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.