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White Cliff Minerals makes major copper discovery at Rae

ASX News, Materials
ASX:WCN      MCAP $56.93M
17 June 2026 15:31 (AEST)

White Cliff continues to find high-grade copper in Nunavut, Canada.

White Cliff Minerals (ASX:WCN) is bringing in a second diamond drill rig to target further ultra-high-grade copper after making another discovery at the Rae project in Nunavut, Canada.

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Assay results from drillhole DAN26015 at Rae, has confirmed a significant new high-grade copper discovery outside the main Teshierpi Fault Zone, returning 79.24m at 1.59% copper from 67.06m including 24.38m at 3.05% copper from 120.4m.

2026 assay results have confirmed a copper mineralised footprint of approximately 3.1km in strike length, whole 2026 visual observations now present a six km strike length of copper sulphides.

MD, Troy Whittaker, said this represents more than half of the geophysical anomaly at Rae.

“DAN26015 is an important result for White Cliff, confirming another high-grade copper discovery outside the main Teshierpi Fault Zone and demonstrating that mineralisation is not confined to a single structure,” he told shareholders.

“We are now seeing copper zones expanding materially around Danvers 1, with new drilling extending the system 462m to the southwest, 686m to the northeast, and identifying a parallel mineralised zone 606m to the north at DAN26022.

“These results are being delivered from wide-spaced drilling into largely untested ground, which speaks directly to both the strength of the Teshierpi copper system and the effectiveness of our targeting.

“With high-grade copper now being discovered around an existing high-grade deposit, and with a second diamond drill rig on site to follow up the ultra-high-grade DAN26012 discovery, we believe Danvers is rapidly emerging as a much larger and more significant copper system than previously understood.”

Initial diamond drilling will target step out from the ultra-high-grade mineralisation at DAN26012.

The drilling is designed to provide critical structural information, support targeting of high- grade zones, assist in determining true widths, and guide future step-out drilling across the expanding Danvers copper system.

Diamond drilling will assist in define the orientation of mineralisation across the new discoveries of 2026, including the high- grade results in drillholes DAN26008, DAN26012 and DAN26015.

Select diamond drillholes will be utilised with oriented core to determine vein orientations – this will inform future drilling orientations for step out and infill drilling.

Scissor drillholes across key 2026 RC drillholes will also help to determine orientation of newly discovered mineralisation.

The company is also designing infill and step out drilling around key 2026 discoveries.

WCN is up 6.98% to 2.3¢. Mkt cap $56.93M.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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