{"id":7562,"date":"2024-03-25T02:06:44","date_gmt":"2024-03-25T02:06:44","guid":{"rendered":"https:\/\/economicherald.net\/?p=7562"},"modified":"2024-03-25T02:06:44","modified_gmt":"2024-03-25T02:06:44","slug":"historical-data-uncovers-multiple-uranium-copper-targets-at-white-cliffs-radium-point-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7562","title":{"rendered":"Historical data uncovers multiple uranium, copper targets at White Cliff\u2019s Radium Point project"},"content":{"rendered":"<p>Historical data identifies multiple high-grade uranium and copper targets at Radium Point<br \/>\nWork completed to date covers northern and near-mine parts of the 2,900km2 project in Canada<br \/>\nDatabase will help target definition for the upcoming field program<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> A decision to digitise historical analogue datasets for the northern half of its Radium Point project has paid off for White Cliff Minerals with the identification of multiple high-grade uranium and copper targets.<\/strong><\/p>\n<p>The ~2,900km2 Radium Point project in Canada\u2019s North West Territories includes the historical Eldorado uranium mine \u2013 the largest of its kind in Canada when it was mined between 1930 and 1960.<\/p>\n<p>Historical production consisted of 13.7Mlb uranium, 34.2Moz refined silver, 11.38Mlb of copper with gold credits along with 104,000kg lead, 127,000kg nickel and 227,000kg cobalt.It was identified by the provincial geoscience office as having the highest potential for <a href=\"https:\/\/stockhead.com.au\/resources\/exploration-tickets-have-been-punched-for-white-cliffs-radium-point-project\/\"><strong>large-scale IOCG uranium mineralisation<\/strong><\/a> in Canada.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/white-cliff-minerals-wcn\/\"><strong>White Cliff Minerals (ASX:WCN)<\/strong><\/a> has indicated it intends to focus on former mined areas for extensions to previously exploited mineral bodies, as well as known outcropping prospects throughout the license area.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Historical work guiding the way<\/strong><\/h2>\n<p>Historical rock chip sampling at the northern licences that make up Radium Point returned significant results but were not followed up.<\/p>\n<p>At the Thompson Showing target, samples returned assays such as 14.15% U3O8, 6.22gt gold and 122g\/t silver, as well as 15.15g\/t gold, 6.6% copper, 2.32% U3O8, 137g\/t silver, 1.11% cobalt and 0.58% nickel.<\/p>\n<p>Spud Bay included 22.72% copper, 619g\/t silver and 0.59% lead, while Bullwinkle boasted 7.43% U3O8 and 2.77% copper.<\/p>\n<p>Other targets include Doghead South (3.85% U3O8, 4.05g\/t gold and 7g\/t silver) and Sparkplug Lake (3.97% copper, 4.42g\/t gold and 12.4g\/t silver).<\/p>\n<p>\u00a0<\/p>\n<p>The northern half of the Radium Point project. Pic via WCN<\/p>\n<p>\u00a0<\/p>\n<p>WCN chairman Roderick McIllree thanked shareholders for their patience while the company worked through the digitisation and verification process.<\/p>\n<p>\u201cIt has taken considerable time to collate and verify these historical results, however, it has been worth the wait,\u201d McIllree said.<\/p>\n<p>\u201cWork continues on the assimilation of the remaining datasets for the balance of the 2,900km2 licence area, however, the tenor of these results already gives us great confidence in our upcoming field season.<\/p>\n<p>\u201cIt\u2019s important to stress that these results are from the northern half and near mine project areas only. The area to the south contains results that appear higher grade in nature with a larger surficial expression, however we need more time to complete the verification process for this vast area and will release these results in due course.<\/p>\n<p>\u201cI am very comfortable saying this is the most exciting multi-element project I have seen. Even though this is a first pass on these near-mine and regional anomalies, I am confident we are well placed to make significant discoveries on our ground during 2024.<\/p>\n<p>\u201cUtilising this new database of geophysical targets alongside surface geochemistry will assist greatly with the finalisation of our target definition for the upcoming field program.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2><strong>More work<\/strong><\/h2>\n<p>While WCN is continuing the digitisation work, it also plans to conclude the 2024 work programs at its Radium Point and <a href=\"https:\/\/stockhead.com.au\/resources\/white-cliffs-airborne-geophysical-survey-is-the-first-step-to-systematic-exploration-of-coppermine\/\"><strong>Coppermine<\/strong><\/a> projects.<\/p>\n<p>McIllree says the company will make every effort possible to drill Radium Point during the coming year.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with White Cliff Minerals, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/historical-data-uncovers-multiple-uranium-copper-targets-at-white-cliffs-radium-point-project\/\">Historical data uncovers multiple uranium, copper targets at White Cliff\u2019s Radium Point project<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Historical data identifies multiple high-grade uranium and copper targets at Radium Point Work completed to date covers northern and near-mine parts of the 2,900km2 project <a href=\"https:\/\/economicherald.net\/?p=7562\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":7563,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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