White Cliff Minerals Ltd (ASX:WCN) has received encouraging drilling results from its 100%-owned Coglia Well cobalt-nickel project near Laverton in the Western Australian goldfields.
Significant cobalt-nickel mineralisation has been identified in several consecutive holes extending across a width of 800 metres, with assay results including:
• 17 metres at 0.11% cobalt and 1.01% nickel from 78 metres;
• 10 metres at 0.04% cobalt and 0.3% nickel from 43 metres; and
• 16 metres at 0.04% cobalt and 0.3% nickel from 45 metres.
READ: White Cliff Minerals focuses on cobalt projects, maximising value while commodity price soars
White Cliff managing director Todd Hibberd said: “The second batch of assay results from the Coglia cobalt project has identified more cobalt and nickel mineralisation that is 10-20 metre thick and up to 1000 metres wide.
“The width and thickness of the mineralised layer is very encouraging considering these results are 3 kilometres north of the previously released results suggesting that the deposit has good length continuity.
“Interestingly, the results are associated with copper anomalies suggesting that there may be a sulphide component to the mineralisation.”
READ: White Cliff Minerals drills out near-surface cobalt and nickel
Further assay results are due shortly for the southern two lines that if mineralised will confirm the grade and scale of the cobalt and nickel mineralisation identified in previous drilling.
White Cliff will then commence metallurgical test work to evaluate processing methods and economics.
READ: White Cliff Minerals commences drilling cobalt targets at Coronation Dam
Last month, the company started drilling cobalt targets at its Coronation Dam Project in Western Australia.
Drilling is targeting zones with historical drill intersections featuring 16 metres at 0.42% cobalt and 1% nickel from 20 metres.