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Mining

White Cliff Minerals to start Western Australia nickel drilling

White Cliff Minerals (ASX: WCN) expects to start drilling at its Lake Johnston nickel project in Western Australia in early April 2013, after finalising the drilling contract.

The Phase Two drilling program drilling will initially target three category one electromagnetic conductors with coincident nickel-copper soil anomalies at the Mt Gordon Prospect.

These all sit on or adjacent to the basal contacts of ultramafic lava flows, the preferred location for nickel sulphide accumulations.

White Cliff will drill four holes for about 1,000 metres with holes ranging from 200 metres and 300 metres deep.

This is partly funded by the Western Australian Government’s Royalty for Regions Exploration Incentive Scheme which will contribute $150,000 towards the drilling at Mt Gordon.

Once drilling at Mt Gordon is completed, the company will move to test four further conductors at the Lake Percy prospect for a total of about 1,000 metres.

Two of the four conductors sit on the basal contact on the central ultramafic unit which hosts the Norilsk Maggie Hays and Emily Anne nickel mines 30 kilometres to the south.

All four have nickel, copper and/or platinum group soil anomalies associated with them.

White Cliff has also completed a 235 sample soil geochemistry survey at Mt Glasse to establish the extent and intensity of the surface nickel, copper and platinum-palladium anomalies identified in historical surveys.

It has since started a new moving loop ground geophysical survey and plans to start its Phase Three drilling program in mid-2013.

White Cliff is poised to complete a $1.6 million placement after securing shareholder approval earlier this. This will leave it well funded for its exploration activity.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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