White Cliff Minerals Limited (ASX:WCN) Announces Land Use Permit Issuance
Permit Achievements
White Cliff Minerals Limited (ASX:WCN) announced the successful issuance of a Class A Land Use Permit for its Rae Copper Project in Nunavut. This approval allows the Company to commence drilling activities, leveraging the success of its previous campaign where rock chips returned assays exceeding 60% copper.
Operational Updates
The Nunavut Impact Review Board provided a positive screening decision, which facilitated the timely approval from the Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC). Troy Whittaker, Managing Director of White Cliff Minerals, stated, “Significant approval inroads were made over the Christmas period… We are now focused on the safe and efficient mobilisation to Rae for what will be the first drilling campaign in the greater region in a decade.”
Future Plans
Aurora Geosciences, known for its expertise in northern exploration, has been contracted to assist with the maiden drilling campaign set for March 2025. The Company has entered the final planning stages for this initiative, with updates regarding drill targeting and contractor selections expected soon. Additionally, the public review period for a Water Licence application has closed with optimistic anticipation for a response from the Nunavut Water Board in February.
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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