White Cliff Minerals fully repays convertible debt liabilities
News flow for White Cliff will be strong in the near-term, with drilling results expected soon from the Southern gold zone at the company's Aucu gold project in the Kyrgyz Republic.
Company
ASX:WCN
White Cliff Minerals is focused on advancing a material copper project in a Tier 1 jurisdiction. Drilling at the Rae Project’s Danvers area has confirmed a district-scale copper sulphide system, with high-grade copper and silver assays and visible copper in every hole into the main structure, building on historic high-grade results.
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News flow for White Cliff will be strong in the near-term, with drilling results expected soon from the Southern gold zone at the company's Aucu gold project in the Kyrgyz Republic.
The ASX All Ordinaries eroded slightly to 5385 points as weak sessions for mining and oil and gas stocks dragged on the index.
White Cliff Minerals Limited shares were trading as much as 50% higher today after the explorer received share applications exceeding A$1.5 million in a heavily oversubscribed share placement plan.
White Cliff Minerals Sydney/Melbourne Investor Luncheon Presentation
White Cliff Minerals has identified a new high-grade gold structure at its Aucu project in the Kyrgyz Republic, with trenching results grading as high as 53.6g/t gold.
White Cliff Minerals has identified mineralised shear zones in all holes after an initial pass of drilling at an exciting prospect of the company’s Aucu gold project in the Kyrgyz Republic.
White Cliff's Aucu project is the epicentre of the famed Tien Shan Gold Belt, which hosts to some of the largest gold mines on the planet.Register today to meet the company. Sydney 20th Oct / Melbourne 21st Oct.
The 2015 drilling program will test each structure in several locations to ascertain the overall scale and tenor of the larger gold bearing mineralised region. The visible gold identified at surface occurs in three separate structures.
White Cliff’s fundraising moves are significant because they allow the company the ability to expand planned drill programs on its projects. Early signs have suggested major potential at Aucu, with gold mineralisation visible at surfa
The oversubscribed share placement will fund further drilling at the Aucu gold prospect, the Merolia nickel and copper project as well as the Ironstone gold project.
Visible gold has now been identified at surface in the Upper Gold Zone, Lower Gold Zone and Southern Gold Zone of the Aucu deposit. Each of these extend over 3,000 metres in length. A fascinating drill program is on the way.
Abundant visible gold has been panned from a rich outcrop at the Southern Gold Zone of the Aucu deposit. This extends the SGZ to at least 2,500 metres, with three major mineral systems providing potential to host a very large gold resource.
Trenching has identified new mineralised zones east of the Aucu gold deposit towards the Chanach copper deposit. The current gold resource looks a strong probability of increasing significantly.
Initial drilling has discovered multiple zones of gold mineralisation in Western Australia. This offers a potential path to monetise any commercial discovery as the project is near existing ore processing infrastructure. Further drilling al
First pass drilling identified anomalous gold zones within 25 kilometres of existing ore processing infrastructure. Assay results are eagerly awaited in early August.
Current share price of White Cliff Minerals? 7/10th of one cent.Share price target White Cliff Minerals? Potentially priceless.