Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

175m @ 2.5% Copper from 7.6m, Hole Ends in 4.46% Copper & Open at Depth Danvers Drilling Delivers a Globally Significant Copper Intersection

by admin May 6, 2025
May 6, 2025
175m @ 2.5% Copper from 7.6m, Hole Ends in 4.46% Copper & Open at Depth Danvers Drilling Delivers a Globally Significant Copper Intersection

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce further assay results from the reverse circulation drilling campaign at the Company’s 100% owned Rae Copper Project in Nunavut, Canada.

  • Further assay results confirm and validate the strategy to explore previously untested high-grade zones and vertical depth extension of mineralisation at Danvers
  • Highlights from DAN25008:
    • 175m @ 2.5% Cu & 8.66g/t silver (Ag) from 7.6m, including 14m @ 7.55% Cu & 25.8g/t Ag from 138m
    • the last 60m of the hole averaged 3.9% Cu & 14.96g/t Ag to final depth of 182.88m
    • hole ended in mineralisation with the last 1.5m sample recording 4.46% Cu & 11.58g/t Ag, open at depth
  • DAN25001 returned 52m @ 1.16% Cu & 3.43g/t Ag from surface, including 7.6m at 3% Cu & 9.5g/t Ag from 18.28m
  • Drilling demonstrates potential for significant expansion to historic non-compliant resource. With the initial objectives of Danvers drilling achieved, to begin to understand the significance of this discovery, new drilling data will feed into a maiden JORC compliant mineral resource
  • Mineralisation remains open in all directions. Follow up diamond drilling now being planned to drill out the mineralisation boundaries at Danvers and begin testing of the massive sedimentary structure at Hulk
  • The next five (5) assays along strike from DAN25008 are due in the coming weeks

“DAN25008 was prioritised for assay due to the abundance of visual sulphides observed during drilling, and these results have underpinned our confidence in those visuals prevalent in the Company’s prior work. We believe this drill hole ranks among the most significant copper intersections globally within the last 50 years and comfortably sits within the top 10 globally reported “grade-metre” copper results.

This discovery and outstanding results from Danvers is a clear testament to our technical team’s expertise and geological understanding, in particular the professionalism and persistence of Olga Solovieva and Sam Vaughan.

Our improved geological understanding of the Danvers area indicates a mineralised system that extends from surface over more than 175m vertically and potentially 7km in strike length – both to the northeast and southwest, providing scope for further high-impact intercepts from upcoming drilling. With our work updating the geological understanding at Danvers, we adapted our drill targets and DAN25008 resulted in mineralisation at least 30 metres below historical limits, with the hole terminating in high-grade copper mineralisation – suggesting considerable additional potential at depth. The increase in grade toward the bottom of the hole is encouraging and is validation of our methodology.

To illustrate the magnitude of this result, the DAN25001 intercept of 52m at 1.2% Cu – a strong result in its own right – now appears modest when viewed alongside the 175m @ 2.5% Cu from DAN25008. In the context of global copper supply constraints, the Company is well positioned to leverage these results with mineralisation from surface, supporting potential open pit mining activities and an open water port less than 80km from the deposit.

Troy Whittaker – Managing Director

FURTHER INFORMATION

Drillhole DAN25008 is an important step in the development of the Danvers copper deposit. An intercept of 175.26m at 2.5% copper is an outstanding result illustrating the continuous mineralisation which commences just below surface at 7.62m downhole. The final 30m of DAN25008 which averages 2.37% Cu and 10.51g/t Ag exists below the trace of historic drilling, effectively extending the known high-grade mineralisation.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico
next post
Four Charts to Track a Potential Market Top

Related Posts

CORRECTION – Brunswick Exploration Drills 93.45 Meters at...

May 9, 2024

Per Jander: Uranium Still “Very Early” in Cycle,...

March 15, 2025

Halcones Precious Metals Announces Surface Outcrop Chip Channel...

February 8, 2025

Trident Royalties PLC Announces Thacker Pass: $2.3bn Loan...

March 16, 2024

Metals Australia: High-quality Graphite Project, Outstanding Portfolio of...

May 29, 2024

Cosa Acquires the Aurora Uranium Project, Athabasca Basin,...

December 5, 2023

Lake Resources NLMaiden Ore Reserve Defined at Flagship...

December 20, 2023

Galan Secures Agreement with Glencore for Offtake &...

March 28, 2024

Robert Sinn: Gold to Benefit as US-China Relations...

January 29, 2025

Appia Provides Update on its Extensive Drilling Program...

September 29, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved