White Cliff Minerals Ltd. provides the Company's Quarterly Report for the period ended December 2018. Highlights - Visible gold identified in alluvial bulk sampling concentrates at Aucu gold project - New copper and gold zones identified 2-4 km East of the Aucu gold deposit - Coronation Dam drilling results deliver wide intervals of cobalt and nickel mineralisation - Corporate restructure and rights issue completed [...]
White Cliff Minerals Ltd. is pleased to report that visible gold has been identified in bulk samples collected in December 2018. Highlights - Visible gold identified in 62 of 65 concentrate samples panned from alluvial bulk samples - Sampling covered a 450 metre long section of the Chanach river gravel terraces - Samples submitted to laboratory for analysis - results expected late February The Company undertook a bulk [...]
White Cliff Minerals Ltd. is pleased to report that assay results have been received from the new mineralised structures identified 2-4 kilometres east of the Aucu Gold Project in the Kyrgyz Republic. Highlights - New outcropping gold and copper zones identified 2-4 kilometres east of Aucu - Rock sample results include grades up to 6.7 g/t gold and up to 7.8% copper - Mineralised structures now identified and mapped over [...]
White Cliff Minerals Ltd. advises the appointment of Nicholas Ong and Daniel Smith as directors and the resignation of Jack Gardner. The Board changes are part of an ongoing review by the Company in extracting maximum value from its suite of high-quality assets, as well as implementing cost saving measures. The Company expects to make further updates to shareholders in due course. About White Cliff Minerals Ltd: White [...]
White Cliff Minerals Ltd. is pleased to report that it has completed an extensive soil geochemistry survey at the Aucu Gold Project in the Kyrgyz Republic. Highlights - Soil geochemical survey defines large scale copper porphyry system o Copper porphyry core is 1 kilometre in diameter o Mineralised system is over 8 kilometres in diameter - Identified gold mineralisation covers 2.4km of strike to the West - New mapping [...]
White Cliff Minerals Ltd. is pleased to report new assays from a 5,000 metre RC drilling campaign completed at its 100% owned Coronation Dam cobalt project 90km Southeast of Glencore's Murrin Murrin Nickel refinery in Western Australia's north-eastern goldfields. Highlights - New assays received from Coronation Dam, results include: o 40 metres at 0.22% cobalt and 1.75% nickel from 8 metres o 36 metres at 0.10% cobalt and [...]
White Cliff Minerals Ltd. is pleased to advise that the Renounceable Entitlements Offer announced on 16th October has closed. The Company has been advised by the rights issue underwriter, CPS Capital Group Pty Ltd, that it has received commitments from its clients to place all the shortfall shares. The allocation of the shortfall shares is expected to occur at the same time as the rights issue acceptances are allocated in [...]
White Cliff Minerals Ltd. provides the Company's Quarterly report for the period ended 30 September 2018. Highlights - Coglia Well drilling program delivers substantial cobalt- nickel mineralisation - Coronation Dam drilling program continues to deliver wide intervals of cobalt and nickel mineralisation - Corporate restructure, capital consolidation and rights issue launched to raise $2.3M Summary Australian Cobalt-Nickel [...]
White Cliff Minerals Ltd. provides the Company's Investment Presentation. Investment Summary - Compelling valuation: o Rights Issue underway o Market Cap: $1.4 million o Rights Issue to raise: $2.3 million o Pro-forma Mkt Cap: $3.7 million - Pro-forma capital structure o 254 million shares - Gold and copper assets: o Gold and copper JORC resources o 484,000 Oz gold -- Outcrops at surface with visible gold o 64,000 t Cu [...]
White Cliff Minerals advise that it has appointed Mr Jack Gardner as Non-executive Chairman effective 26 October 2018. Key Points: - Appointment of Non-executive Chairman - Gold strategy focus on extracting shareholder value from the 484,000 ounce Aucu gold deposit - Cobalt strategy focus on resource definition drilling to crystallise cobalt-nickel value at Australian projects Mr Gardner is an engineer with extensive [...]
White Cliff Minerals Ltd. provides the Company's Renounceable Rights Issue Prospectus. Rights Offer For a renounceable pro rata offer of two New Shares for every one Share held by Eligible Shareholders registered at 5.00pm WST on the Record Date, at an issue price of $0.015 per New Share, with one free attaching New Option for every New Share subscribed, to raise approximately $2,309,754 before costs . Shortfall Offer For [...]
White Cliff Minerals Ltd. is pleased to announce a partially underwritten renounceable pro rata offer of two New Shares for every one White Cliff Share held, at an issue price of $0.015 per New Share to raise up $2,309,754 . For every New Share issued, shareholders will receive one free attaching option exercisable at $0.045 on or before 30 September 2020. ASX listing of the option will be sought. A total of 153,983,628 [...]