Nice Bear Venture delivers additional excellent Copper, Gold & Silver assays By Investing.com

Newest  assays  embrace  42.2%  Cu,  17.4/t  Au  and  716g/t  Ag

Excessive-grade  valuable  and  base  metallic  occurrences  proceed  to  develop

PERTH, Australia, Aug. 18, 2024 /PRNewswire/ — White Cliff Minerals Restricted (“the Company”) is delighted to announce an additional batch of assay outcomes from rock chip samples taken throughout the maiden area program on the Nice Bear Venture (“Great Bear” or “the Project”), Northern Canada. Outcomes verify widespread high-grade valuable and base metallic mineralisation related to a number of IOCG and epithermal programs.

• Newest assay outcomes proceed to exhibit the numerous potential of the broader Nice Bear space
• Excessive grade valuable and base metals assay outcomes from a further 4 venture areas at Nice Bear reinforce the potential for a number of occurrences of metallic accumulation inside this underexplored district
• These outcomes verify an extra three IOCG mineralised constructions, evidenced by excessive grade Copper, Gold and Silver assays
• At Coyote, simply 5km east of the Phoenix district (Glacier, Cleaver & Rust), an outcropping zone of intense epithermal alteration and veining (440 x 195m) has been found on the northeastern rim of the Sparkplug collapsed caldera ring function, outcomes embrace:
  • 17.4g/t Au, 1.47% Cu, 29.6g/t Ag, (F005673)
  • 16.95g/t Au, 10.55% Cu, 45.3g/t Ag, (F005669)
  • 15.1g/t Au, 0.18% Cu, 4.2g/t Ag, (F005684)
  • 14.35g/t Au, 1.75% Cu, 32.5g/t Ag, (F005683)
  • 8.91g/t Au, 1.47% Cu, 62.5g/t Ag, (F005682)
  • 1.35g/t Au, 12.10% Cu, 20.3g/t Ag, (F005670)
• At Cougar, an space of intense outcropping IOCG alteration has been recognized 3.4km SE of Viper, alongside the regional scale Contact Lake structural zone. Widespread, pervasive, hematite and goethite alteration may be seen over an space of 1500m N/S and 1100m E/W. A single seize pattern end result returned 13.5% Cu, 1.14g/t Au, 97.4g/t Ag (F005648). Additional sampling of this space was not potential because of climate and time constraints.
• At Viper, preliminary sampling and mapping has recognized an IOCG fashion phyllic alteration zone that’s adjoining to the historic K2 prevalence. Excessive-grade silver was recognized over a 75m N/S strike:
  • 102g/t Ag, 0.137g/t Au, (F005910)
  • 13.5g/t Ag, 0.44% Cu, (F005914)
• At Payback, 13km south of Phoenix, assays from 4 large sulphide rock chip samples returned:
  • 42.20% Cu, 716g/t Ag, (F005604)
  • 30.20% Cu, 153g/t Ag, (F005602)
  • 10.3% Cu, 116g/t Ag, 2.04g/t Au, (F005601)
  • 9.55% Cu, 80g/t Ag, (F005603)
• Remaining assay outcomes from the stability of the Nice Bear area marketing campaign anticipated over the approaching weeks

“These results are further examples of the type of exceptional results we are now seeing from the Great Bear Project. As  the exploration programme expanded outwards from the central airstrip “camp zone”, the dimensions of the chance we’ve got earlier than us can now be seen. Constant & quite a few high-grade Copper, Gold and Silver occurrences proceed to exhibit immense potential inside the broader Nice Bear area.

To have such persistently excessive grade and valuable metallic outcomes, alongside considerably increasing strike lengths inside such a small proportion of the general space (lower than 15 km N/S  and  5  km  E/W) is actually thrilling. We now absolutely perceive for the primary time the importance of historic statements relating to Nice Bear from the Canadian Mines Division that this space is the  most potential space in Canada to host a number of giant IOCG fashion deposits. Work will now give attention to correlating outcomes from the aerial MT survey with identified outcropping constructions and pattern websites to facilitate planning for the second part of labor at Nice Bear. Dozens extra extremely potential targets recognized are nonetheless to be sampled  because of the vital measurement of the Firm’s 2900sq km’s licence space.

I  look  ahead  to  continued  comparable outcomes  from  the  relaxation  of  the  venture areas  in  coming  weeks  as  effectively  as  the  extremely  anticipated outcomes from the Rae Copper, Silver and Gold Venture“

Troy  Whittaker – Managing Director

This announcement has been permitted by the Board of White Cliff Minerals Restricted.

Read the full  ASX release here: https://www.aspecthuntley.com.au/docserver/02839767.pdf?fileid=02839767&datedir=20240819&edt=MjAyNC0wOC0xOSswODoyMjoxMis0ODArNDc5MDQ2K2FuZHJld3dlc3QrcmVkaXJlY3QraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZ0aW1lb3V0Lmh0bWwraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==