ASX-listed explorer, White Cliff Minerals has received further encouraging gold hits from its maiden RC drilling campaign at its historic Reedy South project about 40 kilometres north of Cue in WA’s Murchison Goldfields, including an impressive intersection of 11 metres grading 3.19 grams per tonne gold from 51m.
Perth-based White Cliff drilled 38 holes totalling 3,537m prior to the Christmas shut-down period. The company is now planning five deeper holes to finish off the maiden program, lifting the aggregate drilling coverage to approximately 4,500m.
The latest set of notable assays among the 38 RC holes drilled at Reedy South so far were the 11m intersection going 3.19 g/t gold from 51m that included 3m at 8.87 g/t, 6m at 2.96 g/t from 18m, 7m at 1.60 g/t from 48m including 3m at 2.86 g/t, 12m at 1.49 g/t from 77m, and 8m at 1.44 g/t from 27m.
Other stand-out intercepts from the same round of drilling have been 7m at an average grade of 3.16 g/t from 53m, 11m at 2.29 g/t from 21m, 16m at 1.74 g/t from 72m, and 7m at 1.5 g/t from 48m.
The Reedy South RC program has two components. Firstly, it entails shallower infill drill holes designed to increase White Cliff’s confidence in the resource and test for extensions along strike. Secondly, the remaining five holes are set to target down-dip and down-plunge gold mineralisation extensions at greater depths.
According to White Cliff, its drilling results to date point to grade continuation between the King Cole prospect in the north of the project area and the Pegasus prospect in the central section and mineralisation extending to at least 135m below surface. Mineralisation remains open to the south of Pegasus, it says.
The company recently carried out an extensive review of the historical drilling data generated by previous Reedy South project owners between 1984 and 2015, culminating in a maiden inferred and indicated mineral resource estimate for Reedy South of 779,000 tonnes of ore at 1.7 g/t for 42,400 ounces of contained gold.
Historical drilling at Reedy South only went down to an average 60m and the company intends delving a lot deeper next month to see what lies beyond the current mineral resource estimate outer limits. The five deeper RC holes will be probing for gold mineralisation up to 250m below surface.
Westgold Resources’ South Emu-Triton underground gold mine sits less than 600m from White Cliff’s Reedy South northern tenement boundary and along strike on the Reedy Shear Zone that plays host to known gold resources with vertical plunging mineralisation extending to depths of 500m-plus.
Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au
