Sydney, May 11, 2017 AEST (ABN Newswire) - White Cliff Minerals Ltd (
ASX:WCN) are pleased to provide an interview with Managing Director, Todd Hibberd, on the upgraded resource estimate at the Aucu gold project in Central Asia.
To view the video interview, please visit:
http://www.abnnewswire.net/press/en/88278/WCN
Todd Hibberd (Managing Director)
Mr Hibberd, is a geologist with an extensive background in exploration and mining including 20 years in exploration, resource estimation, mine development and production management. Recent experience includes two years as Managing Director of ASX listed Stonehenge Metals Limited and ten years working for Newmont Mining Corporation in various senior exploration and production roles.
Summary on Aucu Gold - Central Asia
In a recent announcement (ASX announcement April 21, 2017) White Cliff Minerals reported a new JORC compliant inferred resource for the Aucu gold deposit, using a lower cut-off grade of 1 g/t gold, of 1.8 million tonnes grading 5.2 g/t gold, for 302,000 ounces of contained gold. The new resource represents a 93% increase in contained gold ounces and a 23% increase in average grade over the previous gold resource reported in April 2015.
Importantly the new resource contains a very high grade zone (Quartz Zone) of 244,000 tonnes at 9.5 g/t gold containing 75,000 ounces of gold, which starts at surface. Surface extensions of the high grade Quartz Zone have been identified and will be drilled in the coming field season.
This latest resource estimate also identified a new inferred copper resource, using a lower cut of grade of 0.25% copper, of 608,000 tonnes at 0.64% copper, containing 3,870 tonnes of copper.
To view the video interview, please visit:
http://www.abnnewswire.net/press/en/88278/WCN
Contact
Todd Hibberd
Managing Director
T: +61-8-9321-2233
W: www.wcminerals.com.au
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