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  • White Cliff Minerals To Reveal Chanach Copper-Gold Project Assays 0 comments
    Jul 15, 2014 9:05 PM

    Anticipation is building for White Cliff Minerals (ASX:WCN) to reveal results from an exploration program targeting high grade copper and gold zones at the Chanach project in the Kyrgyz Republic.

    This morning the ASX has granted the company a trading halt pending assays, which will be in place until the opening of trade on Thursday 17th July 2014, or earlier if an announcement is made to the market.

    The trenching program will target extensions to the high grade Aucu copper and gold discovery identified in 2013.

    This produced results such as: 7 metres at 3.83% copper and 30.1 g/t gold; 10 metres at 1.73% copper including 1 metre at 106 g/t gold; and 9 metres at 6.03 g/t gold.

    Drilling is to commence early August.

    The project is located in the western part of the Tien Shan Belt, a highly mineralised zone that extending for over 2500 kilometres from western Uzbekistan, through Tajikistan, Kyrgyz Republic and southern Kazakhstan to western China.

    Highlighting the prospectivity of the area, major deposits located within 100 kilometres of Chanach contain up to 93 million ounces of gold and 25 million tonnes of copper.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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