White Cliff Minerals Limited Unveils Maiden 105m High-Grade Copper-Silver Intercept at Rae Project, Paving the Way for Extended Multi-Rig Drilling and Capital Growth

Thursday, June 5, 2025
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8:22 am
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White Cliff Minerals Limited reports outstanding high-grade copper and silver results from maiden drilling at its Rae Copper Project in Nunavut. Encouraging RC drill outcomes pave the way for expanded exploration, underscoring strong growth potential in one of Canada's most promising copper regions.

White Cliff Minerals Limited has reported highly encouraging results from its inaugural reverse circulation drilling campaign at its 100% owned Rae Copper Project in Nunavut, Canada. The company disclosed that one of its final holes, referred to as DAN25007, intercepted 105 metres grading 2.25% copper and 6.97 grams per tonne silver starting at 27.43 metres, with notable high‐grade intervals including 18 metres at 3.17% copper and 6.27 g/t silver from 35.05 metres and 35 metres at 3.93% copper with 13.35 g/t silver from 60.96 metres. The drilling campaign has delineated a shallow, high-grade zone of copper and silver mineralisation that extends along a 150-metre NE/SW trending strike and reaches a vertical depth exceeding 175 metres, with the mineralised envelope remaining open in all directions. The company is now set to mobilise its drill rigs ahead of schedule to deepen exploration at the Danvers target and also expand regional drilling over a ±10 km zone. In addition to the reverse circulation drilling, the first pre-collar holes at a nearby target called Hulk have been completed, with diamond drilling scheduled to commence imminently. White Cliff Minerals has also engaged expert geophysicists to carry out a drone-based MobileMT survey, which is expected to generate a detailed geophysical fingerprint over the project area and help identify similar mineralisation signatures. The announcement underscores a two-pronged drilling strategy that will employ both reverse circulation and diamond drilling, while the company embarks on updating a historic resource estimate to align with the 2012 industry standard. With clear indications of robust copper and silver intercepts, and a flow-through capital raise that has attracted significant financial institutions at a premium valuation, the company appears well positioned for a vigorous exploration season. Notably, earlier historical drilling results and the current campaign’s intercepts highlight the prospect’s potential as one of the most promising copper projects in the global exploration landscape. From a bullish perspective, the strong assay results and extensive drilling programme signal significant upside potential. The promising intercepts, combined with early mobilization, expanded target areas, and advanced geophysical techniques, suggest that successful delineation and further upgrading of jurisdictional resources could drive substantial long-term value. Conversely, the bearish view centers on the inherent risks of early-stage exploration projects, including uncertainties regarding the transition of historical non-JORC compliant resource estimates to a modern framework and potential variability in future drill results. For beginner traders, the announcement suggests a cautious optimism: while the technical results and accelerating work programme are impressive, the project remains at an exploration stage with typical risks associated with mining exploration and resource estimation.

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