White Cliff Minerals Limited Launches Diamond Drilling at Rae Copper Project in Nunavut, Bolstered by A$14.4M Capital Raise Amid Booming Critical Minerals Investments
Thursday, July 10, 2025
at
8:27 am
White Cliff Minerals Limited has begun diamond drilling at its Rae Copper Project in Nunavut, Canada, following a successful pre-collar phase and robust capital raise. This key move supports expanded exploration amid rising critical minerals demand and government-backed infrastructure investments, positioning the company for promising future discoveries.
White Cliff Minerals Limited has embarked on an aggressive exploration program at its 100% owned Rae Copper Project in Nunavut, Canada with the recent commencement of diamond drilling at its Hulk sedimentary target. The company’s drilling efforts build on previous reverse circulation (RC) pre-collar work completed in the spring, with the diamond rig advancing approximately 100 metres on its first shift. Three main drill holes—HLK25001, HLK25002, and HLK25003—are set to test critical margins of a large, untested geophysical anomaly identified in the Hulk sub basin. In particular, HLK25002 will probe the hanging wall of the Herb Dixon Fault zone, a major structure believed to have controlled copper-bearing fluid flow.
Technical activities extend beyond diamond drilling. The RC drill is set to resume operations at the Danvers prospect, where recent assay results from earlier drilling revealed promising intercepts, including 175 metres at 2.5% copper with 8.66 grams per tonne silver and other intervals with high copper percentages accompanied by notable silver grades. Alongside drilling, a drone-based magnetotellurics survey will capture detailed geophysical signatures across the Danvers mineral lease, enhancing targeting for high-grade systems across the broader lease.
The operational momentum is further bolstered by a robust A$14.4 million capital raise, which has enabled the rapid expansion and upgrading of field camps and equipment. The pace of exploration comes at an opportune time as Canada ramps up its investment in critical minerals and related infrastructure such as ports, rail systems, and processing facilities. According to the company’s managing director, these developments align well with the nation’s commitment to a critical minerals pipeline and bolster prospects for discoveries within the emerging Nunavut copper province.
Investors might view the news with a bullish outlook given the company’s strong financial position and accelerated field operations that typically drive early-stage exploration success. The technical indicators, including significant intercepts from previous drilling and the strategic use of advanced geophysical techniques, underpin the potential for future mineral resource estimates. On the other hand, caution is warranted since the project remains in an exploration stage, and some historical data does not fully conform to modern reporting standards. This inherent risk, coupled with the typical uncertainties of early-stage exploration, may temper expectations among more conservative market participants.