White Cliff Minerals Limited (ASX: WCN) announced that ahead of the upcoming maiden MRE, high-grade gold intercepts including 20m at 4.13 g/t gold, just 2m from surface were uncovered from historic drilling at the King Cole Prospect within the Company’s Reedy South Gold Project in Western Australia.
WCN reported that desktop analysis for maiden Mineral Resource Estimate (MRE) has uncovered significant intercepts from previous RC drilling at the King Cole prospect, Reedy South Gold Project, including 20m @ 4.13 g/t Au from 2m, including 3m @ 11.33 g/t Au from 5m; and 4m @ 9.51 g/t Au from 32m and 2m @ 11.75 g/t Au from 38m.
The company said that the results are from a previous drilling program undertaken by Wakeford Holdings and will form part of the upcoming maiden MRE.
White Cliff said that four samples taken by Auralia Mining Consulting as part of due diligence for maiden MRE near the historical shaft and trench line have been assayed. Significant results included 12.5 g/t Au gold from rock-chip taken within trench; and 1.98 g/t Au gold from waste near Pegasus shaft.
The company said that the maiden MRE is being finalised ahead of the upcoming 2-3,000m RC and diamond drilling program at Reedy South Gold Project.
Reedy South gold project
The Reedy South Gold Project is situated 40km north of Cue, via the Great Northern Highway, and is 80km south of Meekatharra. The project covers 156km2 of the highly prospective Cue goldfields, including 1km of strike along the prolific Reedy Shear Zone (RSZ).
The RSZ hosts the South Emu-Triton Underground Mine and Paddy’s Flat Underground Mine, operated by Westgold Resources.
The Project comprises one granted mining lease (M20/446) covering the historic underground workings of Pegasus and King Cole, and three exploration license applications (E20/969, E20/971 & E20/972).
Historical drilling (1984-2015) at the Reedy South Gold Project has returned numerous high-grade intercepts from Pegasus and King Cole Prospects, including 12m @ 5.26g/t from 34m (PGRC10016); 7m @ 10.86g/t from 30m (PGRC10036); 4m @ 7.68g/t from 36m (PGRC10015); and 5m @ 6.41g/t from 34m (PGRC10018).
Maiden MRE for Reedy South
The mineral exploration company had recently commenced the desktop work as part of the upcoming maiden Mineral Resource Estimate (MRE) being prepared for the Reedy South Gold Project near Cue, Western Australia.
This maiden MRE is being planned ahead of upcoming 2-3,000m RC and diamond drilling program at Reedy South Gold Project. The company said that the MRE will feed into the design of the Company’s first pass drilling program at the Pegasus and King Cole prospects, which will consist of an initial ~2,000m of RC drilling (with potential diamond tails).
WCN said that the MRE is being undertaken by Auralia Mining Consulting and includes the assembling and interpreting of all historical drilling data. White Cliff said that it will also include recent rock chip samples to incorporate into the resource estimate.
Strong historical drilling results from King Cole
The company announced that ahead of the maiden MRE, thick, shallow, and high-grade historical drilling results were uncovered from previous RC drilling at the King Cole prospect at the northern end of the Reedy South Gold Project.
The RC program conducted in year 2010 consisted of four holes. The company has reported significant intercepts including 20m @ 4.13 g/t Au from 2m, including 3m @ 11.33 g/t Au from 5m (H4, 2010); 4m @ 9.51 g/t Au from 32m and 2m @ 11.75 g/t Au from 38m (H3, 2010); 2m @ 2.70 g/t Au from 4m (H2, 2010); and 6m @ 2.68 g/t Au from 15m (H1, 2010).
Rick chip sampling hits gold
WCN said that as part of a due diligence site visit undertaken by Auralia, four grab/rock-chip samples were taken from in and around the Pegasus shaft and trench line.
The company said that the samples were sent to ALS Laboratories Perth, with two of the four samples producing significant results: 12.5 g/t Au (Sample 1) and 1.98 g/t Au (Sample 4).
What’s next?
WCN said that further work would include additional drilling to infill the deposit to upgrade the resource category and also to extend the deposit along strike to the north and south.
Management comments
White Cliff Minerals technical director Ed Mead said: “The results from this small drilling program at King Cole are pleasing for two reasons: the grade (including from near surface) is always great to see, but as importantly, the drilling data provides further evidence that the mineralisation is near vertical at the King Cole and Pegasus prospects.
This is the same as what we can see going on at Triton – South Emu less than 600m up the road, and it gives us confidence of extending known mineralisation at depth through drilling.”
