White Cliff Minerals Limited (ASX: WCN) Reveals New Copper Targets at Rae Project
New Copper Targets Identified
White Cliff Minerals Limited (ASX: WCN) has announced significant findings from its first project-scale geophysical survey at the Rae Copper Project in Nunavut, Canada. The survey revealed new conductivity anomalies that correlate with high-grade surface showings, enhancing the potential for substantial copper discoveries.
The Stark target has emerged as a notable anomaly along the Herb Dixon Fault, registering over 14 km of synchronous conductive signatures. The bulk of the anomalies indicate potential high-grade mineralization within a well-defined structure, reinforcing previous surface sampling results that indicated copper grades above 64%.
Exciting Developments in Exploration
Troy Whittaker, Managing Director of White Cliff Minerals, stated, “The airborne geophysical results show kilometre scale conductive signals. This adds to our confidence about the target areas we are exploring. The conductive anomalies align with our expectations, revealing unique, high-grade copper targets.” He emphasized the significance of connecting high-grade surface samples to subsurface structures, particularly at the Halo target that has demonstrated high grades for over 800 meters.
The company has also made strides in understanding the extent of the Hulk target. New results have increased its dimensions to 23 km by 10.5 km, providing additional scope for further mining activities in the area.
Future Exploration Plans
White Cliff Minerals is gearing up for a robust exploration campaign in 2025. The company plans to conduct a ground sampling program alongside a maiden drilling campaign to further investigate these promising anomalies. The integration of detailed magnetic and conductivity data will guide the ongoing target generation and validation.
With the completion of over 2,400 line-km of MobileMT geophysical surveying, the company is well-positioned to capitalise on new opportunities within the Rae Project.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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