White Cliff Minerals Ltd (ASX:WCN) has received another batch of assays from its 5,000-metre reverse circulation (RC) drill program at the Coronation Dam project in Western Australia.
Highlights include 24 metres at 0.19% (1,900 ppm) cobalt and 1.2% nickel from 8 metres depth.
READ: White Cliff Minerals discovers 550-metre wide cobalt zone at Coronation Dam
White Cliff’s managing director Todd Hibberd said: “Further assays at Coronation Dam continue to demonstrate the high-grade nature of the cobalt mineralisation.
“The mineralised zone is now over 200 metres long, 400 metres wide and up to 56 metres thick (average 25 metres).
“Further assay results should be available shortly and on receipt of the final drilling results the company will be in a position to select samples for metallurgical testing.”
Located near mining infrastructure
Coronation Dam is surrounded by world-class mining infrastructure and multiple operating mines.
It is located 90 kilometres south of Glencore’s Murrin Murrin mining operation and 45 kilometres south of GME Resources’ proposed Mt Kilkenny nickel-cobalt processing facility.
Existing drilling has only partly tested the mapped ultramafic unit at Coronation Dam, indicating there is potential to identify significant additional mineralisation.
The proximity of Coronation Dam to the Murrin Murrin nickel refinery is likely to have a positive impact on the possibility of economic development of both the cobalt and nickel mineralisation.
Further assays expected shortly
Highlights from the latest batch of assays includes:
• 24 metres at 0.19% cobalt and 1.2% nickel from 8 metres;
• 8 metres at 0.16% cobalt and 1.0% nickel from surface;
• 56 metres at 0.06% cobalt and 0.90% nickel from 20 metres;
• 32 metres at 0.05% cobalt and 0.80% nickel from 44 metres; and
• 4 metres at 0.24% cobalt and 1.53% nickel from 76 metres.
The remaining assays from the 5,000-metre program are expected shortly.