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Resources Top 5: White Cliff turns heads with ‘globally significant' copper hit in Canada
Resources Top 5: White Cliff turns heads with ‘globally significant' copper hit in Canada

News.com.au

time06-05-2025

  • Business
  • News.com.au

Resources Top 5: White Cliff turns heads with ‘globally significant' copper hit in Canada

White Cliff Minerals has returned 175m at 2.5% copper from 7.6m at its Rae copper project in Canada Planning is underway by Albion Resources for maiden drilling expected in June Hydrogen concentrations up to 96.1% have been confirmed at the Nemaha project in Kansas Your standout resources stocks for Tuesday, May 6, 2025 White Cliff Minerals (ASX:WCN) Assays from RC drilling have turned plenty of heads and flagged a globally significant copper intersection for White Cliff Minerals of 175m at 2.5% copper from 7.6m at its Rae copper project in Canada, with investors driving shares as much as 52.2% higher to 3.5c. As well as representing a high of almost seven years, more than 462m shares changed hands valued at almost $14m and WCN was one of the best performers among ASX small cap stocks. The Rae project is home to a number of historical non-JORC and 'blue sky' resource estimates, as well as up to 64.02% copper from rock chip assays indicating widespread outcropping copper throughout the 805km2 licensed area. It represents a district-scale opportunity at the pre-discovery stage, underpinned by the presence of high-grade volcanic-hosted copper-silver lodes and the prospect of a large tonnage sedimentary hosted copper deposit. New assay results have confirmed and validated the company's strategy to explore previously untested high-grade zones and vertical depth extension of mineralisation at the Danvers deposit. Highlights from hole DAN25008 include 175m at 2.5% copper and 8.66g/t silver from 7.6m, including 14m at 7.55% copper and 25.8g/t silver from 138m. Significantly, the last 60m of the hole averaged 3.9% copper and 14.96g/t silver to final depth of 182.88m and the hole ended in mineralisation with the last 1.5m sample recording 4.46% copper and 11.58g/t silver, open at depth. Another hole, DAN25001, returned 52m at 1.16% copper and 3.43g/t silver from surface, including 7.6m at 3% copper and 9.5g/t silver from 18.28m. White Cliff Minerals (ASX:WCN) said the drilling demonstrated the potential for significant expansion to the historical non-compliant resource, with the data to feed into a maiden JORC 2012-compliant mineral resource. 'We believe this drill hole ranks among the most significant copper intersections globally within the last 50 years and comfortably sits within the top 10 globally reported 'grade-metre' copper results,' WCN managing director Troy Whittaker said. 'With our work updating the geological understanding at Danvers, we adapted our drill targets and DAN25008 resulted in mineralisation at least 30 metres below historical limits, with the hole terminating in high-grade copper mineralisation – suggesting considerable additional potential at depth. 'The increase in grade toward the bottom of the hole is encouraging and is validation of our methodology. 'To illustrate the magnitude of this result, the DAN25001 intercept of 52m at 1.2% copper – a strong result in its own right – now appears modest when viewed alongside the 175m at 2.5% copper from DAN25008. 'In the context of global copper supply constraints, the company is well positioned to leverage these results with mineralisation from surface, supporting potential open pit mining activities and an open water port less than 80km from the deposit.' Follow up diamond drilling is being planned to drill out the mineralisation boundaries at Danvers, while the next five assays along strike from DAN25008 are due in the coming weeks. Albion Resources (ASX:ALB) Albion Resources has received a shot in the arm ahead of upcoming drilling as it hopes to unearth a major greenfields discovery at the West Yilgarn project in WA's Yandal gold province with shares as much as 9.2% higher to 6c. A dipole-dipole induced polarisation survey has identified two high-priority targets at the underexplored project. Chargeability anomalies at Collavilla East and West begin near surface and extend to at least 300m, suggesting Albion Resources (ASX:ALB) has the potential to find something of significant scale close to surface in the historically significant WA gold district. Historical rock chip sampling provides evidence of the presence of precious metals with assays ranging up to 23.3g/t and 0.6g/t, while Collavilla East sits beneath a 70m gold-bearing quartz reef mapped in 1983 by Northpac Exploration which graded up to 6g/t in parts. Also providing strong encouragement is the deep resistivity feature that suggests an intrusive source beneath both prospects. That is the kind of geological feature key to the most recent large gold finds in WA, the 11.2Moz Hemi and 6Moz Gruyere. There's more to come before drilling takes place. Soil assays are on their way, with onsite ground truthing and rock chip sampling due in mid-May and heritage surveys and approvals anticipated for Yandal West in late-May. Drill targets will then be prioritised ahead of the maiden campaign expected in June. 'We're very excited by the latest DDIP results, which have delivered high-priority, walk-up drill targets at Collavilla East and West,' Albion CEO Peter Goh said. 'The combination of strong geophysical anomalies, historical high-grade rock chips, and the presence of a mapped gold-bearing reef gives us real confidence in the potential of the system. The team is energised as we move toward our maiden drill campaign at Yandal West.' Located in the Yandal Greenstone Belt, ALB holds 61km2 of ground 55km north of Northern Star's Bronzewing gold mine and 60km south of its Jundee gold mine, a multi-million ounce province producing around 300,000ozpa. The region is, however, remote and remains underexplored as underlined by the success of neighbour Yandal Resources (ASX:YRL), which drew serious investor interest last year with the Siona gold discovery 20km southeast of Yandal West – 107m at 1g/t Au from 96m to end of hole. The upcoming drill program could not be better timed, with gold prices sitting at better than US$3300/oz and more than $5000/oz in Aussie dollar terms. HyTerra Limited (ASX:HYT) Strong progress is being made by HyTerra at the Nemaha hydrogen and helium project in Kansas and this is being rewarded with an increase in shares of 14.71% to a daily high of 3.9c. Laboratory analysis has confirmed hydrogen concentrations up to 96.1% within mud samples recovered from the Sue Duroche-3 well. The results validate historical occurrences of up to 92% hydrogen measured in the Sue Duroche-2 well that was drilled in 2009 while the mud log readings at various depths indicate the presence of a hydrogen play in this area. Adding further interest for Fortescue-backed HyTerra (ASX:HYT), elevated helium readings were also visible on the mud gas logs while drilling into the Pre-Cambrian basement. Corresponding samples are included in the remaining mud gas samples being sent to independent laboratories for verification and quantification. Sue Duroche-3 was drilled to a total depth of 3453ft (1052m) on time and on budget with the company planning a re-entry of the wellbore for downhole sampling and gas monitoring. 'To achieve some of the highest hydrogen concentrations ever seen in our first well is a great start,' executive director Benjamin Mee said. 'The company is looking forward to receiving the rest of the gas sample results from the labs. 'We are also pleased to see strong collaboration between HyTerra and local contractors to ensure efficient, safe delivery but also have the conviction to trial new techniques that will keep HyTerra at the forefront for unlocking natural hydrogen potential adjacent to markets.' Sun Silver (ASX:SS1) Phase 1 metallurgical testwork is set to begin at the Maverick Springs silver-gold asset in Nevada, US, as Sun Silver (ASX:SS1) aims to enhance recoveries and fine-tune processing strategies. Armed with a metallurgical review by SGS's Independent Metallurgical Operations, which confirmed the project's silver and gold recovery potential and identified opportunities to enhance processing efficiency, the company hopes tests will support the ongoing advancement of Maverick Springs. Previous testing by Newmont (2002), Vista Gold and Silver Standard Resources (2004, 2006) reinforced the recovery potential at Maverick Springs with outcomes including: Fine particle cyanide leach tests achieved silver recoveries up to 97.5% (2004) and 90.5% (2006), with gold recoveries up to 91.1% (2004) and 95.8%; Identified that higher cyanide dosages significantly improved silver extraction efficiency; and While flotation testing varied considerably, silver recoveries up to 83.7% were delivered with potential for further improvement through enhanced reagent selection and retention time adjustments. SS1 recently upgraded the resource at its flagship Maverick Springs project by 57Moz silver equivalent to 480Moz at 68.29g/t AgEq. This increase was driven by the 2024 drill campaign, which comprised ~7,500 metres of drilling for a total cost of $3.3 million – equating to a discovery cost of $0.058 per silver equivalent ounce. New resource modelling has also highlighted the potential for extensive mineralisation at- or near-surface in the southern part of the deposit, opening up new development opportunities and enhancing future production potential. Shares have reached 70c, an 8.6% increase on the company's previous close. Dateline Resources (ASX:DTR) Enjoying a bullish run is Dateline Resources which has risen from 0.9c on May 2 to 3.8c on May 6 topped off with a 73% lift from Monday's close and with more than 369m shares changing hands. The latest push comes after the company on Monday said that preparations were underway ahead of a rare earth elements focused drilling campaign at the Colosseum Mine in California. A detailed drilling plan will be finalised within one month and drilling contractor quotations will be sought immediately after. Colosseum Mine is in San Bernardino County just a few miles north of the world-class Mountain Pass rare earth mine, positioning it in a highly prospective REE region. Renowned REE geologists Dr Anthony Mariano and Tony Mariano have confirmed their availability to lead, design and guide the company's REE exploration program. The REE program will be carried out contemporaneously with DTR's planned gold feasibility study at Colosseum. 'The commencement of drilling preparations at Colosseum marks the start of an exciting new chapter for Dateline,' managing director Stephen Baghdadi said. 'We have built a strong foundation over the past three years, mapping rare-earth-rich fenites over considerable distances and pinpointing compelling targets with our gravity survey. 'Now, with drill planning being finalised, we are eager to test the potential of what could be a very significant rare earth system. 'It's especially gratifying to launch this program with the wind at our backs: we have the world's foremost rare earth experts guiding our exploration, and we've received clear confirmation from the US Government that we can pursue these development and funding opportunities fully.' This article does not constitute financial product advice. You should consider obtaining independent financial advice before making any financial decisions. While White Cliff Minerals, Albion Resources, HyTerra and Sun Silver are Stockhead advertisers, they did not sponsor this article.

Resources Top 5: 58m at 3.08pc copper not to be sneezed at for White Cliff
Resources Top 5: 58m at 3.08pc copper not to be sneezed at for White Cliff

News.com.au

time30-04-2025

  • Business
  • News.com.au

Resources Top 5: 58m at 3.08pc copper not to be sneezed at for White Cliff

A thick high-grade copper intersection at the Rae project in Canada has seen WCN shares rise Jindalee Lithium jumps more than 50% on quarterly report Koonenberry Gold made it six-for-six at Enmore with visual gold hits Your standout small cap resources stocks for Wednesday, April 30, 2025. White Cliff Minerals (ASX:WCN) A 58-metre intersection grading 3.08% copper is not to be sneezed at for White Cliff Minerals and comes at a time when explorers around the world are seeking new sources of the critical red metal with second-to-none electrification and conductive qualities. Demand is already strong and this is only going to increase as the push for cleaner and greener energy solutions, including electric vehicles and renewable energy, gathers considerable momentum, putting a strain on existing supply sources and necessitating the need for new mines. White Cliff's Rae project in the Nunavut region of northwest Canada represents a potential new source and the first assay results from a reverse circulation drilling campaign provide the company with plenty of optimism. Following visual confirmation of copper in the first three holes, the 58-metre hit from 52 metres at Danvers prospect also includes 13.3g/t silver with a higher-grade intersection of 18m at 5.21% Cu and 22.33g/t Ag from 69m. It seems investors have also taken notice of the impressive result with shares as much as 16% higher to 2.2c on volume of more than 43 million. Shares moderated to 2c, a 5.3% gain, at the close. Since April 9, WCN securities of the $30m company have risen from 1.3c. The result is from the first batch of assays from a 25-hole maiden drilling campaign for 4000m and complement the company's previous rock chip assays at surface. This program targeted multiple high-priority areas including the massive Hulk sediment-hosted copper target and the Danvers volcanic-hosted breccia system. WCN is optimistic that results from the remainder of drilling and field sampling at this prospect to the southeast of the primary Rae target zone will also be encouraging. Managing director Troy Whittaker said the assays marked an 'important inflection point' for the company. 'All the hard work to date, which includes desktop review of historical showings, field sampling and aerial geophysics has ultimately led us to these results, which pleasingly, couldn't have kicked off more strongly," he said. 'The first holes at Danvers were all about orienteering and exploration to identify the mineralisation, so therefore, having the first assay produce an intersection of just shy of 60 metres at more than 3% is an outstanding way to kick off the results and reporting. 'Complementing our remarkable rock chip assays at surface, this assay now provides down hole proof of high-grade copper mineralisation in the system. 'Whilst incredibly impressive, it is our belief that these results set the scene for what's to come, because as we saw, based on the field observations – post the early holes, the team on site really dialled into the geology." Copper futures in the US climbed to $4.90 per pound in late April, marking a 20% rise since April 9 when the US halted a series of reciprocal tariffs. With the copper market on course for long-term supply shortfalls, there is a premium on any new discoveries. Jindalee Lithium (ASX:JLL) Despite lithium's well-documented woes, Jindalee Lithium has been a star performer in April, bolstered by the initiatives of the US Government to boost domestic production of critical minerals. Progress is being made at the 100%-owned McDermitt lithium project straddling the Oregon and Nevada border in the US as outlined in a positive quarterly report. Shares rose up to 51.22% to a daily high of 62c, just shy of the 12-month high of 63c, and since April 14 have risen from 21.5c. Achievements during the quarter include the release for public comment of the environmental assessment for the McDermitt EPO and the engagement of corporate advisers to accelerate the partnering process for the project. The company also raised $2.75m from the sale of a non-core asset to help fund activities at McDermitt. Subsequent to the end of the quarter, McDermitt was named as one of 10 mining projects across the US to be granted FAST-41 'Transparency Project' status. FAST-41 is a legislatively established process for improving federal agency coordination and timeliness of environmental reviews for infrastructure projects, as established by Title 41 of the Fixing America's Surface Transportation Act. The permitting progress of the initial 10 can be publicly tracked, part of what the Trump administration calls a push for greater transparency and faster permitting. Many more projects are expected to be added to the list on a rolling basis over the next few weeks. One of the primary barriers to unlocking America's mineral wealth is the lengthy and often duplicative permitting process, which can stretch seven to 10 years for a single mine. In contrast, countries like Australia and Canada complete permitting in as little as two to five years. This permitting gridlock discourages domestic production, drives up costs for American manufacturers and increases dependence on foreign adversaries. 'Being named among the first 10 FAST-41 Transparency Projects validates McDermitt's strategic importance to US mineral security' Jindalee's CEO Ian Rodger said. 'Inclusion on the Federal Permitting Dashboard highlights our project's national significance, offering greater transparency and federal support to advance our Exploration Plan of Operations (EPO), currently in the final stages of National Environmental Policy Act (NEPA) review with an Environmental Assessment recently published for public comment. 'Once approved, the EPO will allow further on-site activity, including drilling to provide additional geological and environmental data, as well as fresh samples for geotechnical studies and further metallurgical test work. 'Jindalee remains committed to developing McDermitt transparently and responsibly, collaborating closely with federal and state agencies to realise this critical US lithium asset's full potential.' Koonenberry Gold (ASX:KNB) It has been a stellar few weeks for Koonenberry Gold, with shares roughly doubling from the close of 3.9c on April 9 due to a string of impressive results from the Enmore project in northeast NSW. News that more visible gold has been returned from the sixth diamond hole at Sunnyside prospect, making it six-for-six, has seen securities increase up to 18% to a daily high of 7.9c with more than 27 million changing hands. They closed up 13.4% at 7.6c. The highest grade assay to date is 5 metres at 11.09g/t gold within 172.9m at 2.07g/tin the second hole with assays from the fourth and fifth holes expected in May and June respectively. Hole six has demonstrated that mineralisation extends from surface to 300 metres vertically, 80 metres laterally and 40 metres along strike of the zone reported in assays of up to 102m at 1.10g/t from the third hole. Despite the project's location in the New England Fold Belt, which has an endowment of more than 35Moz of gold, Enmore remains relatively unexplored. The belt is home to several large gold deposits including the 8Moz Ravenswood mine and the 2.5Moz Cracow mine while Enmore is only about 20km from the 1.7Moz Hillgrove gold and antimony mine. 'Our inaugural program has now, quite remarkably, intersected visible gold in SIX out of SIX holes,' KNB managing director Dan Power said. 'In addition, we have commenced hole 007, which is a 40m step out to the southwest of hole 006 as we continue to systematically test the size and continuity of the system at Sunnyside.' Latitude 66 (ASX:LAT) With a primary focus on the flagship KSB gold-cobalt project in Finland, Latitude 66 has delivered a positive report for the March quarter resulting in a 17% increase in its share price to 6.2c. A linchpin of the report was a robust scoping study which puts the company in a prime position to take advantage of growing gold and cobalt demand. The study highlights an economic, standalone operation with expansion potential. Gold production is expected to underpin the economic stability of the cobalt supply with the metal defined as a strategic mineral under the Critical Raw Materials Act (CRMA) and a critical mineral by NATO, essential for batteries, defence and aerospace components. The study was based on the existing mineral resource base of 7.2Mt at 2.7g/t gold and 0.08% cobalt for 650,000oz gold and 5840t cobalt using conventional, low-risk open pit mining and free-milling gravity and Carbon in Leach (CIL) processing. It outlines a 7.2-year mine life with average LOM production of about 65,000oz of gold annually and 465t of cobalt. Base case past-tax NPV was approximately US$310m and post-tax IRR was 74% using US$2500/oz gold. Using $3000/oz the NPV increased to about US$433m and IRR to 98%. The study was followed by a trial RC drill run on two prospects at KSB that intersected sulphides related to high-grade gold and copper surface samples during a trial RC drill run on two prospects at its KSB North flagship in northern Finland. At KSB North the drilling tested geophysical and geochemical targets, and struck disseminated sulphides from 4m at K64 prospect over a 16m downhole interval. The intensity and width of the sulphides was enough to generate an IP anomaly and are potentially related to high-grade surface boulder results of up to 8.8g/t gold and 0.6% copper, both of which have potential to add to cobalt resources. AusQuest (ASX:AQD) During the March quarter, assay results from the maiden drilling program at the Cangallo Project in Peru were centre stage for AusQuest, defining a significant new greenfields copper-gold discovery. Planning for further exploration at the Peruvian and Australian projects was a focus during the quarter, following a placement that raised $7.5 million to facilitate an active drilling program in 2025. In Peru, interpretation of drill results from Cangallo was completed following the success of the maiden drilling program. Significant results include: 348m at 0.26% copper and 0.06ppm gold from 6m; 188m at 0.28% Cu, 0.07ppm Au from 214m; 154m at 0.37% Cu, 0.06 ppm Au from 36m; 136m at 0.24% Cu, 0.06ppm Au from 230m; 226m at 0.22% Cu, 0.07ppm Au from 4m; and 304m at 0.30% Cu, 0.06ppm Au from 34m. Modifications to drill permits were also made given the company's enhanced understanding of the geology and the need to optimise drill sites ahead of stage 2 drilling. Drill permitting for the Lantana and Playa Kali prospects also continued so that drilling at these prospects can take place this year. In Australia, planning for the upcoming drill programs at Balladonia and Morrisey, plus geophysical surveys at Coober Pedy and the presentation of the Mt Davis results to South32, were the main focus for the company during the quarter. Shares reached 6.7c, a 19.7% increase on the previous close.

WCN just scratching the surface at Great Bear
WCN just scratching the surface at Great Bear

The Australian

time28-04-2025

  • Business
  • The Australian

WCN just scratching the surface at Great Bear

WCN spots multiple anomalies to back high-grade surface samples at Great Bear Project sits in prospective uranium, copper and gold region in Canada Drilling also underway at nearby Rae copper project Special Report: White Cliff Minerals has found multiple, large-scale anomalies coincident with high-grade copper, gold, silver and uranium surface samples at its Great Bear project in Canada. The project is close to significant historical mining operations such as the Eldorado, Echo Bay and Contact Lake mines that produced uranium, copper, gold and silver and world-class silver mines like Bonanza and El Bonanza. It's a proven area, producing (pre-1982) around 13.7Mlb of uranium oxide, 34.3Moz of refined silver, 11,377,040lb of copper, 127,000kg of nickel, 227,000kg of cobalt and 104,000kg lead. It's also one of Canada's largest uranium districts and because of that, White Cliff Minerals (ASX:WCN) reckons the significant copper and gold potential of Great Bear has been overlooked. Data from a MobileMT survey last year has identified multiple untested anomalies and targets for IOCG (gold, copper, silver and uranium) and epithermal (high-grade gold and silver) types of mineralisation. At the Phoenix deposit, a large coherent anomaly coincides with surface samples of: 38.2g/t gold and 76.5g/t silver 29.7g/t gold and 121g/t silver 42.6% copper, 2.28g/t gold and 159g/t silver At Coyote, a discrete high intensity anomaly overlays previous results of 17.4g/t gold, 16.95g/t gold and 10.55% copper within a 5km2 collapsed caldera in an area that a Canadian state survey previously identified as having the highest potential for IOCG in Canada. And at Viper – another area identified as being IOCG prospective – a large conductive anomaly has been identified extending from surface to a depth of more than 1400m demonstrating clear potential for large-scale IOCG style mineralisation. WCN also flagged a new, high-priority target 7.9km southeast of Viper, along the Contact Lake fault, which covers an area almost geologically identical to the historical Eldorado and Echo Bay mines, both of which produced large quantities of uranium and silver. Just scratching the surface at Great Bear While maiden drilling is underway at the company's nearby Rae copper project, Southern Geosciences interpreted the aerial geophysical data from Great Bear, providing a pipeline of targets for the company to investigate in drilling this year. Managing director Troy Whittaker said the independent validation of sub-surface geophysics really bolstered last year's maiden field campaign which saw substantial and high-grade mineralisation at surface. 'At Great Bear, a pipeline of targets now exists with robust gold, copper, silver and uranium geophysical signatures for follow up, with drill targets to be defined alongside further ground truthing of the project which covers over 110km north-south of the proven mineral producing Great Bear Magmatic Zone,' Whittaker said. 'This project is starting to develop into a greater regional play, where we have a substantial tenure holding. 'It is important to bear in mind that we have only scratched the surface in the central area to date. 'With our recently announced exploration agreement with the Délı̨nę Got'ı̨nę Government we are looking forward to how this project can complement the ever increasing potential at our Rae copper project.' Drilling is ongoing at Rae, where earlier this month the company announced that extensive sulphides were observed in step-out drilling , pointing to copper mineralisation at the project. This article was developed in collaboration with White Cliff Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

WCN just scratching the surface at Great Bear
WCN just scratching the surface at Great Bear

Mercury

time28-04-2025

  • Business
  • Mercury

WCN just scratching the surface at Great Bear

WCN spots multiple anomalies to back high-grade surface samples at Great Bear Project sits in prospective uranium, copper and gold region in Canada Drilling also underway at nearby Rae copper project Special Report: White Cliff Minerals has found multiple, large-scale anomalies coincident with high-grade copper, gold, silver and uranium surface samples at its Great Bear project in Canada. The project is close to significant historical mining operations such as the Eldorado, Echo Bay and Contact Lake mines that produced uranium, copper, gold and silver and world-class silver mines like Bonanza and El Bonanza. It's a proven area, producing (pre-1982) around 13.7Mlb of uranium oxide, 34.3Moz of refined silver, 11,377,040lb of copper, 127,000kg of nickel, 227,000kg of cobalt and 104,000kg lead. It's also one of Canada's largest uranium districts and because of that, White Cliff Minerals (ASX:WCN) reckons the significant copper and gold potential of Great Bear has been overlooked. Data from a MobileMT survey last year has identified multiple untested anomalies and targets for IOCG (gold, copper, silver and uranium) and epithermal (high-grade gold and silver) types of mineralisation. At the Phoenix deposit, a large coherent anomaly coincides with surface samples of: 38.2g/t gold and 76.5g/t silver 29.7g/t gold and 121g/t silver 42.6% copper, 2.28g/t gold and 159g/t silver At Coyote, a discrete high intensity anomaly overlays previous results of 17.4g/t gold, 16.95g/t gold and 10.55% copper within a 5km2 collapsed caldera in an area that a Canadian state survey previously identified as having the highest potential for IOCG in Canada. And at Viper – another area identified as being IOCG prospective – a large conductive anomaly has been identified extending from surface to a depth of more than 1400m demonstrating clear potential for large-scale IOCG style mineralisation. WCN also flagged a new, high-priority target 7.9km southeast of Viper, along the Contact Lake fault, which covers an area almost geologically identical to the historical Eldorado and Echo Bay mines, both of which produced large quantities of uranium and silver. Just scratching the surface at Great Bear While maiden drilling is underway at the company's nearby Rae copper project, Southern Geosciences interpreted the aerial geophysical data from Great Bear, providing a pipeline of targets for the company to investigate in drilling this year. Managing director Troy Whittaker said the independent validation of sub-surface geophysics really bolstered last year's maiden field campaign which saw substantial and high-grade mineralisation at surface. 'At Great Bear, a pipeline of targets now exists with robust gold, copper, silver and uranium geophysical signatures for follow up, with drill targets to be defined alongside further ground truthing of the project which covers over 110km north-south of the proven mineral producing Great Bear Magmatic Zone,' Whittaker said. 'This project is starting to develop into a greater regional play, where we have a substantial tenure holding. 'It is important to bear in mind that we have only scratched the surface in the central area to date. 'With our recently announced exploration agreement with the Délı̨nę Got'ı̨nę Government we are looking forward to how this project can complement the ever increasing potential at our Rae copper project.' Drilling is ongoing at Rae, where earlier this month the company announced that extensive sulphides were observed in step-out drilling , pointing to copper mineralisation at the project. This article was developed in collaboration with White Cliff Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as White Cliff Minerals flags promising Great Bear anomalies

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