30/11/2020 - 16:55

White Cliff upsizes Reedy South gold drilling program

30/11/2020 - 16:55

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ASX-listed gold and base metals player, White Cliff Minerals, has upsized its maiden RC drilling campaign at the historic Reedy South gold project in WA’s Murchison Goldfields after managing to lay its hands on a larger second drill rig. The Perth-based company intends expanding the current Reedy South drill program from 3,000m to approximately 4,500m.

ASX-listed gold and base metals player, White Cliff Minerals, has upsized its maiden RC drilling campaign at the historic Reedy South gold project in WA’s Murchison Goldfields after managing to lay its hands on a larger second drill rig.

The Perth-based company intends expanding the current Reedy South drill program from 3,000m to approximately 4,500m. The smaller RC rig is now designated to be used for infill drill holes going down to about 60m-80m deep and test along-strike extensions, with the larger RC rig to sink eight holes into targeting mineralisation at the Pegasus and King Cole prospects at greater depths.

White Cliff recently put out its first mineral resource estimate for Reedy South of 779,000 tonnes of ore grading 1.7 grams per tonne for 42,400 ounces of contained gold. It followed a detailed analysis of almost 120 RC holes – for an aggregate of 7,182m – that were drilled by previous owners between 1984 and 2015.

The Reedy South project area, located about 40 kilometres north of Cue and 80km south of Meekatharra, covers 272 square kilometres of the Murchison Goldfields, centred on the southern portion of the auriferous Reedy Shear Zone within the Meekatharra-Wydgee greenstone belt.

It also includes the old underground workings of the historic King Cole and Pegasus shafts.

The Reedy Shear Zone plays host to several high-grade gold deposits with vertical plunging mineralisation extending to depths of 500m-plus.

White Cliff suggests there is the potential to significantly grow the Reedy South resource through drilling at depth and along strike. The company interprets the style and controls of mineralisation as similar to Westgold Resources’ producing Triton-South Emu gold mine immediately north of Reedy South at the Reedy’s gold mining centre.

Reedy South’s gold mineralisation occurs in shears or shoots within the broader Reedy Shear Zone and according to the company, the deposit remains open at depth and along strike.

The company says historical exploration at the project has mainly involved surface prospecting, soil sampling and wide-spaced shallow drilling that did not exceed 80m depth.

 

Is your ASX listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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