White Cliff Minerals has secured all federal licences for its Radium Point uranium-copper-gold-silver project in Canada's Northwest Territories.
These remaining exploration licences were issued after approvals by the Government of Canada.
The Radium Point project, which spans 2,900km², is situated 240km south-west of White Cliff Minerals' Coppermine project and the Kugluktuk settlement.
The project lies within the Great Bear Magmatic Zone (GBMZ), known for its iron oxide-copper-gold (IOCG) and uranium potential.
The GBMZ is a Proterozoic continental andesitic stratovolcano-plutonic complex that has been extensively altered and mineralised by hydrothermal processes.
Historically, the GBMZ has been valued by miners, explorers and the Northwest Territories Geosciences Office for its high potential for large-scale IOCG and uranium-style mineralisation.
White Cliff is currently undertaking a targeted soils and bedrock sampling programme in the Lake Johnston mineral province of Western Australia (WA), with the exploration efforts nearing completion.
In addition to the progress at Radium Point, White Cliff has completed drilling at its 100%-owned Reedy South Gold Project in WA’s Cue Goldfields region.
The drilling programme aimed to test the strike and depth extensions of the existing inferred 2012 Joint Ore Reserve Committee (JORC) mineral resource estimate, which indicates 42,400oz of gold. Samples from the drilling are currently being assayed in Perth laboratories.
White Cliff managing director Troy Whittaker said: “Having these final federal licences granted at Radium Point is the last phase of our application process and the milestone where we now fully transform from applications under assessment to exploration-ready at our multi-metal project in Canada.
“Our initial focus at Radium Point and Nunavut projects in Canada will be infield rock chip sampling, reconnaissance and the airborne MobileMT geophysical survey, which will then be followed up by our maiden drilling campaign, which we very much look forward to.
“Our focus at Reedy South in Western Australia was to identify potential expansions to the known JORC resource. With this campaign now concluded and those assays at the laboratory, we look forward to the results.”
