White Cliff Minerals (ASX:WCN) is a Western Australian based mineral exploration company.
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White Cliff Minerals Ltd to reveal diamond drilling assays from Aucu gold
White Cliff Minerals Ltd (ASX:WCN) has identified three mineralised zones from its first completed diamond drill hole of 2016 at the Aucu gold deposit in the Kyrgyz Republic in Asia.
Assays from this first hole are expected in circa four weeks.
The 150 metre deep hole encountered the zones at depths consistent with high grade gold zones from an adjacent 2015 hole which intersected 3 metres at 41.4 g/t gold, 1 metre at 58 g/t gold and 6 metres at 3.2 g/t gold.
The three mineralised zones measured 4 metres, 5 metres and 2.5 metres long and contained up to 30% sulphides.
Drilling of the second diamond hole has commenced, targeting the same mineralised zones.
The 2016 exploration program is focussed on drilling out the eastern upper gold zone (UGZE) which has an exploration target of 1-2 million tonnes at 15-30 g/t for 500,000 to 1.2 million ounces of gold.
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