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ASX-listed White Cliff Minerals has topped up the piggy bank with the sale of its Merolia gold project near Laverton for $274,000 to UK-based Panther Metals. The sale was flagged in November as part of a strategic review of White Cliff's gold and base metals exploration portfolio, as it focuses on developing the highly prospective Reedy South and Midas projects, both located in Western Australia.

ASX-listed White Cliff Minerals has entered into an agreement to sell its non-core Merolia gold project near Laverton in WA to London-listed explorer, Panther Metals, for about $274,000 in cash and shares. Divestment of Merolia will allow the Perth-based company to focus on its historic Reedy South project 40km north of Cue and its Midas copper-gold project in the Paterson Province, both in WA.