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Kyrgyz govt backs White Cliff exploration

30th March 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – The Kyrgyz State Agency for Geology and Mineral Resources has approved ASX-listed White Cliff Minerals’ exploration programme for its Aucu gold project.

The exploration approvals, which covered the period between 2016 and 2020, followed on from the recent renewal of a five-year licence extension of the Aucu exploration licence.

The project contains extensive porphyry related gold and copper mineralisation, and drilling in 2014 defined a major gold discovery with an initial inferred resource of 1.15-million tonnes, grading 4.2 g/t gold for 156 000 oz of gold. The drilling also defined a significant copper deposit of 10-million tonnes, grading 0.41% copper for 40 000 t of copper.

White Cliffs told shareholders on Wednesday that field exploration at Aucu was expected to start in April, with the aim of defining new gold discoveries.

Edited by Creamer Media Reporter

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