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White Cliff Minerals (ASX:WCN) plans drilling after high-grade sample collection at Cracker Jack

Mining
ASX:WCN      MCAP $24.36M
07 May 2021 10:50 (AEST)

White Cliff Minerals (WCN) has reported high-grade rock chips from a sampling program at its Cracker Jack Project in Western Australia.

The samples were collected in March during a first-pass rock chip and soil sampling program across five prospects, which were identified with geophysical surveys and geological mapping in February.

White Cliff said this morning that 10 of the 16 samples taken over a strike length of 350 metres assayed in excess of one gram per tonne of gold, with some results as high as 37.3 grams per tonne.

The assays confirm the presence of a narrow but high-grade system, with further results still to come from the Nallan, McCaskill Hill and Robin Well prospects over the next few weeks.

“The high-grade rock chip results with multiple assays over an ounce a ton of gold, over 350 metres gives a compelling basis for a maiden shallow reverse circulation drill program at Cracker Jack, to test the mineralised quartz veins and stockwork at depth,” said Ed Mead, Technical Director at White Cliff Minerals.

The wholly-owned, 16-square-kilometre Cracker Jack Project forms part of the larger 272-square-kilometre Reedy South Gold Project and represents the southern extension of the Burnakurra Shear Zone (BSZ).

With such promising initial results, White Cliff said it intends to carry out further sampling to the south of the Cracker Jack Project, after which a maiden drill program will be undertaken.

“Planning for a maiden reverse circulation drill program at Cracker Jack is underway and may increase with further positive sampling results over the southern portion,” Mead added.

White Cliff Minerals finished trading yesterday at 1.7 cents per share.

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