays included 64.02%, 62.02%, 55.01% and 50.48% Cu
“The not too long ago expanded Hulk District now has a number of, impartial and coincident datasets that display sediment- hosted copper mineralisation. The identification of three sub-basins alongside a 20km strike size gives us with important scope for a number of copper discoveries.
The conductive intervals we’ve noticed dip northward, aligning completely with the orientation of the Rae Group sedimentary construction, extending over 10km down dip into White Cliff’s not too long ago claimed floor. The outstanding continuity in conductive signatures throughout these sections, mixed with the coincident chemical and geophysical responses noticed at Hulk can solely be defined by one of some potentialities, one among which is a considerable metallic incidence.
With these outcomes, alongside the assays we acquired from our area marketing campaign at Rae, we are actually ready the place we will verify and pinpoint drilling places for the upcoming marketing campaign. The expanded Hulk goal has inspired the Firm to take a look at increasing the drilling providers which are deliberate for 2025 and I stay up for offering an replace on the size of that totally funded drilling marketing campaign later this yr.”
Troy Whittaker – Managing Director
Click on right here for the total ASX Launch
This text contains content material from White Cliff Minerals Restricted, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your accountability to carry out correct due diligence earlier than appearing upon any data supplied right here. Please discuss with our full disclaimer right here.
