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Mining

White Cliff Minerals to divulge project acquisition

White Cliff Minerals' (ASX: WCN) is preparing to reveal details of the acquisition of majority interest in an exploration project, with the ASX granting the company a trading halt this morning.

White Cliff's shares are now in pre-open.

The company has recently been focussing on the Kyrgyz Republic, where it made a copper-gold discovery at the Chanach project.

Channel rock chip sampling delivered: 7 metres at 3.83% copper and 30.1g/t gold.

The halt will remain in place until the opening of trade on Thursday 13th February 2014, or earlier if an announcement is made to the market.

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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