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White Cliff Minerals Limited (ASX:WCN)

ALERT: Price-sensitive ASX Announcement for WCN
Current share price for WCN : $0.017 -0.001 (-5.56%)+
Announcement
Release
15 Jun 2026 8:41AM
Price at Release
$0.018
Full Release
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Summary
White Cliff Minerals Limited has initiated a diamond drilling program at its Rae Copper Project in Nunavut, Canada, aiming to expand the high-grade copper mineralisation identified in 2025. The project targets a 1.7 km footprint along strategic geological boundaries analogous to major sediment-hosted copper systems. The drilling efforts aim to extend the mineralisation eastward and northward, guided by interpretations from past geophysical surveys. The program focuses on testing structures that may serve as pathways for copper-bearing fluids, offering potential for large-scale resource expansion.
Key Points
  • White Cliff Minerals Limited has commenced diamond drilling at its sediment-hosted copper discovery at Rae Copper Project in Nunavut, Canada.
  • The Rae Copper Project aims to extend the mineralisation discovered in 2025 across a 1.7km footprint.
  • The drilling targets high-grade sediment-hosted copper mineralisation at depth and along strike.
  • The 2026 drilling campaign seeks to expand the mineralised footprint to the east and north within the priority sub-basin.
  • Drilling targets include geophysical structures interpreted from 2024 magnetic data as potential controls on mineralisation.
  • High priority EM responses from the 2025 HeliTEM survey will also be tested.
  • The geological setting at Rae is analogous to major sediment-hosted copper systems like the Central African Copperbelt.
  • The targeted contact is between reduced, pyrite-bearing mudstones of the basal Rae Group and oxidised sandstones of the Husky Creek Formation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.