White Cliff Minerals Ltd (ASX:WCN) reports a maiden inferred mineral resource of 5.7 million tonnes at 1% nickel and 0.08% cobalt for the Coronation Dam Nickel-Cobalt Project in WA’s Northeast Goldfields.
This maiden nickel and cobalt inferred mineral resource is above a cut off grade of 0.8% nickel and contains 56,700 tonnes of nickel and 4,300 tonnes of cobalt.
The drilling and resource modelling covered a 1.4-kilometre-long section of the prospective ultramafic sequence, which extends for 5.6 kilometres within the tenement.
Immediately north of the inferred mineral resource are several historical drill holes with nickel and cobalt mineralisation greater than 0.8% nickel or 0.05% cobalt.
Oblique view of the inferred mineral resource blocks looking northwest.
The main zone of mineralisation extends over 1.4 kilometres north to south and 750 kilometres east to west.
Vertical thickness of mineralisation ranges from several metres to a maximum of 70 metres with mineralisation starting at surface and dipping shallowly to the west.
The bulk of the higher-grade mineralisation is concentrated within the centre of the deposit, which has only been shallowly drilled in most areas and remains open along strike and at depth.
Coronation Dam, Ghan Well and Coglia Well cobalt and nickel projects.
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White Cliff will conduct preliminary test work on the existing drill samples including beneficiation and leaching prior to considering additional drilling.
Provided the test work is positive, the company will consider a small drilling program aimed at converting the inferred mineral resources to indicated resources.
This drilling will also target the shallow, higher-grade central area of the deposit and investigate the potential for open pit mining.