White Cliff Minerals (ASX:WCN) continues to deliver bonanza gold grades from drilling at Aucu with a stunning 8 metres at 55.2 g/t gold intercept that was returned from just 76 metres depth from the Upper Gold Zone.
Just when you thought it could not get any better, it did - a 1 metre at 89.9 g/t gold interval. This is the fourth hole that has produced over 1 ounce per tonne gold results from this program at Aucu.
The upper gold zone outcrops at surface and contains visible gold.
With the results for another 8 reverse circulation drill holes still to come, the bonanza grades could very well continue.
Even more telling, drilling has only tested to 100 metres depth, the structure could be mineralised to 500-800 metres deep.
With today's results, it extends the high grade upper gold zone to over 1.3 kilometres along strike which is still open in both directions.
There is still 1,800 metres for White Cliff to drill test.
Previous results included 4 metres at 59.9 g/t gold from 66 metres, including 1 metre at 189 g/t gold and 2 metres at 43.5 g/t gold from 86 metres.
Clearly, the previously reported gold resource for Aucu of 156,000 ounces at 4.2 g/t gold is set to increase, significantly.
Analysis
With today's results and extension of the high grade upper gold zone to over 1.3 kilometres along strike which is still open in both directions plus the exposed gold visible at surface and the greater Aucu gold system could be over 3 kilometres - adds credence to the hypothesis that Aucu is a multi-million ounce deposit in the making.
Further assays are due from the remaining 8 holes for this current reverse circulation program at Aucu.
Drilling has only tested to 100 metres depth, the structure could be mineralised to 500-800 metres deep.
First step is to achieve a 1 million ounce resource base next year and build from there.
However, it is not just about Aucu. White Cliff is to commence drilling at the highly regarded Merolia Nickel Project in early January 2016 in Western Australia where there are 5 handily high impact drill targets with a similar geological setting to the Nova Bollinger discovery made by Sirius ready to be drilled.
Assays from that nickel drilling should be known in February.
Gold drilling will also commence at White Cliff's Ironstone project in Western Australia in February.
By which time, planning for targets for the 2016 drill program at Aucu will be well underway.
So while Aucu is the crowd stopper, don't discount the upcoming nickel and gold exploration in Western Australia.
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