White Cliff Minerals (ASX:WCN) has received the final batch of assay results from rock chip samples taken from the Great Bear Project in northern Canada, returning up to 75,439 grams per tonne silver.
The latest results, which were taken during the maiden field program, confirm “extraordinary” silver grades from epithermal structures and polymetallic results from skarn-style mineralisation.
White Cliff Minerals, which has a market capitalisation of $22.81 million, says at the Silver district results include 7.54% silver; 0.91% silver; and 5.35% silver.
Slider is a newly defined area of interest of at least 1.5km by 1.5km. Further targets within the Slider district exist along southeast-northwest and north-south trending structures.
The company says sample F005606 returned 904g/t silver, 6.51% copper, and 8.06% zinc, and sits immediately adjacent to a “large”, covered topographic depression which may host further mineralisation.
Meanwhile, at the Charlie area, samples returned up to 233g/t silver, 9.82% copper, 1.67% lead, and 2.35% zinc.
Managing Director Troy Whittaker says the team has now delineated six high-grade copper, gold, and silver mineralised districts at Great Bear.
“Results to data have included massive, mineralised contents of 42.6% copper, 42.2% copper, 39.5% copper, 38.2g/t gold, 29.7g/t gold, and 716g/t silver and, now, those results have now potentially been outshone by this silver discovery,” Whittaker says.
“To reel off, with consistency these results in a maiden campaign from around 15-20% of the overall Great Bear Project area is great. If we are able to marry these results and structures up with the recently completed geophysics and prove depth potential, we will be well placed for significant discovery.
“Coming into this campaign, there was a high expectation given what historically had been identified at Great Bear. Pleasingly, we have not only exceeded those historical high-grade assay results, but we have also extended mineralisation in all directions and in some cases into the kilometres as districts are identified.”
Whittaker adds that the Slider district remains underexplored and given the latest results, there is upside for additional high-grade silver structures to exist.
The Silver district lies 10km southwest of the Phoenix regional scale iron-oxide-copper-gold epithermal centres, and comprises 3 sub areas which host epithermal precious metal mineralisation.
Meanwhile, the Charlie area hosts polymetallic, potassic skarn mineralisation which was sampled over a 55m strike length northwest-southeast and covering a 10m thickness.
White Cliff Minerals is a diversified mineral explorer focused on its Canadian and Australian portfolio considered prospective for uranium, copper, gold, rare earths, nickel, and lithium.
Write to Aaliyah Rogan at Mining.com.au
Images: White Cliff Minerals
