White Cliff Minerals acquires additional land at Nunavut Cu-Ag-Au Project

8 July 2024

Landholding includes numerous highly prospective copper, silver and gold targets

(July 8, 2024) White Cliff Minerals Limited (“WCN” or the “Company”) is pleased to announce newly expanded licences covering adjacent high grade Nunavut copper, silver and gold (“Cu-Ag-Au” or the Project”) targets. These new areas have only recently been opened to application. These new targets enhance the overall strategic landholding the Company owns and now completes the original staking strategy.

Highlights

  • Secured up to an additional 63 square km’s of highly prospective licenses covering newly available ground at the Nunavut Cu-Ag-Au project area
  • These new granted licences cover several significant areas of anomalous Cu-Ag-Au:
    • The Halo project, a highly prospective outcropping occurrence of Cu-Ag-Au. Previous drilling at Halo includes up to 4.7m @ 10.47% Cu, with mineralisation that remains open in all directions. This new area connects to the southern extension of the HALO system and compliments existing WCN tenure
    • The Pat prospect includes numerous >40% Cu (above detection limit) rock chip samples across multiple veins
    • Given the new ground is adjacent to existing granted licences these new areas will fit seamlessly into the Company’s upcoming exploration activities due to commence in Nunavut during the coming weeks
    • WCN also has in application, and subject to regulatory approval, tenure that covers several other new targets, that it is hopeful of receiving these in due course:
      • Lloyd: a quartz-chalcocite vein that was returned assay results of up to 2% Cu over ~3,600ft with a cross section of between 8 and 20 feet wide,
      • Larry: 1952 channel samples returned up to 8.03% Cu over 13.6ft, and
      • Jack: Rock chip samples up to 45.4% Cu and 60g/t Ag from surface.

Troy Whittaker - Managing Director: “The Company is very pleased to have finally secured these additional 2 priority areas and concludes our strategy of acquiring the landholdings we wanted. These new licences are testament to the teams’ hard work and commitment to deliver for all shareholders. After stalking the process for several months and having assessed these areas in-depth previously, we were in pole position when this ground was released for application and I am pleased to say we were successful in securing the last missing pieces of our puzzle and hence our strategy of securing the most desired ground in the area is complete. There is now an obvious land rush in the broader Coppermine area and our first mover advantage has given us a huge head start in acquiring the premium ground and we are now pretty much surrounded by new entrants to the area small.

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