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White Cliff Minerals' Substantial Shareholder Acquires Further Shares

White Cliff Minerals (ASX:WCN) substantial shareholder Andy Igo has further increased his shareholding in the company to 10.02%.

He had acquired 10 million shares on 18 June in an on market purchase for a cost of $107,258.85, or an average price of $0.0107 per share, bringing his total holding to 45 million shares.

Igo had earlier this month acquired an initial substantial shareholding of 30 million shares before buying a further five million shares.

The company has recently started an exploration program targeting high grade copper and gold zones at the Chanach project in Kyrgyz Republic.

It has also started a much anticipated reverse circulation drilling program testing four high priority nickel sulphide targets at its Lake Johnston project in Western Australia.

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