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White Cliff Minerals (ASX:WCN) set to commence drilling at Reedy South

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ASX:WCN      MCAP $24.36M
17 February 2021 10:00 (AEST)
White Cliff Minerals (ASX:WCN) - Technical Director, Ed Mead

Source: Artemis Resources

White Cliff Minerals (WCN) has announced reverse circulation (RC) drilling is ready to recommence at the Reedy South Gold Project.

The Reedy South Gold Project covers 272 square kilometres across the prospective Cue goldfields on the southern portion of the prolific Reedy Shear Zone. More broadly, this lies within the Meekatharra Wydgee greenstone belt in Western Australia.

The program will consist of five deep holes for 1400 metres, targeting depth extensions of the known mineralisation and mineral resource estimate.

Promisingly, the mineralisation has been shown to extend to at least 125 metres below surface, remaining open at depth.

This follows on from the first phase of the drilling program, which indicated mineralisation at the King Cole and Pegasus prospects extends to at least 125 metres below surface when drilling first began in November 2020.

The company undertook an extensive database review across Reedy South, which incorporated the recent airborne survey results, and identified three key target areas across five new prospects, including Reedy Extended, Cracker Jack, McCaskill Hill, Robin Well and Nallan.

“The key point is that the results of the geophysical review have shown that there are large areas of favourable magnetics for gold mineralisation, that have never been tested with modern exploration. The results of the airborne magnetic and radiometric survey, geological interpretation, and data review have produced three well-defined target areas that contain five prospects,” said Technical Director Ed Mead.

“Off the back of this work, we then intend to undertake RC drilling, targeting the sheared mafics and BIFs, which are known to host gold in the area.”

White Cliff Minerals are in the grey, trading at 1.8 cents at 10:20 am AEDT.

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