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- White Cliff Minerals (WCN) has completed a full review of the Midas Copper-Gold Project and has identified 21 targets
- Midas is located in the Paterson Province of Western Australia
- White cliff identified four project areas with eight targets at the Table Top tenement, as well as six target types with 13 high priority first pass targets at Coolbro Creek
- The company was meant to start geochemical sampling at Table Top, however, weather conditions have caused delays
- Following this, sampling and further mapping will commence at Coolbro Creek
- Company shares have dropped 18.2 per cent and are trading for 0.9 cents each
White Cliff Minerals (WCN) has completed a full review of the Midas Copper-Gold Project and has identified 21 targets.
The Midas Project is located in the Paterson Province in Western Australia. The project comprises the Table Top and Coolbro Creek, on the E45/5107 and E45/5112 respective licences.
“The Patersons Province has seen a lot of activity over the last 12 to 24 months, including the great success of Greatland Gold and Newcrest Mining at Haverion,” Technical Director, Edward Mead said.
Midas is situated on major granite dome structures, has highly prospective fault structures and, in the case of E45/5107, boasts significant historical stream sediment sampling and rock-chip sampling programs.
Localised and structural mapping was also undertaken, and the aim was to outline the main structural features of the tenements and locate areas of mineralisation.
E45/5107
The company identified four project areas at E45/5107. These include the Midas Half Graben in the southwest of the tenement, the Northwest Graben in the northwest, the Central Fold Belt in the central parts and the Southeast Fold Belt in the southeast of the tenement.
A total of eight targets have been identified from photo-mapping, two of which are in the Southeast Fold Belt, three at the Central Fold Belt, two at the Northwest Graben and one at Midas Half Graben.
Pleasingly, the Central Fold Belt has shown the presence of gold mineralisation with a historical grading of 2.9g/t gold over two metres being recovered in 1980.
The company has planned a geochemical sampling program to test these targets. The program was supposed to have commenced earlier, however, the weather has caused some delays.
“White Cliff needs to get on the ground and the recent rain that has delayed the geochemical sampling program is frustrating. The company was aiming to utilise a crew already in the area as a way of minimising the costs of the program,” Edward added.
E45/5112
This tenement lies roughly 175 kilometres south-southwest of the major Telfer gold mine.
White Cliff has identified six target types based on their structural and geological setting and 13 high priority targets are planned for follow-up.
In addition to the program at E45/5107, White Cliff is eager to advance E45/5112. This will include geochemical sampling and additional mapping, ahead of first-pass drilling.
Company shares have dropped 18.2 per cent and are trading for 0.9 cents each at 10:40 am AEST.
