White Cliff Minerals plans to validate a significant database of historical mineral resources and high-grade outcrop samples at the Coppermine project. Pic via Getty Images
Mining
Special Report: Approvals which allow White Cliff Minerals to appoint contractors for 2024 exploration initiatives have been received from the Nunavut Planning Commission (NPC) for the company’s Coppermine project.
White Cliff Minerals (ASX:WCN) has passed another regulatory approval in the permitting process at the Coppermine project in Canada after receiving a positive conformity determination for its licences from the Nunavut Planning Commission (NPC).
The explorer is now fully permitted and will take up where state, public and private sponsored historical exploration previously identified dozens of outcropping occurrences of copper and silver mineralisation.
Previously reported high-grade hits include 30.24% copper and 34 g/t silver, as well as 30.25% copper and 43 g/t silver from the Halo prospect.
WCN says Coppermine contains numerous historical non-JORC and ‘blue sky’ mineral estimates along a +100km long structural trend that will be a priority during 2024.
“With this Nunavut Commission licence approval, we can move to finalise our exploration initiatives, including contractor selection,” WCN chairman Roderick McIllree says.
“This milestone was a critical component of our strategic planning phase and is now delivered.
“We can now focus on validating a significant database of historical mineral resources, high grade outcrop samples and ultimately prepare for drilling. We look forward to updating shareholders in the coming months on further developments.”
WCN plans to leverage recent advancements in airborne sensing and data gathering technologies, as well as undertaking detailed mapping and sampling to identify areas for further detailed study within the licence area.
Ultimately, this work will culminate in extensive drilling on higher priority areas identified throughout this large-scale mineralised structure.
Negotiations with several Canadian-based service providers continue for various work programs on what will be the first systematic exploration at this project area in decades, WCN says.
The company will base its logistical hub initially in Kugluktuk, a town of approximately 1,500 people, in the northeast of the project area. Kugluktuk is accessible by both plane and ship.
Once finalised, these work programs will run in close collaboration with planned work at the company’s recently acquired, district-scale Radium Point uranium project in Northwest Territories.
This article was developed in collaboration with White Cliff Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
