White Cliff Minerals has picked up an additional 63km2 of licenses near its Nunavut copper project
The licences cover several significant areas of anomalous copper-silver-gold
Another tenure is under application, which covers several other targets
Special report: White Cliff Minerals has locked in up to an additional 63km2 of highly prospective licences covering newly available ground at the Nunavut copper project.
White Cliff Minerals (ASX:WCN) is one of a few companies venturing into Canada’s largest territory, Nunavut, in search of the critical minerals we need to decarbonise.
The company is leveraging advancements in airborne sensing and data gathering technologies to tap into one of the coldest places in the North American continent to follow up on previously identified occurrences of copper and silver within its Coppermine project.
Despite substantial strike extents across the landholding, previous explorers only took single samples from limited occurrences, providing WCN with a solid foundation to undertake activities looking at district-scale potential.
Nunavut copper-silver-gold project overview showing the existing, new and in application tenure. Pic via WCN
New areas boast significant prospectivity for anomalous copper
The explorer has also expanded its landholding, adding a further 63km2 to its 805km2 project area.
These new licences cover several areas of anomalous copper-silver-gold including the Halo project where previous drilling returned up to 4.7m at 10.47% copper as well as the Pat prospect, which boasts numerous >40% copper in rock chip samples across multiple veins.
That’s above the detection limit of the sampling tech, highlighting the prospectivity of the ground.
Given the new turf is adjacent to existing granted licences, WCN says the new areas will fit seamlessly into the company’s upcoming exploration activities due to commence in Nunavut during the coming weeks.
WCN also has in application, and subject to regulatory approval, tenure that covers several other new targets. The company is hopeful of receiving these in due course:
Lloyd, a quartz-chalcocite vein that returned assay results of up to 2% copper over ~3,600ft with a cross section of between 8 and 20ft wide
Larry, where 1,952 channel samples returned up to 8.03% copper over 13.6ft and
Jack, where rock chip samples recorded up to 45.4% copper and 60g/t silver from surface
‘Premium ground’
“After stalking the process for several months and having assessed these areas in-depth previously, we were in pole position when this ground was released for application and I am pleased to say we were successful in securing the last missing pieces of our puzzle,” WCN managing director Troy Whittaker says.
“Our strategy of securing the most desired ground in the area is complete.
“There is now an obvious land rush in the broader Coppermine area and our first mover advantage has given us a huge head start in acquiring the premium ground and we are now pretty much surrounded by new entrants to the area,” he says.
“The fact that this land is cohesive to our existing project, has delivered similar high-grade rock chip results which shows a mineralised system opened in all directions, is a massive achievement.”
Weeks away from boots on the ground activity
WCN is only a matter of weeks away from ‘boots on the ground’ at Nunavut for the start of the inaugural field campaign and heli-mounted MobileMT survey.
The survey will target both high-grade volcanic hosted copper-silver mineralisation and high-tonnage potential sedimentary hosted copper prospects at several locations including Don, CU-TAR, Pickle Crow and HALO.
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.
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