Extraordinary grade Copper, Gold and Silver assays received – White Cliff Minerals, NWT
13 August 2024
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First batch rock chip assay results confirm high-grade large-scale potential of Great Bear Lake Project
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Initial assays from Phoenix results include 42.6% Cu, 38.2g/t Au and 310g/t Ag
(August 13, 2024) White Cliff Minerals Limited (“the Company”) is delighted to announce first batch assay results from rock chip samples taken during the maiden field program at Great Bear Lake Project (“Great Bear” or “the Project”), northern Canada. Results confirm widespread high-grade precious and base metal mineralisation associated with multiple IOCG and epithermal systems.
“This initial batch of rock chip assays from Phoenix, the first project area to be sampled due to the proximity to the existing large airstrip at Great bear, has delivered outstanding initial results. Not only have we confirmed the historical results and sample locations, but we have expanded the area of known mineralisation at the project. This first success gives us great optimism regarding the other 4 project areas at Great Bear.
This remote and previously underexplored area has turned out to be a much larger metal rich hydrothermal system than previously thought. Historically seen as a series of sporadic high-grade results, this maiden mapping and sampling programme has confirmed for the first time a continuity and significant lateral extent of the known mineralisation.
Encouragingly Phoenix which is only the first of 5 project areas we have received assay results for, shows all the necessary characteristics of a major high-grade discovery with two major IOCG hydrothermal systems less than 2km apart with high grade epithermal mineralisation interspersed between these two larger areas and along a total strike length of 3.4km.”
“We anticipate continued assays over the coming month from the balance of work undertaken at Great Bear and I look forward to the release of these as they come to hand.