White Cliff Minerals (ASX:WCN) has commenced a fascinating exploration program targeting high grade copper and gold zones at the Chanach project in the in the Kyrgyz Republic.
The trenching program will target extensions to the high grade Aucu copper and gold discovery identified in 2013.
This produced results such as: 7 metres at 3.83% copper and 30.1 g/t gold; 10 metres at 1.73% copper including 1 metre at 106 g/t gold; and 9 metres at 6.03 g/t gold.
It understandably provided significant encouragement for a follow up program.
Initial trenching results are expected in early July so there is a pipeline of news flow ahead.
This program will consist of 2,000 metres of trenching surrounding these high grade zones.
Earthworks to establish access tracks and drill pads are underway.
An exploration field crew has mobilised to the project site, established the field season camp and expect to commence trenching activities later this week.
The initial program will focus on defining the length, width, orientation and dip of the mineralised zones.
It will consist of a series of trenches spaced 50 to 100 metres apart along the strike length of the interpreted fault system, either side of the three mineralised zones already identified (Figures 1, 2 and 3).
The aim is for the trenching to define the strike and dip of the mineralised zones so targeted follow up drilling can be conducted.
It is anticipated that at least 3,000-5,000 metres of reverse circulation drilling will be required to define the nature and scale of the mineralisation.
Drilling is anticipated to commence in early August.
Managing director Todd Hibberd said, “We are very pleased to have commenced the highly anticipated 2014 exploration program which will focus on the high grade Aucu copper-gold discovery.
"Results from the 2013 exploration campaign provided great encouragement, demonstrating the potential of the project to host multiple large scale copper-gold resources.
"The 2014 program will build on the work completed in 2013, testing the potential for a high grade epithermal copper-gold deposit, extending from surface.”
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.